Job Openings at Meristem Securities Limited

Job Summary

• To drive regulatory and compliance functions across all business units in Meristem.
• Ensure that compliance policies of Meristem are in line with current regulatory requirements and applicable best practice.

Job Details

• Collation and timely submission of weekly, monthly and quarterly returns/reports to the regulators i.e. NFIU, SEC, NSE & CBN;
• Liaising with the regulators on all regulatory matters;
• Tracking regulatory pronouncements and release of new Rules/Policies/Guidelines as they affect Meristem’s operations;
• Attend promptly to all enquiries and correspondences from the Regulators;
• Ensuring customers due diligence and validation of KYC information;
• Conduct regular checks on the activities of Business Units to ascertain level of compliance with internal/operational policies and procedures;
• Coordination of AML/CFT awareness within the organization;
• Keep abreast of trends/ development taking place in the capital market;
• Perform other duties as may be assigned by the supervisor.

Timeline for Deliverables

• Weekly/Monthly/Quarterly submission of returns/reports to the regulators;
• Weekly reports of the activities of the department.

Any other assignment as may be assigned by your supervisor

Requirements

• Minimum of three years' experience in the capital market industry;
• Bachelor’s Degree or its equivalent. 
• Registration with SEC as a Sponsored Individual (will be an added advantage).

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Job Summary

• The firm is seeking an experienced hire to join the lease and credit team. Ideal candidates should have successful experience working in a sales role.
• The candidate should possess an in-depth knowledge of the financial services sector and the ability to negotiate and close transactions.

Job Details

• Enhance client and industry relationships, generate sales opportunities and tailor superior solutions.
• Educate the customer by demonstrating an in-depth knowledge of the features, benefits and applications of available products and services.
• Demonstrate macro-level knowledge of credit risk policy and internal credit ratings to determine client’s creditworthiness.
• Develop and foster mutually beneficial relationships with industry contacts including dealers, brokers, insurers, and suppliers.
• Establish credibility so as to be viewed as a trusted business advisor within the client organization and industry network.
• Through direct selling, generate qualified equipment finance and leasing leads, proposing on and eventually closing required amounts of business.
• Properly and consistently recording customer and prospect data and sales efforts in all company-used databases and management systems.
• For the equipment financing relationship, act as the primary contact for customers and prospects, effectively communicating the company’s products and capabilities to the customer and the customer’s needs to the company.

Qualification/Education:

• Bachelor’s Degree or its equivalent
• At least, 5 years of experience on a similar position
• Professional qualification will be an added advantage.

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Job Summary

• To carry out an independent appraisal of the effectiveness of the policies, procedures and standards by which Meristem's financial, physical and information resources are managed
• To ensure strict adherence to internal and external policies, controls and procedures and maintenance of quality service delivery within the company.

Job Details

• Design, implement and continuously review internal control and audit procedures
• Review Daily Trade Postings and matching same with CSCS Trade Details and ensuring correct posting of the CSCS/In-house Net Trades into MERISTEM Trading Account.
• Regular review of Audit Trail of Reversals, Transfers and Payment of funds
• Perform Monthly and Quarterly review of Statutory Reports to CSCS, SEC and NSE
• Perform rendition of weekly/monthly returns to EFCC on Anti-Money Laundering
• Periodic review of General Ledgers (Cash Advance & Petty Cash inclusive), Trial Balance and other Final Accounts
• Continually communicate key organizational controls, policies, approval limits within the company 
• Document Exceptions arising from Internal Control Investigations and make recommendations to the Management for review and approval.
• Conduct thorough and objective examination of financial transactions records
• Prepare and present Internal Control reports identifying weaknesses and suggesting new procedures, controls and policies
• Assist external auditors (acting as intermediary between External Auditors and Accounts Dept) during external audits to meet their requirements and to resolve any issues identified
• Periodically monitor process execution in operational areas from start to finish
• Liaison with Risk Management Committee to develop risk management strategies to mitigate identified risks in the organization.
• Ensure daily & weekly backup of data with copies sent to the offsite location and Montgomery storage vaults.
• Weekly review of Bank reconciliation & Statements
• Document Exceptions arising from Internal Control Investigations and make recommendations to the Management for review and approval.
• Take inventory of fixed assets and ensure regular update of the asset register
• Monitor quality of internal and external procurement processes for the company
• Conduct thorough and objective examination of financial transactions records
• Prepare and present Internal Control reports identifying weaknesses and suggesting new procedures, controls and policies
• Perform other duties as may be assigned from time to time
• Generation of Weekly Internal Control Report to the MD/CEO
• Any other assignment as may be assigned by your supervisor

Requirements

• Bachelor’s Degree or its equivalent.
• A good first degree in any management science/social science related discipline preferably in accounting. Finance, Business Administration & Economics
• Professional qualification e.g. ACA, ACCA, ACIB, CISA or MBA will be an added advantage.
• Experience with a similar position in the banking sector/financial services sector.

