Senior Team Lead (EDP & Settlement)

Company: Anand Rathi IT Pvt. Ltd.

Department: Back Office Operations – EDP & Settlement

Designation: Senior Team Lead – EDP & Settlement

Industry: Stock Broking / Capital Market

Experience: 7–12 Years

Location: Jodhpur

Job Overview

We are looking for an experienced professional from the stock broking industry for a senior-level position in our EDP & Settlement department. The candidate will be responsible for managing NSE/BSE market operations, trade scrutiny, EDP billing, depository operations and settlement activities.

The ideal candidate should have strong operational knowledge, hands-on experience with NSDL/CDSL activities, and the ability to independently lead and manage a team.

Key Responsibilities

1. NSE & BSE Market Operations

- Monitor and manage daily NSE and BSE market-related activities.
- Handle daily market operations and ensure smooth execution of back-office processes.
- Perform trade scrutiny and verification of daily transactions.
- Identify and resolve trade-related discrepancies and operational issues.
- Ensure timely completion of all market-related activities.

2. EDP & Billing Operations

- Manage end-to-end EDP operations and billing activities.
- Handle daily client billing, brokerage calculations and other transaction-related charges.
- Verify billing accuracy and ensure timely processing.
- Monitor and resolve billing-related discrepancies.
- Ensure proper coordination between EDP, accounts and operations teams.

3. NSDL & CDSL / Depository Operations

- Handle day-to-day NSDL and CDSL operations.
- Monitor client securities-related transactions.




- Manage pledge and unpledge activities.
- Handle demat-related instructions and transaction processing.
- Ensure timely processing and reconciliation of depository transactions.
- Resolve discrepancies related to securities transfers and client holdings.

4. Settlement & Reconciliation

- Monitor daily settlement activities for NSE and BSE.
- Ensure timely pay-in and pay-out of funds and securities.
- Handle settlement-related reconciliation and exception reports.
- Monitor shortages and other settlement discrepancies.
- Coordinate with clearing corporations, depositories and internal departments.

5. Team Handling & Management

- Lead and supervise the EDP & Settlement team.
- Allocate daily responsibilities and monitor team performance.
- Guide and train team members on operational processes.
- Handle escalations and ensure timely resolution of issues.
- Ensure smooth workflow and timely completion of daily activities.
- Implement process improvements to increase operational efficiency.

Required Skills & Qualifications
- Graduate/Postgraduate in Commerce, Finance or a relevant field.
- 7–12 years of experience in the stock broking industry.
- Strong hands-on knowledge of NSE/BSE market operations.
- Practical experience in trade scrutiny and verification.
- Valuable knowledge of NSDL/CDSL operations.
- Expertise in pledge/unpledge processes.
- Experience in EDP billing and back-office operations.
- Good understanding of settlement and reconciliation processes.
- Must have prior experience in team handling and leadership.
- Strong analytical, coordination and problem-solving skills.

📌 Senior Team Lead (Jodhpur)
🏢 ANANDRATHI
📍 Jodhpur