We are seeking an experienced Manager – DP Operations with hands-on expertise in managing DP operations within the broking industry. The ideal candidate should be well-versed and adaptable to regulatory changes and new product lines, ensuring seamless and compliant operations.
Key Responsibilities
Depository Coordination & Vendor Management:
Liaise with Depositories and Back-office vendors for setup and resolution of queries.
Maintain DP Back-office systems and surveillance systems to ensure smooth daily operations.
DP Transactions & Collateral Management:
Execute DP transactions for Pay-in/Pay-out obligations, Margin Pledge, Unpledge, Repledge processes, and Collateral Management.
Coordinate with Exchanges as necessary to ensure efficient processing.
Client Management & Account Opening:
Handle client master modification requests in DP back-office and Depository systems.
Ensure accurate and compliant account opening across various segments for seamless trading.
Billing & Compliance:
Process DP billing and create billing schemes.
Ensure adherence to Compliance requirements for all transaction executions.
Collaborate with Internal and Concurrent Auditors for DP operations audits.
Handle SEBI, Exchange, and Depository inspections with efficiency.
System Enhancement & Automation:
Continuously enhance and automate systems to comply with evolving regulatory frameworks.
Ensure timely processing of transactions, maintaining operational efficiency.
Reporting & Documentation:
Prepare and maintain daily MIS reports, checklists, and resolve queries promptly.
Proficiently use Microsoft Excel and Word for documentation and reporting.
Query Resolution:
Address internal and external queries effectively, ensuring high client satisfaction.
Qualifications & Skills
Proven experience in handling DP Operations within the broking industry.
Proficiency in Microsoft Excel and Word.
Strong analytical and problem-solving skills.
In-depth knowledge of regulatory frameworks and compliance requirements.
Excellent communication and coordination abilities.
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