Assistant Vice President DP Operations
HSBC is seeking an AVP of DP Operations in Mumbai to manage end-to-end depository services for its wealth and personal banking division. The role involves overseeing demat account operations, ensuring regulatory compliance with SEBI, NSDL, and CDSL, and managing risk controls. Candidates must have 4-10 years of experience in custody or capital markets operations with strong hands-on knowledge of depository systems. The position requires a focus on operational efficiency, audit management, and process improvement.
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Experience
4-10 years
Function
Operations
Work mode
Onsite, India
Company
Tier 2
What you will work on
HSBC is seeking an AVP of DP Operations in Mumbai to manage end-to-end depository services for its wealth and personal banking division. The role involves overseeing demat account operations, ensuring regulatory compliance with SEBI, NSDL, and CDSL, and managing risk controls. Candidates must have 4-10 years of experience in custody or capital markets operations with strong hands-on knowledge of depository systems. The position requires a focus on operational efficiency, audit management, and process improvement.
TAL's take
Stable role at a major global bank with clear regulatory and operational responsibilities.
The JD provides a highly detailed list of daily operational tasks, regulatory requirements, and expected technical knowledge.
Salaries at HSBC
18.4 LPA average
Based on 669 Grapevine salary entries for HSBC.
Operations
0 - 2 years | GCB6
11 LPA average
Range: 4 - 18 LPA
Operations
2 - 4 years | GCB6
12 LPA average
Range: 5 - 24 LPA
Operations
4 - 6 years | L6
8 LPA average
Range: 4 - 14 LPA
Operations
6 - 8 years | L5
14 LPA average
Range: 8 - 21 LPA
Must haves
- 4-10 years experience in DP operations or custody operations
- Hands-on experience with NSDL and CDSL systems
- Deep understanding of SEBI regulatory guidelines
- Ability to manage settlement cycles and reconciliation
- Strong risk and control mindset
Tools and skills
Nice to have: digital onboarding, e-dis frameworks, process automation, banking systems.
About the company
Established global banking institution with significant Indian presence, classified as tier 2 for operational roles.
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