Executive - Back Office Operations

Job Description:

Job Overview:

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:

• 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.

Key Requirements:

• 4–7 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)

  • 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.