Market Surveillance Lead at Nairobi Securities Exchange

Overall Purpose

The selected candidate will conduct market surveillance on a broad range of listed securities to maintain a fair, efficient and transparent market..

Key Duties and 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 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 violating 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 reports and quarterly market surveillance reports.
• Review and prepare preliminary reports on material announcements made by listed companies to ascertain compliance with the NSE's continuous reporting obligations;
• Monitor and review 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.
• Assist the Manager, Compliance & Surveillance in reviewing and analysing the quarterly, 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
• Undertake financial analysis of financial statements submitted to the Exchange by listed companies and trading participants

Competencies

• Bachelor’s degree in Mathematics, Commerce, Business Management, Business Studies, Economics, Law or equivalent from a relevant field;
• Minimum two (2) years of relevant work experience in the capital markets; and
• Possession of professional qualifications such as CPA, CISI, CFA or FA.

Experience

• Must possess strong analytical skills and strong work ethic.
• 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