Corporate Action Role - Despository Participants - Investor Services

Graduation: M.com /MBA/ /CS

Experience: 3+ Years (AM Grade)

Responsibilities:

- Financial market knowledge with thorough understanding of all financial asset classes specifically Equity.. Extensive working knowledge of the Corporate Actions like IPO, Preferential Allotment, Bonus, Subdivision, Consolidation, Schemes of amalgamation, merger, demerger etc

- Extensive product knowledge in the area of Equity including understanding of instrument characteristics their instrument lifecycle Ability to understand various regulatory requirements and fulfill the same on timely manner

- Prior experience in handling Equity corporate actions will be preferable..

Some Additional Responsibilities:

Corporate Actions:

1 Handle various corporate actions on behalf of investors, such as dividend payments, bonus issues, rights issues, and other corporate events.

2 Ensure that investors receive their entitlements in a timely manner.

Investor Services:

1 Provide various investor services, including account statements, transaction statements, holding statements, and other relevant information.

2 They also assist investors with queries and grievances related to their demat accounts.

KYC Compliance:

1 Responsible for ensuring Know Your Customer (KYC) compliance for all demat account holders.

2 Collect and verify KYC documents as per regulatory requirements.

Reporting to Depositories:

1 Report transactions and account details to the respective securities depositories regularly.

2 This ensures proper record-keeping and regulatory compliance. Pledge and Hypothecation of Assets:

1 A depository participant is responsible for the hypothecation of securities.