Execution Trader
The role entails accurate
and timely execution of equities and fixed income trades in listed securities
for retail, high net worth and institutional clients, while ensuring compliance
to CDSC, CMA & NSE trading regulations. The candidate will work closely
with the brokerage sales traders, retail division and operations team to drive
revenue and profitability growth for brokerage and investment bank at large.
Key Responsibilities
Executing
trades accurately and timely on listed securities, for retail, high net worth
and institutional clients while ensuring compliance to NSE trading regulations.
Develop
and nourish relations with peers from the industry (Brokers, Custodians, CBK,
NSE) to boast execution quality and seamless settlement.
Source
bond liquidity for inhouse and custodial retail orders to identify and execute
at the best price given current market conditions.
Provide
market information flow and advice to sales team and clients on the purchase
and sale of various securities.
Ensuring
all orders presented for execution have accurate supporting
documentation and provide clients with summarized report of all their
transactions.
Analyze
market conditions to determine the right time to execute transactions, keep
abreast of company announcements and anticipate effects on pricing of affected
stocks and advise the brokerage team and the client.
Process
post-executed fixed income trades, recon and handle the
operation/administrative duties associated with the trades.
Adhere
and comply with internal policies and procedures.
Ensure
compliance with all regulatory authorities as well as internal control
functions (audit, risk and compliance)
Revising
all transaction after every session to ensure that all the transactions were
executed with the exact amount and prices.
Solving
and escalating errors immediately
Qualifications
For the above position,
the successful applicant should have the following:
A
Bachelors’ Degree from a recognized institution.
A
Masters’ Degree, professional qualification, CPA/ACCA, CISI or equivalent will
be an added advantage.
3
years’ work experience in a busy Equity/ Bond trading desk.
Must
have NSE ATS Certification and have experience with Bloomberg or Reuters
terminals or other trading platforms.
Ability
to effectively communicate in person, via telephone, and/or by email with
customers, co-workers and various business contacts in a courteous and
professional manner.
Dynamic
and self-starting individual, able to work as part of a team or independently,
with strong organizational skills.
Interest
in financial markets, competent and reliable staff that is honest and
trustworthy.
Knowledge
of local market structure and regulatory landscape.
How to Apply
The above position is a
demanding role for which the Bank will provide a competitive remuneration
package to the successful candidate. If you believe you can clearly demonstrate
your abilities to meet the criteria given above, please log in to the Recruitment portal and submit your
application with a detailed CV.
To be considered your
application must be received by Wednesday, 31st May 2023.
Qualified candidates with
disability are encouraged to apply.
Only short-listed
candidates will be contacted.
