Proprietary Trader at ARM Hold Co.

Job Summary

• The position holder will be tasked with managing proprietary funds through active trading of equities and fixed income instruments to generate superior risk-adjusted returns . This role requires integrity, strong market intuition, disciplined execution, and in-depth knowledge of market dynamics, supported by data-driven decision-making

Job Details

Securities Trading: 

• Identify high-probability trading opportunities and execute strategies including directional trades, arbitrage, mean reversion, and yield optimization.
• Execute calculated positions in both Equities and Fixed Income instruments in line with the firm’s investment policies as regards the proprietary trading (prop) book
• Generate and submit a daily P&L report and position breakdown to the Managing Director/Executive Director Investments
• Manage open positions in real-time, ensuring alignment with portfolio limits and market developments.
• Target a minimum annual return of 20% on the proprietary portfolio with consistent monthly/quarterly performance reviews.

Collaboration & Reporting

• Maintain regular and transparent communication with back-office teams including risk, compliance, operations, and financial control teams to ensure smooth trade execution, settlement, and reconciliation.
• Actively contribute to weekly trading review sessions and strategic planning meetings.
• Actively participate and report on activities in monthly investment risk committee meetings 
• Deliver insightful market commentary and articulate the rationale behind executed trades to relevant stakeholders

Market Intelligence and Research: 

• Stay updated on news and macroeconomic trends, fiscal and monetary policy changes, regulatory updates, and company-specific news in the capital market
• Collaborate with the research team to integrate market insights into trading strategies.
• Communicate intelligence guiding positions clearly when required.
• Continuously back-test and refine trading models and risk assumptions.

Compliance

• Adhere strictly to the investment policy document and internal risk controls e.g. position limits and stop loss provision.
• Ensure compliance with SEC, NGX, FMDQ, and other regulatory requirements.
• Monitor liquidity, credit, and counterparty risks and escalate any breaches immediately.

Requirements

Qualifications & Experience:

• Bachelor’s degree in finance, Economics, Mathematics, or related field.
• Authorised dealing clerk of the NGX
• CFA or progress toward CFA Charter is an advantage.
• Minimum 5 years of active trading experience in the Nigerian capital market (buy-side or sell-side).
• Strong analytical skills and familiarity with trading platforms, technical analysis tools, and Bloomberg/Reuters terminals.
• Deep understanding of NGX, FMDQ, CBN policies, and Nigerian market instruments.