Depository Operations
1 day ago
Company: Asiatic Stock and Securities
Location: Gurgaon, Haryana
Job Summary: We are looking for a detail-oriented and experienced DP Executive to join our team at Asiatic.
The role requires Deep Knowledge of Depository Operations. Sharp Knowledge of Local DPM, e-DPM, DMS and i-Assist and CDAS system. Document knowledge: Demat, Remat, MF redemption, Account opening (Individual and Non-Individual) DIS Execution, Scan process. Account Closure, Transmission, Closure-Cum-Transfer. DIS issuance..
Key Responsibilities:
- Handle depository operations including demat, remat, pledge, unpledge, and off market transactions.
- Process and verify DIS (Delivery Instruction Slips) and other client instructions accurately.
• Reconcile daily DP reports and maintain updated client records.
- Coordinate with NSDL/CDSL and clearing members for operational activities.
- Monitor and ensure timely settlement of trades and securities movement.
- Prepare and maintain MIS and compliance reports as per SEBI and depository regulations.
• Address and resolve client queries related to demat accounts and DP transactions. - Assist in audit and inspection processes conducted by regulators and depositories. Key Skills & Competencies:
- In-depth knowledge of Depository Operations (NSDL/CDSL).
- Familiarity with DP software and back-office systems.
- Strong attention to detail and ability to work under pressure.
- Proficiency in MS Excel and reporting tools.
- Good communication and coordination skills.
Qualifications & Experience:
- Graduate in Commerce / Finance / Economics or equivalent
- 2 – 5 years of experience in DP operations with a stock broking firm.
- NISM-Series VI (Depository Operations Certification) is mandatory.
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