Home: Careers at NSDL

Job Description

• Handling and managing Settlement of various segments equity, Mutual Fund Debt and tender offer.

• Coordination with MIIs and SEBI for Settlement

• Handling and managing Supporting activities of settlement like IDT, Margin pledge, Stamp Duty etc.

• Handling and managing activities related to e-services of NSDL which includes SPEEDe, IDeAS etc.

• Handling and managing activities related to admission of Clearing Members, Brokers, Mutual Fund and PMS in NSDL system.

Job Description

• Lead product lifecycle management from ideation to deployment and ongoing enhancements.

• Ensure all product offerings adhere to SEBI guidelines and other relevant regulations.

• Stay updated on regulatory changes affecting mutual fund products and settlement systems, ensuring compliance at all times.

• Work closely with internal teams, including IT, operations, compliance, and marketing, to ensure successful product delivery.

• Liaise with external stakeholders, such as asset management companies (AMCs), distributors, and regulatory authorities (e.g., SEBI), to align product features with market needs and regulatory requirements.

• Drive automation and digital transformation initiatives to improve operational efficiency.

• Gather and analyse feedback from investors, intermediaries, and other users to enhance product features and user experience.

Job Description

• Should possess basic knowledge in operations of Indian capital market along with domain knowledge of Banking and financial Services (BFSI) or having experience in handling Depository Participants or Demat related product or Operational activities are preferred being preferred.

• Understanding on SEBI regulation will be an added advantage.

• Carry out daily operational activities (BAU) relating to the products assigned and Manage the product on end-to-end basis.

• Resolve any discrepancies or production issues pertaining to the product.

• Liaise with companies or other stakeholders for product related matters.

• Liaise with system team to develop the product as per business requirement.

• Prepare test cases and carry out testing on UAT.

• Enhancement of products on continuous basis.

• Will be required to meet the product deadlines in timely manner.

• Prepare daily, weekly, monthly, quarterly and yearly MIS for Management.

Job Description

• Conducting inspections and ensure timely submission of reports & subsequent compliances from BPs.

• Identification of process improvements in the existing processes.

• Good understanding of KYC framework.

• Performing the due diligence on Clients, requesting the KYC information, documentation, review and verification of received documentation from the existing Clients.

• To complete the end to end process of monitoring receipt and review of all periodical submissions from Business Partners as per Compliance Calendar.

• Registration related activities in respect of DP i.e., to complete the end to end process for registration of Business Partners.

• Performing the due diligence on Clients, requesting the KYC information, documentation, review and verification of received documentation from the existing Clients.

• Communicate effectively and efficiently with internal and external stakeholders.

• MIS and periodic reporting to Management.

• Updating of various databases related to Business Partners.

• Regulatory reporting.

• Co-ordinate and facilitate with across departments to develop and/or enhance system controls, procedures and trainings.

• Pro-active action to ensure correct and timely compliance of all required submissions by respective BPs.

• Interacting with MIIs /SEBI on compliance related matters.

• Communicate effectively and efficiently with relevant internal and external stakeholders.

Job Description

• Organize, coordinate and travel for SEBI Regional Seminars / Investor Awareness Programs (IAPs) (RISA) representing NSDL and brief investors on depository operations.

• Scale up NSDL flagship IAP program Market Ka Eklavya (MKE). It involves specifically preparing database of colleges PAN India, reaching out to college authorities with program description, coordination with college coordinators etc.

• Administration work involved with above IAPs.

• Co-ordinating with agencies for smooth functioning of the IAPs.

• Travelling for IAPs held in India.

• Develop and prepare content for MKE course upgradation.

• Managing Internal Communications and delivering content

• Developing, editing and updating web content on regular basis wrt Investor Education.

• Managing digital media activities for the organization

• Support for external communications

• Assisting in other investor education activities

Job Description

• Understanding on SEBI regulation on FPI

• Liaise with regulators, companies or other stakeholders for product related matters.

• Required to draft proposals, policies, business requirement document (BRDs/FRDs)

• Should have relevant experience of Indian capital market industry (viz., Stock Exchange, Custodian, Depository Participant, Stock Broker etc.).

