Old Mutual plc. is a leading multinational long-term savings, protection and investment group which has been operating for over 169 years. It has operations in Africa, Europe, the Americas and Asia, supported by over 56,000 employees serving over 16 million customers.
Old Mutual is listed on the London and Johannesburg Stock Exchange.Old Mutual Kenya comprises of Old Mutual Life Assurance, Old Mutual Investment Group, Old Mutual Investment Services, Old Mutual Securities and Faulu Microfinance Bank.
The company has opportunity for qualified, experienced and talented individual to fill the following positions within Old Mutual Securities business Unit.
Senior Bonds Trader
Reporting to the Head of Trading, the incumbent will be responsible for growing sales at the Old Mutual Securities bonds desk by actively sourcing for both buy and sale instructions of securities listed in the Fixed Income Market segment at the NSE and ensuring timely execution, new clients’ acquisition, engagement and retention while confirming to the set internal and external regulations.
The key objectives for this position are: -
· Creatively develop and implement short and long term sales and trading strategies to achieve revenue goals
· Adhere to the compliance guidelines from CBK, CMA, NSE and Company rules and regulations before trading.
· Timely execution and settlement of all trades
· Develop strong and long-term relationships with clients by understanding their investment styles and needs.
· Identify, develop and cultivate new client relationships with institutional investors.
· Communicate all relevant and critical information to management in a timely manner
· Provide written updates on the business, sales, leads
· Monitor bond trading activities and advise on interest rate forecasts based on economic indicators
· Provide market analysis and direction on fixed income trading cycles
· Any other duties that may be allocated by management from time to time.
Qualifications and experience
· Bachelor’s Degree in Business, Finance, Economics, Actuarial Science, Computer science or any other related degree from a recognized University
· Over three (3) years’ experience in corporate bonds and equity sales & trading preferably with a leading brokerage firm.
· Thorough knowledge of financial markets, back office operations, trading strategies and settlements in relation to bond markets.
· Strong sales and business development skills
· Ability to make real time trading decisions weighing complex circumstances under considerable time pressure
· Strong interpersonal, communication and presentation skills
· Has an established and strong book of business with solid buy-side relationships
· Self-motivated, disciplined, assertive and able to work independently in a fast paced, competitive environment
· Must possess the highest level of integrity, strong analytical skills and critical thinking skills
· Ability to exercise good judgement, show initiative and be proactive.
· A team player able to work cohesively with management, customers and staff
Senior Equities Trader
Reporting to the Head of Trading, this is a revenue generation position responsible for equities trading, client’s acquisition and retention while adhering to the set regulations.
The key objectives for this position are: -
· Identify, develop and cultivate new client relationships with High Net-Worth Individuals, local and foreign institutional investors.
· Creatively develop and implement short and long term equities sales and trading strategies to achieve revenue goals
· Timely execution and settlement of all equities trades.
· Communicate all relevant and critical information to management in a timely and effective manner and in compliance with the Old Mutual Securities, NSE & CMA procedures
· Proactively maintaining and managing current client relationships.
· Provide written updates on the business sales & leads.
· Prepare and circulate the Turnover Report on a daily basis.
· Source for block trades for and from institutional clients.
· Daily Monitoring of market information and stock price movements and provide creative and viable solutions to client needs
· Efficiently troubleshoot issues with the trading unit and be proactive in their resolution
· Any other duties that may be allocated by management from time to time.
Qualifications and experience
· Bachelor’s Degree in Business, Finance, Economics, Actuarial Science, Computer science or any other related degree from a recognized University
· Over five (5) years’ industry experience in equity sales & trading.
· Thorough knowledge of financial markets, equity operations, trading strategies and settlements
· Ability to make real time trading decisions weighing complex circumstances under considerable time pressure.
· Has an established and strong book of business with solid buy-side relationships
· Strong interpersonal, communication and presentation skills
· Has an established and strong book of business with solid buy-side relationships
· Self-motivated, disciplined, assertive and able to work independently in a fast paced, competitive environment
· Must possess the highest level of integrity, strong analytical skills and critical thinking skills
· Ability to exercise good judgement, show initiative and be proactive.
· A team player able to work cohesively with management, customers and staff
How to Apply
Interested candidates who meet the above requirements are requested to submit their applications via email to recruit@oldmutualkenya.com on or before 7th January 2015.
