Back Office Executive

Stock Broking Back Office Executive / DP Operations

Role & Responsibilities

• Handle day-to-day back-office operations of a stock broking firm, ensuring smooth and timely processing of transactions.
• Operate CDSL DP System (CDAS) for demat account servicing, transaction processing, pledging, unpledging and related activities.
• Manage stock broking back-office software, preferably LD (Lidha Didha), and back-office portals.
• Handle KYC account opening, KRA, CKYC, client documentation, verification and compliance procedures.
• Create and maintain client UCC (Unique Client Codes) across NSE, BSE, MCX and other applicable exchanges.
• Manage MTF operations, margin pledging/re-pledging, collateral management, allocation and segregation, margin reporting and shortfall monitoring.
• Process trades, reconcile stock holdings and funds, and ensure accurate transaction records.
• Manage quarterly client fund and securities settlements and applicable regulatory reporting.
• Prepare and submit daily, weekly, monthly and quarterly reports to exchanges, depositories and regulatory authorities as applicable.
• Handle buybacks, OFS, mutual fund transactions, corporate actions and dividend reconciliation.
• Monitor client ledger balances, margin obligations, holdings and settlement-related activities.
• Coordinate with clients to resolve queries regarding trades, accounts, holdings, payments and other operational matters.
• Manage daily phone calls, email correspondence, data entry and documentation.
• Prepare professional bills, vouchers, payment records and general accounting entries.
• Handle arbitrage account opening, payment processing and reporting to the head office.
• Maintain proper records for internal audits, exchange inspections, depository audits and SEBI-related compliance requirements.
• Coordinate with the customer service, compliance, accounts and trading teams to ensure timely resolution of operational issues.
• Implement internal controls, improve operational processes and maintain accuracy in daily activities.

Preferred Candidate Profile

• Graduate in B.Com, BBA, Finance, Accounting or a related discipline.
• Preferably 2–5 years of experience in stock broking back-office operations, DP operations or capital market operations.
• Practical working knowledge of CDSL CDAS, LD (Lidha Didha) or similar stock broking back-office systems.
• Strong understanding of NSE, BSE, MCX, SEBI and depository-related operational procedures.
• Experience in KYC, CKYC, KRA, UCC creation, trade settlement, MTF, pledging and regulatory reporting.
• Knowledge of general accounting procedures, reconciliations, bills, vouchers and payment processing.
• Proficiency in MS Excel, MS Word, email communication and data management.
• Good communication skills for handling customer queries and coordinating with internal departments.
• Strong attention to detail, accuracy, time management and problem-solving abilities.
• Ability to work independently, manage multiple operational tasks and meet regulatory deadlines.
• Candidates with experience in a SEBI-registered stock broking firm or Depository Participant (DP) will be preferred.

Perks and Benefits

• Competitive salary based on experience and technical knowledge.
• Performance-based incentives and annual salary reviews as per company policy.
• Opportunities for professional growth in stock broking, depository operations and capital markets.
• Exposure to equity, derivatives, commodities, mutual funds, MTF and compliance operations.
• Professional and supportive working environment.
• Training and skill development opportunities.
• PF, ESIC, paid leave and other statutory benefits as applicable under company policy.
• Long-term career growth opportunities within the organization.