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Mitesh Mistry

COO at Myjobsindia

Last Login: 04 August 2023

Job Views:  
79
Applications:  9
Recruiter Actions:  5

Job Code

1116182

Senior Manager - Depository - BFSI

7 - 12 Years.Mumbai
Posted 2 years ago
Posted 2 years ago

Sr. Manager - Depository BFSI Domain Only


Day to day operations

Sr. Manager - Depository Reports to VP Depository

- Execute all transactions as per instructions received from the custody team within set timelines and any discrepancies are resolved.

- Ensure the account opening, closing, modification, KYC & CKYC updation and compliance are completed within set timelines.

- Ensure TATs are met as per the Service Level Agreements and Operating procedures.

- Well versed with depository applications such as NSDL e-DPM and Local DPM, NSDL DMS, NDML KRA, Speed-e, IDeAS , CDSL CDAS system, CVL KRA and CKYC.

- Should have operational knowledge for margin pledge and repledge instruction.

- Knowledge of demat, remat and redemption process and instruction processing.

- Ensure that data from depositories front-office is downloaded and uploaded accurately to the back offices

- Reconcile the holdings for the previous day between the depository and back-office system

- Ensure that communication services are working smoothly with no glitches; In case of any downtime ensure it is highlighted to the respective depositories helpdesk team and internal IT team; Ensure quick resolution of the same.

Compliance Reporting :

- Ensure various compliance reports as per the prescribed format e.g. Investor Grievance, Compliance certificate etc. and submit the same to compliance officer by the set deadline

- Provide inputs to internal auditors and finalize the reports in discussion with appointed auditors; Submit the reports to depositories in a timely manner

Regularity Reporting :

- Ensured all the regulatory reporting done on time with no errors to the regulators NSDL & CDSL.

- Ensured a daily checking of the emails for the circulars being sent by the regulator and accordingly implement the changes / requirements in the processes.

- Ensured the queries / issues if any received are resolved and reverted within the prescribed deadline time.

- Ensured the data requirements are sent to the regulators well before the deadline time as when are requested by the regulators.

Internal & external Audit :

- Ensure no Major Audit Comment. Documenting of Errors, maintain proper Audit Trail. Coordination with Internal Auditor, SEBI, NSDL and CDSL Audit/Inspection Team.

- Ensure DP internal & concurrent Audits are complected within prescribed time.

- Respond to regulators (NSDL & CDSL) for any audit or compliance related queries.

Other Areas :

- Prepared and put up various DP reports to the board/audit committee

- Updation of operating manual and onward submission to concern team.

- UAT Testing, System up-gradation, ensure timely execution of system up-gradation by coordinating with IT and Regulators.

- Reconcile depositories billing as raised by both depositories and make payments accordingly.

- Responsible for NSDL and CDSL new system mock testing and send feedback to respective teams

- Responsible for DPSecure Back/office system mock testing and send feedback to respective teams

- Ensure timely execution of system upgradation by co coordinating with IT and Regulators. Operation & Help-desks team of depositories (NSDL and CDSL), TCS Team (DpSecure)

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Posted By

user_img

Mitesh Mistry

COO at Myjobsindia

Last Login: 04 August 2023

Job Views:  
79
Applications:  9
Recruiter Actions:  5

Job Code

1116182

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