Team Lead, Investigations at the Nigerian Exchange Group (NGX Group)

Nigerian Exchange Group (NGX Group) is a leading financial market infrastructure provider in Africa, connecting Nigeria, Africa and the world.

We are recruiting to fill the position below:

Job Title: Team Lead, Investigations

Location: Lagos
Employment Type: Full-time

Job Summary

• We are looking for a confident, meticulous and result driven individual to lead the development and implementation of operational strategies for the Investigation Unit.
• He/She will be responsible for fostering and maintaining strategic relationships with Market participants for the purpose of informal enquiries related to investigations, complaints and adjudication process.
• The Team Lead, Investigations will report to Head, Market Regulation.

Responsibilities

• Collaborate with other business departments to manage NGX RegCo’s disciplinary process for Trading License Holders and other relevant stakeholders, in line with Disciplinary Framework and Rules;
• Establish, run and sustain approved disciplinary process of NGX Group Plc;
• Provide advise as required by NGX RegCo’s Board, Regulation and New Business Committee (RNBC) and any other relevant Board Committees for purpose(s) of disciplinary proceeding(s);
• Participate in recovery efforts against entities and persons indebted to all relevant stakeholders;
• Maintenance and management of databases for cautions placed by NGX RegCo, and complaints received from stakeholders;
• Oversee and coordinate the resolution of investor’s complaints in line with the SEC Complaint Management Framework of the Nigerian Capital Market and Standard Operating Procedure of NGX Group Plc;
• Develop appropriate dispute resolution policies, processes and strategies for resolving investors’ complaints against Trading License Holders;
• Ensure proper maintenance (classify, assign complaint number, cross-reference, log and store records) and verify accuracy of the complaint’s records of NGX Group;
• Prompt referrals of market abuse, fraud cases etc. to the Market Surveillance Unit in line with the internal referral process;
• Coordinate the Alternative Dispute Resolution process (All Parties Meeting).
• Provide recommendations for the amicable resolution of disputes and risks assessment of complaints;
• Individual shall be the Secretary of the Investigation Panel and review all cases referred to the panel;
• Draft & review all notice of meetings and minutes of the Investigation Panel sitting;
• Ensure clear and effective communication, of Investigation Panel decisions to disputing parties;
• Liaise with Compliance and Enforcement unit to enforce regulatory sanctions against defaulting Trading License Holders.

Person Specification & Required Qualification(s)

• HND / Bachelor's Degree in in Finance, Economics, Statistics, Law or any related field;
• Professional certification(s) such as ACCA, ACA, CFE CPA, CFA, CIS is an added advantage;
• Minimum of 7 years’ cognate experience in the financial services sector, investigation, and/ or commercial litigation. Forensic auditing experience is also an added advantage;
• Strong litigation background particularly in administrative review actions and regulatory oversight matters;
• In-depth understanding and practical knowledge of the NGX and SEC rules, Investments & Securities Act and Companies and Allied Matters Act (CAMA);
• Strong knowledge of investigative Methodologies, principles, and techniques;
• Excellent numerical, analytical, time management and multi-tasking capabilities.

Application Closing Date
Not Specified.