Location: Ghatkopar Mumbai
Experience: 2–3 Years
Employment Type: Full time
Salary: ₹3.6 – ₹6.0 LPA, depending on experience and suitability
Industry: Stock Broking / Capital Markets
Job Summary
Our client is looking for an Executive – DP & Settlement Operations to manage day-to-day Depository Participant (DP), demat and securities settlement activities.
The ideal candidate should have hands-on experience in DP Operations, CDSL/NSDL, demat processes, settlements, reconciliation and client servicing, preferably within a stock broking, securities or capital markets organisation.
This is an execution-focused role requiring strong attention to detail, accuracy and the ability to work within operational deadlines.
Key Responsibilities
1. DP / Depository Operations
- Handle day-to-day DP and depository operations.
- Process demat account opening, modification and closure.
- Handle dematerialisation and rematerialisation requests.
- Process DIS, transfer and transmission requests.
- Handle off-market and intra-depository transfers.
- Process pledge,
re-pledge and unpledge transactions.
- Coordinate with CDSL/NSDL for DP-related operational requirements.
- Ensure proper documentation and accuracy of DP transactions.
2. Settlement Operations
- Support daily securities settlement activities.
- Monitor settlement-related transactions and timelines.
- Coordinate with Operations, RMS, Accounts and Depository teams.
- Track pending settlement transactions and operational exceptions.
- Support timely completion of pay-in and payout activities.
- Identify and resolve settlement-related discrepancies.
3. Reconciliation
- Perform regular reconciliation of DP and settlement transactions.
- Identify discrepancies and coordinate with relevant teams for resolution.
- Maintain accurate transaction and operational records.
- Follow up on pending transactions and exceptions.
4. Client Servicing
- Handle client queries related to demat and DP operations.
- Coordinate for documentati