• Should possess knowledge of Indian capital market with knowledge on Foreign Portfolio Investor (FPI) and its compliance or having experience in handling DP or Demat related product or Operational activities are preferred being preferred.

• Understanding on SEBI regulation on FPI will be an added advantage

• Carry out daily operational activities relating to the products assigned and Manage the product on end to end basis.

• Resolve any discrepancies or production issues pertaining to the product.

• Liaise with regulators, companies or other stakeholders for product related matters.

• Liaise with system team to develop the product as per business requirement.

• Will be required to draft proposals, policies, business requirement document (BRDs/FRDs)

• Prepare test cases and carry out testing on UAT.

• Enhancement of products on continuous basis.

• Will be required to meet the product deadlines in timely manner.

• Will be required to carry out required business analysis and present it to Management and Other Stakeholders.

• Prepare daily, weekly, monthly, quarterly and yearly MIS for Management.

Job Description

• Role/Responsibility :- DP services.

• To have a flair to promote NSDL products to new clients and enhance the existing clientele relationship by understanding client needs and develop plans to address them.

• Should be conversant to deal with top management of corporates in general and particularly fin-tech start-ups and discount brokers and listed issuers.

• Develop a growth strategy focused both on financial gain and customer satisfaction.

• Arrange business meetings with prospective clients Identify key staff in client companies to cultivate profitable relationships.

• Resolve customer complaints quickly and effectively, Focus on upselling and cross-selling of products and features, promote high-quality sales, and customer service processes.

• Create a Sales plan and matrix which is to be result oriented.

• Aim to preserve customers and also get in new customers to the product platform of NSDL ,Approach potential customers to establish relationships ,Gain good knowledge of competitors and Capital market developments.

• Should have good presentation skills for conducting training and awareness programs with DPs and PCS.

Skill Sets

Essential:

• Essential: Should have experience in marketing and business development role.

Desirable:

• Responsible for Issuers Business Development and related Products.

• Achieve business growth targets as per sales plan and profitability

• Get new customers

• Flair to Increase market share in the mapped region

• Customer Retention

• Coordination with relationship managers for business related activities

• Excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers

Job Description

• Role/Responsibility :- DP services.

• To have a flair to promote NSDL products to new clients and enhance the existing clientele relationship by understanding client needs and develop plans to address them.

• Should be conversant to deal with top management of corporates in general and particularly fin-tech start-ups and discount brokers and listed issuers.

• Develop a growth strategy focused both on financial gain and customer satisfaction.

• Arrange business meetings with prospective clients Identify key staff in client companies to cultivate profitable relationships.

• Resolve customer complaints quickly and effectively, Focus on upselling and cross-selling of products and features, promote high-quality sales, and customer service processes.

• Create a Sales plan and matrix which is to be result oriented.

• Aim to preserve customers and also get in new customers to the product platform of NSDL ,Approach potential customers to establish relationships ,Gain good knowledge of competitors and Capital market developments.

• Should have good presentation skills for conducting training and awareness programs with DPs and PCS.

Skill Sets

Essential:

• Essential: Should have experience in marketing and business development role.

Desirable:

• Responsible for Issuers Business Development and related Products.

• Achieve business growth targets as per sales plan and profitability

• Get new customers

• Flair to Increase market share in the mapped region

• Customer Retention

• Coordination with relationship managers for business related activities

• Excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers

Job Description

• The candidate will be required to travel regularly and liaison on a daily basis with the locally based RTAs, and such RTAs based out of Mumbai. (for which telephonic follow up would be solicited, with meetings at frequencies meeting the business requirements of the organization).

• This would be in addition to interacting with the client companies of such RTAs for ensuring smooth and seamless on boarding with NSDL in the unlisted segment.

• The candidate should also be able to make effective presentations for close user groups as well as larger audience for period training cum presentation sessions conducted by NSDL jointly with RTAs for business enhancements.

• The candidate must possess excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers/RTAs for Mumbai.

• Candidate should be able to join NSDL at the earliest possible timeline to cater to the organizations business needs.

Skill Sets

Essential:

• Essential: Should have experience in marketing and business development role.

Desirable:

• Responsible for Issuers Business Development and related Products.

