A Merchant / Investment Banking Company

In-charge Depository Participant

A Merchant / Investment Banking Company

In-charge Depository Participant

One of the leading merchant banker, a wholly owned subsidiary of a leading commercial bank, with growing portfolio of investment and ambitious and exciting business plan offering complete merchant banking and investment banking service seeks applications from highly motivated, dynamic, and result oriented Nepalese citizens having proven track record in capital markets and/or keen interest in merchant banking for the following position:

In-charge Depository Participant

Views: 851 | This job is expired 3 weeks, 4 days ago

Basic Job Information

Job Category : Banking / Insurance /Financial Services
Job Level : Mid Level
No. of Vacancy/s : [ 1 ]
Employment Type : Full Time
Job Location : Kathmandu, Nepal
Offered Salary : Negotiable
Apply Before(Deadline) : Jul. 14, 2022 23:55 (3 weeks, 4 days ago)

Job Specification

Education Level : Bachelor
Experience Required : More than or equals to 2 years
Age : Less than 40 years
Professional Skill Required : Communication Administration Financial Management
Other Specification
  • Requirement/Experience – Thorough knowledge and experience of the overall Depository Participant Service, CDSC and Clearing Bylaws, and DP operations and Management. Must have good communication skills and good knowledge of merchant banking services.
  • Reports to – In-charge Merchant Banking

Job Description

  • Managing the Depository Participant (DP) department and ensure the department works are smooth and proper.
  • Ensure record keeping and documentation of all DP related Activities are proper and adequate.
  • Review and finalization of daily / monthly DP bank reconciliation, income reconciliation, income booking and reporting.
  • Supervise the team members, their activities and ensure utmost level of customer service.
  • Ensure compliance related to DP department are met and report it to Compliance Officer.
  • Coordinating with CDS and Clearing to ensure any issues and challenges are resolved.
  • Coordinating with software provider and IT team to ensure the software downtime are reduced.
  • Coordinating with the bank's branches and support the branches on DP related issues.
  • Suggest new areas, avenues and innovative ideas to improve the departmental performance. 
  • Identify areas to grow DEMAT accounts and business related to it.

This job has expired.

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