Job opening -

De Mat operation executive

Location - Indore

Education - Commerce graduate/ MBA.

Fresher - 4 years of exp

Role and responsibility-
Execute early pay-in of securities for trades executed on exchanges.
Monitor pay-out reports and process timely release of securities to clients
Process pledge, re pledge, and un pledge transactions as per SEBI and depository guidelines.
Manage margin collateral movements through depository platforms
Reconcile pledged securities between back-office systems and DP accounts.
Track and process corporate actions such as dividends, splits, bonuses, buybacks, and rights issues.
Allocate corporate action benefits accurately to client accounts.
Ensure timely communication and reporting related to corporate actions.
Manage MTF allocation of securities and monitor funding limits.
Generate and validate daily MTF reporting to exchanges and internal teams.
Reconcile MTF books and ensure adequate pledge coverage for funded positions.
Track auction shortages and process auction pay-in of securities as per exchange deadlines.




Coordinate with the risk and settlement team to ensure compliance with exchange norms.
Handle auction pay-out and ensure accurate posting to client accounts.
Daily reconciliation of client holdings, pledged securities, and settlement positions.
Prepare and submit reports to regulators, auditors, and internal teams.
Assist in system audits, DP audits, and exchange inspections.

Qualifications & Skills:
Graduate/Postgraduate in Commerce, Finance, or related field.
2–5 years of experience in depository operations, particularly in a brokerage or DP setting.
In-depth knowledge of NSDL/CDSL systems, exchange settlement mechanisms, and SEBI circulars.
Familiarity with TM/CM pledge structure, MTF, and settlement cycles (T+1, auction).
Hands-on experience with DP back-office systems and clearing corporation portals.
Proficiency in MS Excel and reporting tools
Solid analytical, documentation, and communication skills.

Job Type: Full time

Pay: ₹15,000.00 - ₹20,000.00 per month

Benefits:
Food provided
Provident Fund

Work Location: In person

📌 Dp Operation Executive Indore
🏢 Indo-Thai Securities
📍 Indore