Job Responsibilities and Duties

• Assisting in the confirmation and affirmation of trade details with counterparties.
• Providing support in the settlement process, ensuring that all necessary documentation is complete and accurate.
• Assisting in reconciling trade and settlement data to identify and resolve discrepancies.
• Maintaining accurate records of trades, settlements, and related documentation.
• Supporting efforts to ensure compliance with relevant financial regulations and reporting requirements.
• Assisting with communication with counterparties, custodians, and other financial institutions to facilitate smooth settlement processes.
• Providing support to clients regarding settlement-related inquiries and issues.
• Performing accurate and timely data entry for trade and settlement information.
• Assisting in the use and maintenance of settlement systems and technology.
• Supporting cash flow management related to settlements.
• Assisting in investigating and resolving settlement discrepancies or issues.
• Helping to generate and provide reports on settlement activities and outstanding trades.
• Collaborating with other departments, such as risk management and compliance, to ensure seamless operations.

 Core Activities

• Ensuring the timely and accurate settlement of trades by coordinating the delivery of securities and funds between the parties involved in the transaction.
• Conducting regular reconciliations of trade and settlement data to identify any discrepancies or errors and taking corrective actions to ensure accurate and consistent records.
• Maintaining exhibits and reports, and documentation relating to trades and settlements.

Skills Required

• Strong analytical skills.
• Strong verbal and written communication skills.
• Sound knowledge on regulatory and legal provisions.
• Sound knowledge on regulatory and legal provisions.
• Strong integrity, innovation, and intuitive skills.
• Team Player, Result Oriented, and self-driven with a positive outlook.

Education and Preferred Experience Requirements 

• Bachelor’s degree in Management/Economics/Finance/Accounts/Related Subject.
• Work experience
• 1 years’ relevant experience in similar function preferred.

Salary and Benefits

The Annual Cost to Company (ACTC) for this position will range between NPR 355,000 and NPR 488,000. 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.

Source: Merojob

Job Detail Expired

Contact Detail