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Trader at Meristem Securities Limited

Meristem Securities Limited is a leading capital market conglomerate that offers Wealth Management services, Stockbroking services, Registrar services, Trustee services and Investment Banking services to our clients.

We are recruiting to fill the position below:


Job Title: Trader

Location: Lagos
Job Type: Full Time
Specializations: Banking / Finance / Insurance, Business Development / Analysis

 Job Summary

  • To design workflow within the department and ensure each job unit provide minimum challenge and adequate motivational ingredients.
  • To monitor daily workflow from account opening to delivery of stock position/payment.

Job Description

  • Buying and selling securities on behalf of clients and the company.
  • Evaluating trading algorithms.
  • Implementing effective trading strategies.
  • Assisting the company to attract new clients by maintaining and enhancing marketing materials.
  • Work in a fast-paced technology-based trading environment with daily interaction across multiple business units.
  • Ownership of the daily/intraday trade, position, and reconciliation.
  • Build and maintain strong relationships with the exchanges, regulators, clearing firms and counterparties.
  • Perform ad hoc project work as needed.
  • Working with quantitative researchers to improve trading strategies.
  • Regularly monitoring portfolios to ensure that they are guideline compliant.
  • Create and maintain policies, business procedures, and practices to help ensure compliance with applicable laws and regulations.
  • Keeping abreast with changes in the economy and the financial market.
  • Any other assignment as may be assigned by your supervisor.

Job Experience

  • Bachelor's Degree in Finance, Accounting, Economics, or related field
  • Minimum professional qualification is ACS and an Authorized Dealing Clerk of the Nigerian Exchange Limited.

Competence Requirements:

  • Proven trading experience.
  • Attention to details
  • Excellent presentation and decision-making skills.
  • Multitasking ability and proper task priority management
  • Ability to work independently and with a team
  • Excellent verbal and written Communication
  • Proven trustworthiness and performance under the highest ethical standards.
  • Must have hands-on trading experience.
  • Strong entrepreneurial spirit and business acumen.
  • A solid understanding of financial markets.
  • Demonstrate strong analytical, quantitative, and technological skills.
  • Ability to work in a high-pressure/fast-paced work environment.

Skills / Knowledge:

  • Ability to use EFA Horizon trading software of the Nigerian Stock Exchange.
  • Strong numerical skill and ability to interpret basic accounting indices.
  • Ability to multi task and work for long hours.
  • Strong inter-personal relationship and good communication skill.
  • Good understanding of the working of Nigerian Macro-Economic indices
  • Good understanding of the equity/capital market dynamics.
  • A sound knowledge of the Rules and Regulations of The Nigerian Stock Exchange and SEC


  • Ability to lead by example.
  • Must possess good listening skills
  • Good communication skill.
  • Ready to learn and innovative
  • Must be transparent and of honest disposition.
  • Must always place client's interest above personal interest.
  • Must act in the best interest of the firm in tandem with the market rules.


How to Apply
Interested and qualified candidates should:
Click here to apply

Application Deadline  15th August, 2022.

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