Equity Trader at African Industries Group (AIG)

Job Title: Equity Trader

Activities

• Manage equity orders in a risk-controlled manner as a fiduciary and contribute to the investment process to reduce transaction costs and identify outperformance opportunities.
• Establish equity trading strategies and processes for rebalancing, manage risk and trading positions, and stay alert to liquidity and flow issues.
• Buy and sell equity securities by utilizing short term automated trading models .
• Monitor the capital market for news, potential disruptions, opportunities, and business implications.
• Creates strategies for buying and selling of shares on the equity market.
• Participate in bidding based on knowledge of the market dynamics of the industry or of the relevant stock.
• Analyse and resolve escalated trading discrepancies and unconfirmed trades.
• Evaluate orders and follow up on completion of trade orders.
• Handle multiple trading venues and markets and establish action plans to enhance relationships with counterparties.

Candidate Profile

• Bachelor’s Degree in Finance, Accounting or any related discipline
• Minimum of three (3) years relevant post-qualification experience
• Professional certification, e.g. CISA, CIMA, ACCA, ACA, CFA or other relevant professional certificate is an added advantage
• Significant experience in fixed income trading, preferably in a financial securities firm or investment bank, with a strong track record of successful trades and risk management.
• In-depth understanding of fixed income markets, including different types of fixed income securities, yield curve dynamics, credit analysis, and market liquidity.
• Familiarity with financial derivatives and structured products is also beneficial.
• Strong quantitative and analytical skills to analyze market data, assess risk-reward profiles, and develop effective trading strategies.
• Proficiency in using financial models, spreadsheets, and data analysis tools is essential.

Application Instructions:

The application deadline is 21st October 2024. Therefore qualified and interested candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.