Aug 7, 2018
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
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
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
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:
Data Gathering and Analysis
Project Management
Research and Analysis
Microsoft Office Packages.
Behavioural Competencies:
Collaboration
Inter-Personal Relations.
Apply via :
https://www.myjobmag.com/job/99625/unit-head-inspection-amp-examination-nigerian-stock-exchange