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:
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.