Depository Participant
Prachay Group
- Location
- Pune/Pimpri-Chinchwad Area
- Job type
- Full-time
Required skills
- capital markets
- compliance
About the role
Prachay Group
Website:
prachay.com
Job details:
Job Description
- Daily Operations:
- Processing of demat account opening, modification, and closure
- Handling DIS (Delivery Instruction Slips) and execution of off-market/on-market transactions
- Processing pledge / unpledged / invocation requests
- Handling dematerialization and rematerialization requests (DRF/RRF)
- Settlement-related activities and coordination with clients/exchanges
- Monitoring corporate actions (bonus, split, dividend, etc.)
- Compliance & Regulatory:
- Ensuring compliance with SEBI guidelines
- Adhering to Central Depository Services (India) Limited regulations and circulars
- Maintaining proper audit trail and documentation
- Handling KYC compliance and periodic updates
- Monitoring BSDA eligibility and updates
- Ensuring proper client communication and consent records
- Reporting & Reconciliation:
- Daily and periodic reconciliation of DP accounts
- Generating and reviewing MIS reports
- Monitoring pending transactions and resolving discrepancies
- Maintaining records for internal and regulatory audits
- Client Servicing:
- Resolving client queries related to demat accounts and transactions
- Assisting clients with account-related requests and compliance requirements
- Ensuring timely communication for any changes or updates
Skills And Knowledge
- Knowledge of DP operations and depository systems
- Understanding of SEBI/CDSL regulations
- Attention to detail and accuracy
- Good communication and coordination skills
- Basic knowledge of capital markets
Educational Qualification
- Graduate (preferably in Commerce/Finance)
- NISM DP certification (preferred)
Experience Background
DP operations / Stock Broking / Depository services
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