Lead, OTC Market

Lead, OTC Market

Location: Lagos

Employment Type: Full-time

Job Purpose

• To oversee the development, growth, and effective functioning of the organization'sover-the-counter market, with responsibility for increasing market participation, improving trading activity and liquidity, supporting market integrity, and expanding the range of securities and participants on the platform.

Key Responsibilities

• Develop and implement strategies to grow the organization's OTC market.

• Drive the onboarding and active participation of brokers, dealers, issuers, investors, and other eligible market participants.

• Work with market operators to improve trading activity, liquidity, price discovery, and market efficiency.

• Identify opportunities to increase trading in eligible unlisted securities and other instruments supported by the organization's.

• Monitor market activity, transaction volumes, turnover, pricing trends, and participant performance.

• Work closely with Market Operations, Technology, Compliance, Risk Management, and Business Development to improve market processes.

• Support the development and implementation of market rules, procedures, and operating standards in collaboration with relevant control functions.

• Identify barriers to market participation and recommend solutions to improve access, transparency, and efficiency.

• Maintain relationships with relevant regulators, market associations, brokers, custodians, and institutional investors.

• Produce regular market performance reports and recommendations for senior management.

• Support the development of new market features, trading solutions, and initiatives to improve market competitiveness.

• Key Performance Indicators (KPIs)

• Growth in OTC market turnover and transaction volumes.

• Increase in active market participants.

• Growth in securities traded and issuer participation.

• Improvement in market liquidity and trading activity.Revenue growth from OTC market operations and services.

• Market integrity, operational efficiency, and compliance outcomes.

• Qualifications and Experience

• Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related discipline.

• A relevant professional qualification in capital markets, securities, finance, or risk management is an advantage.

• At least 8–10 years of experience in capital markets, securities trading, stockbroking, investment banking, or market operations.

• Strong understanding of OTC markets, securities trading, market structure, settlement processes, and relevant regulatory frameworks.

• Experience managing teams, market participants, or market development initiatives.

• Strong analytical, commercial, operational, and stakeholder management capabilities.

Application Closing Date

Not Specified.