In charge - Margin Lending Department

Himalayan Securities Limited, a wholly owned subsidiary of Himalayan Bank Limited and a Full-Service Brokerage Firm, is seeking applications from dynamic, and self-motivated individuals for the role of In Charge – Margin Lending Department

Level: Officer 
Reports to: Deputy Chief Executive Officer  
Work Location: Himalayan Securities Limited, Corporate Office 

Responsibilities and Duties 

• Ensure compliance with SEBON, NEPSE, CDSC, NRB, and internal company policies
• Develop and implement credit and margin lending policies
• Review and approve client applications for margin lending
• Verify client eligibility, KYC, CIB reports, and risk profiling
• Approve loan disbursement, renewal, enhancement, and settlement
• Monitor valuation of pledged securities and Loan-to-Value ratios
• Issue margin calls and oversee forced liquidation when required
• Track overdue accounts and manage recovery processes
•  Maintain reporting of exposure, outstanding loans, and top borrowers
• Prepare and submit reports to regulators, management, and auditors
• Supervise staff and coordinate with related departments
• Enhance automation and system improvements for margin monitoring
• Manage client relationships and promote margin lending services
• Recommend loan pricing, interest rates, and fee structures
• Cooperate with auditors and ensure strong internal controls
• Take immediate corrective action in case of irregularities or non-compliance

Core Activities 

• Manage and oversee all margin lending operations of the broker company
• Ensure regulatory compliance and proper risk management in lending activities
• Monitor collateral valuation, exposure limits, and client loan positions
•  Approve and process margin loan disbursements, renewals, and settlements
• Handle recovery processes, margin calls, and forced liquidation when required
• Prepare and present reports to management, regulators, and auditors
• Supervise team members and coordinate with other departments for smooth operations
•  Maintain client relationships and support business growth in margin lending

Salary and Benefits

The Annual Cost to Company (ACTC) for this position will be negotiable based on the profile and experience. The Benefits associated with the position are as below: 

• Allowances: General Allowance, Communication Allowance, Vehicle Allowance, Festive Allowance and Force Leave Allowance. 
• Insurance: Medical and Accidental Insurance, Life Insurance under Endowment Scheme and Critical Illness Coverage. 
• Others: Leaves, Retirement Benefits and Bonuses as per Labor Act.