Surveillance Officer at Nairobi Securities Exchange

Overall Purpose

The selected candidate will be responsible for conducting market surveillance on a broad range of listed securities with a view to maintain a fair, efficient and transparent market.

Responsibilities

• Carry out real time surveillance of listed securities and provide an early warning alert on market irregularity detected;
• Examine transactions showing irregular movements based on day-to-day surveillance of market movements and information obtained from various sources including public and undisclosed information affecting a listed security;
• Monitor trading, order matching and ensure that stockbrokers/ ATS operators comply with the NSE Trading Rules;
• Monitor and review print and electronic media reports and other relevant sources of information to identify securities requiring detailed analysis and investigation;
• Identify exceptions to usual patterns of dealing and recommend further investigations against market participants involved in dubious deals in violation of NSE and CMA laws, rules and regulations;
• Identify people and early warning signs of unlawful conduct to prevent infractions and protect investors;
• Assist the Surveillance Manager in the preparation of the daily surveillance report;
• Monitor and review both manual and electronic newspaper reports, magazines, journals bulletin boards and other relevant information sources to obtain a list of stocks that have drawn major attention and concern to shareholders for detailed analysis and investigation;
• Undertake financial analysis of financial statements submitted to the Exchange by listed companies and trading participants; and
• Assist in monitoring, scrutinize and record all trading activities and also match information about people and events, keep track of the identity of key active participants and other insiders or persons with access to non-public information; look for early warning signs of unlawful conduct to prevent infractions and protect investors thus avoiding the need to prosecute wrongdoers after the fact.

Qualifications

• Bachelor’s degree in Commerce, Business Management, Business Studies, Economics or equivalent from a relevant field.
• Minimum two (2) years relevant work experience in the capital markets.
• Possession of professional qualifications such as CPA, CISI, CFA or FA will be an added advantage.
• Must possess strong analytical skills and strong work ethics.
• Knowledge of the capital markets
• Good interpersonal skills
• Working knowledge of the Trading Systems
• Planning and organisation skills
• Communication, information gathering, and presentation skills
• Conflict resolution skills
• Proficiency in Microsoft Office Suite
• Quality and time consciousness