Trader at Meristem Securities Limited

Meristem Securities Limited is a leading capital market conglomerate that offers Wealth Management services, Stockbroking services, Registrar services, Trustee services and Investment Banking services to our clients.

We are recruiting to fill the position below:

Job Title: Trader

Location: Lagos
Job Type: Full Time
Specializations: Banking / Finance / Insurance, Business Development / Analysis

 Job Summary

• To design workflow within the department and ensure each job unit provide minimum challenge and adequate motivational ingredients.
• To monitor daily workflow from account opening to delivery of stock position/payment.

Job Description

• Buying and selling securities on behalf of clients and the company.
• Evaluating trading algorithms.
• Implementing effective trading strategies.
• Working with quantitative researchers to improve trading strategies.
• Regularly monitoring portfolios to ensure that they are guideline compliant.
• Create and maintain policies, business procedures, and practices to help ensure compliance with applicable laws and regulations.
• Keeping abreast with changes in the economy and the financial market.
• Assisting the company to attract new clients by maintaining and enhancing marketing materials.
• Work in a fast-paced technology-based trading environment with daily interaction across multiple business units.
• Ownership of the daily/intraday trade, position, and reconciliation.
• Build and maintain strong relationships with the exchanges, regulators, clearing firms and counterparties.
• Perform ad hoc project work as needed.
• Any other assignment as may be assigned by your supervisor.

Job Experience

• Bachelor's Degree in Finance, Accounting, Economics, or related field
• Minimum professional qualification is ACS and an Authorized Dealing Clerk of the Nigerian Exchange Limited.

Competence Requirements:

• Proven trading experience.
• Attention to details
• Must have hands-on trading experience.
• Strong entrepreneurial spirit and business acumen.
• A solid understanding of financial markets.
• Demonstrate strong analytical, quantitative, and technological skills.
• Ability to work in a high-pressure/fast-paced work environment.
• Excellent presentation and decision-making skills.
• Multitasking ability and proper task priority management
• Ability to work independently and with a team
• Excellent verbal and written Communication
• Proven trustworthiness and performance under the highest ethical standards.

Skills / Knowledge:

• Ability to use EFA Horizon trading software of the Nigerian Stock Exchange.
• Good understanding of the working of Nigerian Macro-Economic indices
• Good understanding of the equity/capital market dynamics.
• A sound knowledge of the Rules and Regulations of The Nigerian Stock Exchange and SEC
• Strong numerical skill and ability to interpret basic accounting indices.
• Ability to multi task and work for long hours.
• Strong inter-personal relationship and good communication skill.

Attributes:

• Ability to lead by example.
• Must possess good listening skills
• Good communication skill.
• Ready to learn and innovative
• Must be transparent and of honest disposition.
• Must always place client's interest above personal interest.
• Must act in the best interest of the firm in tandem with the market rules.

Application Closing Date
15th August, 2022.

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