Backoffice operations
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 & 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 & Reporting
Daily reconciliation of client securities and fund balances, and preparation of regulatory reports.
Compliance & 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 & Qualifications
4â7 years of relevant experience in back-office operations in a stock broking or capital markets firm.
Strong Knowledge Of
Pay-in / Payout process
Pledge & 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.