• Achieve business growth targets as per sales plan and profitability

• Get new customers

• Flair to Increase market share in the mapped region

• Customer Retention

• Coordination with relationship managers for business related activities

• Excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers

Job Description

• Develop, execute, and manage business strategies that prioritizes growth. Conduct market research and competitive analysis: Gather and analyze data on market trends and competitors to inform product decisions.

• Build a strong product roadmap. He/she shall be responsible for handling/developing new products and services. He/she shall identify potential products and services, conduct market research, generating product requirements, determining specifications, product launch plan developing and handling the entire life cycle of products.

• Responsible for identifying and pursuing new business opportunities, building and maintaining lasting relationships with clients, and driving sales growth for the company.

• Build and nurture strategic partnerships with other companies, driving business growth and market expansion.

• Collaborate with cross-functional teams: Work closely with IT, marketing, sales, and other departments to ensure cohesive product development.

• Ensure that regulatory reporting requirements are duly and complied in a timely manner.

• Co-ordinate with SEBI and other stakeholders viz., custodians/DDP, AMCs to understand their requirements and implementation of products and services. Engaging with SEBI, IFSCA and other MIIs with respect to compliance requirements as specified in SEBI regulations and guidelines.

• Interaction with Internal and concurrent auditors for conduct of audit, handling of audit queries, audit observations and audit responses.

• Knowledge about international practices in respect of depositories business and working of Indian Mutual fund industry.

Job Description

• Understanding on SEBI regulation on FPI

• Liaise with regulators, companies or other stakeholders for product related matters.

• Required to draft proposals, policies, business requirement document (BRDs/FRDs)

• Should have relevant experience of Indian capital market industry (viz., Stock Exchange, Custodian, Depository Participant, Stock Broker etc.).

• Should possess knowledge of Indian capital market with knowledge on Foreign Portfolio Investor (FPI) and its compliance or having experience in handling DP or Demat related product or Operational activities are preferred being preferred.

• Understanding on SEBI regulation on FPI will be an added advantage

• Carry out daily operational activities relating to the products assigned and Manage the product on end to end basis.

• Resolve any discrepancies or production issues pertaining to the product.

• Liaise with regulators, companies or other stakeholders for product related matters.

• Liaise with system team to develop the product as per business requirement.

• Will be required to draft proposals, policies, business requirement document (BRDs/FRDs)

• Prepare test cases and carry out testing on UAT.

• Enhancement of products on continuous basis.

• Will be required to meet the product deadlines in timely manner.

• Will be required to carry out required business analysis and present it to Management and Other Stakeholders.

• Prepare daily, weekly, monthly, quarterly and yearly MIS for Management.

Job Description

• Oversee and streamline billing and collections processes.

• Raising invoices & ensure the same is dispatched on time.

• Assist with identification, design & implementation of new billing system, process enhancements. Ageing Reconciliation of Debtors.

• Handling client queries on billing & addressing the same.

• Putting up process for improvement in automation.

• Reviewing & enhancing SOP of Accounts receivables.

• Billing of lease line fees (yearly and going) and beneficiary demographics charges to RTAs .

• MIS of collection, debtors, recovery etc.

• Responsible for building a robust system, to lead and direct the Finance function, to ensure that all depository operations are monitored and controlled against budget, all financial transactions are treated appropriately, accurate financial information is available to support management decision-making and to ensure that the depository adheres to all regulatory requirements and legislations. Responsible for designing and developing strong control systems to preserve company assets and report accurate financial results.

• Responsible for the administrative, financial and financial risk management operations of the company.

• Responsible for Depository Asset/Liability Management and recommending strategies to improve operating margins and liquidity.

• Responsible for the issuance of all financial information of the company including revenues, expenses, preparation of P&L, Balance Sheet, Annual Reports etc.

• Direct and Indirect Taxation matters, payments and filing of returns.

• Drafting, Monitoring And Implementation of Budgets Implement a suitable system to assist with all financial reporting to the board, Regulators and any other External Stakeholder.

• Develop financial and tax strategies to assist in the implementation of strategic business plans.

• Keep abreast of current market and industry issues, regulation and policies, and maintains relationships with the community and industry trade groups.

