Job Summary
The proprietary trader’s primary duty involves strategically allocating and overseeing the firm’s capital across diverse asset classes to drive profitability, all while strictly complying with established risk management protocols.
This position entails designing, validating through historical data, and implementing advanced trading strategies grounded in both technical and fundamental analysis, while maintaining vigilant oversight of market trends and utilizing cutting-edge trading technologies and platforms.
The role, based in the Investments department, demands robust analytical capabilities, keen commercial insight into the Nigerian capital markets, and seamless collaboration with risk management professionals and the wider investment team to foster strategic portfolio expansion.
Oversee the completion of primary duties, ensuring alignment with organizational objectives and maintaining high standards of quality. Serve as a central point of coordination, liaising between departments to streamline workflows and enhance collaboration. Develop and implement strategic initiatives to optimize processes, drive efficiency, and support long-term growth. Conduct regular performance evaluations to identify areas for improvement and foster professional development among team members. Maintain compliance with industry regulations and internal policies while ensuring all deliverables meet established deadlines and quality benchmarks.
Execute transactions for multiple asset classes utilizing the firm’s proprietary capital.
Formulate and execute trading strategies grounded in technical and/or fundamental analysis.
Regularly assess market dynamics and adapt strategies in response to performance metrics and evolving conditions to maintain competitive advantage.
Oversee and regulate risk exposure to ensure alignment with established internal risk management protocols.
Stay current with the latest market developments, economic trends, and advancements in trading technologies to ensure informed decision-making.
Compile comprehensive performance reports on a daily, weekly, and monthly basis to provide actionable insights and track key metrics effectively.
Work alongside fellow traders, analysts, and risk managers to foster a collaborative environment and drive cohesive decision-making across teams.
Conduct historical performance evaluations of strategies and refine models to optimize profitability.
Seeking a candidate with a minimum of three years of experience in a relevant field, along with proficiency in project management software. The ideal applicant should possess strong analytical and problem-solving skills, demonstrated through prior roles. Excellent communication abilities, both written and verbal, are essential for collaborating with cross-functional teams. Familiarity with industry-specific regulations and standards is highly desirable. Additionally, the role requires the ability to prioritize tasks efficiently and meet deadlines consistently. Candidates must hold a bachelor’s degree in a related discipline or an equivalent combination of education and experience.
A Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or a closely related discipline is required.
Minimum of five years of active trading experience within a proprietary trading setting or an analogous financial position is required.
Professional certifications such as the CFA or FRM are highly beneficial.
Proficient in Nigerian capital market instruments and regulatory trading guidelines.
Fluency in trading platforms, including X-Gen (NGX trading engine), Bloomberg (when accessible), or proprietary trading terminals, is required.
Proven ability to analyze complex data and derive meaningful insights through quantitative methods.
Proven expertise in financial markets, instruments, and trading methodologies is essential.
Strong proficiency in risk management and strategic decision-making is essential.
Demonstrates exceptional ability to communicate clearly and collaborate effectively with colleagues at all levels.
To initiate the application process, please utilize the designated method for submission as outlined in the job posting. Ensure all required documentation is included and that the application is submitted by the specified deadline to be considered for further review. Failure to adhere to the submission guidelines may result in the application not being processed.
To submit your application, kindly utilize the provided link(s) on the company’s official website.
Qualifications
BA/BSc/HND
Experience Required
5 years
