Manager - DP Operations

Operations

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:

  1. 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.
       

  2. 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.
       

  3. 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.
       

  4. 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.
       

  5. System Enhancement & Automation:
     

    • Continuously enhance and automate systems to comply with evolving regulatory frameworks.
       

    • Ensure timely processing of transactions, maintaining operational efficiency.
       

  6. Reporting & Documentation:
     

    • Prepare and maintain daily MIS reports, checklists, and resolve queries promptly.
       

    • Proficiently use Microsoft Excel and Word for documentation and reporting.
       

  7. 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.

Apply Now!