Job Description

• Checking of all Vendor Payments, Purchases and provisions.

• Banking activities.

• Preparing required MIS daily/ weekly/ fortnightly/ monthly/ quarterly for seniors Exploring Treasury/ Investment options, checking various proposals.

• Implement a suitable system to assist with all financial reporting to the board, Regulators and any other External Stakeholder.

• Handling Internal/ IFC/ Statutory/ Tax audit/ GST audit/ ISMS/ BCMS etc

• Responsible for building a robust system, to lead and direct the Finance function, to ensure that all income and expenses are monitored and controlled vis--vis budget, all financial transactions are treated appropriately, accurate financial information is available to support management decision-making and to ensure that the depository adheres to all regulatory requirements and legislations.

• Responsible for designing and developing strong control systems to safeguard company assets and report accurate financial results.

• Responsible for the administrative, financial and financial risk management operations of the company.

• Responsible for Depository Asset / Liability Management and recommending strategies to improve operating margins and liquidity.

• Responsible for the issuance of all financial information of the company including revenues, expenses, preparation of P&L, Balance Sheet, Annual Reports etc.

• Checking Direct and Indirect Taxation payments and other matters, payments and filing of returns.

• Drafting, Monitoring and Implementation of Budgets Overseeing all treasury activities including banking, investment, debt issuance, and liquidity management.

• Assist the CFO/ DY. CFO in identifying new funding opportunities for business initiatives.

• Develop financial and tax strategies to assist in the implementation of strategic business plans.

• Keep abreast of current market and industry issues, regulation and policies, and maintains relationships with the community and industry trade groups.

• Optional - Should have experience of meeting investors, responding to their queries, prepare presentation for investors and analysts, prepare presentation for Board with quarterly results.

Job Description

• Handling and managing Settlement of various segments equity, Mutual Fund Debt and tender offer.

• Coordination with MIIs and SEBI for Settlement

• Handling and managing Supporting activities of settlement like IDT, Margin pledge, Stamp Duty etc.

• Handling and managing activities related to e-services of NSDL which includes SPEEDe, IDeAS etc.

• Handling and managing activities related to admission of Clearing Members, Brokers, Mutual Fund and PMS in NSDL system.

• Responsible for analyzing of new regulatory developments including preparation concept note, BRD, testing etc. and gather requirement to establish end to end Configuration of Workflow.

• Track the regulatory developments end to end and ensuring that the timeline provided by SEBI / Govt. of India is achieved.

• Organize meeting with respective stakeholders to regular monitor the progress and to achieve the regulatory compliance.

• Coordinating with other MIIs for uniform implementation and SEBI in compliance related matters.

• Understanding of SEBI / NSDL guidelines, Preparation and issuance of circulars, Operating guidelines, and regulatory directives to Depository Participant / RTAs.

• Regular updating of various Master Circulars.

• Co-ordination / follow up with various teams and Issuing clarifications on queries raised by Participants.

Job Description

• Prepare regulatory matrix encompassing compliance under various applicable laws/regulations/enactments/statutes governing a Depository which, inter alia, shall include the following enactments:

• Companies Act, 2013 and Rules issued thereunder

• Secretarial Standards

• SEBI (Depositories and Participants) Regulations

• Depositories Act

• SEBI (Listing Obligations and Disclosure Requirements) Regulations

• SEBI (Intermediaries) Regulations

• Bombay Public Trust Act.

• NSDL Bye Laws

• NSDL Business Rules

• Preparation/Review of notices, agendas and minutes of meetings of Board, Committee and Shareholders.

• Preparation/Review of Annual Reports, Annual returns

• Preparation/filing of e-forms with MCA

• Manage various Audits and Regulatory Inspections

• Track and interpret regulatory updates with impact analysis

• Review policies, byelaws, business rules, constitutional documents

• Research pertaining to Board governance matters

• Ensure robust control mechanism in place

• Preparation of process notes and update it on a periodic basis

Job Description

• Drafting of replies and correspondences with regulatory authorities

• Monitoring and ensuring compliance with applicable laws including SEBI Regulations, Circulars, guidelines, Company Law, Information Technology laws, Data Privacy Laws, Business laws, Labour laws, etc.

