Depository Participant

Prachay Group; Pune District; Sur place; INR 450 000 - 750 000; Plein temps

Résumé du poste

Prachay Group is seeking a detail-oriented professional to manage demat operations, handle DIS, and process DP transactions. The role includes ensuring compliance with SEBI guidelines, CDSIL regulations, and maintaining audit trails.

You will coordinate settlements, monitor corporate actions, and assist clients with account-related requests while ensuring timely communication and accurate MIS reporting. Ideal candidates hold a Commerce/Finance degree with NISM DP certification and have

Qualifications

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

Responsabilités

• Daily Operations: Processing of demat account opening, modification, and closure.
• Handling DIS and execution of off-market/on-market transactions.
• Processing pledge/unpledged/invocation requests.
• Handling dematerialization/rematerialization requests (DRF/RRF).
• Settlement-related activities and coordination with clients/exchanges.
• Monitoring corporate actions (bonus, split, dividend, etc.).
• Compliance & Regulatory: Ensuring compliance with SEBI guidelines and CDSI regulations; maintaining audit trails.
• Reporting & Reconciliation: Daily and periodic reconciliation of DP accounts; generating MIS reports; resolving discrepancies; maintaining audit records.
• Client Servicing: Resolving client queries related to demat accounts and transactions; assisting with account-related requests and compliance; ensuring timely communications.

Connaissances

DP operations

depository systems

SEBI/CDSL regulations

attention to detail

communication

capital markets

Formation

Bachelor's in Commerce/Finance

NISM DP certification

Description du poste

• Processing of demat account opening, modification, and closure
• Handling DIS (Delivery Instruction Slips) and execution of off-market/on-market transactions
• Processing pledge / unpledged / invocation requests
• Handling dematerialization and rematerialization requests (DRF/RRF)
• Settlement-related activities and coordination with clients/exchanges
• 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
• 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
• 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

Job Description

• 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 / unpledged / invocation requests
• Handling dematerialization and rematerialization requests (DRF/RRF)
• Settlement-related activities and coordination with clients/exchanges
• Monitoring corporate actions (bonus, split, dividend, etc.)
• 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
• 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
• 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
• Basic knowledge of capital markets

Educational Qualification

• Graduate (preferably in Commerce/Finance)
• NISM DP certification (preferred)

Experience Background

DP operations / Stock Broking / Depository services