Alan & Grant - Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.
We are recruiting to fill the position below:
Job Title: Proprietary Trader
Location: Lagos
Job type: Full time
Industry: Financial Services
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
Key Performance Metrics
- Trade volume/value and or nos. of deals executed relative to the market.
- Reduction/elimination of trade error.
- Trading without falling victim of regulatory penalties.
- Compliance of job turnaround time with set standards.
- Number of certificates dematerialized per month/income.
- Elimination/existence of interruption to trading that is not Exchange induced.
- Number of new accounts opened.
- Income generated from transactions.
- Level of complaints/commendation from clients.
- Number of transferred accounts from Meristem
Requirements
- Bachelor's Degree in Finance, Accounting, Economics or a related field.
- Minimum professional qualification is ACS and an Authorized Dealing Clerk of the Nigerian Exchange Limited.
- Professional qualification CIS is compulsory; ACA, ACCA, MBA, CFA and CIIA will be an added advantage.
- Proven trading experience.
- Minimum of 4 years post-graduate experience with a minimum of 2 years as qualified authorized dealer of the Nigerian Stock Exchange.
- 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 multitask and work for long hours.
- Strong inter-personal relationship and good communication skill. Attributes
- 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.
- 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.
Work Tools Required:
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/521725/proprietary-trader-at-alan-grant.html