Sushil Finance - General Manager - Depository Participant

General Manager - Depository Participant

Work Mode - In office

Job Location - Mumbai Fort

Work Experience : 8 + years

Industry - Financial Services- Broking

Educational - Post Graduation

Candidate Industry - Financial Services - Broking

Candidate Preferred Location - Mumbai

Job Description:

- Oversee day-to-day depository activities, including securities pay-in/pay-out and the creation of pledges for margin shortfalls/exposure.

- Implement efficient processes for all depository activities and measure TAT.

- Maintain and reconcile Depository Records/Registers and safe keeping of records.

- Manage audit processes, including Concurrent, Internal, and External audits.

- Collaborate with back office vendors to resolve system-related issues.

- Ensure compliance with guidelines and procedures prescribed by CDSL, Exchanges, SEBI, Depository Act (including Rules & Bye Laws) and update operation procedures for HO and Branches.

- Analyze and report suspicious transactions and alerts daily to FIU after board approval.

- Formulate risk measurement parameters for Depository Operations.

- Prepare various MIS and Management Reports monthly and as required.

Job Competencies:

- Excellent verbal and written communication skills

- Customer focus

- Analytical

- Eye for Detail

- Multi Tasking

- Negotiation Skills

Technical Competencies:

- Good knowledge of CDSL Depository Operations and compliance requirements.

- Adequate knowledge of primary and secondary market operations.

- Proficiency in MS Office tools, especially Excel.

- Familiarity to Trackwizz Application

- Familiarity to Cross Application

- Must possess NISM VI DP Operations Certification

- Familiarity with CDSL System and Depository Back office operations.

Desired Candidate Profile:

- Team Player

- Maintain & Develop Public Relations with regulatory authorities.

- Knowledge of compliance requirements and stay updated with SEBI/CDSL changes.

- Ability to handle customer grievances efficiently.