Himalayan Securities Limited, a wholly owned subsidiary of Himalayan Bank Limited, is a Full-Service Brokerage firm licensed by SEBON. The firm aims to become one of the leading full-service brokerage firms in the country, offering a comprehensive suite of services to cater to the diverse needs of investors. With a commitment to personalized guidance, in-depth research, comprehensive portfolio management, educational resources, and focus on exceptional customer service, Himalayan Securities Limited intends to become the trusted partner individuals and businesses can rely on to navigate the intricate world of investing and securities trading.

VACANCY NOTICE
Himalayan Securities Limited

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 various positions below:

1. Position : Officer- Investment Department
- Job Category : General Mgmt. / Administration / Operations
- Job Level : Mid Level
- No. of Vacancy/s : 1
- Employment Type : Full Time
- Job Location : Kathmandu
- Department: Investment Department
- Reports to: Chief of Business & Operations
- Work Location: Himalayan Securities Limited, Corporate Office

Job Responsibilities and Duties
1. Collect and analyze data on listed securities in Nepal, including stocks, bonds, mutual funds, and debentures.
2. Focus on specific industries, sectors, or financial instruments within Nepal’s stock market to develop expertise.
3. Evaluate financial statements of companies listed on the Nepal Stock Exchange (NEPSE) and analyze key performance indicators.
4. Scrutinize financial reports as and when published and stay abreast of their financial health.
5. Monitor trends in NEPSE, including market movements, price fluctuations, and volume changes.
6. Analyze macroeconomic factors such as monetary policies, government regulations, and economic indicators affecting the Nepalese capital market.
7. Prepare detailed research reports on securities and sectors for investment decision-making.
8. Preparation of Investment / Divestment proposal and present to Department Head/Chief of Business and Operations for approval.
9. Holistic analysis of listed companies and market covering fundamental & technical perspectives.
10. Take the lead on looking for attractive investment avenues and present it forth to the Department Head/ Chief of Business and Operations.
11. Ensure the daily investment status circulated by the Department Head is updated and accurate.
12. Collaborate with cross-functional teams to discuss market research and develop investment strategies.
13. Ensure compliance with Securities Board of Nepal (SEBON) guidelines and other relevant regulations.
14. Supervise/ assist other back-office functions whenever required.
15. Maintain strong relationships with clients, brokers, and all related stakeholders.

Core Activities
1. Ensure extensive research and valuation to identify profitable investment avenues.
2.  Boost sales and strengthen relationships with clients, brokers etc.

Job Specification
- Education Level : Graduate (Masters)
- Experience Required : More than or equal to 2 years

Education and Preferred Experience Requirements
1. Master’s in finance, Accounts, or Management, or Chartered Accountant accredited from ICAN, ICAI, ACCA.
2. Minimum 2 years of experience preferably in the Nepalese Capital Market.

Salary and Benefits
The Annual Cost to Company (ACTC) for this position will range between NPR 503,000 and NPR 1,005,000. 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:
1. Allowances: General Allowance, Festive Allowance and Force Leave Allowance.
2. Insurance: Medical and Accidental Insurance, Life Insurance under Endowment Scheme and Critical Illness Coverage.
3. Others: Leaves, Retirement Benefits and Bonuses as per the Labor Act.

2. Position: Junior Assistant Accounts & Reconciliation.
- Level: Entry- Level
- Department: Accounts & Reconciliation
- Reports to: In charge-Finance and Administration
- Work Location: Himalayan Securities Limited, Corporate Office

Job Responsibilities and Duties
1. Assisting in the confirmation and affirmation of trade details with counterparties.
2. Perform monthly bank reconciliations and other account reconciliations (e.g., vendor accounts, customer accounts, general ledger accounts).
3. Investigate and resolve discrepancies between financial records and bank statements.
4. Assist in reconciling transactions and ensuring they align with financial records.
5. Maintain accurate and up-to-date financial records.
6. Support in preparing reports for internal and external audits.
7. Ensure that records are kept in accordance with company policy and regulations.
8. Collaborating with other departments, such as risk management and compliance, to ensure seamless operations.

Core Activities
1. Regularly reconcile company bank statements with internal financial records to ensure accuracy.
2. Identify and resolve discrepancies in transactions, ensuring the accuracy of the bank ledger and cash balances.
3. Organize and maintain files for financial documents, ensuring all records are filed according to company policies and regulatory requirements.
4. Accurately enter financial transactions into accounting software, including invoices, receipts, payments, and journal entries.

Salary and Benefits
The Annual Cost to Company (ACTC) for this position will range between NPR 362,000 and NPR 495,000. 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, 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.

Apply Before(Deadline) :
The deadline for submission of  application is 5:00 PM, Thursday, 9th January 2025 (25th Poush, 2081).

HOW  TO APPLY
click [ HERE ] to view official vacancy for more details and application procedure.