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Market Surveillance Officer at the Nigerian Exchange Group (NGX Group)

Nigerian Exchange Group (NGX Group) is a leading financial market infrastructure provider in Africa, connecting Nigeria, Africa and the world.

We are recruiting to fill the position below:

Job Title: Market Surveillance Officer

Location: Lagos
Employment Type: Full-time

Job Summary

  • We are seeking an exceptional and highly motivated individual to work collaboratively in the development and implementation of Market Surveillance plans and strategies for the Market Surveillance Unit.
  • He/She will support the team with objectives of providing assurance on integrity of Market Surveillance processes.
  • The successful candidate will report to Team Lead, Market Surveillance.

Responsibilities

  • Actively participate in monitoring the markets to detect anomalies, review market alerts, as well as address market participant inquiries;
  • Carry out regular surveillance reviews to ensure that NGX Group’s trading systems are operating optimally to achieve market efficiency consistent with applicable regulations;
  • Carry out first level investigations of identified surveillance alerts signifying potential violations of market rules recommend for further actions;
  • Assist in development and implementation of Market Surveillance plans and strategies;
  • Review results of post trade analysis for unusual market events and trading behaviour, escalating outcomes; including issues that require physical inspections;
  • Support investigation efforts of tips, referrals, as well as complaints from Market participants;
  • Ensure updates to Market rules are implemented.
  • Gather and generate Market intelligence to support recommendations for management decisions.

Person Specification & Required Qualification(s)

  • HND / Bachelor’s Degree in in Finance, Economics, Statistics, Computer Science or any related field;
  • Professional certification(s) such as ACCA, ACA, CPA, CFA, CIS is an added advantage;
  • Minimum of 4 years’ cognate experience in Market Surveillance, Compliance, or a related field within the financial industry;
  • Significant knowledge of Capital Market operations, with familiarity on the trading rules of NGX Regulation;
  • In-depth understanding and practical knowledge of NGX and SEC rules and regulations, Market Structure, Trading Platforms, Surveillance Systems and Financial Instruments;
  • Experience as a “Securities Trader” is desired.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: talentmanagement@ngxgroup.com using the Job Title as the subject of the mail.

Note: Only shortlisted candidates will be contacted.

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Written by Joe

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Team Lead, Investigations at the Nigerian Exchange Group (NGX Group)

Regional Legal Officer at Wema Bank Plc