Garima Capital Limited situated at Kathmandu-01, Kamalpokhari, is a leading Merchant Banker licensed by the Securities Board of Nepal (SEBON), is looking for career–driven, passionate and qualified individual for the following positions:

• Investment Management Department -PMS Operations Unit
• Functional Title: Senior Operations Associate
• Corporate Position: Up to Junior Officer
• Age: Not exceeding 40 years as of 13th February, 2025
• Salary and Benefits: As per the Company's Policy

Position Overview

We are seeking a highly experienced and dynamic individual to handle the Operations Unit of the Investment Management Department. The Senior Operations Associate shall play a critical role in the seamless execution of all activities pertaining to PMS Operations Unit within the company, including trading operations, settlement of transactions, risk management, and compliance with regulatory requirements. He/She shall play a pivotal role in ensuring the efficient functioning of PMS Operations Unit by supporting trade execution, client portfolio review, termination settlement, partial withdraw, monitoring post-trade activities, and providing operational risk mitigation. The role requires strong leadership capabilities with a deep understanding of investment operation.

Key Responsibilities

• Provide direct supervision on execution of EDIS/DIS of sold stocks on behalf of assigned PMS Clients;
• Make sure the follow up is done with broker(s) to ensure stock is credited timely in DEMAT Account of PMS Clients;
• Make sure the follow up with broker(s) for receipts on gross sales bill amount basis;
• Provide direct supervision to operations analyst in preparation of Memo for payment to broker and make payment to broker on gross purchase bill amount basis;
• Make sure the entries are posted in the SOFTWARE for purchase/ sales/ receipt/ payment of assigned PMS clients within the same transaction day;
• Make sure the entries are posted in the SOFTWARE within the same day for payables/receivables from/to clients against approved memo including advance settlement memo and other relevant documents etc;
• Carry out the periodic review of portfolio of PMS clients (such as at the time of yearly review);
• Make sure the entries of CASH DIVIDEND Realization are posted in the SOFTWARE within the same day of credit of cash dividend in respective bank account of concerned
• PMS Clients. For this follow the news/ announcement on regular basis;
• Make sure the entries of BONUS/RIGHT Shares Realization are posted in the SOFTWARE within the same day of credit of bonus/right stocks in DEMAT Account of concerned PMS Clients. For this follow the news/ announcement on regular basis;
• Make sure IPO is applied on behalf of assigned PMS clients;
• Make sure reconciliation of Bank, Broker and stock balance pertaining to assigned PMS clients between SOFTWARE and Bank Account, Broker Account and DEMAT Account is timely carried out;
• Ensure the team adheres to internal policies, regulatory standards, and best practices for investment operations;
•  Any other work assigned by senior officials.