The Nigerian 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.
ETF Product Manager
Job TypeFull Time
QualificationBA/BSc/HND MBA/MSc/MA
Experience10 years
LocationLagos
Job Field Finance/ Accounting / Audit Project Management
Job Description
Division: Capital Market Division
Department: Secondary Market Department
Role: Exchange Traded Funds (ETF) Product Manager
Location: Lagos
Report to: Head - Secondary Markets Department
Grade: ETF Product Manager
ESTIMATED DATE OF RESUMPTION: Friday, March 31, 2017
JOB SUMMARY
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. The Nigerian Stock Exchange is seeking a dynamic and experienced individual who has a deep understanding ofthe competitive landscape in the relevant financial markets as ETF Product Manager. The ETF Product Manager will lead and guide the review /creation of ETF frameworks for scope of work, proposals, and research and business cases. He/She will oversee all functions
pertaining to the ETF product line with the overallgoal of ensuringthat ETFs are appropriately priced, positioned, promoted, and supported in a way that will increase order flow as measured by number of transactions, trading volume and value in line with the overall goals of the product management department and will have responsibility for margins made on ETF Product line. The Product Manager will also be responsible for the NSE Index business. He/She will focused on the development and calculation of indices and play a lead role in developing new indices and implementing custom index requests. The Product Manager will becomethe “Product Advocate” by proactively disseminating related information while communicating the product message. He/She is expected to stay abreast of the competitive landscape and industry trends (utilizing internal
and external data/information resources) to create a competitive platform that enables stakeholders realize their investment objectives. The Product Manager will own and drive the ETF product line and ensure the success ofthese programmes by developing and maintaining relationships with ETF market participants and relevant external and internal stakeholders. He/She will obtain and maintain knowledge of ETF client business. Set up and attend stakeholder visits and conduct stakeholder presentations. The position is situated Nigeria with a global focus to cover both local and international buy and sell side participants.
KEY RESPONSIBILITIES
Liaise with fund experts to consistently develop and manage an array of offerings under ETF product lineto meet the needs of the investing community and assimilate market feedback into new product development and positioning of existing ETFs
Define the Exchange’s growth strategy and execution plan for the ETF product line to drive product sales & profitability
Perform data analysis, such as trend and behaviour analysis related to the financial services industry and ETFs product development in general. Using the outcome of analysis and research, underpin recommendations for creating, developing, maintaining and enhancing NSE
ETFs Market product development
Responsible for the design and implementation of new ETF Product initiatives: Draft relevant documentation, perform analysis, research and carry-out appropriate planning with cross-market collaboration in mind, when relevant. Coordinate activities of ETF liquidity providers to appropriate their functions in promoting liquidity and market efficiency
Enhancethe market micro-structure (in areas such as transaction fees, index licensing fees) to increase product profitability
Advocate transparency of ETFs listed on The Exchange by ensuring they observe documentation requirements in terms of structure, exposures and fair value at all times
Liaise with index providers covering the Nigerian market or NSE index committee to ensure the providers meet a strong market demand for new and innovative indices to support ETFs across theasset class
Maintain the MSCI relationship and work with MSCI by contributing meaningfully to the analysis, evaluation and NSE product vision of NSE/MSCI index offering
Work with clients to implement custom index requests and co-develop custom index solutions
Responsible for performance i.e. turnover & margins of ETF trading on The Exchange
Liaise with the Market Operations and Technology Division to ensure system compatibility with market structure enhancements in support of the ETF product line and other business partners as necessary
Create, review and amend ETF trading rules as necessary, to promote fair and orderly trading in ETF
Manage key relationships with other stakeholders, Broker-Dealers, Market Makers, Institutional Investors (PFAs, CPFAs, Insurance companies, managed funds, portfolio managers, etc.) and other trading participants locally and internationally
Develop and maintain a broad knowledge and awareness of trading industry developments, competitors, regulator rules that impact ETF trading
Proactiver disseminate investment and product resources to other areas ofthe organization in order to educate and train Internal/External stakeholders on Product attributes and new initiatives
Coordinate and operate investor education in partnership with other stakeholders
Understand drivers of ETFs order flow to the Exchange
