Head DP and KYC Operations

Intellectual Capital HR Consulting Pvt. Ltd.; Chennai District; Presencial; INR 1 500 000 - 2 100 000; Tempo integral

Resumo da oferta

Intellectual Capital HR Consulting Pvt. Ltd. in Chennai seeks a Head of DP & KYC Operations to oversee Depository Participant (Demat) accounts, KYC processing, and client onboarding, ensuring regulatory compliance and smooth account management.

Lead the DP & KYC team, coordinate with NSDL/CDSL and vendors, drive SOPs, MIS reporting, and process improvements, and maintain audit trails for SEBI and exchange regulations. Strong leadership and finance/commerce background required.

Qualificações

• Graduate or postgraduate in Finance, Commerce, or related field.
• 5–12 years of experience in DP operations, KYC, or back-office roles.
• Strong knowledge of NSDL/CDSL operations and SEBI KYC regulations.
• Experience with DP software, KYC platforms, and MIS reporting.
• Leadership and strong communication skills; detail-oriented and compliant.

Responsabilidades

• Oversee Demat account opening, transfers, dematerialization, rematerialization, and closures.
• Manage end-to-end client onboarding (Retail, HNI, Institutional) with KYC verification.
• Ensure SEBI/NSDL/CDSL compliance and maintain audit trails.
• Lead DP & KYC team; develop SOPs and KPIs; drive process improvements.
• Prepare MIS reports and coordinate with vendors/IT for system upgrades.
• Liaise with DP software providers and ensure timely regulatory reporting.

Conhecimentos

DP operations

KYC processing

Back-office operations

Leadership

Communication

Formação académica

Graduate or Postgraduate in Finance/Commerce

Ferramentas

DP software

KYC verification platforms

MIS reporting

Descrição da oferta de emprego

Job Title: Head DP & KYC Operations

Job Summary:

The Head of DP & KYC will oversee all operations related to Depository Participant (Demat) accounts, KYC processing, and client onboarding. The role ensures compliance with regulatory requirements, smooth account management, and operational efficiency while leading the DP & KYC team.

Key Responsibilities:

1. DP Operations

• Oversee Demat account opening, transfers, dematerialization, rematerialization, and closures.
• Coordinate with NSDL/CDSL and Depository Participants to ensure smooth functioning.
• Monitor Demat account reconciliations, settlements, and exception handling.
• Ensure timely execution of corporate actions like bonus, splits, dividends, etc.

2. KYC & Client Onboarding

• Manage the end-to-end client onboarding process (Retail, HNI, Institutional).
• Ensure KYC verification as per SEBI, exchange, and internal guidelines.
• Oversee account documentation, verification, and approval processes.
• Handle escalations in KYC discrepancies or incomplete documentation.

3. Compliance & Regulatory Oversight

• Ensure compliance with SEBI, NSDL/CDSL, and exchange regulations.
• Maintain audit trails and documentation for regulatory inspections.
• Conduct periodic internal audits of DP & KYC processes.

4. Team Leadership & Process Management

• Lead, mentor, and manage DP & KYC operations team.
• Develop and implement process improvements and standard operating procedures (SOPs).
• Set KPIs and monitor team performance for efficiency and accuracy.

5. MIS & Reporting

• Prepare regular reports on Demat account operations, KYC compliance, and onboarding metrics.
• Report exceptions, pending cases, and operational risks to senior management.
• Support management in decision-making with accurate operational data.

6. Technology & Vendor Coordination

• Liaise with KYC verification vendors, DP software providers, and IT teams.
• Implement automation and system upgrades for faster processing and accuracy.

Required Skills & Qualifications:

• Graduate or Postgraduate in Finance, Commerce, or related field.
• 5–12 years of experience in DP operations, KYC, or back-office operations in a stock broking/financial services firm.
• Strong knowledge of NSDL/CDSL operations, SEBI KYC regulations, and account opening processes.
• Hands-on experience with DP software, KYC verification platforms, and MIS reporting.
• Excellent leadership, communication, and process management skills.
• Detail-oriented, process-driven, and compliance-focused.