Head DP Operations Stock Broking- BFSI

What to expect from this role:

- Opportunity to work on stock broking and depository participant related initiatives with key stakeholders of the industry in the country

- Collaboration with internal teams; product, business finance, customer service, etc. to monitor and manage the Depository Participant

- Write requirements and SOPs related to Demat operations for each customer touchpoint and monitor performance against the same

- Manage and control overall functioning and supervision of the Depository operations.

- To manage, train and control teams responsible for processing all the above products

- Day to Day settlement activities securities Pay-in/ Pay-out.

- Creation of Pledge for Margin shortfall / Exposure.

- Handling back office operations pertaining to Buy-back, OFS, MF, Dividend & reconciliation.

- Interacting with clients for resolving queries/ reporting etc.

- Good knowledge of MS Office, MS Excel, etc.

- Experience in handling Audit i.e Concurrent and Internal audit & Ensuring compliance requirements as per SEBI Regulations.

- Co-ordinating with Back office vendor to resolve system.

- Work with data to help grow the DP business by interventions on product and technology

- Responsible for management of business reporting and any ad hoc reporting from time to time. Proficient knowledge of MS Excel is a must

- Customer first attitude with a strong execution bias & Coordinating with CS teams and handling escalations on a day to day basis to provide prompt resolution to customers

- Addressing internal queries, data requirements and escalations

- Experience of working with a highly skilled team across all functions

- To be a part of India's highly disruptive fintech wave

Ideal candidate for this role should:

- Preferably with a MBA degree

- Have minimum 7-9 years of work experience in stock broking and DP operations

- Experience of back office/DP-operations work in a Stock broking/Securities firm

- Experience in Equity & F&O ; operations, Demat

- Experience in CDSL/NSDL DP System

- Be agile and highly collaborative, communicate impressively

- Strong analytical acumen and problem solving

- Demonstrate deep understanding of stock broking business

- Be highly data-driven and adept at balancing needs with business goals

- Be skilled in building and managing business alliances

- Thrive in a competitive and a result-oriented work environment

- Be able to create and own the processes on their own

- Head Risk Operations Stock Broking

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