Head -DP & KYC Operations

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; Sur place; INR 1 800 000 - 2 600 000; Plein temps

Résumé du poste

Intellectual Capital HR Consulting Pvt. Ltd. seeks a Head of DP & KYC Operations to oversee Demat accounts, KYC processing, and client onboarding in India. You will ensure regulatory compliance, efficiency, and accuracy while leading the DP & KYC team.

The role covers end-to-end DP operations, KYC verification, and documentation adherence, with leadership responsibilities and KPI tracking to drive performance.

Qualifications

• Graduate or Postgraduate in Finance, Commerce, or related field.
• 5–12 years of experience in DP operations, KYC, or back-office in stock broking/financial services.
• Strong knowledge of NSDL/CDSL operations, SEBI KYC regulations, and account opening processes.
• Hands-on experience with DP software, KYC platforms, and MIS reporting.

Responsabilités

• Oversee DP operations including demat account opening, transfers, dematerialization, rematerialization, and closures.
• Coordinate with NSDL/CDSL and DP to ensure smooth functioning and timely settlements.
• Monitor reconciliations, settlements, and exception handling; oversee corporate actions.

Connaissances

DP operations

KYC processing

Back-office operations

Leadership

Regulatory compliance

Formation

Finance/Commerce degree

Outils

DP software

KYC verification platforms

MIS reporting tools

Description du poste

Role & responsibilities

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.