Product Manager, Fixed Income & Currencies Markets at the Nigerian Stock Exchange (NSE)

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.We are recruiting to fill the position below:Job Title: Product Manager, Fixed Income & Currencies MarketsLocation: LagosDivision: Trading Business Division Department: Secondary Market DepartmentReport to: Head - Secondary Markets Department Grade: Assistant Manager - ManagerEstimated Date of Resumption: Monday, September 2, 2019Job SummaryThe 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 Product Manager, Fixed Income & Currencies Market will be responsible for driving, designing and developing Fixed Income related products on the Exchange.He/She will also oversee all functions pertaining to the Fixed Income product line with the overall goal of ensuring that Fixed Income products 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 department. The Product Manager will have revenue drive responsibility for the Exchange’s Fixed Income Products line.The role includes responsibility for the day-to-day management of the Bonds market and support to the creation/delivery of new Fixed Income products and markets.The Product Manager will serve as the “Product Champion” 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 Fixed Income Market Programme and will ensure the success of these programme by working with all stakeholders (both internal and external).The position is situated Nigeria with a global focus to cover both local and international buy and sell side participants.Key ResponsibilitiesContinuous enhancement of the Bond Market micro-structure, as well as development and introduction of new Fixed Income Product lines/marketsDevelop and drive Fixed Income product lifecycle, from creation to launch/operational, as well as product excellence and usage (product management of the market)Manage functional market specifications for the product line and product literaturesDevelop the market micro-structure (in areas such as transaction fees, market access and market quality) to increase product profitabilityCatalyze the adoption of global best practices in sales practice, order handling, trade execution, trade reporting, and other initiatives that will enhance the client experience when interacting in the marketLiaise with the Market Operations and Technology Services to ensure system compatibility with market structure enhancements in support of the Fixed Income product suiteWork with market participants to increase market liquidity in Bonds and other Fixed Income Products; and consider questions such as length of trading hours, circuit breakers, best execution statistic, Opening and Closing auctions, etcDrive review and amendment of trading rules as necessary, to promote fair and orderly trading in Fixed Income ProductsMaintain relationships with broker-dealers, Institutional Investors (PFAs, CPFAs, Insurance companies, managed funds, portfolio managers, etc) and other trading participants locally and internationallyServe as a proactive resource to other areas of the organization in order to educate and train them on product attributes and new initiativesCoordinate and operate investor education programmes in partnership with other stakeholders on Bonds and other Fixed Income productsUnderstand drivers of order flow to the ExchangeCoordinate 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 occursServe as ambassador and product line expert to internal/external partiesAnalyse new product ideas in conjunction with institutional/wholesale distribution and marketing firms to determine success potentials and uniqueness within the industryMonitor/interpret product pricing trends and recommend appropriate strategiesUnderstand product profitability goals and provide inputs to appropriate financial areasAssist in driving the development process once a new product has been approved by all functional areasProvide insight and assist marketing on an on-going and proactive basis with respect to product positioning and communication strategiesContinuously monitor industry trends and competitive environment; recommend initiatives to strengthen market positionDevelop product papers and requisite research papers in support of the objectives of the department Preparation of presentations for ExCo and other key stakeholders 

Apply at https://ngcareers.com/job/2019-07/product-manager-fixed-income-currencies-markets-at-the-nigerian-stock-exchange-nse-944/