Head of OTC Market at NASD – Lagos

NASD seeks a Head of OTC Market in Lagos to develop over-the-counter trading activity, strengthen market integrity, expand market participation and improve liquidity and price discovery.

Key responsibilities

• Set and execute plans to grow NASD’s OTC market and increase participation by issuers, brokers, dealers and investors.
• Work with market operators to improve trading volume, liquidity, market efficiency and price discovery.
• Identify opportunities in eligible unlisted securities and other supported products.
• Track transaction values, pricing, turnover and participant performance.
• Coordinate with technology, operations, compliance, risk and business development teams on market processes.
• Support market rules and standards, remove barriers to participation and maintain regulator and market stakeholder relationships.
• Report market performance and recommend new features and trading solutions.

Qualifications and experience

• Bachelor’s degree in Finance, Economics, Accounting, Business Administration or a related discipline.
• 10–12 years’ experience in capital markets, securities trading, stockbroking, investment banking or market operations.
• Strong knowledge of OTC market structure, trading, settlement and applicable regulation.
• Experience managing teams or market-development initiatives and strong analytical and stakeholder-management skills.
• Professional qualifications in capital markets, securities, finance or risk management are an advantage.