Job Summary
We are looking for a detail-oriented and experienced professional to join our Backoffice Operations team in the Broking Industry. The ideal candidate will have strong expertise in capital market operations especially with hands-on experience in Pay-in Payout Pledge Re-pledge and working knowledge of CDSL systems.
Key Responsibilities / Duties
Pay-in and Payout Operations:
Ensure accurate and timely execution of securities and funds pay-in/pay-out as per exchange deadlines.
Pledge and amp; Re-Pledge Operations:
Handle pledge and re-pledge activities for clients in compliance with SEBI and depository regulations.
CDSL System Handling (Live Environment):
Operate and troubleshoot in the CDSL live system for depository-related activities.
Client Demat Transactions:
Process and verify Demat and Remat requests off-market transfers and inter-depository transfers.
Reconciliations and amp; Reporting:
Daily reconciliation of client securities and fund balances and preparation of regulatory reports.
Compliance and amp; Documentation:
Ensure all operational activities are in line with SEBI/Exchange/Depository guidelines. Maintain accurate records and documentation for audits and compliance checks.
Coordination:
Liaise with internal departments (Risk Compliance Tech) and external parties (Depositories Exchanges Clearing Corporations) to resolve queries and ensure smooth operations.
Required Skills and amp; Qualifications
47 years of relevant experience in back-office operations in a stock broking or capital markets firm.
Strong knowledge of:
Pay-in / Payout process
Pledge and amp; Re-pledge mechanism
CDSL system (live operations)
Preferred / Good-to-Have Skills
NSDL knowledge is an added advantage
Familiarity with SEBI regulations related to back-office operations.
Proficient in MS Excel and back-office software.
Attention to detail good analytical and communication skills.