Depository Participant (India)

Depository Participant (India)

25 Sep
|
Formix India
|
India

25 Sep

Formix India

India

1. Role Objective

Manage day-to-day demat account operations, process share transfers, handle pledges, and

ensure flawless compliance with depository guidelines (CDSL/NSDL).

2. Key Responsibilities & Scope of Work

 Demat & Remat Processing: Handle dematerialization, rematerialization, and new client

account opening or modification requests securely.

 Transfers & Settlements: Process on-market, off-market, and inter-depository transfer

instructions accurately within strict market deadlines.

 Pledge Management: Manage pledge, unpledge, and invocation requests smoothly to meet

client margin requirements effectively.

 Corporate Actions: Update client holdings and process complex corporate actions including

dividends, splits, bonuses, and rights issues.

 Reconciliation & Audits: Conduct regular ISIN, holding, and ledger reconciliations; support

internal and statutory DP audits meticulously.

 Documentation & Compliance: Maintain Delivery Instruction Slips (DIS), KYC documents,

and historical records according to SEBI and depository rules.

1. Role Objective

Manage day-to-day demat account operations, process share transfers, handle pledges, and

ensure flawless compliance with depository guidelines (CDSL/NSDL).

2. Key Responsibilities & Scope of Work

 Demat & Remat Processing: Handle dematerialization, rematerialization, and new client

account opening or modification requests securely.

 Transfers & Settlements: Process on-market, off-market, and inter-depository transfer

instructions accurately within strict market deadlines.

 Pledge Management: Manage pledge, unpledge, and invocation requests smoothly to meet





client margin requirements effectively.

 Corporate Actions: Update client holdings and process complex corporate actions including

dividends, splits, bonuses, and rights issues.

 Reconciliation & Audits: Conduct regular ISIN, holding, and ledger reconciliations; support

internal and statutory DP audits meticulously.

 Documentation & Compliance: Maintain Delivery Instruction Slips (DIS), KYC documents,

and historical records according to SEBI and depository rules.

3. Skills & Qualifications Required

 Education: Bachelor’s degree in Commerce, Finance, or a related functional field.

 Experience: 2 to 6+ years of core experience in DP operations within a SEBI-registered

stockbroking firm.

 Certifications: Mandatory NISM Series VI (Depository Operations) certification.

 Technical Skills: Strong functional knowledge of CDSL/NSDL guidelines and standard

back-office depository software.

 Attributes: Exceptional attention to detail, high numerical accuracy, and strong internal

coordination skills.

 Education: Bachelor’s degree in Commerce, Finance, or a related functional field.

 Experience: 2 to 6+ years of core experience in DP operations within a SEBI-registered

stockbroking firm.

 Certifications: Mandatory NISM Series VI (Depository Operations) certification.

 Technical Skills: Strong functional knowledge of CDSL/NSDL guidelines and standard

back-office depository software.

 Attributes: Exceptional attention to detail, high numerical accuracy, and robust internal

coordination skills.

Pay: ₹500,000.00 - ₹1,000,000.00 per year

Work Location: In person

📌 Depository Participant (India)
🏢 Formix India
📍 India

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