Job Description

Key Responsibilities:

Settlement Operations (Pay-in / Pay-out):

Execute and monitor daily pay-in (delivery of securities to clearing corporation) and pay-out (receipt of securities from clearing corporation) activities.

? Ensure timely uploads and reconciliations in line with T+1 settlement cycle.

? Coordinate with Clearing Members, Exchanges, and Depositories (NSDL/CDSL) for settlement obligations. Depository Activities:

? Process demat/remat requests, pledge creation/release, and transmission of securities.

? Verify and authorize DIS (Delivery Instruction Slips).

? Handle off-market transfers, corporate actions (bonus, dividend, splits), and reconciliations.

Shilpi Software Operations:

? Enter, verify, and reconcile transactions in Shilpi back-office software.

? Generate and circulate settlement, holding, and reconciliation reports using Shilpi.

? Maintain accurate records and MIS for audits and compliance.

Compliance & Risk Management:

? Ensure adherence to SEBI, Exchanges, and Depository regulations.

? Assist in responding to audit queries, compliance checks, and regulatory inspections.

? Monitor risk in settlement operations and escalate discrepancies promptly.

Client & Internal Coordination:

? Liaise with clients for demat requests, pledge confirmations, and query resolution.

? Coordinate with RMS, Dealing, and Accounts teams for smooth transaction flow

Skill and Competencies:

? Strong knowledge of depository operations (NSDL/CDSL)

? Practical exposure to pay-in/pay-out processes.

? Hands-on experience with Shilpi software (preferred).

? Good knowledge of settlement cycles, clearing corporation processes, and exchange rules.

? Strong analytical, reconciliation, and problem-solving skills.

? Attention to detail and ability to meet deadlines.

Job Types: Full-time, Permanent

Pay: ₹10,000.00 - ₹40,000.00 per month

Benefits:

Cell phone reimbursement Flexible schedule Health insurance Paid sick time Provident Fund
Work Location: In person