Job Openings at Meristem Securities Limited

Job Summary

• To act independently within established investment policy guidelines to develop, recommend, and execute investment programs designed to achieve the objectives of large and complex client accounts.

Responsibilities

• Develop new sources of asset management revenue through frequent contact, usually for portfolios/relationships of substantial size and complexity.
• Build client relationships to develop investment objectives and implement a suitable investment plan and maintain an Investment Policy Statement for each relationship.
• Working with client advisors, participating in the development of new business opportunities by meeting with prospects, and preparing and presenting proposals for investment management.
• Interpret the intentions of any trust or agency agreement and build an investment policy to accomplish those objectives.
• Invest assets according to investment policy guidelines to deliver a competitive rate of return within the given level of risk.
• Regularly engage with other members of the Wealth Management Team and external advisors to ensure effective communication regarding client objectives and coordinate portfolio changes.
• Maintain awareness of new investment strategies, techniques and products through regular contact with other industry professionals and through internal and external research.
• Keep informed of market trends and analyze the effect of these trends on clients' investment portfolios.
• Keep current on the legal and tax issues with respect to investment decisions by consulting attorneys, accountants and other resources as needed.
• Follow established investment policies and procedures including annual account reviews and working to minimize and/or document exceptions.
• Any other assignment as may be assigned by your supervisor

Requirements

Qualification/Education:

• Bachelor’s Degree or its equivalent
• A good first degree in Accounting, Finance, Economics or a related field
• Advanced degrees such as an MBA or CFA will be an added advantage.
• Solid communication and presentation skills are required

Work Experience:

• 3 to 6 years of experience involving money management, including investment decision-making.

SKILLS & COMPETENCIES:

Proactive decision-maker

• Ability to forecast the market
• Ability to pay attention to details
• Ability to penetrate the market and get the best of prices for goods
• Ability to question assumptions
• Ability to proactively measure performance.
• Self-starter
• Must be an energetic person with unusual initiative
• Must be resilient

Sound ethics and integrity.

• Must be discernibly honest and of consistent upright character
• Must be ethical i.e. must follow the ideals and responsibilities of the banking industry as set out in the code of ethics guiding operations and operators in the industry.

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Job Summary

• To set-up and run a profitable fixed income trading unit that generates income on both proprietary and client portfolios.

Responsibilities

• Trade on proprietary and client-directed mandate to generate an alpha return.
• Create fixed-income investment products to which clients can subscribe.
• Manage multi-currency fixed-income portfolio in accordance with the mandate.
• Be abreast of macroeconomic information and market news.
• Daily and periodic reporting on the investment positions and outlook.
• Build and maintain value-adding relationships within the industry.
• Perform other duties as may be assigned by the supervisor.

Requirements

• Bachelor’s Degree or its equivalent
• A good first degree in Accounting, Finance, Economics or a related field
• 3 to 6 years of experience

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Job Summary

• Analyze, monitor and report on the performance of intervention funds in line with key performance indicators

Responsibilities

Job Duties/Responsibilities:

• Develop key performance indicators to monitor and measure performance of facilities disbursed to loan beneficiaries.
• Implement appropriate performance management framework to track and monitor facility repayment by beneficiaries.
• Implement an appropriate credit measurement, monitoring and reporting process by establishing a system for analyzing loan portfolios and status of individual credits.
• Design and maintain automated performance measurement dashboard to aid performance measurement and reporting.
• Conduct periodic data and information collection required for performance measurement in line with transaction documents.
• Conduct site visitations to loan beneficiaries and deliver a comprehensive report on utilization and compliance.
• In line with approved KPIs, conduct detailed performance analyses based on data received from beneficiaries.
• Ensure accuracy and integrity of all performance measurement reports
• Any other assignment as may be assigned by your supervisor

Requirements

Qualification/Education:

• University degree preferably in business and numerate field
• A professional or advanced degree in business/finance is an advantage
• Relevant experience in financial analysis, investment banking etc.

Work Experience:

• At least 2 year work experience

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Job Summary

• To provide compliance and legal services of the highest professional standards and facilitate the transactions of Meristem by giving proactive, business oriented and creative advice.
• Manage legal risk in order to make transactions viable and safe. Protect the integrity and reputation of the company.

Responsibilities

• Enforce implementation of Meristem’s duties as Administrator of CBN-NEMSF in line with its Administration Agreement and Mandate.
• Provision of prompt legal advice as required on the Company’s legal/corporate structure, business, operations, and transactions.
• Preparation, review, vetting and negotiation of the Company’s agreements with third parties and other contract documentation to ensure the protection of the company’s interest and due compliance and conformity with all aspects of applicable Laws.
• Company secretarial work and Governance overview for the company.
• Interpretation of CBN-NEMSF agreements and interface with Legal Advisers.
• Ensuring all NESI SS Ltd departments and stakeholders are delivering on assigned tasks.
• Flag any shortcoming noticed in the delivery of duties.
• Follow-up with discos to ensure they meet up with their reporting obligations.
• Legal documentation including Conditions Precedents and subsequent (CP and CS) of beneficiaries.
• Provide a report on the status of beneficiaries CS after the CS due dates.
• Monitor organization-wide compliance with internal operational procedures.
• Enforce compliance with the risk management framework for the CBN-NEMSF to ensure acceptable risk and adequate mitigants are in place.
• Maintain an up-to-date risk register and continuously review/ address the risks facing the SPV in order to proactively establish appropriate mitigating controls and monitoring mechanisms/ frameworks.
• Ensure prompt reporting of risk positions and provide advice on possible resolution of critical issues.
• Keep abreast of trends/ development taking place in the capital market and power sectors.
• Perform other duties as may be assigned by the supervisor.
• Any other task as may be assigned

Timeline for Deliverables

• Monthly compliance report on deliverables of each NESI SS Ltd department.
• Monthly and quarterly reports on compliance of all beneficiaries to the monthly and quarterly reports that beneficiaries must send to NESI SS Ltd.
• Quarterly update report on the documentation and filing of all CBN-NEMSF documents.
• Review the risk register quarterly and generate a report on its adequacy making recommendations to the management.

