Nigerian Stock Exchange (NSE) recruitment, 17th December 2016 (updated).


The Nigerian Stock Exchange services the largest economy in Africa, and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.
It is an open, professional and vibrant exchange, connecting Nigeria, Africa and the world.

Nigerian Stock Exchange (NSE) is recruiting to fill the vacant job positions of:


 

Job Title: Product Support Analyst
Location:
Lagos
Division: Capital Market Division
Department: Secondary Market Department
Report to: Head - Secondary Markets
Department Grade: Product Support Analyst
Estimated Date of Resumption: Friday, March 31, 2017
Job Summary

  • The Nigerian Stock Exchange, a leading Exchange in Africa that currently offers listing and trading in Equities, ETPs and Bonds, is searching for a Product Support Analyst.
  • The Product Support Analyst will assist in all functions pertaining to the Product Management Department, with the overall goal of ensuring that all product lines get the necessary support, in line with the overall goals of the department.
  • The Product Support Analyst will; not be restricted to any product -line or unit of the department, but his/her responsibilities will cut across the product -lines.
  • The candidate will ensure the success of the products by working with all stakeholders (both internal and external).
Key Responsibilities
  • Research & provide statistical reports on product (equities, fixed income, ETPs, derivatives/risk products) take-off/performance to be used for strategic planning sessions, presentations and Management briefings.
  • Research & provide reports on capital market products, and or data to be used for strategic planning sessions, presentations, marketing plan & Management briefings
  • Research & provide reports of industry best practice to be used by NSE/ad-hoc research proposals
  • Monitor and report on weekly performance of NSE-traded products
  • Liaise with other units and departments as and when necessary. Ensure efficiency of the department (administratively)
  • Perform other tasks as assigned by the Head of Department
  • Understand drivers of order flow to the Exchange
  • Coordinate and partner with the other Product Management team members in conjunction with other stakeholders, to identify and address key issues that must be resolved before a successful product launch occurs. Serve as gatekeeper, ambassador and product line expert to internal/external parties
  • Analyse new product ideas in conjunction with institutional/wholesale distribution and marketing firms to determine success potentials and uniqueness within the industry
  • Monitor/interpret product pricing trends and recommend appropriate strategies
  • Understand product profitability goals and provide inputs to appropriate financial areas
  • Assist in driving the development process once a new product has been approved by all functional areas
  • Provide insight and assist marketing on an on -going and proactive basis with respect to product positioning and communication strategies
  • Continuously monitor industry trends and competitive environment; recommend initiatives to strengthen market position
  • Assist in the preparation of presentations for EXCO and all key stakeholders
Functional Competencies:
  • Analytical Thinking
  • Strategic Research
  • Risk Management
Behavioral Competencies:
  • Attention to Detail
  • Problem Solving
  • Leadership
Qualifications and Experience
  • A first degree in Quantitative or Business related areas
  • 5 years of experience in financial services industry or in an investment product management/marketing role, distribution -related role




