The Nairobi Securities Exchange (NSE) plays a key role in the
economy through raising capital for businesses, mobilizing savings for
investment and improving corporate governance.
Manager - Research, Policy Analysis & Strategy Support
Overall Purpose:
Reporting to the Chief Executive, the Manager - Research, Policy Analysis & Strategy Support will be responsible for conducting research and analysis into national and international developments in the capital markets to ensure that the strategies that are put in place are in line with the current trends and best practice making the Exchange more globally competitive.
The Manager will also be responsible for monitoring progress made according to the approved organizational strategy.
Key Duties and Responsibilities
·
Monitoring market and product trends in the capital markets;
·
Developing policy papers, reports and presentations on issues
that are pertinent to the NSE;
·
Assisting with strategy development, review and monitoring;
·
Collating and analysing securities markets data to facilitate
decision making;
·
Continuously assessing needs and opportunities for research
interventions to design and implement responsive development programmes;
·
Developing and implementing monitoring systems for tracking
fundamental economic developments, including local, regional and international,
in order to inform policy and strategy formulation; and
·
Developing and implementing effective methodologies and
strategies for utilisation of data and information as well as continuously
verifying the integrity of research data, information and reports.
Minimum Qualifications
·
Bachelor’s degree in a relevant field from a recognized
institution; a Masters degree would be preferred.
·
Possession or in pursuit of a professional qualification such as
CFA, CPA, ACCA or equivalent.
·
Minimum four (4) years of relevant experience in the areas of
research, policy analysis, consulting etc.
Key Competencies
·
Strong research skills coupled with polished written and oral
communication skills.
·
Proactive, self-starting, and strong at following through on
tasks.
·
Methodical, detail-oriented, and dedicated to producing a
high-quality work product.
·
Strong fundamental understanding of the capital markets.
·
Strong quantitative background with fluency in Excel and some
experience with higher-level technical computing environments.
·
Ability to provide timely and accurate information on matters
related to the market.
·
Ability to maintain confidentiality of privileged information
and to ensure absolute discretion and sensitivity to confidential matters.
·
Must be a strategic thinker with strong organizational and
analytical skills.
·
Ability to work independently on projects in a fast paced
environment.
Manager - Compliance & Legal
Overall Purpose
Reporting to the Head of Compliance & Legal, the Manager - Compliance & Legal will provide legal, regulatory and research expertise in the continuous development and review of the rules and regulations of the NSE and CMA.
He/ she will also advise market participants on the NSE Rules
and Capital Markets Act and Regulations; and ensure compliance by Trading
Participants and listed companies.
The Manager will also serve as the secretary to management and ad hoc committees.
Key Duties and Responsibilities
·
Advising and keeping NSE management up to date on the legal and
regulatory development in Kenya and in other Jurisdictions that relate to the
capital markets;
·
Preparing proposals on requisite changes to the existing Capital
Markets Laws, Regulations, Rules and Guidelines especially as relates to new
products and changes to existing products;
·
Assisting in the interpretation of Capital Markets Laws,
Regulations, Rules and Guidelines;
·
Assisting in coordinating external legal counsel;
·
Providing internal legal support for NSE’s projects and
departments;
·
Participating in negotiation, reviewing and/ or drafting of
contracts and agreements to be entered into by NSE or relating to NSE
operations;
·
Assisting in preparing NSE’s internal policies as well as
reviewing them for compliance with relevant laws;
·
Providing regulatory advice to market participants,
intermediaries and other stakeholders;
·
Assisting in the review and preparation of preliminary reports
on new issues and on additional issues as well;
·
Following up with any listed companies, issuers and
intermediaries not in compliance with the relevant rules;
·
Reviewing all announcements made by listed companies and trading
participants to ensure compliance with the CMA and NSE rules and regulations;
and
·
Assisting with inspection of Trading participants to review for
compliance with requirements of the Authority’s and Exchange rules and
regulations.
Minimum Qualifications
·
Bachelor’s degree in Law; Masters Degree in Law or Business
related field will be an added advantage.
·
Advocate of High Court of Kenya.
·
Minimum four (4) years experience.
Key Competencies
·
Ability to draft and review legal documents.
·
Knowledge of Rules and Regulations of the NSE and CMA, and
working knowledge of the mechanics of the Kenyan capital market.
·
Training in capital markets regulation and development.
·
Positive attitude.
·
Ability to maintain professional status and keep abreast of
evolving trends through continuing professional education programmes.
·
Exceptional interpersonal skills, and ability to mediate and
facilitate dispute resolution.
·
Excellent verbal and written communication skills.
·
Ability to maintain confidentiality of privileged information and
to ensure absolute discretion and sensitivity to confidential matters.
Senior Officer - Compliance & Legal
Overall Purpose
The Senior Officer - Compliance & Legal will have the overall responsibility of assisting the Manager, Compliance & Legal in providing compliance, legal and company secretarial services to the Company.
Key Duties and Responsibilities
·
Assisting in providing internal legal support for the Company’s
initiatives;
·
Assisting in the review and interpretation of Capital Markets
Laws, Regulations, Rules and Guidelines;
·
Carrying out legal research and supporting the Manager in making
appropriate recommendations to the Board and Management, Issuers of Securities
and Market Intermediaries;
·
Drafting rules required for the securities market;
·
Drafting the Company’s internal policies & ensuring their
compliance with relevant laws;
·
Participating in negotiation, review and drafting of Company
contracts;
·
Assisting in coordination and support of external legal counsel
hired by NSE to provide legal services;
·
Reviewing of applications for listing of securities;
·
Participating in compliance work related to Issuers of
Securities and the Market Intermediaries; and
·
Assisting in the provision of company secretarial services.
Minimum Qualifications
·
Bachelor’s degree in Law.
