22 Oct
|
Indo-Thai Securities
|
Vijay Nagar
22 Oct
Indo-Thai Securities
Vijay Nagar
Job Summary
We are looking for an experienced DP Executive to manage day-to-day depository operations, including demat account opening, maintenance, transaction processing, and coordination with NSDL/CDSL. The candidate should have a strong understanding of DP operations, regulatory compliance, and KYC documentation.
Key Responsibilities
- Handle end-to-end demat account opening and closure processes.
- Process and verify dematerialisation, rematerialisation, pledging, unpledging, and off-market transfer requests.
- Manage DIS (Delivery Instruction Slip) processing and verify client instructions.
- Handle client requests related to demat accounts, including modifications, nomination, transmission, and account freezing/unfreezing.
- Ensure timely processing of transactions and maintenance of accurate client records.
- Perform KYC verification and ensure compliance with applicable SEBI, NSDL, and CDSL guidelines.
- Coordinate with depositories, internal departments, branches, and clients to resolve operational issues.
- Monitor pending requests, rejections, and transaction discrepancies and ensure timely resolution.
- Maintain proper documentation, audit trails, and statutory records.
- Assist with internal, depository, and regulatory audits and ensure compliance with applicable SOPs.
- Handle client queries related to demat accounts and depository services.
- Stay updated on changes in depository procedures,
circulars, and regulatory requirements.
Required Skills and Qualifications
- Graduate in Commerce, Finance, or a related discipline; relevant qualifications will be an advantage.
- 2–5 years of hands-on experience in DP operations at a stockbroking company or Depository Participant.
- Good working knowledge of NSDL/CDSL systems and depository processes.
- Robust understanding of demat account operations, KYC, DIS, pledge transactions, and securities transfers.
- Knowledge of SEBI regulations and applicable depository guidelines.
- Proficiency in MS Excel and operational reporting.
- Strong attention to detail, problem-solving ability, and documentation skills.
- Good communication and coordination skills.
Preferred Candidate Profile
- Candidates currently working in DP Operations with a stockbroker or Depository Participant will be preferred.
- Must be capable of independently handling routine DP operations and resolving operational discrepancies.
- Should be detail-oriented, compliance-focused, and able to manage deadlines effectively.
How to Apply
Interested candidates with relevant experience in DP Operations may share their updated CV for consideration.
Job Type: Full time
Pay: ₹20,000.00 - ₹30,000.00 per month
Experience:
- total work: 2 years (Required)
Work Location: In person
📌 DP Operations (Vijay Nagar)
🏢 Indo-Thai Securities
📍 Vijay Nagar