Nairobi Securities Exchange jobs:Derivatives Specialists (Equities and Fixed Income & FX)

NSE Derivatives Specialists (Equities and Fixed Income & FX)
April 15, 2015 Job Description

The Nairobi Securities Exchange (NSE) is a company licensed by the Capital Markets Authority
(CMA) to facilitate the trading of financial products through the provision of a trading platform for listed securities.
In line with this mandate, the NSE is seeking to recruit qualified, dynamic, self- motivated and results- oriented individuals to fill the following positions:

Equities Derivatives Specialist or Fixed Income & FX Derivatives Specialist

Overall Purpose: The Derivatives Specialists will lead business development with a primary focus on generating revenue and working closely with various stakeholders to deliver products, solutions and services in the derivatives market.

The candidates will be entrepreneurial, comfortable in fast pace, client and result driven environment and must feel at ease scripting and pricing derivatives and strategies with a strong knowledge of market practices, risk measures and hedging practices.
Key Duties and Responsibilities

• Responsible for activities associated with enhancing existing and creation of new derivative products;
• Provision of derivative support and customer relationships;
• Implementation of solutions to support new product and client offerings;
• Coordination and communication with various internal and external stakeholders inclusive of direct client interaction;
• Driving sales, managing leads and generating revenues in line with set targets.
• Research, analysis and keeping abreast of other derivative exchange products, OTC derivatives, competitors and regulatory changes/ trends and assist in formulation and implementation of new policies and rules;
• Presenting new product proposals to Executive Committee for approval if required;
• Design and stress test proposed billing models through back testing and simulated spread sheets and databases. End goal to create profitable pricing for products;
• Creation of educational and training material; and
• Conducting of education and training to all existing and potential stakeholders.

Minimum Qualifications

• Bachelor’s degree in a business related or any other relevant field;
• Professional qualifications such as CFA, CPA, ACCA, ACI and membership to a relevant professional body;
• Minimum four (4) years’ experience in capital market environments and/or significant treasury trading, sales or operations roles at a commercial bank.

Key Competencies

• Able to communicate clearly and concisely, moderating style and delivery to suit different parties and media;
• Strong interpersonal and relationship management skills;
• Desire to develop and maintain client relationships;
• Strong IT skills and proficiency with Microsoft Office applications (particularly Excel);
• Strong settlement product knowledge (FI, Equity or FX);
• Strong product knowledge and experience in Equities, Fixed Income, Foreign Exchange, settlements, cash management, fund management, risk management and regulatory environments are desired.
• Proven ability to work efficiently and accurately under pressure in a fast paced multi-tasking environment; and
• Proactive and self-motivated. 

How to Apply
Applications should be sent to the address below by close of business on Wednesday, 22nd April 2015The Chief Executive
Nairobi Securities Exchange Limited
The Exchange, 55 Westlands Road
P.O. Box 43633-00100
Nairobi
Email: recruitment@nse.co.ke
Dropping Zone No. 243 Revlon Professional Plaza, 2nd Floor
Only shortlisted applicants will be contacted.