·
Minimum two (2) years experience
·
Experience in the capital markets will be an added advantage.
Key Competencies
·
Knowledge and experience in Kenyan capital markets.
·
Knowledge and exposure to Capital Markets Laws, Regulations,
Rules & Guidelines.
·
Ability to prepare contracts and various relevant legal
documents.
·
Experience in legislative drafting.
·
A positive attitude and proper interpersonal skills.
·
Excellent verbal and written communication skills.
Senior Officer - Supervision
Overall Purpose
Reporting to the Manager, Supervision, the Senior Officer - Supervision will monitor compliance by Issuers and Trading Participants with the Capital Markets Authority (CMA) Act & subsidiary legislation and the Nairobi Securities Exchange Rules and Regulations.
Key Duties and Responsibilities
·
Reviewing and analyzing the Interim and End Year Financial
Reports of Listed Companies and Trading Participants for compliance with the
Capital Market Rules and Regulations and the NSE Rules;
·
Reviewing Information Memorandums from prospective issuers on
the Main Investment Market Segment, Alternative Investment Market Segment and
Fixed Investment Market Segment , Growth & Enterprise Market Segment and
preparing final reports on compliance issues as provided by the NSE Listing
Rules and Regulations;
·
Reviewing and preparing preliminary reports on material
announcements made by Listed Companies to ascertain compliance with the NSE
continuous reporting obligations;
·
Conducting quarterly compliance inspections on Trading Participants
to assess their compliance with the Capital Markets Regulations and the NSE
Rules;
·
Conducting investigations into suspected or reported violations
of NSE or CMA Rules and Regulations by acting on the daily surveillance
reports, investor complaints and any other sources of information;
·
Maintaining the monthly investor returns by Listed Companies and
performing variance analysis reviews to ensure compliance with the Capital
Markets Foreign Investors Regulations; and
·
Recommending appropriate amendments to the capital markets legal
and regulatory framework.
Minimum Qualifications
·
Bachelor’s degree in Accounting, Finance, and Economics or
similar disciplines.
·
Professional qualification in accounting or finance such as CPA,
CFA, CISA or other related fields.
·
Minimum two (2) years experience in the financial services
industry, specifically in the areas of finance, audit, inspection, supervision
etc.
Key Competencies
·
High level of integrity.
·
Team player and positive attitude.
·
Good analytical skills.
·
Ability to pay attention to detail.
·
Exceptional interpersonal skills and ability to interface
positively with the players in the capital markets.
·
Very good report writing skills.
·
Sound IT proficiency.
·
Ability to maintain confidentiality of privileged information and
to ensure absolute discretion and sensitivity to confidential matters.
Senior Officer – Corporate Finance
Overall Purpose
The Senior Officer - Corporate Finance will actively seek new listings. He/ she will market the value add of NSE products, helping the Exchange to take advantage of new growth opportunities.
Additionally, he/ she will be actively involved in maintaining
relationships with strategic partners such as sponsors, institutional investors
and other stakeholders.
The Senior Officer will also be involved in building long term relationships with listed companies and understanding their business needs.
He/ she will establish and maintain this relationship by
actively engaging with the companies and together with the Business Development
Team, run various initiatives intended to add value and educate listed
companies in new company requirements, corporate governance initiatives etc.
Key Duties and Responsibilities
·
Supporting and improving existing products and markets;
·
Participating in creation of new products and markets;
·
Participating in educating, marketing and promoting new &
existing markets & products;
·
Fostering a broad understanding of technologies relevant to NSE
business strategies;
·
Understanding in detail the relationships between markets,
products/ services and their architecture;
·
Planning, designing, and conducting collaborative research and
surveys on the capital markets industry performance, characteristics and
trends, business practices and risks to address the challenges of an emerging
securities industry;
·
Defining business opportunities and research alternate
solutions, including options, risks, costs versus benefits, and impact on other
business processes and system priorities; and
·
Communicating and building strong relationships with market
participants in order to create new listings, products and improve existing
products;
Minimum Qualifications
·
Bachelor’s degree in a business, law or any other relevant
field.
·
Professional qualifications such as CFA, CPA, ACCA, or equivalent
and membership to a relevant professional body.
·
Minimum three (3) years experience in capital market
environments and/or have at least two (2) years experience in corporate finance
advisory roles.
·
Working knowledge of IT landscape of Broker Dealers, Mutual
Funds, Exchanges, Market feed providers etc.
·
Working knowledge of the Capital Markets in Kenya and other
jurisdictions.
·
Must demonstrate strategic thinking and insight.
·
Expert experience with MS Office Products (Word, Excel, Access,
PowerPoint, Outlook).
Key Competencies
·
Self-starter and results-oriented with emphasis on expansion and
application of business and technical knowledge.
·
Flexibility to work in a changing, fast-paced, complex and often
highly charged environment.
·
Possess a high level of energy and enthusiasm.
·
Possess a strong work ethic and sense of urgency.
·
Service delivery and outcomes driven and is an effective team
player.
·
Excellent written and oral communication and presentation
skills.
These are very challenging positions that provide great
opportunity for candidates seeking to grow professionally and work in a highly
dynamic environment.
If you believe you are the right candidate for any of the above positions and can clearly demonstrate your ability to meet the criteria given above, please submit your application with a detailed CV stating your current position, remuneration (current & expected), qualifications, experience, names and addresses of three referees, email and telephone contacts together with copies of your academic and professional certificates and testimonials by Friday, 26th October 2012 to:
The Chief Executive
Nairobi Securities Exchange
P.O. Box 43633-00100
Nairobi
Email: recruitment@nse.co.ke
Kindly indicate the position for which you are applying for clearly. Only shortlisted applicants will be contacted.