Requirements

• Bachelor’s Degree or it's equivalent.
• Experience in related field

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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.

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Job Summary

• To generate new business ideas and devise strategies for acquiring new clients.
• To generate income in line with the set-target of the company. Effectively manage business relationships between the company and its clients and ensure excellent service deliver.

Responsibilities

• Generate income and meet income target in line with the set-target.
• Aggressive marketing of the company’s products and services. Effectively profile prospects/clients, analyze their financial risk appetite, needs and goals for investing and provide guidance to them as regards their investments.
• Follow up on clients’ mandates to ensure they are promptly executed and error free.
• Maintain a cordial business relationship with all clients whilst ensuring regular communication with assigned clients.
• Effectively work with members of the team in handling all relationship management issues, such that all clients have access to more than one account officer at any given time.
• Generate income and meet income target in line with the set-target determined at the beginning of an appraisal period.

Requirements

• A good first degree in any discipline from a reputable Higher Institution.
• Professional qualification e.g. ACA, ACCA, CIS may be an added advantage.

Skills/Knowledge

• Excellent interpersonal and communication skills 
• Excellent prospecting and marketing skills ▪ Good knowledge of the Capital market and its operations
• Excellent presentation skills 
• Must possess good selling skills 
• Strong quantitative and analytical skills 
• Leadership; Ability to influence others to do what is to be done.
• Must be fair, goal oriented, responsible and aggressive 
• Must be able to evaluate others
• Must be charismatic
• Proactive decision-maker
• Ability to look beyond the obvious/routine
• Ability to see what others cannot see
• Ability to seek a richer set of alternatives
• Ability to question assumptions
• Ability to proactively measure performance.
• Sound ethics and integrity.
• Must have high sense of integrity, accountability and dependability
• Must uphold high ethical standard i.e. know and stick to all capital market rules as contained in Regulatory rules & code of ethics guiding operations in the industry.

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Job Summary

• The holder of this role will be responsible for reviewing and assessing a client’s business and financial history to determine their suitability for a credit facility. In addition, the holder will be responsible for monitoring the performance of the credit portfolio and providing timely recommendations relating to overdue or defaulted facilities to management.

Responsibilities

Job Duties/Responsibilities

• Develop relevant credit frameworks, policies, and guidelines.
• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence.
• Provide recommendations tied to analysis and assessment of credit.
• Present analysis, findings, and recommendations to the credit committee, especially findings that involve a borrower’s ability to repay.
• Develop and prepare spreadsheets and models to support the analysis of new and existing credit applications.
• Maintain the credit exposure of the company within the approved credit risk appetite.
• Reconcile credit files and identify discrepancies and variances.
• Pay visits to clients on behalf of the company whenever necessary.
• Monitor the credit portfolio and evaluate the risk of potential default while recommending recovery solutions.
• Provide daily/weekly/monthly collection/payment schedules to clients and the business unit while ensuring prompt and timely repayments as per schedule.
• Identify and escalate repayment irregularities for further management action.
• Preparation of weekly/monthly portfolio reports for credit review meetings and management decision.
• Conduct post-disbursement spot checks on clients to confirm loan performance and utilization.
• Negotiate terms of repayment or loan restructuring on behalf of the company with defaulters.

Requirements

Qualification/Education

• Bachelor’s Degree in business administration, Finance, Accounting, Economics, or any other numerate discipline.
• A relevant Master’s degree or professional certification will be an advantage.

Work Experience

• Five years of experience in a similar position in the banking/financial services sector.

Skills and Competences

• Impeccable understanding of financial statements, ratios, and concepts.
• Strong attention to detail and ability to notice discrepancies in data.
• Strong presentation and communication skills.
• Excellent negotiation and persuasive skills.
• Strong numeracy and analytical skills.

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Job Summary

• This vital role is responsible for the review and continuous improvement of the risk management policy, strategy, framework and systems to achieve an integrated and strong risk management program and culture across the organisation.

Responsibilities

• Planning, designing and implementing an overall risk management process for the organisation;
• Risk assessment and evaluation; establishing and quantifying the organisation's 'risk appetite', i.e. the level of risk that we are prepared to accept;
• Risk reporting in an appropriate way for different audiences, for example, to the board of directors so they understand the most significant risks, to business unit heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks, as well as corporate governance involving external risk reporting to stakeholders;
• Carrying out processes such as purchasing insurance, implementing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong.
• Conducting audits of policy and compliance to standards, including liaison with internal and external auditors;
• Providing support, education and training to staff to build risk awareness within the organisation.
• Report on the company's Enterprise Risk Exposures, proffer appropriate solution and follow up with the responsible officials.
• Any other functions that may be assigned from time to time.

Requirements

Qualification/Education:

• Bachelor’s Degree or its equivalent.
• A good first degree in Business Administration/Management Science/Social Science related discipline preferably in Accounting, Finance or Economics
• Professional qualification e.g. FRM, will be an added advantage. 

Work Experience:

• At least, 5 years of experience on a similar position in the banking sector/financial services sector