Job Description – DP Operations & Risk Management Executive
Position: DP Operations & Risk Management Executive
Department: Depository Operations & Risk Management
Location: Mumbai
Experience: 3–6 Years
Qualification: B.Com / M.Com / Commerce Graduate
Certification: NISM Certification (Mandatory) – Relevant NISM Modules
Job Summary
We are seeking a detail-oriented and experienced DP Operations & Risk Management Executive to manage day-to-day depository operations, ensure regulatory compliance, mitigate operational risks, and maintain seamless coordination with depositories, clients, and internal teams. The ideal candidate should have a strong understanding of NSDL/CDSL processes, depository regulations, and risk management practices.
Key ResponsibilitiesDP Operations
- Handle end-to-end Depository Participant (DP) operations including account opening, modification, closure, and maintenance.
- Process Demat, Remat, Transmission, Pledge, Unpledge, Freeze/Unfreeze, and Off-market transactions.
- Verify client documentation and ensure compliance with KYC and regulatory requirements.
- Coordinate with depositories (NSDL/CDSL) for operational matters and issue resolution.
- Monitor daily transaction reports and reconcile DP records.
- Ensure timely execution of corporate actions and investor requests.
- Maintain accurate records and documentation as per regulatory guidelines.
Risk Management
- Monitor operational and compliance risks related to DP activities.
- Conduct periodic checks and reconciliations to identify discrepancies.
- Ensure adherence to SEBI, NSDL, CDSL, and internal compliance requirements.
- Prepare risk reports and exception reports for management review.
- Assist in internal audits, inspections, and regulatory audits.
- Implement controls and corrective actions to minimize operational risk.
- Monitor suspicious transactions and escalate concerns as per company policy.
Compliance & Reporting
- Ensure compliance with SEBI, Depository, and Exchange regulations.
- Prepare MIS reports, operational reports, and management dashboards.
- Support regulatory reporting and documentation requirements.
- Coordinate with compliance, operations, and audit teams.
Required Skills & Competencies
- Strong knowledge of NSDL/CDSL DP Operations.
- Understanding of SEBI regulations and depository guidelines.
- Experience in risk monitoring and operational controls.
- Good analytical and problem-solving skills.
- Proficiency in MS Excel and operational software.
- Strong communication and coordination skills.
- Ability to work independently and meet deadlines.
Eligibility Criteria
- B.Com / M.Com or equivalent Commerce background.
- Mandatory NISM Certification.
- 3–6 years of experience in DP Operations and Risk Management within a Broking, Depository Participant, or Financial Services organization.
- Experience handling depository operations and regulatory compliance.
Preferred Candidates
- Prior experience with Stock Broking or Depository Participant organizations.
- Knowledge of NSE, BSE, NSDL, and CDSL operational processes.
- Familiarity with audit, compliance, and risk management frameworks.
- Employment Type:
- Full-Time
Interested candidates may apply with their updated resume.
- Interested candidates can share their resume at: [email protected]
- contact no: 8527576858
Job Types: Full-time, Permanent
Pay: ₹25,000.00 - ₹35,000.00 per month
Benefits:
- Flexible schedule
- Paid time off
Work Location: In person
