Equity Trader at Cordros Capital Limited

Cordros Capital Limited is a leading financial services group in African markets with a reputation for wealth creation. We are licensed as Brokers/Dealers and Issuing House by the Securities & Exchange Commission and the Nigerian Stock Exchange. Cordros offers a broad range of services to a diversified client base which includes private clients, small businesses, financial institutions, corporations and governments.

We are recruiting to fill the position below:

Job Title: Equity Trader

Location: Lagos
Job type: Full Time
Job grade: Analyst
Report to: Chief Investment Officer

Job Purpose

• Cordros Asset Management Limited seeks a highly skilled and results-driven Equity Trader to manage trade execution, optimize portfolio performance, and implement sophisticated trading strategies.
• The ideal candidate will play a pivotal role in executing trades, monitoring market trends, and ensuring compliance with regulatory requirements while maximizing returns for the firm’s investment strategies.

Responsibilities   

• Execute buy and sell orders for equities and other securities across local and international markets.
• Monitor stock market trends, economic indicators, and corporate developments to identify profitable trading opportunities.
• Develop and implement trading strategies to enhance profitability and manage risks.
• Maintain a deep understanding of equity markets, macroeconomic factors, and sectoral trends impacting securities.
• Utilize analytical models, and market research tools to optimize execution and performance.
• Ensure best execution practices, trade settlement, and compliance with regulatory standards, including SEC and NGX rules.
• Collaborate with research analysts and portfolio managers to align trading decisions with investment strategies.
• Maintain strong relationships with brokers, market makers, and institutional clients.
• Provide real-time market commentary and trade performance reports to senior management.
• Manage trade execution costs and monitor liquidity conditions to optimize trading efficiency.
• Stay up to date with changes in market structure, trading regulations, and financial products.

Job Requirements
Education:

• A Bachelor’s Degree in Finance, Economics, Accounting, Business Administration, or a related field.
• A second degree (MBA/MSc) and/or completion of relevant professional certifications (CFA) will be an added advantage.

Work Experience:

• Minimum 5 years of trading experience in equities or related financial instruments.
• Hands-on experience in executing trades on the Nigerian Stock Exchange (NGX) and international exchanges.
• Strong familiarity with equity research, portfolio management, and risk management techniques.
• Experience working with Bloomberg, Reuters, or other financial trading platforms.

Key Knowledge and Skills:
Knowledge:
The incumbent must have proficiency knowledge in the following areas:

• Equity markets: Understanding of market microstructure, liquidity, and trading dynamics.
• Regulatory framework: Knowledge of NGX, SEC, and global financial market regulations.
• Technical and fundamental analysis: Ability to interpret financial statements, earnings reports, and macroeconomic indicators.
• Trading & order management systems: Experience with trading platforms such as Bloomberg Terminal, or other execution management systems.

Skills:
The incumbent must demonstrate the following skills:

• Strong analytical and quantitative abilities to assess market trends and trading opportunities.
• Attention to detail and quick decision-making in high-pressure trading environments.
• Advanced Excel, VBA, Python, or SQL skills (preferred but not mandatory).
• Effective communication and teamwork skills for collaboration with portfolio managers and analysts.
• Strong risk management skills to mitigate potential losses and enhance trading strategies.

Behavioral Attributes:

• Resilience & adaptability: Ability to thrive in a fast-paced trading environment.
• Integrity & compliance-driven mindset: Commitment to ethical trading practices and regulatory adherence.
• Proactiveness: Ability to identify opportunities and execute trades with confidence.
• Strong problem-solving skills: Quick thinking to navigate market volatility and optimize execution.

Working Relationships:
Internal:

• Chief Investment Officer (CIO)
• Portfolio Managers
• Research Analysts
• Risk Management Team
• Compliance & Operations Teams.

External:

• Brokers & Market Makers
• Financial Regulators (SEC, NGX).

Work Cycle:

• Hours/Days the incumbent is required to work
• Monday – Friday (8:00 am – 5:00 pm).

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online