Head -DP & KYC Operations

Intellectual Capital HR Consulting Pvt. Ltd.; Indore District; Presencial; INR 1.200.000 - 1.800.000; Jornada completa

Descripción de la vacante

Intellectual Capital HR Consulting Pvt. Ltd. invites applications for Head DP & KYC Operations in Indore. The role demands oversight of Demat account processes, KYC verification, and client onboarding to ensure regulatory compliance and operational efficiency.

The candidate will lead a DP & KYC team, implement SOPs, and drive process improvements while coordinating with vendors and IT for system enhancements.

Formación

• 5–12 years of experience in DP operations, KYC, or back-office roles.
• Strong knowledge of NSDL/CDSL operations, SEBI KYC rules, and account opening processes.
• Hands-on experience with DP software, KYC verification platforms, and MIS reporting.

Responsabilidades

• Oversee DP account opening, transfers, dematerialization, and closures.
• Manage end-to-end KYC and client onboarding per SEBI guidelines.
• Ensure regulatory compliance and maintain audit trails for inspections.
• Lead the DP & KYC operations team with SOPs and KPIs.
• Prepare operational reports and track onboarding metrics.
• Coordinate with DP software vendors and IT for system upgrades.

Conocimientos

Demat operations

KYC processing

Regulatory compliance

Team leadership

MIS reporting

Vendor coordination

Educación

Graduate or Postgraduate in Finance/Commerce

Herramientas

DP software

KYC platforms

MIS tooling

Descripción del empleo

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.