Risk & Control / Operations Officer at Distritech Distribution Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
9 months ago

Additional Details

Job ID
129030
Job Views
108

Job Description






Job Summary




  • We are seeking a detail-oriented and experienced Operations Officer with a strong background in Risk and Control to ensure robust operational integrity and manage risks effectively in a fast-moving environment.



Key Responsibilities

Operational Controls & Trade Integrity:




  • Monitor theend-to-end trade lifecycle(order capture, matching, allocation, settlement, and reporting).

  • Oversee real-time trade validations, cancellations/amendments, and exception handling with minimal latency impact.

  • Ensurepre- and post-trade validations(regulatory checks, limit breaches, algo behavior, duplicate order prevention).

  • Coordinate with trading, quant, and dev teams toautomate and enhance control pointsin trade execution flow.



Risk Monitoring & Incident Management:




  • Implement and oversee adaily control frameworkcovering reconciliations, breaks, stale positions, cash and collateral movements.

  • Performdaily independent reconciliations(positions, P&L, margin, fees, capital usage) across key accounts exchanges.

  • Leadincident investigations, perform root cause analysis, and log operational events in the internal risk system.

  • Track and remediatenear-missesto reduce future exposure.



Regulatory Compliance & Reporting:




  • Ensure accurate and timely submission of statutory control reports

  • Liaise with compliance and legal on new regulations and implementcontrol enhancements to remain audit-ready.

  • Support firm-wide audits and regulatory inspections, providing documentation and control evidence.



Process Ownership & Change Management:




  • Own high-risk operational processes (e.g., short locate, DMA flow monitoring, algo approvals).

  • Partner with IT and developers todesign resilient workflows and monitoring alerts.

  • Drive continuous improvement and automationto eliminate manual dependencies and operational risk.



E. Counterparty & Treasury Oversight:




  • Monitor counterparty exposurelimits, collateral usage, and margin requirements across venues.

  • Overseetreasury operations, ensuring real-time funding visibility and settlement coverage.

  • TrackFX, funding, and cash breaksthat could impact trading continuity or P&L integrity.



Requirements

Experience:




  • 5 - 7 years in operations, or risk & control roles in high-frequency trading, prop trading, hedge funds, or electronic markets.

  • Proven experience supportinglow-latency trading,real-time monitoring, andpost-trade controls.



Skills & Knowledge:




  • Strong understanding of thetrade lifecycle across asset classes(equities, options, futures, FX, crypto).

  • Familiarity withtrading venue connectivity, clearing/settlement protocols, and global market infrastructures.

  • Proficient inExcel, SQL, scripting (e.g., Python or VBA)for controls automation.

  • Experience with systems like Bloomberg, Fidessa, FlexTrade, Broadridge, Traiana, DTCC, or similar.



Behavioral Traits:




  • Exceptional attention to detail with high ownership and urgency.

  • Crisis management capability – calm under pressure.

  • Strong communication and stakeholder engagement skills (traders, tech, compliance, external vendors).



Preferred Certifications:




  • FRM, PRMIA, CAIA, or relevant regulatory certifications are advantageous.



Why Join Us?




  • Work on the front lines of innovation in markets.

  • Play a critical role in ensuring operational excellence and risk resilience.

  • Join a high-impact team with autonomy and influence on business outcomes.



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