Old Mutual plc. is a leading
multinational long-term savings, protection and investment group which has been
operating for over 169 years. It has operations in Africa, Europe, the Americas
and Asia, supported by over 56,000 employees serving over 16 million
customers.
The company has opportunity for
qualified, experienced and talented individual to fill the following positions
within Old Mutual Securities business Unit.
Senior Bonds Trader
Reporting to the Head of Trading, the incumbent will be responsible for growing sales at the Old Mutual Securities bonds desk by actively sourcing for both buy and sale instructions of securities listed in the Fixed Income Market segment at the NSE and ensuring timely execution, new clients’ acquisition, engagement and retention while confirming to the set internal and external regulations.
The key objectives for this position are: -
·
Creatively develop and implement
short and long term sales and trading strategies to achieve revenue goals
·
Adhere to the compliance guidelines
from CBK, CMA, NSE and Company rules and regulations before trading.
·
Timely execution and settlement of
all trades
·
Develop strong and long-term
relationships with clients by understanding their investment styles and needs.
·
Identify, develop and cultivate new
client relationships with institutional investors.
·
Communicate all relevant and critical
information to management in a timely manner
·
Provide written updates on the
business, sales, leads
·
Monitor bond trading activities and
advise on interest rate forecasts based on economic indicators
·
Provide market analysis and direction
on fixed income trading cycles
·
Any other duties that may be
allocated by management from time to time.
Qualifications and experience
·
Bachelor’s Degree in Business,
Finance, Economics, Actuarial Science, Computer science or any other related
degree from a recognized University
·
Over three (3) years’ experience in
corporate bonds and equity sales & trading preferably with a leading
brokerage firm.
·
Thorough knowledge of financial
markets, back office operations, trading strategies and settlements in relation
to bond markets.
·
Strong sales and business development
skills
·
Ability to make real time trading
decisions weighing complex circumstances under considerable time pressure
·
Strong interpersonal, communication
and presentation skills
·
Has an established and strong book of
business with solid buy-side relationships
·
Self-motivated, disciplined,
assertive and able to work independently in a fast paced, competitive
environment
·
Must possess the highest level of
integrity, strong analytical skills and critical thinking skills
·
Ability to exercise good judgement,
show initiative and be proactive.
·
A team player able to work cohesively
with management, customers and staff
Senior Equities Trader
Reporting to the Head of Trading,
this is a revenue generation position responsible for equities trading,
client’s acquisition and retention while adhering to the set regulations.
The key objectives
for this position are: -
·
Identify, develop and cultivate new
client relationships with High Net-Worth Individuals, local and foreign
institutional investors.
·
Creatively develop and implement
short and long term equities sales and trading strategies to achieve revenue
goals
·
Timely execution and settlement of
all equities trades.
·
Communicate all relevant and critical
information to management in a timely and effective manner and in compliance
with the Old Mutual Securities, NSE & CMA procedures
·
Proactively maintaining and managing
current client relationships.
·
Provide written updates on the
business sales & leads.
·
Prepare and circulate the Turnover
Report on a daily basis.
·
Source for block trades for and from
institutional clients.
·
Daily Monitoring of market
information and stock price movements and provide creative and viable solutions
to client needs
·
Efficiently troubleshoot issues with
the trading unit and be proactive in their resolution
·
Any other duties that may be
allocated by management from time to time.
Qualifications and experience
·
Bachelor’s Degree in Business,
Finance, Economics, Actuarial Science, Computer science or any other related
degree from a recognized University
·
Over five (5) years’ industry
experience in equity sales & trading.
·
Thorough knowledge of financial markets,
equity operations, trading strategies and settlements
·
Ability to make real time trading
decisions weighing complex circumstances under considerable time pressure.
·
Has an established and strong book of
business with solid buy-side relationships
·
Strong interpersonal, communication
and presentation skills
·
Has an established and strong book of
business with solid buy-side relationships
·
Self-motivated, disciplined,
assertive and able to work independently in a fast paced, competitive
environment
·
Must possess the highest level of
integrity, strong analytical skills and critical thinking skills
·
Ability to exercise good judgement,
show initiative and be proactive.
·
A team player able to work cohesively
with management, customers and staff
How to Apply
Interested candidates who meet the above requirements are requested to submit their applications via email to recruit@oldmutualkenya.com on or before 7th January 2015.
Interested candidates who meet the above requirements are requested to submit their applications via email to recruit@oldmutualkenya.com on or before 7th January 2015.
The application should include a cover letter and detailed curriculum vitae listing three professional references.
Attractive performance based remuneration will be offered to the successful candidate.
ONLY qualified short-listed candidates will be contacted.