Career Opportunities at the Nigerian Stock Exchange (NSE)

Report to: Head, Listing Regulation Department
Division: Regulation
Department: Office of the DH-Regulation
Grade: Assistant Manager - Manager
Estimated Date Of Resumption: Monday, September 24, 2018

Job Summary

• The Exchange needs a consummate legal professional with a strong personality, good people management skills, and the ability to work as a team player to support its Disciplinary process. This individual will work out of the office of the Head, Regulation.
• The individual would be required to have a thorough understanding of The Exchange’s policies, overall mission and strategy, as well as a strong legal background, including stellar academic credentials.

Key Responsibilities

• Drafting, reviewing and advising in a qualitative manner documentation of all types relating to Disciplinary matters within agreed timeframes
• Providing enterprise wide legal support to all structures involved in the Disciplinary process
• Providing legal opinions and advice as requested for the purposes of the Disciplinary process. Providing legal advisory services to the Council and Council Committees in connection with the Disciplinary process
• Working with other business departments to manage The Exchange’s disciplinary process for its Dealing Members and listed companies. Managing The Exchange’s Disciplinary Process to be in line with best practice and international standards. Attending meetings with third parties and stakeholders regarding The Exchange’s Disciplinary Process
• In conducting disciplinary matters, pay attention to minimizing the exposure of The Exchange to legal liabilities. Working on the procedures, practices, rules and regulations relating to the Disciplinary process with a view to enhancing them and making them more robust
• Participating as representative of the Disciplinary function in Committees and Projects across the enterprise
• Supporting the business in finding creative ways to meet its SRO enforcement objectives
• Ensuring KPIs are met
• Ensuring cost effective service provision for all services rendered

Qualifications And Experience

• Minimum of 2:1 in University. Masters’ Degree in Law.
• Knowledge of Administrative Review and Regulatory Oversight matters.

Functional Competencies:

• Analytical Thinking
• Project Management

Behavioural Competencies:

• Adaptability
• Attention to Detail
• Emotional Intelligence

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Report to: Unit Head-Compliant Management & Regulatory Approvals, BDR
Division: Regulation
Department: Broker Dealer Regulation Department
Grade: Unit Head-Monitoring & En
Estimated Date Of Resumption: Tuesday, 2nd October, 2018

Job Summary

• The Monitoring & Enforcement Unit is involved with monitoring the activities of Dealing Members to ensure that they operate in compliance with the Rules and Regulations of the Exchange. It enforces the Rules when incidents occur.
• The unit also has the responsibility of reviewing financial and regulatory reports of Dealing Members to assess their financial state of affairs on and on-going basis.

Key Responsibilities

• Oversee the activities conducted by the Unit
• Develop key performance indicators and drive the implementation of the plans and strategies for the Unit
• Provide assurance on the integrity of the Monitoring and Enforcement processes
• Review and analyse periodic renditions from Dealing Members of The Exchange and ensure that all renditions are prepared in line with relevant accounting standards and the rules and regulations governing Dealing Members of The Exchange
• Recommend appropriate enforcement actions against defaulting Dealing Member Firms in line with the rules and regulations governing Dealing Members of The Exchange
• Conduct Spot checks and ad-hoc inspections where necessary
• Liaise with other units and departments in the course of compliance and enforcement related activities to ensure The Exchange’s zero tolerance policy is upheld
• Develop periodic reports for both internal and external stakeholders
• Review Dealing Members financial performance and capital adequacy on a regular basis
• Conduct regular risk profiling of Dealing Member Firms
• Review Dealing Members compliance profile with the NSE rules and regulations
• Initiate disciplinary procedures and processes against defaulting market participants in line with The Exchange’s zero tolerance policy
• Maintain a schedule and track enforcement deadlines
• Send frequent notifications and reminders to defaulting firms ahead of deadlines
• Monitor the compliance status of firms and update the Broker TraX reports on a regular basis
• Drive the implementation of Dealing Member Net Capital reporting on a regular and periodic basis for enhanced capital adequacy monitoring
• Preparation of the annual departmental budgets
• Perform other tasks as assigned by the Head of the Department

Functional Competencies:

• Analytical Thinking
• Data Gathering and Analysis
• People Management
• Project Management
• Microsoft Office Packages

Behavioural Competencies:

• Collaboration

Qualification and Experience

• Minimum of B.Sc (Second Class Upper Division) in Accounting, Finance, Economics, Statistics, or related fields
• MBA or Professional qualifications in Finance i:e ACA, ACCA, CPA etc
• Experience in any of the Big 4 Audit firms or as a CBN certified Bank Examiner.