Job Description

1. Daily Operations:

• Processing of demat account opening, modification, and closure
• Handling DIS (Delivery Instruction Slips) and execution of off-market/on-market transactions
• Processing pledge / unpledge / invocation requests
• Handling dematerialization and rematerialization requests (DRF/RRF)
• Settlement-related activities and coordination with clients/exchanges
• Monitoring corporate actions (bonus, split, dividend, etc.)

2. Compliance & Regulatory:

• Ensuring compliance with SEBI guidelines
• Adhering to Central Depository Services (India) Limited regulations and circulars
• Maintaining proper audit trail and documentation
• Handling KYC compliance and periodic updates
• Monitoring BSDA eligibility and updates
• Ensuring proper client communication and consent records

3. Reporting & Reconciliation:

• Daily and periodic reconciliation of DP accounts
• Generating and reviewing MIS reports
• Monitoring pending transactions and resolving discrepancies
• Maintaining records for internal and regulatory audits

4. Client Servicing:

• Resolving client queries related to demat accounts and transactions
• Assisting clients with account-related requests and compliance requirements
• Ensuring timely communication for any changes or updates

Skills and Knowledge

• Knowledge of DP operations and depository systems
• Understanding of SEBI/CDSL regulations
• Attention to detail and accuracy
• Good communication and coordination skills

Educational Qualification

• Graduate (preferably in Commerce/Finance)
•  

  NISM DP certification (preferred)

Experience Background

• DP operations / stock broking / depository services