Senior Executive - DP Operations

Jainam Broking Limited

• 5 days ago

Location

Jainam House

Department

DP Operations - JBL

Employment Type

Full-time

Applications Received

3

Closes On

13 Oct, 2026

Position Summary

The Senior Executive - DP Operations will be responsible for managing day-to-day depository operations, ensuring accurate processing of DP transactions, regulatory compliance, reconciliations, and client servicing. The role requires strong knowledge of NSDL/CDSL guidelines, depository processes, and stock broking operations to maintain smooth and compliant DP functioning.

Key Responsibilities

• Execute DP operations including account opening, modification, closure, transmission, dematerialization, rematerialization, pledge, and unpledge requests.
• Process and verify client requests in compliance with NSDL/CDSL, SEBI, and internal policies.
• Perform daily, weekly, and monthly reconciliations of holdings, transactions, and depository records.
• Handle corporate action activities such as bonus, split, merger, rights issue, and dividend-related updates.
• Monitor off-market transactions and ensure proper documentation and approvals.
• Resolve client queries and operational issues within defined turnaround times.
• Maintain accurate records and documentation for audits, inspections, and compliance reviews.
• Assist in regulatory reporting and submission of operational MIS.
• Coordinate with internal teams including Compliance, Risk, RMS, Customer Service, and Technology for issue resolution.
• Ensure adherence to operational controls and risk management practices.

Required Qualifications

• Graduate in Commerce, Finance, Business Administration, or related field.
• NISM Certification in Depository Operations preferred.
• Additional capital market certifications will be an added advantage.

Experience

• 3-5 years of experience in DP Operations within a Stock Broking, Depository Participant, Wealth Management, or Capital Market organization.
• Hands-on experience in NSDL/CDSL depository processes and client servicing.

Required Skills

• Strong knowledge of DP Operations and Depository Processes
• Understanding of NSDL/CDSL regulations and guidelines
• Knowledge of SEBI regulations and KYC requirements
• Reconciliation and operational control expertise
• Client servicing and issue resolution
• Attention to detail and process orientation
• Good analytical and problem-solving skills
• Proficiency in MS Excel and operational reporting
• Effective communication and coordination skills

Key Competencies

• Accuracy & Attention to Detail
• Regulatory Compliance Focus
• Ownership & Accountability
• Time Management
• Team Collaboration
• Risk Awareness