• co-ordinating with the various departments and helping them in all compliance matters

• Remain updated on various new laws, amendments of existing laws, circulars, notifications, etc. and report to the management

• Drafting, and reviewing various policies and standard operating procedures of the organisation.

• Legal research on various laws, framing views and opinions and providing legal advice to other departments.

• Assistance in handling investor complaints, litigations and other disputes.

• Assistance in handling internal audits, external audits, and regulatory inspections.

Job Description

• Processing of orders from multiple regulatory bodies such as SEBI, SAT, ED, Police, Courts, and State Tax authorities.

• Handling inquiries and requests from SEBI, Stock Exchanges, and other regulatory bodies.

• Providing insights for automating various surveillance tasks by analyzing business requirements.

• Engaging with SEBI and Stock Exchanges for periodic s and reporting activities.

• Contributing to process development and smooth transition of surveillance activities.

• Preparing Management Information System (MIS) reports and escalating issues related to surveillance activities.

• Analyzing outcomes and reporting findings to supervisors.

• Collaborating with departmental and management teams to understand their requirements.

• Developing new data collection methods to enhance preventive measures and analysis procedures.

• Managing Anti-Money Laundering (AML), Know Your Customer (KYC), and Permanent Account Number (PAN) compliance for Depository Participants (DPs).

Job Description

• Processing of orders from multiple regulatory bodies such as SEBI, SAT, ED, Police, Courts, and State Tax authorities.

• Handling inquiries and requests from SEBI, Stock Exchanges, and other regulatory bodies.

• Providing insights for automating various surveillance tasks by analysing business requirements.

• Engaging with SEBI and Stock Exchanges for periodic s and reporting activities.

• Contributing to process development and smooth transition of surveillance activities.

• Preparing Management Information System (MIS) reports and escalating issues related to surveillance activities.

• Analysing outcomes and reporting findings to supervisors.

• Collaborating with departmental and management teams to understand their requirements.

• Developing new data collection methods to enhance preventive measures and analysis procedures.

• Managing Anti-Money Laundering (AML), Know Your Customer (KYC), and Permanent Account Number (PAN) compliance for Depository Participants (DPs).

Job Description

• (travelling will be part of Job role)

• To conduct inspection and ensure timely submission of reports and subsequent compliances from BPs.

• Identification of process improvements in the existing inspection process.

• To complete the end-to-end process of monitoring receipt and review of all periodical submissions from Business Partners as per Compliance Calendar.

• Co-ordinate and facilitate for BPs, HO and IT team to develop and/or enhance system controls, procedures and trainings.

• Pro-active action to ensure correct and timely compliance of all required submissions by respective BPs.

Job Description

• Managing Issuer admission team who are handling requests of various securities issued in demat form.

• The detailed job description includes Verification of Application Form, KYC and other supporting documents received for Issuer Admission Admitting securities of companies in demat form in depositories Allocation of ISINs to Issuers Ability to handle the large volume of transactions and data Complying to various regulatory requirement MIS related to various securities admission.

• Reports related to regulatory compliance.

• Handling Issuers , securities admission related queries Record keeping of various documents.

• Handling Audit queries related to work.

• Communicating with key stakeholders Participant Registration Manage DP registration, closure and associated activities

Objective of the Role

The prospective candidate has deep knowledge of the Legal Framework. The Legal department is a specialised department working jointly with the rest of the departments and also interacts with regulators in order to achieve the company's objectives and ensure that the company's activities are in conformity with all Indian laws and regulations and as per regulators guidelines. The role also requires handling the compliance function of the depository including handling regulatory reporting, inspections, and liaising with SEBI and other regulators The role will also oversee secretarial function which is headed by a Company secretary.

Legal and Compliance Insight

The candidate should be able to analyse and identify the legal risks and implications of all of the business’s transactions, keeping the senior management informed of developments in laws and regulations that potentially affect the business. Legal vertical is responsible for all the legal functions in the Company including strategic advisory, structuring, Corporate commercial, contracts and Negotiation, litigation's and regulatory and compliance, as well as implementing initiatives and processes in order to set standards and reinforce a culture of integrity, quality, ethical behavior and responsibility across the business.

