The Nairobi Stock Exchange (NSE) plays a key role in the economy through raising capital for businesses, mobilizing savings for investment and improving corporate governance.
We do this through providing a world class trading facility. In line with this mandate, the Exchange is seeking to recruit qualified, dynamic, self- motivated and results- oriented individuals to fill the following positions:
Manager, Product Development
Manager, Product Development
Overall Purpose
Reporting to the Head of Market & Product Development, the Manager, Product Development will be responsible for providing market research input towards the development and implementation of new products, new listings and markets.
In addition, he/she will educate the public purposely to increase awareness about NSE and its products to boost NSE’s business.
Key Duties and Responsibilities
- Provide research and technical input for the development of products, new listings and markets under the NSE Strategic Plan;
- Interpret the contents of financial and production reports;
- Analyze market information and performance statistics data to forecast market opportunities, identify competitor threats and anticipate potential need to modify business plans;
- Define business opportunities and research alternate solutions, including options, risks, costs versus benefits, and impact on other business processes and system priorities;
- Compile and analyse data on market indicators such as the NSE 20 share index, market capitalization, number of shares traded, equity turnover, bond turnover, number of deals;
- Provide methodology for setting market goals and allocating them to the area and location levels;
- Provide research and analysis of NSE rate positioning based on Market and competitor knowledge, research industry trends and performance;
- Review and coordinate the updating of the NSE information content;
- Review and implement the data vending concept, information product segmentation, pricing, promotion and vendor sign up in line with expected new revenue target streams by the Board;
- Implement strategic regional cross listing plans and programs aimed at integrating the East African Securities Exchanges;
- Work with other departments to input value added features in new products and enhance existing products in line with market demands;
- Administration of the ASEA Secretariat.
Minimum Qualifications
- Bachelors degree in Business Studies, Economics, Finance or Information Technology or similar disciplines from a reputable university; Masters degree would be an added advantage
- Thorough knowledge of the Exchange’s products, trading rules and procedures
- Minimum six (6) years working experience as a market researcher, business/ investment analyst, product/business development officer in a financial market.
Key Competencies
- High Integrity as well as planning and organisation skills
- Ability to work under pressure and extra hours
- Strong communication skills
- Team orientation and commitment
- Keen ability to apply theoretical and technical skills
- Good inter personal skills
- Proficiency in computer application and statistical packages
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, 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 28th May 2010 to:
The Chief Executive
Nairobi Stock Exchange
P.O. Box 43633-00100
Nairobi
Nairobi Stock 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.
