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.
