Role Overview:

We are looking for a hands-on Depository Operations Professional to manage day-to-day DP operations and ensure smooth, accurate and compliant processing of demat-related activities. Candidates with hands-on experience in IBEATS DP software will be strongly preferred.

Key Responsibilities:

- Manage end-to-end DP operations including demat account opening, modification and closure.

- Process on-market/off-market transfers, dematerialisation, rematerialisation, pledge/unpledged and invocation.

- Handle transmission, transposition, DIS/e-DIS and other securities-related requests.

- Process and reconcile corporate actions including bonus, split, merger, rights, buyback and dividend-related activities.

- Perform daily reconciliation of DP records, client holdings and internal back-office records and resolve discrepancies.

- Maintain accurate client records, transaction documentation and operational audit trails.

- Coordinate with CDSL/NSDL, RTAs, Compliance, Accounts, Risk and Broking teams.

- Ensure compliance with SEBI and Depository regulations, including preparation for DP audits and inspections.

- Handle client queries relating to demat accounts, holdings and transactions.

- Generate and maintain required DP reports and MIS.

- Identify operational gaps and contribute to improving processes and controls.

Candidate Profile:

- 3 - 7 years of relevant experience in DP / Depository Operations.

- Strong practical knowledge of CDSL / NSDL processes.

- Hands-on experience with IBEATS DP software is highly preferred.

- Prior experience with a stock broking company / Depository Participant preferred.

- Good knowledge of MS Excel and reconciliation processes.

- Understanding of SEBI, CDSL/NSDL rules and DP compliance requirements.

- Strong attention to detail, ownership and ability to independently manage operations.

- Graduate in Commerce, Finance, Banking or related discipline preferred.

Ideal Candidate:

The ideal candidate should be capable of independently handling day-to-day DP operations, resolving operational issues, coordinating with Depositories/RTA and ensuring timely and accurate processing of client transactions.

Priority will be given to candidates with hands-on experience in IBEATS and a strong understanding of CDSL/NSDL operations.