Head of Operations and Technology.

Our client is a local trader in shares and stocks that begun operations in 1920’s. Its mandate is to provide world class securities trading facility that is grounded on the foundation of ethics, integrity, confidentiality, innovation and excellence. They are looking to hire a highly motivated and proactive Head of Operations and Technology.

Overall Purpose
Reporting to the Chief Executive, the Head of Operations and Technology will be responsible for maintenance of a credible trading environment that meets international standards in accordance with capital market regulations and guidelines. He/ she will also be responsible for strategy formulation and implementation of Information Technology (IT) policies and ensuring alignment of technology for business support and product development.

Key Duties and Responsibilities
•    Provide guidance to the market in the formulation of rules and procedures in line with global trends; liaising with market players and the Capital Markets Authority in the approval, ratification and dissemination of Trading Rules;
•    Enhance the trading of securities in a trading environment that meets the best international standards and in accordance with capital market regulations and guidelines;
•    Work with the Central Depository & Settlement Corporation (CDSC) and the Central Bank of Kenya (CBK) on the trading and settlement inter-phase;
•    Identify existing and emerging technologies and evaluate their utilization and applicability while ensuring that the Automated Trading System (ATS), the Broker Back Office (BBO), the Wide Area Network (WAN) and other IT platforms in use by the NSE keep pace with technological innovations and developments;
•    Maintain and nurture a close working relationship with regional and international securities markets for exchange of ideas, technology and practices;
•    Provide effective leadership to multidisciplinary teams to enable them develop, implement and evaluate strategic management plans and budgets aimed at improving performance standards and organizational effectiveness;
•    Analyze and implement appropriate solutions to operational problems;
•    Oversee IT related projects and prepare funding proposals and budgets for technology improvements;
•    Monitor and evaluate the performance of departmental staff against set targets and implementing development action plans aimed at building the capacity of the staff.

Qualifications & skills
•    Degree in Information Technology, Business Administration, Economics, Management, Finance or related field; Possession of a masters degree will be an added advantage;
•    Minimum eight (8) years experience in capital markets operations, IT, financial markets or financial services sector;
•    Knowledge of the capital markets, financial markets or financial services sector; the Exchange’s Trading Rules and Procedures and the Capital Markets Authority Act, Rules and Regulations;
•    Knowledge of IT systems that support NSE operations;
•    Excellent analytical and business decision making skills;
•    Ability to maintain confidentiality of privileged information and to ensure absolute discretion and sensitivity to confidential matters;
•    Team player with a proactive approach to work;
•    Membership to a relevant professional body.

How to apply:
Send your application including a cover letter indicating your desire to work with our client; a detailed CV highlighting relevant experience, details of current and expected salary, a daytime phone contact, email address, and the names of three professional referees by close of business Friday 17th August 2012.
Adept Systems
MANAGEMENT CONSULTANTS
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Web: www.adeptsys.biz

Only short listed candidates will be contacted. Please note that we do not charge fees for receiving or processing job applications. Visit our website for more vacancies.