DP Operations Specialist

Broking Operations

DP Operations Specialist

Recruitment queries

recruitment@irage.in

+91 79-65816740

We are seeking an experienced DP Operations Specialist with hands-on expertise in managing DP operations within the broking industry. The ideal candidate should be well-versed and adaptable to regulatory changes and new product lines, ensuring seamless and compliant operations.

Key Responsibilities:

1. Depository Coordination & Vendor Management:
   

   • Liaise with Depositories and Back-office vendors for setup and resolution of queries.
     

   • Maintain DP Back-office systems and surveillance systems to ensure smooth daily operations.
     

2. DP Transactions & Collateral Management:
   

   • Execute DP transactions for Pay-in/Pay-out obligations, Margin Pledge, Unpledge, Repledge processes, and Collateral Management.
     

   • Coordinate with Exchanges as necessary to ensure efficient processing.
     

3. Client Management & Account Opening:
   

   • Handle client master modification requests in DP back-office and Depository systems.
     

   • Ensure accurate and compliant account opening across various segments for seamless trading.
     

4. Billing & Compliance:
   

   • Process DP billing and create billing schemes.
     

   • Ensure adherence to Compliance requirements for all transaction executions.
     

   • Collaborate with Internal and Concurrent Auditors for DP operations audits.
     

   • Handle SEBI, Exchange, and Depository inspections with efficiency.
     

5. System Enhancement & Automation:
   

   • Continuously enhance and automate systems to comply with evolving regulatory frameworks.
     

   • Ensure timely processing of transactions, maintaining operational efficiency.
     

6. Reporting & Documentation:
   

   • Prepare and maintain daily MIS reports, checklists, and resolve queries promptly.
     

   • Proficiently use Microsoft Excel and Word for documentation and reporting.
     

7. Query Resolution:
   

   • Address internal and external queries effectively, ensuring high client satisfaction.
     

Qualifications & Skills:

• Proven experience in handling DP Operations within the broking industry.
  

• Proficiency in Microsoft Excel and Word.
  

• Strong analytical and problem-solving skills.
  

• In-depth knowledge of regulatory frameworks and compliance requirements.
  

• Excellent communication and coordination abilities.

Why You’ll Love Working Here

We’re a team that hustles - plain and simple. But we also believe life outside work matters. No cubicles, no suits - just great people doing great work in a space built for comfort and creativity.

Here’s what we offer:
💰 Competitive salary – Get paid what you’re worth.
🌴 Generous paid time off – Recharge and come back sharper.
🌍 Work with the best – Collaborate with top-tier global talent.
✈️ Adventure together – Annual offsites (mostly outside India) and regular team outings.
🎯 Performance rewards – Multiple bonuses for those who go above and beyond.
🏥 Health covered – Comprehensive insurance so you’re always protected.
⚡ Fun, not just work – On-site sports, games, and a lively workspace.
🧠 Learn and lead – Regular knowledge-sharing sessions led by your peers.

📚 Annual Education Allowance – Take any external course, or certification that makes you better at your craft.

🏋️ Stay fit – Gym memberships with equal employer contribution to keep you at your best.

🚚 Relocation support – Smooth move? We’ve got your back.
🏆 Friendly competition – Work challenges and extracurricular contests to keep things exciting.

From iRage's posting. See the original