DP Ops and Settlement- Capital Markets - Mumbai, India - MONEYLICIOUS INVESTMENTS AND CONSULTING SERVICES PRIVATE LIMITED

    MONEYLICIOUS INVESTMENTS AND CONSULTING SERVICES PRIVATE LIMITED
    MONEYLICIOUS INVESTMENTS AND CONSULTING SERVICES PRIVATE LIMITED Mumbai, India

    1 week ago

    Moneylicious Investments And Consulting Services Private Limited background
    Full time
    Description

    A fast growing Fintech of an Existing Stock Broking firm is hiring for Manager - DP Operations and Settlement

    Job Location - Mumbai (Goregaon)

    Existing experience in DP Operations is Mandatory

    Job Description

    Pledge/Unpledged, Repledge/Unrepledge of Shares as Collateral.

    BO ID Creation / Modification / Closure.

    Well versed with KYC guidelines of CDSL/ NSDL and SEBI and Demat account opening.

    Well versed with AML checkpoints and other Regulatory audit requirements.

    Liaising with market participants (Regulatory bodies, exchanges, brokers, DPs etc) and internal stakeholders for smooth functioning.

    Experience in managing all DP Operations including Account Opening, KRA upload and DIS processing.

    Pay-in Pay-out of Shares (Including Early Pay-in) in Back office Process in DP.

    Daily Margin Reporting to exchange and understanding of its calculation, weekly regulatory reporting of Monitoring of client assets, Holding reporting, Cash and Cash equivalent.

    EOD BOD Process.

    Handling Corporate Action Process ((Face Value Split, Bonus, Capital Reduction, Merger & Demerger, Rights Issue, Buy Back, and OFS) and its impact of daily process.

    Should have fair knowledge of other securities processes like Pay-in, Payout, Auctions, Holding, Margin pledge etc.

    Margin Process Reporting to Exchange Checking Shortage.

    Demat Remat Process.

    Stock Reconciliation (Pool/Cust/Collateral etc.) with Back office.

    Handling of timely responses to customer service team for customer queries in relation to margin reporting, Levies and other related processes.

    DP -DIS (process/issuance/cancellation) upload images to DP.

    Interaction with DP back-office vendor.

    Dividend Process Handling audits - regulatory, internal, statutory, concurrent audit, CDSL & NSDL audit etc.

    Other ad-hoc duties as may be required from time to time as per DP regulations and internal policies.

    Experience of billing for monthly charges, AMC, etc. Should be good at in Excel and aptitude to learn & improve the processes