Trader at Meristem Securities Limited

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.

Responsibilities

• 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

Requirements

• 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.

Closing: 31, May 2023