Lead - DP

Univest-Stock-Broking-Private-Limited; Gurugram District; On-site; INR 4,000,000 - 8,000,000; Full time

Job summary

Univest-Stock-Broking-Private-Limited in India is seeking a Lead – DP & KYC to oversee end-to-end DP operations including demat accounts and KYC compliance. The role focuses on regulatory adherence, transaction accuracy, and process excellence.

You will manage DP processes, KRA/CKYC, and liaise with exchanges, depositories, and auditors while driving SOPs, controls, and continuous improvements using Advanced Excel and DP software.

Qualifications

• Minimum 9 years of experience in DP operations and related KYC processes.
• Strong hands-on experience with NSDL/CDSL operations and DP compliance.
• Proficiency in related software platforms and regulatory portals (KRA/CKYC).
• Excellent problem-solving, communication, and team-management skills.

Responsibilities

• Lead end-to-end DP operations including demat account opening, maintenance, modifications, closures, transmission, rematerialisation, pledging and unpledging.
• Manage KYC processes, including account verification, documentation, KRA/CKYC compliance and data validation.
• Ensure compliance with SEBI, NSDL/CDSL and other applicable regulations.
• Handle DP reconciliations, audit requirements, exception management and regulatory reporting.
• Work with NSDL/CDSL systems, DP software and KRA/CKYC portals; leverage Advanced Excel for data analysis.
• Maintain accurate records; resolve operational discrepancies; ensure timely processing of requests.
• Coordinate with internal teams, exchanges, depositories, auditors and compliance departments.
• Monitor process efficiency, identify gaps and implement improvements.
• Guide team members; ensure adherence to SOPs, internal controls and service standards.

Skills

DP operations

NSDL/CDSL

Advanced Excel

Team management

Regulatory compliance

Education

Bachelor's degree in finance/commerce/related field

Tools

NSDL/CDSL portals

DP software

Job description

Univest is an investment ecosystem enabling users to make higher ROI by making investment journeys smart, frictionless & rewarding. Starting with stock market investments, from identifying the right investment opportunities ( basis one’sinvestment style), easy research, to exiting an investment at the right time, all from a single application. No we’re not a broker platform. We’re a data product. And we’re a funded startup.

About our growth

56%+ avg. MoM growth for 9 straight months, achieving anEBITDAof~$1MARRin November, with over 8 lakh+ users and managing more than 2500 Cr+ in AUM!

Job Description

Job Description: Lead – DP & KYC

Role Overview:

We are looking for an experienced professional to lead Depository Participant (DP) Operations, with additional responsibility for KYC operations, ensuring smooth processing, regulatory compliance, and operational accuracy.

Key Responsibilities:

Lead end-to-end DP operations, including demat account opening, maintenance, modifications, closures, transmission, rematerialisation, pledging, and unpledging.

Manage KYC processes, including account verification, documentation, KRA/CKYC compliance, and data validation.

Ensure compliance with SEBI, NSDL/CDSL, and other applicable regulatory guidelines.

Handle DP reconciliations, audit requirements, exception management, and regulatory reporting.

Work extensively on NSDL/CDSL systems, DPM/DP software, KRA/CKYC portals, and Advanced Excel.

Maintain accurate records, resolve operational discrepancies, and ensure timely processing of requests.

Coordinate with internal teams, exchanges, depositories, auditors, and compliance departments.

Monitor process efficiency, identify operational gaps, and implement improvements.

Guide team members and ensure adherence to SOPs, internal controls, and service standards.

Required Skills & Qualifications:

Minimum 9 years of relevant experience in the Depository Participant industry, with strong hands-on DP operations expertise.

In-depth knowledge of NSDL/CDSL processes, DP compliance, and applicable SEBI regulations.

Proficiency in all relevant DP systems, operational software, KRA/CKYC portals, and Advanced Excel.

Strong understanding of documentation, reconciliation, audit, and compliance processes.

Excellent problem-solving, analytical, communication, and team-management skills.

Preferred Candidate: A seasoned DP operations professional with strong technical expertise, regulatory knowledge, and the ability to independently manage end-to-end DP functions, along with KYC operations.