Detailed Job Description Legal and Compliance:

Primary Responsibilities :

• To provide legal support to Business and Operational heads at NSDL, such as drafting of documents/ agreements, bye laws, business rules and work with external legal advisors.

• To provide sound balanced legal advice to depository.

• To provide guidance and legal support on product developments.

• To Review and assist in negotiation and approval of contracts.

• Actively involve in managing litigation and potential litigation and ensure that NSDL interest is protected.

• To work with functional compliance teams and to drive compliance.

• To liaise with SEBI Inspection team and control/ manage severity of SEBI Inspection observations on case-to-case basis.

• To ensure implementation of SEBI advised surveillances measures through interface with Stock exchanges and other depository.

Overall responsibilities :

• Responsible for drafting, reviewing and finalisation of all types of legal documents for accuracy and compliance with all the applicable laws, regulations, internal policies & organisation objectives.

• Represents the Company in Corporate level litigations so as to protect the legal interests of the organization

• Acts as SPOC for legal due diligence concerning the organisation.

• Ensures effective implementation of corporate governance practices to achieve corporate excellence.

• Provides event based specific information and/or reports to regulators as and when required in acceptance with management.

• Liaisons with SEBI, other regulators, internal compliances to resolve issues pertaining to Legal and overall company compliances.

• verseeing Secretarial and Board presentation and related matters.

• Creates a time based annual schedule of all compliance requirements to be adhered to and ensures timely and accurate adherence to regulatory compliance requirements.

• Keeping abreast of constant changes in regulations and dealing with all legal matters

• Avoids legal challenges by understanding current and proposed legislation; enforcing regulations; recommending new procedures.

• Ability to analyse legal implications of various issues and advising various internal stakeholders and management on it.

• Attending Court cases and assisting the counsel in drafting of Written Submissions & Petitions.

• Prepare monthly and quarterly reports for the legal department for management meetings.

• Responsible for litigation, legal notices, keep records of all licenses & compliances and all litigation matters.

• Responsible for arbitration and related matters

• Knowledge in legal aspects relating to various Labour Laws, Shops and Establishment Legislations, Contract Labour (Regulation and Abolition) Act etc.

• Having handled an IPO would be an added advantage.

Key Competencies/Skills:

• Intellectual rigour and analytical skills

• Pragmatic attitude to the handling of risk

• Excellent communication (written and oral) and presentation skills

• An ability to delegate effectively

• Strong organisational skills

Job Description

• Ensuring compliance requirements with regulatory requirements as specified in SEBI regulations and circulars.

• Interaction with issuers / RTAs with respect to queries pertaining to onboarding for issuer services, compliance requirements and handling operational queries.

• Interaction with Internal and concurrent auditors for conduct of audit, handling of audit queries, audit observations and audit responses.

• Engaging with SEBI and other MIIs with respect to compliance requirements as specified in SEBI regulations and guidelines.

• Engaging in functional testing of new products and changes requests.

• This position requires person to have experience in capital markets and have handled operations, management, and problem-solving ability.

Job Description

• The candidate will be required to travel regularly and liaison on a daily basis with the locally based RTAs, and such RTAs based out of Delhi & North India (for which telephonic follow up would be solicited, with meetings at frequencies meeting the business requirements of the organization).

• This would be in addition to interacting with the client companies of such RTAs for ensuring smooth and seamless on boarding with NSDL in the unlisted segment.

• The candidate should also be able to make effective presentations for close user groups as well as larger audience for period training cum presentation sessions conducted by NSDL jointly with RTAs for business enhancements.

• The candidate must possess excellent written and oral skills, would need to be regularly do telephonic follow ups with Issuers/RTAs for zone North India.

• Candidate should be able to join NSDL at the earliest possible timeline to cater to the organizations business needs.

Job Description

• Settlement of various segments equity, Mutual Fund Debt and tender offer.

• Inter-depository transfers between Depositories.

• Supporting activities of settlement like Margin pledge, Stamp duty.

• Activities related to e-services of NSDL which includes SPEEDe, IDeAS etc.

• Admission of Clearing Members, Brokers, Mutual Fund and PMS in NSDL system.