The Nairobi Securities
Exchange (NSE) is a company licensed by the Capital Markets Authority (CMA) to
facilitate the trading of financial products through the provision of a trading
platform for listed securities.
In line with this, the NSE is
seeking to recruit suitably qualified, dynamic, self- motivated and results-
oriented individuals to fill the following position:
Excellent
Career Opportunity: Business Development and Commercial Director
Key Duties and
Responsibilities
1.
Provide strategic direction and guidance to enhance existing
cash products and develop new cash products and markets in a sustainable and
profitable way;
2.
Drive revenue growth for new cash products;
3.
Develop key and strong business networks amongst key industry
stakeholders that include the regulators, fund and asset managers, senior
executives of both listed and unlisted companies, nominated and transaction
advisers, and major advisory firms that include legal and audit firms and
effectively build client trust with the ability to leverage existing
relationships and contacts within the industry;
4.
Grow the supply side through identifying potential issuers,
selling the benefits of listing at the exchange and implementing new strategic
initiatives targeting business growth including, new acquisitions,
establishment of new trading platforms and products and increased number of
listed companies;
5.
Continually research in order to identify present and future
infrastructure and market challenges and needs of the Exchange and develop
strategies to meet these challenges and needs;
6.
Provide cross functional leadership of the administrative,
technical and regulatory teams involved in key business and implementation of
new cash products, listings and markets for the NSE;
7.
Co-ordinate the review, redesign and implementation of the data
vending concept, including product segmentation, pricing, promotion and vendor
sign;
8.
Direct the formulation, production, and distribution of all
information on products;
9.
Explore, develop and maintain strategic linkages with funding
agencies and maintain and improve strategic relationships with other Securities
Exchanges;
10.
Implement strategic regional cross listing plans and programs
aimed at integrating the East African Securities Exchanges;
11.
Oversee the smooth running of the Business Development and
Commercial Department, including appropriate budget management, efficient
processes and proper stakeholder and team management; and
12.
Perform any other duties as may be assigned from time to time.
Minimum qualifications and
desired skills
1.
Bachelor’s degree in law, finance, Marketing, Economics or
similar disciplines from a reputable university; a Master’s degree would be an
added advantage.
2.
Minimum eight (8) years’ experience in a financial services
sector preferably in a revenue division and a product/ business development
role;
3.
Professional qualification such as CFA, CISI, CIM, CPA or
equivalent; and
4.
Membership to a relevant professional body.
Key Competencies
1.
Well-developed leadership and mentoring skills;
2.
Excellent knowledge of the rules and regulations governing the
financial markets in Kenya and globally;
3.
Working knowledge of the mechanics of the Kenyan capital market;
4.
Strong sense and high definition of the customer;
5.
Ability to research, develop proposals, concept papers, position
papers preparation of relevant reports and presentations;
6.
Positive, Self-driven, Passionate, Go-Getter, Extra mile
achiever with good communication skills;
7.
Proven and consistent track record of delivering on key/critical
targets within set timeframes; and
8.
Proficiency in computer application such as Microsoft word,
Power Point, Internet and Outlook Express.
Head of Internal Audit
Overall Purpose: The incumbent will
provide the Audit, Risk and Compliance Committee with an objective and
independent assurance and at the same time offer consulting role designed at
adding value and improving the NSE’s operations.
The Head will be responsible
for developing and implementing independent, systematic and objective audit
reviews and programmatic evaluations of business policies, systems, processes
and practices to assess the effectiveness of internal controls and degree of
compliance as well as identifying organisational gaps & deficiencies, and
ensuring that good corporate governance practices are implemented to enhance
the NSE’s credibility and brand.
Key Duties and
Responsibilities
1.
Provide strategic and thought leadership in the development and
implementation of internal audit strategies, policies and procedures to achieve
the Exchange’s objectives;
2.
Provide leadership, coordinate and supervise audit team to
ensure implementation of audit plans as approved by the Audit, Risk &
Compliance Committee including preparation of individual assignment audit plan;
3.
Prepare risk based annual audit plans aligned to the Exchange’s
objectives for continuous audit of the organisation’s risk management, internal
controls, governance process and financial statements;
4.
Ensure that NSE’s products and related processes meet the
required standards, procedures, processes and contractual obligations by
ensuring that routine audits are conducted;
5.
Planning and ensuring execution of system, financial,
operational, compliance audits, management audits;
6.
Preparation of final reports, clearance of any audit queries
with various Heads of Departments and the Chief Executive and circulation to
the Audit, Risk & Compliance Committee;
7.
Evaluate the adequacy of internal controls by conducting
protective and constructive audits of controls mechanisms, financial records,
administrative procedures, workflow process as well as MIS and security systems
to ensure that all assets of the Exchange are properly accounted for ;
8.
Analyse data and information from NSE departments for evidence
of deficiencies and weaknesses in internal controls, duplication of effort,
extravagance, fraud or lack of compliance with approved policies and laws and
regulations and vendor agreements; and
9.
Establish and maintain good working relationships with all
stakeholders to ensure that the all audit issues and risks are being addressed
and that expectations are being met or exceeded.
Minimum qualifications and
desired skills
1.
Bachelor’s degree in Accounting, Finance, Auditing or Business
Administration from a recognized institution; a Master’s degree would be an
added advantage;
2.
Professional qualifications such as CPA, ACA, ACCA, CIMA or
equivalent;
3.
Other Professional qualification in audit, information systems,
fraud and investigation e.g. CISA, CFE, CFA would be an added advantage;
4.
Must be a member of the Institute of Certified Public
Accountants of Kenya (ICPAK) in good standing;
5.
Minimum six (6) years relevant professional experience in the
areas of accounting, auditing, compliance supervisions and risk management
gained from an organization with strong internal control frameworks, preferably
within the financial services industry;
6.
In-depth knowledge of the International Financial Reporting
Standards (IFRS), International Standards on Auditing (ISAs) and International
Standards for Professional Practice of Internal Auditing is a must.
Key Competencies
1.
Good knowledge of the Kenyan capital markets' systems,
technology and risk framework;
2.
Good knowledge & understanding of the capital markets
regulatory framework;
3.
Sound understanding and working knowledge of financial
information systems e.g. ACCPAC or similar system;
4.
Hands-on experience in carrying out information systems audits;
5.
Hands-on experience in the use CAATs (Computer Assisted Audit
Techniques) ;
6.
Ability to provide timely and accurate information on matters
related to audit without compromising the independence or objectivity of the
risk management function;
7.
Ability to maintain confidentiality of privileged information
and to ensure absolute discretion and sensitivity to confidential matters.
How to Apply
If you are up to the
challenge 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 & addresses of
three referees and email & telephone contacts together with copies of your
academic and professional certificates and testimonials to the address below by
close of business on Friday, 9th June 2017.
The Chief Executive
Nairobi Securities Exchange Limited The Exchange,
Nairobi Securities Exchange Limited The Exchange,
55 Westlands Road
P.O. Box 43633-00100
Nairobi
Nairobi
Email: recruitment@nse.co.ke
Dropping Zone No. 243 Revlon
Professional Plaza, 2nd Floor
Only shortlisted applicants
will be contacted.