Job Description
Job Summary:
The purpose of the job is to lead the operation of portfolio management service (PMS) Unit, that requires timely recognition and reconciliation of transactions, periodic income bookings and reporting. It includes full range of accounting and operational assignments and use of judgment in making decisions where alternatives are determined by establishing policies and procedures. The individual will interact with various internal and external groups to facilitate implementation of investment strategies, settlement of trades, support performance calculations, produce standard and ad-hoc reports and respond to client and cross-unit needs.
Roles and Responsibilities
- Perform and manage accounting activities for Portfolio Management Services (PMS) of Nabil Invest on real time basis and ensure EOD function in the software is performed on daily basis.
- Maintain Nabil Invest portfolio accounting system by tracking trading activity, post cash transaction, and process client initiated subscriptions and redemption.
- Ensure timely payment to brokers and clients.
- Ensure timely collection of dividends and bonus share certificates, and right shares for the eligible clients’ are applied within the deadline.
- Reconcile or ensure reconciliation of clients’ portfolio and bank accounts on a regular basis, and work closely with custodians, cross-unit team members, and stockbrokers.
- Strictly comply with all relevant laws, rules and regulations (internal and external) governing Nabil Invest.
- File records and reports in a safe, proper and scientific manner in order to have easy retrieval as required.
- Co-ordinate with internal, external and other auditors and to furnish required information and documents along with explanations on a need basis.
- Study and review existing methods, procedures and manuals and suggest for the revision so as to improve the processes and systems and adopt best practices.
- Perform all operational duties and responsibilities assigned in Standard Instruction Manual (SIM) of Nabil Invest.
- Any other ad-hoc duties prescribed by unit head and management from time to time.
Job Specification
Minimum Qualification Requirement:
- Bachelor’s Degree in Management or equivalent degree with at least first division marks or CGPA 3 out of 4. Semi qualified CA with Bachelor’s degree is highly preferred for the role.
- Age not exceeding 35 years.
- At least 2 years of professional experience in Nepalese capital market or relevant sector and should also be well versed with investment banking activities.
Candidates should have:
- Proficiency in written and spoken English and Nepali.
- Sound skills in MS applications such as Word, Excel and PowerPoint.
- Good interpersonal and communication skills.
No. of Vacancy : 1
Apply Instructions
To apply: Click here and for further details, please visit https://www.nabilinvest.com.np/career/
The deadline to apply is 22nd December, 2020, Tuesday.
NABIL INVESTMENT BANKING LTD.
Ph:.4411604/4411733 l Fax:.4410554
URL: www.nabilinvest.com.np
This Job is expired. The Company is no longer accepting applications for this position.