Job Title: Exchange Trade Funds (ETF) Product Manager
Location:
Lagos
Division: Capital Market Division
Department: Secondary Market Department
Role: Exchange Traded Funds (ETF) Product Manager
Report to: Head - Secondary Markets Department
Estimated Date of Resumption: Friday, March 31, 2017
Job Summary
  • The Nigerian Stock Exchange is seeking a dynamic and experienced individual who has a deep understanding of the competitive landscape in the relevant financial markets as ETF Product Manager.
  • The ETF Product Manager will lead and guide the review /creation of ETF frameworks for scope of work, proposals, and research and business cases. He/She will oversee all functions
  • pertaining to the ETF product line with the overall goal of ensuring that ETFs are appropriately priced, positioned, promoted, and supported in a way that will increase order flow as measured by number of transactions, trading volume and value in line with the overall goals of the product management department and will have responsibility for margins made on ETF Product line.
  • The Product Manager will also be responsible for the NSE Index business. He/She will focused on the development and calculation of indices and play a lead role in developing new indices and implementing custom index requests.
  • The Product Manager will become the “Product Advocate” by proactively disseminating related information while communicating the product message. He/She is expected to stay abreast of the competitive landscape and industry trends (utilizing internal and external data/information resources) to create a competitive platform that enables stakeholders realize their investment objectives.
  • The Product Manager will own and drive the ETF product line and ensure the success of these programmes by developing and maintaining relationships with ETF market participants and relevant external and internal stakeholders.
  • He/She will obtain and maintain knowledge of ETF client business. Set up and attend stakeholder visits and conduct stakeholder presentations.
  • The position is situated Nigeria with a global focus to cover both local and international buy and sell side participants.
Key Responsibilities
  • Liaise with fund experts to consistently develop and manage an array of offerings under ETF product line to meet the needs of the investing community and assimilate market feedback into new product development and positioning of existing ETFs
  • Define the Exchange’s growth strategy and execution plan for the ETF product line to drive product sales & profitability
  • Perform data analysis, such as trend and behaviour analysis related to the financial services industry and ETFs product development in general. Using the outcome of analysis and research, underpin recommendations for creating, developing, maintaining and enhancing NSE
  • ETFs Market product development
  • Responsible for the design and implementation of new ETF Product initiatives: Draft relevant documentation, perform analysis, research and carry-out appropriate planning with cross-market collaboration in mind, when relevant. Coordinate activities of ETF liquidity providers to appropriate their functions in promoting liquidity and market efficiency
  • Enhance the market micro-structure (in areas such as transaction fees, index licensing fees) to increase product profitability
  • Advocate transparency of ETFs listed on The Exchange by ensuring they observe documentation requirements in terms of structure, exposures and fair value at all times
  • Liaise with index providers covering the Nigerian market or NSE index committee to ensure the providers meet a strong market demand for new and innovative indices to support ETFs across the asset class
  • Maintain the MSCI relationship and work with MSCI by contributing meaningfully to the analysis, evaluation and NSE product vision of NSE/MSCI index offering
  • Work with clients to implement custom index requests and co-develop custom index solutions
  • Responsible for performance i.e. turnover & margins of ETF trading on The Exchange
  • Liaise with the Market Operations and Technology Division to ensure system compatibility with market structure enhancements in support of the ETF product line and other business partners as necessary
  • Create, review and amend ETF trading rules as necessary, to promote fair and orderly trading in ETF
  • Manage key relationships with other stakeholders, Broker-Dealers, Market Makers, Institutional Investors (PFAs, CPFAs, Insurance companies, managed funds, portfolio managers, etc.) and other trading participants locally and internationally
  • Develop and maintain a broad knowledge and awareness of trading industry developments, competitors, regulator rules that impact ETF trading
  • Proactively disseminate investment and product resources to other areas of the organization in order to educate and train Internal/External stakeholders on Product attributes and new initiatives
  • Coordinate and operate investor education in partnership with other stakeholders
  • Understand drivers of ETFs order how to the Exchange
  • Coordinate and partner with the other product development team members in conjunction with other stakeholders, to design and price products, identify and address key issues that must be resolved before a successful product launch occurs
  • Serve as gatekeeper, ambassador and product line expert to internal/external parties
  • Analyse new product ideas in conjunction with institutional/wholesale distribution and marketing firms to determine success potentials and uniqueness within the industry
  • Monitor/interpret product pricing trends and recommend appropriate strategies
  • Understand product profitability goals and provide inputs to appropriate financial areas
  • Assist in driving the development process once a new product has been approved by all functional areas
  • Provide insight and assist the Listing Sales and Retention team in marketing on an ongoing and proactive basis with respect to product positioning and communication strategies
  • Continuously monitor industry trends and the competitive environment; recommend initiatives to strengthen market position
  • Assist in the preparation of presentations for ExCo and other key stakeholders
Functional Competencies:
  • Analytical Thinking
  • Strategic Research
  • Risk Management
  • Market Analysis
  • Capital Market Knowledge
  • Knowledge of Trading Platforms
Behavioral Competencies:
  • Attention to Detail
  • Problem Solving
  • Leadership
  • Time Management
Qualifications and Experience
  • A first degree in Quantitative or Business related areas
  • A post graduate degree (M Sc or MBA) or professional certification and licenses (e.g. CIS, CFA, will be an added advantage
  • Minimum 10 years of experience in financial services industry or in an investment product management/marketing role, distribution-related role.