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Job Summary

• To ensure transactions are recorded timely and guarantee the correctness, accuracy and validity of financial information.
• To plan, monitor and manage cash flow and liquidity.
• To institute functioning accounting systems and procedures that ensure smooth processing of transactions.
• To ensure lower processing costs, transfers and bank fees.
• To provide the financial information necessary for the planning and financial protection of the organization.
• To establish and maintain financial policies and management information systems, as well as liaise with management colleagues on all aspects of finance.
• To prepare and report financial statements in line with best accounting practices.
• To ensure regulatory compliance
• To ensure efficient utilization of resources

Job Details

• Provide monthly management report by the 1st week of the following month.
• Prepare an annual budget by 31st May each year in conjunction with the CEO and other management staff.
• Ensure that all financial records are up to date and file correctly and securely.
• Ensure all balance sheet items are reconciled prior to audit and appropriate working papers are prepared.
• Scrutinize cheque requisitions and proforma invoices for purchase before signing by the CEO.
• Maintain adequate insurance cover for the business.
• Monitor current interest rates being offered by financial institutions to ensure the best return on Meristem Registrars' deposits.
• Maintain assets register and undertake regular assets checks.
• Collect all due debts from clients within 60days after billing.
• The monthly payroll is processed accurately and in timely manner.
• Control petty cash system-ensure petty cash registered is balanced before being topped up.
• Monitor the budget to ensure spending is being controlled.
• Practice customer satisfaction metrics to enable other departments carry out their works smoothly.
• Visit and negotiate bills with new and existing clients.
• Conduct internal audits to ensure compliance to accounting policies and procedures.
• Ensure tax deductions and pension contributions are remitted within 10 days of the following month.
• Meet with relevant regulatory authorities on tax matters and get the best position for the company.
• Compiles and prepares daily and weekly cash summaries and initiate weekly cash flow analysis and historical performances.
• Prepare reports and financial statements for management and company's auditor's use.
• Initiate plans and advise on budget and account control.
• Ensure due accounting procedures are observed.
• Verify and validate accounting information.
• Providing regular input on all account activity, including status and call reports on a weekly basis.
• Overall supervision, control and administration of company's accounting system.
• Ensure regulatory compliance.

Requirements

• A good first degree in any management science/social science related discipline preferably in accounting.
• Professional qualification e.g. ACA, ACCA, is a must.

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Job Summary

• This position is responsible for generating added-value evaluations and recommendations to enhance the company’s governance, risk management, compliance, controls and audit model to accomplish the strategic objectives and transformational agenda.
• The position provides great prospects for a bright and hard-working individual willing to grow in a high performing company and fulfill a meaningful career.

Job Details

Technical Skills

•  Work with the Head, Internal Audit, to determine internal audit scope and develop annual plans 
• Responsible for developing compliance programs, reviewing company policies, and advising management on possible risks 
• Provide assurance that our business processes and transactions follow all relevant legal and internal guidelines 
• Obtain, analyze and evaluate accounting documentation, previous reports, data, flowcharts etc. 
• Prepare reports that reflect audit’s results and document process • Identify loopholes and recommend risk aversion measures and cost savings 
• Maintain open communication with management 
• Document process and prepare audit findings memorandum 
• Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards
• Responsible for reviewing management account postings to ensure that they are accurate and free of misstatements. 
• Responsible for the collation of audit observations and documentation of audit working papers to ensure appropriate documentation of audit procedures and working papers. 
• Participate and provide input in the articulation and development of the Internal Audit departmental strategy 
• Provide broad guidelines for the articulation of the department’s policies, procedures and guidelines and monitor and ensure compliance by all staff.
• Ensure the timely resolution of investigated items, audit/review points and other key exceptional issues/matters. 
• Monitor actual activity and performance levels against the agreed budget and take appropriate corrective action to ensure a cost-justified execution of the departmental activities. 
• Monitor and report on the implementation of audit recommendations and resolve control issues arising from internal and external audit exercises.

