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 solid attention to detail, accuracy and the ability to work within operational deadlines.
Key Responsibilities
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.
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.
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.
Client Servicing
Handle client queries related to demat and DP operations.
Coordinate for documentati