DP Operations Specialist
We are seeking an experienced DP Operations Specialist 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:
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Depository Coordination & Vendor Management:
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Liaise with Depositories and Back-office vendors for setup and resolution of queries.
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Maintain DP Back-office systems and surveillance systems to ensure smooth daily operations.
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DP Transactions & Collateral Management:
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Execute DP transactions for Pay-in/Pay-out obligations, Margin Pledge, Unpledge, Repledge processes, and Collateral Management.
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Coordinate with Exchanges as necessary to ensure efficient processing.
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Client Management & Account Opening:
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Handle client master modification requests in DP back-office and Depository systems.
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Ensure accurate and compliant account opening across various segments for seamless trading.
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Billing & Compliance:
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Process DP billing and create billing schemes.
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Ensure adherence to Compliance requirements for all transaction executions.
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Collaborate with Internal and Concurrent Auditors for DP operations audits.
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Handle SEBI, Exchange, and Depository inspections with efficiency.
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System Enhancement & Automation:
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Continuously enhance and automate systems to comply with evolving regulatory frameworks.
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Ensure timely processing of transactions, maintaining operational efficiency.
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Reporting & Documentation:
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Prepare and maintain daily MIS reports, checklists, and resolve queries promptly.
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Proficiently use Microsoft Excel and Word for documentation and reporting.
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Query Resolution:
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Address internal and external queries effectively, ensuring high client satisfaction.
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Qualifications & Skills:
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Proven experience in handling DP Operations within the broking industry.
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Proficiency in Microsoft Excel and Word.
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Strong analytical and problem-solving skills.
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In-depth knowledge of regulatory frameworks and compliance requirements.
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Excellent communication and coordination abilities.
Why You’ll Love Working Here
We’re a team that hustles - plain and simple. But we also believe life outside work matters. No cubicles, no suits - just great people doing great work in a space built for comfort and creativity.
Here’s what we offer:
💰 Competitive salary – Get paid what you’re worth.
🌴 Generous paid time off – Recharge and come back sharper.
🌍 Work with the best – Collaborate with top-tier global talent.
✈️ Adventure together – Annual offsites (mostly outside India) and regular team outings.
🎯 Performance rewards – Multiple bonuses for those who go above and beyond.
🏥 Health covered – Comprehensive insurance so you’re always protected.
⚡ Fun, not just work – On-site sports, games, and a lively workspace.
🧠 Learn and lead – Regular knowledge-sharing sessions led by your peers.
📚 Annual Education Allowance – Take any external course, or certification that makes you better at your craft.
🏋️ Stay fit – Gym memberships with equal employer contribution to keep you at your best.
🚚 Relocation support – Smooth move? We’ve got your back.
🏆 Friendly competition – Work challenges and extracurricular contests to keep things exciting.