Coordinate and partner with the other product development team members in conjunction with other stakeholders, to design and price products, identify and address key issues that must be resolved before a successful product launch occurs
Serve as gatekeeper, ambassador and product line expert to internal/external parties
Analyse new product ideas in conjunction with institutional wholesale distribution and marketing firms to determine success potentials and uniqueness within the industry
Monitor/interpret product pricing trends and recommend appropriate strategies
Understand product profitability goals and provide inputs to appropriate financial areas
Assist in driving the development process once a new product has been approved by all functional areas
Provide insight and assist the Listing Sales and Retention team in marketing on an ongoing and proactive basis with respect to product positioning and communication strategies
Continuously monitor industry trends and the competitive environment; recommend initiatives to strengthen market position
Assist in the preparation of presentations for ExCo and other key stakeholders
FUNCTIONAL COMPETENCIES
Analytical Thinking
Strategic Research
Risk Management
Market Analysis
Capital Mkt Knowledge
Knowledge of Trading Platforms
BEHAVIOURAL COMPETENCIES
Attention to Detail
Problem Solving
Leadership
Time Management
QUALIFICATIONS AND EXPERIENCE
A first degree in quantitative or business related areas
A post graduate degree (M Sc or MBA) or professional certification and licenses (e.g. CIS, CFA, will be an added advantage
Minimum 10 years of experience in financial services industry or in an investment product management/marketing role, distribution-related role.
Product Support Analyst
Job TypeFull Time
QualificationBA/BSc/HND
Experience5 years
LocationLagos
Job FieldAdministration / Secretarial Project Management
Division: Capital Market Division
Department: Secondary Market Department
Report to: Head - Secondary Markets
Department Grade: Product Support Analyst
ESTIMATED DATE OF RESUMPTION
Friday, March 31, 2017
JOB SUMMARY
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. The Nigerian Stock Exchange, a leading Exchange in Africa that currently offers listing and trading in Equities, ETPs and Bonds, is searching for a Product Support Analyst. The Product Support Analyst will assist in all functions pertaining to the Product Management Department, with the overall goal of ensuring that all product lines get the necessary support, in line with the overall goals of the department. The Product Support Analyst will not be restricted to any product -line or unit of the department, but his/her responsibilities will cut across the product -lines. The candidate will ensure the success of the products by working with all stakeholders (both internal and external).
KEY RESPONSIBILITIES
Research & provide statistical reports on product (equities, fixed income, ETPs, derivatives/risk products) take-off/performance to be used for strategic planning sessions, presentations and Management briefings.
Research & provide reports on capital market products, and or data to be used for strategic planning sessions, presentations, marketing plan & Management briefings
Research & provide reports of industry best practice to be used by NSE/ad-hoc research proposals
Monitor and report on weekly performance of NSE-traded products
Liaise with other units and departments as and when necessary. Ensure efficiency of the department (administratively)
Perform other tasks as assigned by the Head of Department
Understand drivers of order flow to the Exchange
Coordinate and partner with the other Product Management team members in conjunction with other stakeholders, to identify and address key issues that must be resolved before a successful product launch occurs. Serve as gatekeeper, ambassador and product line expert to internal/external parties
Analyse new product ideas in conjunction with institutional wholesale distribution and marketing firms to determine success potentials and uniqueness within the industry
Monitor/interpret product pricing trends and recommend appropriate strategies
Understand product profitability goals and provide inputs to appropriate financial areas
Assist in driving the development process once a new product has been approved by all functional areas
Provide insight and assist marketing on an on -going and proactive basis with respect to product positioning and communication strategies
Continuously monitor industry trends and competitive environment; recommend initiatives to strengthen market position
Assist in the preparation of presentations for EXCO and all key stakeholders
FUNCTIONAL COMPETENCIES
Analytical Thinking
Strategic Research
Risk Management
BEHAVIOURAL COMPETENCIES
Attention to Detail
Problem Solving
Leadership
QUALIFICATIONS AND EXPERIENCE
A first degree in quantitative or business related areas
5 years of experience in financial services industry or in an investment product management/marketing role, distribution -related role
Method of Application
Use the link(s) below to apply on company website.
ETF Product Manager
Product Support Analyst
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