The application should include a cover letter and detailed curriculum vitae listing three professional references.
Attractive performance based remuneration will be offered to the successful candidate.
Old Mutual is listed on the London and Johannesburg Stock Exchange.Old Mutual Kenya comprises of Old Mutual Life Assurance, Old Mutual Investment Group, Old Mutual Investment Services, Old Mutual Securities and Faulu Microfinance Bank.
The company has opportunity for qualified, experienced and talented individual to fill the following positions within Old Mutual Securities business Unit.
Senior Bonds Trader
Reporting to the Head of Trading, the incumbent will be responsible for growing sales at the Old Mutual Securities bonds desk by actively sourcing for both buy and sale instructions of securities listed in the Fixed Income Market segment at the NSE and ensuring timely execution, new clients’ acquisition, engagement and retention while confirming to the set internal and external regulations.
The key objectives for this position are: -
· Creatively develop and implement short and long term sales and trading strategies to achieve revenue goals
· Adhere to the compliance guidelines from CBK, CMA, NSE and Company rules and regulations before trading.
· Timely execution and settlement of all trades
· Develop strong and long-term relationships with clients by understanding their investment styles and needs.
· Identify, develop and cultivate new client relationships with institutional investors.
· Communicate all relevant and critical information to management in a timely manner
· Provide written updates on the business, sales, leads
· Monitor bond trading activities and advise on interest rate forecasts based on economic indicators
· Provide market analysis and direction on fixed income trading cycles
· Any other duties that may be allocated by management from time to time.
Qualifications and experience
· Bachelor’s Degree in Business, Finance, Economics, Actuarial Science, Computer science or any other related degree from a recognized University
· Over three (3) years’ experience in corporate bonds and equity sales & trading preferably with a leading brokerage firm.
· Thorough knowledge of financial markets, back office operations, trading strategies and settlements in relation to bond markets.
· Strong sales and business development skills
· Ability to make real time trading decisions weighing complex circumstances under considerable time pressure
· Strong interpersonal, communication and presentation skills
· Has an established and strong book of business with solid buy-side relationships
· Self-motivated, disciplined, assertive and able to work independently in a fast paced, competitive environment
· Must possess the highest level of integrity, strong analytical skills and critical thinking skills
· Ability to exercise good judgement, show initiative and be proactive.
· A team player able to work cohesively with management, customers and staff
Senior Equities Trader
Reporting to the Head of Trading, this is a revenue generation position responsible for equities trading, client’s acquisition and retention while adhering to the set regulations.
The key objectives for this position are: -
· Identify, develop and cultivate new client relationships with High Net-Worth Individuals, local and foreign institutional investors.
· Creatively develop and implement short and long term equities sales and trading strategies to achieve revenue goals
· Timely execution and settlement of all equities trades.
· Communicate all relevant and critical information to management in a timely and effective manner and in compliance with the Old Mutual Securities, NSE & CMA procedures
· Proactively maintaining and managing current client relationships.
· Provide written updates on the business sales & leads.
· Prepare and circulate the Turnover Report on a daily basis.
· Source for block trades for and from institutional clients.
· Daily Monitoring of market information and stock price movements and provide creative and viable solutions to client needs
· Efficiently troubleshoot issues with the trading unit and be proactive in their resolution
· Any other duties that may be allocated by management from time to time.
Qualifications and experience
· Bachelor’s Degree in Business, Finance, Economics, Actuarial Science, Computer science or any other related degree from a recognized University
· Over five (5) years’ industry experience in equity sales & trading.
· Thorough knowledge of financial markets, equity operations, trading strategies and settlements
· Ability to make real time trading decisions weighing complex circumstances under considerable time pressure.
· Has an established and strong book of business with solid buy-side relationships
· Strong interpersonal, communication and presentation skills
· Has an established and strong book of business with solid buy-side relationships
· Self-motivated, disciplined, assertive and able to work independently in a fast paced, competitive environment
· Must possess the highest level of integrity, strong analytical skills and critical thinking skills
· Ability to exercise good judgement, show initiative and be proactive.
· A team player able to work cohesively with management, customers and staff
How to Apply
Interested candidates who meet the above requirements are requested to submit their applications via email to recruit@oldmutualkenya.com on or before 7th January 2015.
The application should include a cover letter and detailed curriculum vitae listing three professional references.
Attractive performance based remuneration will be offered to the successful candidate.