Job Title: Application Developer - Microsoft Solutions
Location:
Lagos
Division: Market Operations & Technology Division
Department: Technology Services Department
Grade: Deputy Manager - Manager
Estimated Date of Resumption: Monday, January 9, 2017
Job Summary

  • The Nigerian Stock Exchange services the largest economy in Africa, and is championing the development of Africa’s financial markets.
  • The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.
  • The Nigerian Stock Exchange continues to evolve to meet the needs of its valued customers, and to achieve the highest level of competitiveness. It is an open, professional and vibrant exchange, connecting Nigeria, Africa and the world.
  • The Microsoft Solution Developer is a technology focused role intended to provide development and management of NSE SharePoint, Microsoft Dynamics CRM and AX installations firm wide.
  • The role sits within the Market Operations & Technology (MOT) division and under the Application Development unit specifically. In addition to excellent development, analysis and documentation skills - the role requires a service oriented mentality, high sense of ownership of the problems and requests assigned, focus on managing and resolving issues in alignment with the SLAs, establishing and maintaining communication with technology customers to keep them updated with status of their requests, initiating and performing changes on production systems and proactively escalating any issues that cannot be resolved within the established timeframes.
  • The successful candidate will have advanced to expert level experience with SharePoint 2010 & 2013, Microsoft Dynamics CRM 2013 and Microsoft Dynamics AX 2012.
Key Responsibilities
  • The responsibilities and expectations of the SharePoint developer are as follows:
  • Actively use structured development methodologies and with Agile development technologies (preferably scrum) for projects, based on various technical, organizational, project and team considerations
  • Develop required software using structured quality control processes
  • Develop and Extend the Microsoft Solutions Deployed in the Exchange
  • Maintain up-to-date technical documentation on deployments and processes and standard operating procedures
  • Report on operational status at both a tactical and strategic level
  • Participate in the design and delivery of complex systems and network solutions (SharePoint, CRM, AX or otherwise)
  • Participate in the design and implementation of system-level and service-level monitoring solutions
  • Act as a SharePoint subject matter expert and liaison between different teams to help understand cross-functional requirements and contribute to discussions and planning as required to make those goals into reality
  • Observe all information security policies, standards and procedures in the discharge of your duties
  • Advanced understanding of MS SharePoint 2010 & 2013, MS Dynamics CRM 2013 and MS Dynamics AX 2012 Architecture
  • Understanding of logical information architecture and SharePoint concepts of web application and sites collection
  • Understanding of logical information architecture of Dynamics AX and CRM Entities and how to extend the system to achieve business objective
  • Excellent knowledge of programming / systems analysis, as well as quality assurance, prototyping, construction, integration, and migration functions
  • Demonstrable experience in supporting and troubleshooting a SharePoint technical environment, Dynamics AX and CRM Environment
  • Architect and design Microsoft Solution implementations using best practices
  • Implementation and customization of Microsoft-based solutions
  • Implementation of SharePoint-based workflows and document management. Use Microsoft .NET development to extend and augment the SharePoint, Dynamics AX and CRM platforms
  • Unit and functional testing for all assigned deliverables
  • Development of custom web parts on SharePoint
Functional Competencies:
  • System Analysis and Design
  • Analytical Thinking
  • Software Engineering and Development
  • Concept Development and Execution Management
  • Database Administration
Behavioural Competencies:
  • Attention to Detail
Qualifications and Experience
  • Minimum of 5 years progressive work experience as a developer/web developer (preferably at an exchange or within the financial services sector)
  • BSc degree in Computer Science, Engineering discipline, Mathematics or Physics




