GRADUATE TRAINEE – PRODUCT DEVELOPMENT wanted at Botswana Stock Exchange (BSE)

 

The Botswana Stock Exchange (BSE) is one of the leading exchanges in Southern Africa and plays an increasingly important role in the country’s economic development by meeting the growing demand for investment products and access to capital. The BSE wishes to recruit a dynamic professional to join the Product Development Department and help contribute to the development of Botswana’s capital market.

GRADUATE TRAINEE – PRODUCT DEVELOPMENT

To assist in the initiation and carrying out of research and prepare detailed recommendations for the development of the Exchange through the development of new products and services in consultation with the Head of Product Development which will enhance the risk-return options offered by the BSE and contribute to enhancing market capitalisation and liquidity.

DUTIES & RESPONSIBILITIES:

1. Provides research and technical input assistance for the development and promotion of new products and instruments (e.g. depository receipts, index based products, and real estate investment products).

2. Contributes to the review and drafting of listings rules, trading rules, clearing and settlement procedure and risk management rules for new products.

3. Assists in the formulation and maintenance of Capital Market indices.

4. Assists in soliciting stakeholder needs pertaining to the introduction of products and instruments (e.g. functioning of the Bond Market).

5. Assists in preparing periodic reports and updates on performance analysis and trends in Capital Markets for review and submission to MFED, NBFIRA, WFE, ASEA, SSE and BSE Board by the Head.

6. Maintains and updates the BSE market statistics database and disseminates all daily updates ( e.g. bond indices), and promotes the sale of BSE data products;

7. Assists in the compilation and maintenance of a database of Capital Markets related information including those of competitor Exchanges.

8. Contributes to the maintenance of the BSE library.

COMPETENCIES:

1. Research
2. Data Analytics skills
3. Innovation skills
4. Conversant with digital platform
5. High Performance oriented
6. Planning and organizing
7. Communication, Advocacy and Negotiation skills
8. Attentive to details

Applicants should have a Bachelors’ degree in Financial Engineering, Statistics, Finance, Economics or related fields.

The candidate must have at least one (1) year working experience. The prospective candidate should have the passion for research and problem solving, be self-disciplined and have the creative ability to assist in the development of new products and instruments, as well as the general development initiatives of the Exchange. This is an initial engagement for 24 months with possibility of longer engagement.