Job For Unit Head - Inspection & Examination at Nigerian Stock Exchange, 25th July, 2018

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The Nigerian Stock Exchange, services the largest economy in Africa, and is championing the development of Africa’s financial markets. The Exchange offers listing and trading services, licensing services, market data solutions, ancillary technology services, and more. It is an open, professional and vibrant exchange, connecting Nigeria, Africa and the world. We are recruiting to fill the position below:     Job Title: Unit Head - Inspection & Examination Location: Lagos Report to: Head, Broker Dealer Regulation Division: Regulation Department: Broker Dealers Regulation Department Grade: Unit Head - I & E Estimated Date Of Resumption: Monday, September 3, 2018 Job Summary

• The individual would be required to have a thorough understanding of the Nigerian capital market rules and regulations, broad inspections and examinations or audit experience, as well as a strong analytical background, including stellar academic credentials.
• Identify and implement effective controls to mitigate risk in function specific areas.
• Provide quality service, efficient and effective decision making.

Key Responsibilities

• Provide assurance on the integrity of the inspections and examinations processes
• Liaise with relevant departments and units within the Exchange in the course of inspection and examination related activities
• Review of inspection reports prepared by other members of the inspection team
• Assessment of Dealing Member Firms to ensure that they maintain the requirements of their membership status
• Review Dealing Members financial performance
• Review Dealing Members compliance profile with the NSE market rules
• Track recommendations in inspection reports and liaise with the Monitoring and Enforcement unit to implement enforcement actions as appropriate
• Initiation of disciplinary procedures against defaulting market participants on completion of on-site inspections
• Maintain a schedule of on-site and ad-hoc inspections
• Perform other tasks as assigned by the Head of the Department
• Conduct Off- site and On-site inspections and examinations of Dealing Member Firms in line with The Exchange’s risk based supervision framework and preparing inspection reports within the stipulated timelines
• Manage the implementation of the inspections and examinations programme
• Develop KPI’s for team members and provide the required leadership to drive an effective inspections programme
• Conduct pre- trade inspections of newly licensed firms to confirm that all requirements are met before clearance to commence trading can be granted
• Conduct pre-branch opening inspections to ensure that Branch and Representative Offices of Dealing Members meet the standards set by The Exchange
• Conduct Spot checks and other ad-hoc inspections where necessary
• Conduct off site reviews / financial analysis of audited accounts/ returns

Qualifications and Experience

• At least 7 years of overall professional auditing and financial management experience; practical capital market operations or financial services experience in a similar environment.

Functional Competencies:

• Research and Analysis
• Microsoft Office Packages.
• Data Gathering and Analysis
• Project Management

Behavioural Competencies:

• Collaboration
• Inter-Personal Relations.

    How to Apply Interested and qualified candidates should: Click here to apply   Application Deadline 7th August, 2018.

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