DP AND KYC OPERATION


A Depository Participant (DP) and KYC Operations professional manages client onboarding, demat account maintenance, and regulatory compliance (KYC/AML) within financial institutions. Key duties involve document verification, risk assessment, transaction monitoring, and maintaining accurate client data, ensuring adherence to SEBI or other market standards. 
 

Key Responsibilities

  • KYC & Onboarding: Perform thorough client identification, due diligence (CDD), and verification of documents to prevent fraud.
  • DP Account Management: Manage opening, closing, and updating of Demat accounts; handle transfers, pledges, and rematerialization requests.
  • AML Monitoring: Analyze client transactions to detect suspicious patterns or high-risk activity and report to senior management.
  • Regulatory Compliance: Maintain adherence to AML (Anti-Money Laundering) standards and update records per regulatory requirements.
  • Client Verification: Screen clients against global sanctions lists, PEP (Politically Exposed Persons) lists, and databases.
  • Documentation: Maintain meticulous, up-to-date client records for audit purposes. 

Qualifications and Skills

  • Education: Bachelor’s degree in Finance, Commerce, Banking, or a related field.
  • Knowledge: Understanding of DP processes, KYC regulations, and AML policies.
  • Analytical Skills: Strong ability to scrutinize documents and transaction history.
  • Communication: Effective communication skills for interacting with clients and internal stakeholders.
  • Software Skills: Proficiency in MS Excel and operational tools. 

 

📧 Apply Now: Send your resume to hr@vachanainvestments.com

 📞 for more info, call: 9535628295

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