Job Title: Application Developer
Location:
Nigeria
Division: Market Operations & Technology
Department: Technology Services Department
Grade: Assistant Manager - Deputy Manager
Estimated Date of Resumption: Monday, January 31, 2017
Job Summary
  • The Application Developer role is a technology focused role intended to provide software development and analysis services to the NSE.
  • The role sits within the Market Operations & Technology (MOT) division and under the Technology Services Department specifically.
  • The role would suit someone with proven experience building production, commercial-quality web based applications (in C# 3.0 and above) that also has proven in depth SQL-Server development experience.
  • Applicants must be comfortable with advanced SQL syntax, SQL Server Business Intelligence development and SQL Server (additional experience with Oracle is highly desirable).
  • The job holder needs to be flexible and open to new ideas or change with the passion and drive to excel in their career.
  • The job holder must be self-directed, organized, and extremely attentive to details.
  • The job holder must recognize the value of agile, iterative development processes, SDLC and have strong COD and OOA skills.
Key Responsibilities
  • The Application Developer will be expected to have aptitudes, skills, knowledge and experience on the following areas:
  • Demonstrable analytical skills with regard to specifying and detailing business processes and requirements
  • Delivery experience with .NET framework, including C#, ADO.NET, LINQ and ASP.NET
  • Extensive experience with SQL Server (2008/2012)
  • Experience with SQL data business intelligence (OLAP, etc.) preferred
  • Advanced knowledge and experience in HTML and DHTML, JavaScript, CSS
  • Practical experience in Agile development methodologies
  • Ability to work both in a collaborative team environment and independently
  • Proficient verbal and written communication skills
  • Experience with implementation and testing of DB backups, restores and recovery models
  • Database server deployment design, processes, and day-to-day operations, including monitoring and Performance Tuning and Optimization (PTO) using native monitoring and troubleshooting tools
  • Formulation, management and execution of data test strategies, plans and delivery commitments in concert with business and project management efforts
  • Mobile and web service development experience
  • Experience with ticketing systems (e.g.; JIRA, Bugzilla) and managed workflows
  • Experience with SharePoint 2010 and above preferred
  • Strong familiarity with source control systems (e.g. Team Foundation Server)
Functional Competencies:
  • System Analysis and Design
  • Analytical Thinking
  • Software Engineering and Development
  • Concept Development and Execution Management
  • Database Administration
Behavioural Competencies:
  • Attention to details
Qualifications and Experience
  • Bachelor’s Degree (B.S./B.A.), Computer Science or similar
  • 3+ years of application and web application development experience (using the .Net Framework 3.0 and above).
  • Other fields of study are acceptable when combined with strong background or work experience within the financial sector


 
Job Title: Pre Offer Analyst
Location: Lagos
Division: Legal and Regulation DMsion
Department: Listing Regulation Department
Report to: Head, listing Regulation Department
Grade: Assistant Manager - Manager
Estimated Date of Resumption: Wednesday, February 1, 2017.
Job Description
  • The Exchange needs an industry professional with a strong personality, good people management skills and the ability to work as a team player to support the Division.
  • The individual will be required to have a thorough understanding of Exchange’s policies, overall mission and strategy,
  • As well as a strong finance/legal background experience preferably with experience from a listed company.
  • We are seeking an exceptional individual to work in close partnership with the Head, Listings Regulations Department.
Key Responsibilities
  • Responsibilities include Understand and interpret Capital Market Rules, Codes and Regulations
  • Propose regulatory programs
  • Research required information
  • Carry out comprehensive pre-listing analysis of applications received
  • Review Financial Statements with a view to enabling informed investment decisions
  • Review and analyze Listings Application documents to ensure adequate disclosure of information
  • Adherence to Listing Requirements
  • Identify lapses in applications and liaise expeditiously with professional parties
  • Convey approval of Quotations Committee to Stockbroker(s) to Issue
  • Attend and monitor the proceedings of Completion Board Meetings
  • Post approval interface with Issuers to ensure listing process is initiated within three months of approval of application
  • Review and grant approval to Issuers submissions via portai
  • Provide learning support to users of X-Issuer/proposed Electronic Filing
  • Support holding of half yearly review of Primary Market Rules and identify gaps
  • Provide support services to other Units/Departments on enterprise goals
  • Carry out any other assignments as may be required from time to time
  • Collaborate with other regulatory agencies to ensure strong regulatory environment
  • Manage relationships within The Exchange
  • Generate weekly reports
  • Participate in relevant regulatory projects
  • Attend meetings and represent the Head of Department at relevant fora
Qualifications and Experience
  • University degree in Finance, Economics, Accounting, Banking and Finance, Law or related fields
  • Ability to work on own initiative
  • Must be able to build strong partnership and relate with business and enterprise staff to a wide variety of audience
  • MBA or professional qualifications in finance are an added advantage
  • Minimum of 5 to 6 years work experience in a financial sector Adequate knowledge of IFRS, securities legislations and corporate governance principles and codes and tax laws
  • Proven ability to accurately analyze financial ratios
  • Ability to work on own initiative
  • Must be able to build strong partnership and relate with staff on an enterprise basis
Functional Competencies:
  • Capital Mkt Knowledge
  • Analytical Thinking
  • Business Analysis
Behavioural Competencies:
  • Time Management