Requirements

• B.Sc. Accounting, Finance, or another related field 
• ACA, ACCA, Certification with Institute of Internal Auditors and CISA will be an added advantage.
• At least 2-5 years of practical experience in a private accounting firm and/or hands on experience in executing internal and external audits 
• Proven working experience as Internal Auditor or Senior Auditor
• Working knowledge of the Nigeria Capital market operations

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Job Summary

• To generate income in line with the set target of the company
• To generate new business ideas and devise strategies for acquiring new clients and ensuring repeat business from existing clients.

Job Details

• Engaging clients to determine their expenses, income, financial objectives, risk tolerance and other information needed to develop a financial plan.
• Being responsive to client inquiries about what the financial markets updates are to make financial plans, strategies and to proffer financial advice.
• Advising on financial strategies for Affluent, High Net-worth Individuals and Institutions clients by providing customized recommendation to help them meet their goals in investment planning, retirement and estate planning, fund management and other areas to help them reach financial objectives. 
• Proffering investment products to help client meet their investment goals.
• Reviewing client accounts and plans on a regular basis to understand if economic changes, situational concerns, or financial performance necessitate changes in their financial plan.
• Preparing and interpreting the financial document summaries, investment performance reports and income projections for clients on a regular basis.
• Managing and updating client portfolios by contacting them regularly to discover changes in their financial status.
• Building and maintaining client base through attending seminars, deliberately being a part of their live endeavors. 
• Generate market intelligence for consistent improvement of new/existing products.
• Generate weekly/monthly reports on the progress of the conversion.
• Demonstrate the desire to gain adequate knowledge of core wealth management services and take practical steps to achieve the same.
• Achieve nil record of client complaint/dissatisfaction and work with the team to provide speedy resolution should any complaint arise.
• Any other assignment as may be assigned by your supervisor

Requirements

• Bachelor’s Degree or its equivalent

 Work Experience:

• 3-6 years’ experience in financial services (preferably not in banking)
• Any sales experience (other than financial services) but with a first degree in Economics
• Good Presentation skills
• Proficiency in the usage of Microsoft Office tools
• Leadership skills
• Proactive decision-maker
• Self-starter
• Sound ethics and integrity.
• Flair for business development & strategic thinking
• Flair for Client Experience Management

go to method of application »

Job Summary

• To generate income in line with the set target of the company
• To generate new business ideas and devise strategies for acquiring new clients and ensuring repeat business from existing clients.

Job Details

• Engaging clients to determine their expenses, income, financial objectives, risk tolerance and other information needed to develop a financial plan.
• Being responsive to client inquiries about what the financial markets updates are to make financial plans, strategies and to proffer financial advice.
• Advising on financial strategies for Affluent, High Net-worth Individuals and Institutions clients by providing customized recommendation to help them meet their goals in investment planning, retirement and estate planning, fund management and other areas to help them reach financial objectives. 
• Proffering investment products to help client meet their investment goals.
• Reviewing client accounts and plans on a regular basis to understand if economic changes, situational concerns, or financial performance necessitate changes in their financial plan.
• Preparing and interpreting the financial document summaries, investment performance reports and income projections for clients on a regular basis.
• Managing and updating client portfolios by contacting them regularly to discover changes in their financial status.
• Building and maintaining client base through attending seminars, deliberately being a part of their live endeavors. 
• Generate market intelligence for consistent improvement of new/existing products.
• Generate weekly/monthly reports on the progress of the conversion.
• Demonstrate the desire to gain adequate knowledge of core wealth management services and take practical steps to achieve the same.
• Achieve nil record of client complaint/dissatisfaction and work with the team to provide speedy resolution should any complaint arise.
• Any other assignment as may be assigned by your supervisor

Requirements

• Bachelor’s Degree or its equivalent

 Work Experience:

• 3-6 years’ experience in financial services (preferably not in banking)
• Any sales experience (other than financial services) but with a first degree in Economics
• Good Presentation skills
• Proficiency in the usage of Microsoft Office tools
• Leadership skills
• Proactive decision-maker
• Self-starter
• Sound ethics and integrity.
• Flair for business development & strategic thinking
• Flair for Client Experience Management