Saturday, October 13, 2012

NSE Managerial Jobs in Kenya


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. 
We do this through providing a world class trading facility. In line with this mandate, the Exchange is seeking to recruit qualified, dynamic, self- motivated and results- oriented individuals to fill the following positions:

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.
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.