Transaction Manager at Nigerian Stock Exchange

Division: Listings Business Division
Department: Branch Network Department
Report to: Head, Branch Network
Grade: Officer - Assistant Manager
Estimated Date Of Resumption: Saturday, September 1, 2018

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. It is an open, professional and vibrant exchange, connecting Nigeria, Africa and the world.
• The Transactions Manager has the responsibility of proactively prospecting and managing the core business of The Exchange i.e. securities trading especially large ticket transactions.
• The incumbent will work with other Departments within The Exchange to ensure a reliable order flow.
• The Transactions Manager role is a branch office role and will report to the Branch Manager.

Key Responsibilities

• Collaborate with Secondary Market Department to drive the initiative of The Exchange to increase its product offerings (asset classes)
• Work to ensure an increase in order flow in the 5 asset classes
• Focused marketing on an on-going and proactive basis with respect to big ticket transactions
• Collaborate with other institutions and stakeholders such Central Securities Clearing Systems (CSCS) and Registrars to identify large investors that can be targeted for marketing either on the sell or buy side
• Collaborate with other Departments especially Secondary Markets in ensuring there is liquidity in all asset classes in the market
• Report on any identified market problems, quantifies it to make sure it does not affect the liquidity and stability of the market
• Ensure branch system compatibility with market structure enhancements in support of all product line
• Participate in investor education in partnership with other stakeholders on exchanged based products
• Undertake any other duties that may be assigned to him from time to time.

Qualifications And Experience

• To successfully deliver the above goals, the right candidate must have: Minimum of HND/ Bachelor degree in Social Science disciplines, preferably in Economics, Finance, Management Sciences
• Membership of relevant professional bodies is an advantage
• Minimum of 3 years cognate experience in similar roles i.e. relationship manager, branch operations manager, Marketing manager
• Proven track record of strong performance against measurable deliverables.

Functional Competencies:

• Analytical Thinking
• Business Acumen
• Strategic Research
• Conflict Management

Behavioural Competencies:

• Change Management
• Decision Making