Equity Trader at Jemi Neil Consulting

JOB SUMMARY

• Generate alpha through the execution of equity trade strategies on behalf of the company, i.e. analysing market trends and implementing trading strategies to maximize returns.

JOB RESPONSIBILITIES

• Develop and execute proprietary trading strategies for local and foreign equities.
• Conduct thorough research and analysis of NGX-listed companies, including financials, market trends, and industry dynamics.
• Identify and seize trading opportunities using fundamental and technical analysis.
• Efficiently execute trades via our trading platform.
• Monitor portfolio performance and risk metrics, ensuring compliance with investment guidelines.
• Stay updated on market news, regulatory changes, and economic data affecting the Nigerian stock market.
• Produce regular trading reports for analysis and performance evaluation.
• Contribute to refining the firm’s equity trading models and strategies.
• Cultivate strong relationships with brokerage firms and market counterparts for value optimization.
• Provide management with comprehensive updates and reports on trading activities.

KEY PERFORMANCE INDICATOR (KPI)

• Alpha Generation: Measure the profitability of trades executed against benchmark indices and generate above 15% of funding costs.
• Risk Management Adherence: Assess adherence to risk parameters and trading strategies to ensure risk mitigation.
• Trade Execution Efficiency: Evaluate the timeliness and accuracy of trade execution to optimize outcomes.
• Portfolio Performance Monitoring: Track portfolio performance against predefined benchmarks and objectives.
• Market Awareness: Gauge the effectiveness of staying updated on market news, regulatory changes, and economic data.
• Reporting Accuracy: Ensure the accuracy and comprehensiveness of trading reports for analysis and performance evaluation.
• Relationship Building: Assess the strength and effectiveness of relationships cultivated with brokerage firms and market counterparts.

COMPETENCE:

• Strong understanding of equity markets and trading strategies.
• Proficiency in technical analysis tools and trading platforms.
• Excellent analytical and decision-making skills.
• Ability to work well under pressure and in fast-paced environments.
• Strong communication and interpersonal skills.
• Knowledge of regulatory requirements related to equity trading

JOB REQUIREMENTS

• Bachelor’s degree in finance, economics, or a related field.
• 5-8 years minimum experience as an equity trader or in a similar role.
• Proven track record of successful trading performance.
• Authorized Dealer
• Relevant certifications such as Series 7, Series 55, or CFA, preferred