Depository Operations - Manager

Role overview

Depository Operations - Manager at Kotak Securities

Employment details

• Location: Kotak Infiniti [Mumbai] [Maharashtra] [India]

Additional role details

• Responsibility -
• 1) Taking care of end to end process of client’s journey from Account Opening to Closure.
• Reconciliation of Franking/E-stamping and storage.
• 2) Well-versed with KYC guidelines of CDSL / NSDL, SEBI, and Demat Account Opening.
• 3) Responsible for managing workflow for the team and ensure adherence to departmental standards.
• 4) C oordinating with regulators like NSE, BSE, NSDL, CDSL and MCX to implement and adopt new regulations.
• 5) To work with senior management on audit and preparation of reports, Co-ordination and timely closure of audit.
• 6) Responsible for processing KRA and C-KYC for all the new Accounts and Modification.
• 7) Well-versed with the DP, Exchange Platforms, and Back office Applications.
• 8) Performing the due diligence on new Clients, requesting the KYC information, documentation, review and verification of received documentation and making an analytical risk assessment for new Clients.
• 9) Thorough and succinctly document the processes related to the KYC / AML / KRA & CKYC related activities, for an audience that includes Management, Regulators, Internal Audit & Internal Compliance.
• 10 Vendor management- ensuring effective, complaint, and efficient collaboration with third- party service providers supporting depository functions.
• 11 Ensure timely resolution of issues impacting depository operations through a structured escalation process.