Job Title: Head, Listing Regulation
Location:
Lagos
Division: Legal and Regulation Division
Department: Listing Regulation Department
Report to: Head, Listing Regulation Department
Grade: Principal Manager - Assistant General Manager
Estimated Date Of Resumption: Tuesday, January 3, 2017
Job Summary

  • The Nigerian Stock Exchange (“The Exchange”) services the largest economy in Africa, and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more.
  • The Exchange continues to evolve to meet the needs of its valued customers, and to achieve the highest level of competitiveness. It is an open, professional and vibrant Exchange, connecting Nigeria, Africa and the world.
  • The Exchange needs an industry professional with a strong personality, good people management skills and the ability to work as a team player to support the Department and Division.
  • The individual will be required to have a thorough understanding of The Exchange’s policies, overall mission and strategy, as well as a strong finance/legal background experience preferably with experience from a listed company.
  • The Head of Department will have the overall responsibility for the administration and execution of the activities of the Listings Regulation Department by ensuring that listing applications meet The Exchange’s listing requirements, ensuring compliance of listed companies with The Exchange’s listing regulations and enforcing the listings rules in a manner that is fair efficient and transparent.
  • The role will work in close partnership with, and report to the Head of Legal and Regulation Division at the Corporate Headquarters.
Key Responsibilities
  • Understand the departmental processes and risks associated with them and drive improvements; Provide strategic guidance and supervise all aspects of the work of the Department;
  • Develop key performance indicators and drive the implementation of the plans and strategies for the Department;
  • Provide assurance on the integrity of the end-to-end appraisal process for applications for listings of securities and other applications such as block divestments and placements on The Exchange; Understand and keep abreast of every aspect of the securities issuance process for the primary and secondary markets;
  • Supervise the review and analysis of applications and ensure that there is full compliance with all applicable laws, rules and regulations, during the process; Make reasoned recommendations on applications reviewed and analyzed, to Management, the National Council and Committee(s) of the National Council as appropriate;
  • Support Management and Council’s decision making in connection with all applications that come before The Exchange; Collaborate with other regulatory agencies to ensure strong regulatory environment; Understand and interpret Capital Market Rules, Codes and Regulations
  • Track applicable new laws and policies and advise applicants and The Exchange’s Management appropriately; Understand and continue to improve the listing rules of The Exchange; Propose and formulate rules and regulations and propose regulatory programs; Update and review rules periodically to ensure they align with IOSCO principles and objectives of securities regulation;
  • Update and review rules periodically to ensure they align with Corporate Governance best practices; Monitor and supervise the compliance performance of Issuers to ensure adherence with The Listing Requirements of The Exchange and provide Quarterly Performance Reports;
  • Ensure that sanctions are applied in an impartial, consistent and transparent manner; Collaborate with CBi and other stakeholders to conduct and administer the Corporate Governance Rating System for companies listed on The Exchange;
  • Organize periodic training programs for Issuers; and Manage relationships within The Exchange
Functional Competencies:
  • Capital Mkt Knowledge
  • Analytical Thinking
  • Business Acumen
  • Negotiation
  • Numeric Skills
  • Research and Analysis
Behavioural Competencies:
  • Attention to Detail
  • Emotional Intelligence
  • Innovation
  • Planning and Organizing
  • Problem Solving
Qualifications and Experience
  • Minimum of B.Sc in Accounting, Finance, Economics, Statistics, Law or related fields
  • MBA or Professional qualifications in Finance, i.e., ACA, ACCA, CPA, CFA etc.
  • Minimum of 10 to 13 years work experience in the financial services sector


How to Apply
Interested and qualified candidates should:
Click here to apply 


Application Deadline  30th December, 2016.