Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
Kingdom Securities Ltd, a subsidiary ofThe Co-operative Bank of Kenya, is looking for to fill the position of:
Trader - Stockbroking
Job Summary
As a Trader, the role-holder will be required to use his/her discretion to best ensure that the client mandate is executed to the best of the client’s interests.
Main Duties
This challenging opportunity will include the following:.
Kingdom Securities Ltd, a subsidiary ofThe Co-operative Bank of Kenya, is looking for to fill the position of:
Trader - Stockbroking
Job Summary
As a Trader, the role-holder will be required to use his/her discretion to best ensure that the client mandate is executed to the best of the client’s interests.
Main Duties
This challenging opportunity will include the following:.
- Ensuring the timely upload of dealing book into the trading system.
- Trade execution; ensuring timely execution of buy/sell instructions on both equity and debt.
- Liaising with institutional clients, i.e. Fund Managers and Insurance companies with a view of getting back buy/sell equity orders and matching them.
- Fixed income trading and sales in secondary bond market.
- Liaising with institutional clients i.e. Fund managers, Commercial Banks, Insurance companies and other corporate clients with a view of getting bond positions and subsequently matching them.
- Offering the firm’s institutional and corporate clients in both equity and debt advisory.
- Overseeing all operational back office processes for executed trades i.e. dispatching trade confirmations and contract notes to the HNWI, Fund managers and commercial banks etc by end of day.
- Provide insight on the prevailing market sentiment and direction.
- Supporting the business development team when dealing with the SACCOs by providing market insight and information.
- Assisting the firm’s clientele in managing and monitoring their portfolio performance.
- Prepare and dispatch to Clients quarterly investment reports incorporating economic and market overview, current portfolio valuation, transactions during the quarter, performance and strategy for the following quarter.
- Assist the research team in undertaking analysis through sharing of information from own sources.
- Proactively search for new investment opportunities and bring them for attention of research department for analysis.
Job Specification
The incumbent will be required to possess the following attributes/skills:
The incumbent will be required to possess the following attributes/skills:
- A strong academic background in a quantitative discipline, economics or finance background at undergraduate level with a desire to further it to postgraduate level.
- A candidate in the CFA program, or CFA Charter-holder.
- 3 years experience in trading both debt and equity as well as research analysis.
- Specialized knowledge of scientific methods of data manipulation.
- Knowledge of ATS trading platform and the Central Depository System.
- Advanced Word, PowerPoint and Excel (Macros) would he advantageous, with the ability to produce charts and graphs.
- Knowledge of P&L, balance sheet and cash flow statements and good understanding of key accounting ratios, modeling and stock pricing methodologies would be a distinct advantage.
- Knowledge of technical and fundamental analysis.
- Have knowledge on bonds, bond pricing and trading.
- Excellent presentation skills and ability to interact freely at all levels.
- An all round knowledge of Investment products and services and general operations.
- Be able to demonstrate a presence in both the debt and equity market.
The Director — Human Resources Division
The Co-operative Bank of Kenya Ltd
P.O. Box 48231-00100, Nairobi
