Securities Operations & Settlement Manager

The primary responsibility of this role is to manage and oversee the business operations of the Back-Office Department (BO) pertaining to Broking & Depository Participant (DP) operations. The role involves supervising daily operational activities, ensuring compliance with regulatory standards, handling client queries, driving automation initiatives, and supporting business growth through data-driven insights.

Ideal Candidate

A highly experienced professional with strong leadership skills, deep understanding of stock broking & DP operations, and the ability to balance compliance, operational efficiency, and business growth in a fast-paced environment. The candidate must demonstrate a customer-first attitude, be highly data-driven, and thrive in a competitive, result-oriented work culture.

Responsibilities

1. Depository & Settlement Operations

• Lead and manage overall functioning of Depository Operations.
• Oversee day-to-day settlement activities including securities pay-in / pay-out.
• Manage creation of pledges for margin shortfalls / exposure.
• Handle back-office operations pertaining to Cash, FnO, Mutual Funds, Treasury Bill, and corporate actions.
• Execute Dematerialisation / Transmission / Transposition of physical shares.
• Facilitate Delivery Instruction Slip processing, Early Pay-in, and pledge / re-pledge / un-pledge transactions.

2. Business Operations & Reporting

3. Client Query & Stakeholder Management

4. Audit, Compliance & Governance

5. Automation & Technology

6. Risk & RMS Monitoring

Note : Additional responsibilities may be assigned based on organizational needs.

Qualifications