Vacancy Announcement: In charge-Trading and Transactions

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 Incharge, Trading and Transactions.

Designation 
Level: Mid-Level 
Department: Investment and Trading
Reports to: Chief Business and Operation 
Work Location :Himalayan Securities Limited, Corporate Office

Job Responsibilities and Duties

• Execute buy and sell orders on behalf of clients, ensuring timely and accurate transactions.
• Assess and manage trading risks, implement control measures, and ensure compliance with policies and regulations.
• Stay informed about market trends, economic indicators, and news to provide insights for decision-making.
• Communicate with clients, address inquiries, and execute trades based on client instructions.
• Ensure all trading activities comply with financial regulations and industry standards.
• Maintain accurate records of transactions, trade confirmations, and settlement instructions.
• Oversee trading platforms, stay updated on technological advancements, and recommend improvements.
• Monitor and manage liquidity of traded instruments, implementing strategies for optimization.
• Work closely with risk management, compliance, and operations for seamless coordination.
• Analyze trade and transaction performance, identify areas for improvement, and evaluate trading strategies.
• Provide guidance to junior traders, stay informed about industry best practices, and share knowledge with the team.

 Core Activities

• Proper management of trading and transaction desk of the unit.
• Execute buy and sell orders on behalf of clients, ensuring timely and accurate transactions in financial markets.
• Assess and manage trading risks, implement control measures, and ensure compliance with policies and regulations to safeguard the financial health of the firm.

 Education and Preferred Experience Requirements

• Strong fundamental and technical analysis skills.
• Strong understanding of capital market dynamics.
• General understanding of programming languages and computer systems.
• Strong leadership and management skills.
• Strong verbal and written communication skills.
• Sound regulatory and legal knowledge.
• Strong integrity, innovation, and intuitive skills.
• Team Player, Result Oriented, and self-driven with a positive outlook.
• Bachelor’s degree in Management/Finance/Business/Accounts/Related Subject. Professional degrees such as CA/CFA/ACCA/CMA would be an added advantage
• Preferred Experience
• At least 3 years’ relevant experience in a similar function.

Salary and Benefits 

The Annual Cost to Company (ACTC) for this position will range between NPR 610,000 and NPR 1,209,000. A successful candidate’s pay may fall within this range, actual pay will be based on the candidates’ qualifications, specific skills, and experience. The Benefits associated with the position are as below:

• Allowances: General Allowance, Communication Allowance, Fuel 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.