Company Info
Large organization
200 + Employees
Nigerian Exchange Group (NGX Group)
Nigerian Exchange Group (NGX Group) is a significant supplier of financial market infrastructure in Africa, linking Nigeria, Africa, and the rest of the globe.
1). Team Lead, Internal Control
Location: Lagos
Employment Type: Full-time
Job Summary
- We seek an individual who will be responsible for implementing control initiatives across NGX Group Plc. and its Subsidiaries.
- The Team Lead, Internal Control will report to Head Risk and Control.
Responsibilities
- Ensure internal operations are effective, efficient, and aligned with strategy;
- Implement an effective control environment at all organisational levels, including control activities tailored for defined processes and creating minimum requirements for all business areas;
- Conduct and directs reviews of organisation controls, operating procedures, and compliance with policies and regulations;
- Responsible for driving shared ethical values and developing a strong Internal Control culture among all employees;
- Manage and develop a comprehensive framework for assessing, identifying, monitoring, and minimising, internal control issues that could interfere with the organisation’s objectives and goals;
- Review and appraise soundness, effectiveness, and proper application of Accounting and Financial Controls, Compliance Procedures and Controls, and timeliness of documentation generation;
- Develop recommendations to strengthen Internal Controls and improve operational efficiency;
- Responsible for coordinating with stakeholders (internal and external) to align internal control procedures within the organisation;
- Establish and maintain strong working relationships across the organisation and other control groups, i.e. Risk Management, Audit, Compliance, Legal;
- Perform appropriate internal control reporting to the CEO, Executive Committee, Board Committees, and Board of NGX Group Plc,
- Assist in incorporating the concept of Nigerian Exchange Group Risk and Control Programme into ongoing audit programmes;
- Ability to work with Risk Management, Compliance, and Internal Audit and other departments within the organisation for effective controls.
Person Specification & Required Qualification(s)
- B.Sc. / HND Degree in Banking, Accounting, Finance, Economics, Business Administration or similar field;
- 8 – 10 years cognate experience in a similar role;
- Extensive knowledge of Internal Control, Risk Management, Audit, and Compliance, including demonstrated experience in the application of Internal Control disciplines;
- Demonstrated leadership and management ability in a complex organisation;
- Thorough knowledge of Internal Control principles and practices;
- Ability to work with business units to establish, maintain, and continuously improve Internal control capabilities;
- Demonstrate professional maturity and poise.
Application Closing Date
Not Specified.
Note: Only shortlisted candidates would be contacted.
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2). Financial Product Analyst
Location: Lagos, Nigeria
Job type: Full-time
Job Summary
- We are seeking a highly skilled and motivated Product Analyst, who will support the drive, design and develop products in the Nigerian Exchange Group Plc.
- She/he will also support all functions pertaining to product lines with the overall goal of ensuring products are appropriately priced, positioned, promoted, and supported in a way that will increase order flow as measured by number of transactions, trading volume and value in line with our strategy.
- The Product Analyst will work as a “Product Champion” by proactively disseminating related information whilst communicating the product message.
- She/he will be required to stay abreast of the competitive landscape and industry trends (utilisng internal and external data/information) to support the creation of a competitive platform that enables stakeholders realise their investment objectives.
- In addition, She/he will drive Product Development Programmes as well as ensure the success of these programmes by working with all relevant stakeholders.
Responsibilities
- Support continuous enhancement of Market micro-structure, as well as development and introduction of Product lines/markets.
- Support development and drive of product lifecycle, from creation to launch/operational, as well as product excellence and usage.
- Catalyse adoption of global best practices in sales practice, order handling, trade execution, trade reporting, and other initiatives that will enhance client experience when interacting in the market.
- Work with the Market Operations and Technology teams to ensure system compatibility with market structure enhancements.
- Work with market participants to increase market liquidity; and review enquiries such as length of trading hours, circuit breakers, best execution statistic, opening and closing auctions, etc.
- Assist to drive review and amendment of trading rules as necessary, to promote fair and orderly trading of Products.
- Support coordination and operation of investor education programmes in partnership with other stakeholders on market products.
- Understand drivers of order flow to the Nigerian Exchange Group Plc.
- Support coordination and partnership with the other product development team members in conjunction with other stakeholders, to design and price products, identify and address key issues that must be resolved before a successful product launch.
- Serve as an ambassador and product line expert to internal/external stakeholders.
- Research new product ideas in conjunction with institutional/wholesale distribution and marketing firms to determine success potentials and uniqueness within the industry.
- Support the Product Manager to monitor and interpret product pricing trends as well as recommend appropriate strategies.
- Understand product profitability goals and provide inputs to appropriate financial areas.
- Provide insights and marketing on an on-going proactive basis with respect to product positioning.
- Analyse competitive marketplace and industry trends to appropriately develop business strategies for revenue generation.
Person Specification & Required Qualification(s)
- First Degree in a quantitative or Business-related area.
- 2-5 years’ post NYSC experience in financial services industry or in an investment product management/marketing role, distribution-related role.
- Good business knowledge of Markets trading, settlement, middle and back-office systems.
- Experience in product development and management within the Financial Services Industry.
- Sound understanding of Capital Markets Business/Industry.
- Working knowledge of Microsoft Office, Reuters & Bloomberg platforms.
- Relevant experience in trading, sales and operations of Capital Market products.
- Good working knowledge on institutional and wholesale distribution channels.
- First class communication abilities and able to liaise across diverse stakeholder groups.
- Strong leadership qualities as well as ability to function effectively with a team.
- Knowledge of relevant legal policies, regulations and risk management.
- Thoroughness, attention to detail with a high sense of responsibility.
- Strong research, report writing and presentation skills.
- Excellent interpersonal skills and ability to engage effectively with C-level Executives.
- Focused and detail-oriented.
- Unquestioned ethics and integrity.
- Consulting experience in financial services within product development or investment management discipline will be a distinct advantage.
Deadline: Not Specified.
How to Apply: Interested and qualified candidates should send an updated Resume to: [email protected] using the job title as subject of the mail. eg: “NGX Recruitment – Product Analyst”.
Note: Only shortlisted candidates would be contacted.