Job Description: Associate Manager – Depository Ops & Compliance

Key Responsibilities

1. Depository Operations Management

· Oversee the end-to-end lifecycle of depository activities, including Demat/Remat requests, pledged/unpledged instructions, and transmission of shares.

· Manage the Settlement process for pay-in and pay-out of securities, ensuring zero errors in client collateral or pool accounts.

· Reconcile depository holdings with back-office records on a daily basis.

2. Regulatory Compliance & Reporting

· Act as the primary point of contact for depository audits (NSDL/CDSL/SEBI).

· Ensure timely submission of regulatory filings, including Monthly/Quarterly Compliance Reports and Surveillance alerts.

· Monitor and implement changes in SEBI circulars and Depository guidelines to ensure the firm’s systems and processes remain compliant.

3. Risk Management & Grievance Redressal

· Mitigate operational risk by maintaining strict control over Power of Attorney (PoA) and DDPI (Demat Debit and Pledge Instruction) usage.

· Address and resolve client queries and grievances related to depository services within the stipulated SCORES or exchange timelines.

Required Skills & Qualifications

· Education: Bachelor’s degree in Commerce, Finance, or Law. An MBA or CS (Company Secretary) qualification is a significant plus.

· Certifications: Mandatory NISM Series VI (Depository Operations)

· Technical Proficiency: Advanced knowledge of depository software (e.g., DPM, CDAS) and back-office ERPs.

· Attention to Detail: High accuracy in data handling—because in operations, a misplaced decimal can lead to a massive regulatory headache.

Pay: ₹40,000.00 - ₹80,000.00 per month

Benefits:

• Health insurance
• Leave encashment
• Paid sick time
• Paid time off
• Provident Fund

Work Location: In person