Job Description

Responsibilities

1. Liaise with fund experts to consistently develop and manage an array of offerings under ETP product line to meet the needs of the investing community and assimilate market feedback into new product development and positioning of existing ETPs.
2. Define the NGX Exchange’s growth strategy and execution plan for the ETP product line to drive product sales & profitability.
3. Perform data analysis, such as trend and behavior analysis related to the financial services industry and ETPs product development in general whilst using the outcome of analysis and research, underpin recommendations for creating, developing, maintaining, and enhancing NGX ETPs Market product.
4. Responsible for the design and implementation of new ETP Product initiatives: Draft relevant documentation, perform analysis, research, and carry out appropriate planning with cross-market collaboration in mind, when relevant.
5. Coordinate activities of ETP liquidity providers to appropriate their functions in promoting liquidity and market efficiency.
6. Enhance the market microstructure (in areas such as transaction fees, and index licensing fees) to increase product profitability.
7. Advocate transparency of ETPs listed on NGX Exchange by ensuring they observe documentation requirements in terms of structure, exposures, and fair value at all times.
8. Liaise with index providers covering the Nigerian market or NGX index committee to ensure the providers meet a strong market demand for new and innovative indices to support ETPs across the asset class.
9. Responsible for performance i.e. turnover & margins of ETP trading on NGX Exchange.
10. Liaise with the Market Operations and Technology Division to ensure system compatibility with market structure enhancements in support of the ETP product line and other business partners as necessary.
11. Create, review and amend ETP trading rules as necessary, to promote fair and orderly trading in ETP.