Opportunity Information
1
Investment Bank/ Asset Management/ Mutual Fund/ Investment Fund
Mid Career
Regular/ Full Time
On Site
Karachi
The Role
NBP Funds is seeking an Equity Trader at its Head Office in Karachi to execute equity trades for its equity funds on the Pakistan Stock Exchange in line with fund managers' instructions, investment policies and regulations.
•Execute equity trades for the company's equity funds and portfolios on PSX accurately, promptly and at the best available prices •Plan execution strategy for large and illiquid orders to minimise market impact and transaction costs, including block trades and order slicing •Monitor intraday market movements, volumes, liquidity, foreign/ local flows and market news, and relay insights to the investment team •Coordinate with brokers on order placement, negotiated deals and trade confirmations, and evaluate broker execution quality •Ensure every trade complies with SECP's NBFC regulatory framework, PSX rules, fund constitutive documents, investment limits and internal policies •Maintain strict confidentiality of orders, positions and trading strategy •Coordinate with Operations, Risk and Compliance for settlement through NCCPL and CDC and resolve trade breaks or failed trades •Maintain trade records and prepare daily trading and execution reports for management
Applicants General Eligibility & Requirements
•Degree from an HEC-recognised university
3- 4 years
Education, Experience and Skills Requirements
- Bachelor's Degree (16 Years): Finance, Economics, Business Administration
3-4 years of relevant experience in equity trading or dealing at an asset management company, brokerage house, bank or similar financial institution
Equity Trading, Microsoft Excel, PSX Trading Terminals, Attention to Detail, Communication, Coordination
About the Employer
NBP Fund Management Limited (NBP Funds)