Company Name:* Ethiopian Securities Exchange

Posted Date: 2024-03-28

Deadline: 2024-04-17

Job Type: Full time

Salary: As per the company scale

#Accounting and Finance, Business and Administration, Legal



Job Description

About Ethiopian Securities Exchange (ESX)

ESX is Ethiopia’s first, and only organized securities exchange. ESX is being established as a public private partnership in line with Article 31 of the Capital Market Proclamation (No.1248/2021).

ESX operates the business of a securities exchange, functions as a Self-Regulatory Organization (“SRO”) and serves as the central market organizer providing an integrated product suite covering the equities, fixed income, and money market segments of the capital markets.

As the pioneer securities exchange, ESX aims to play a critical role in the development and growth of the Ethiopian capital markets. ESX’s core objective is to facilitate access to capital and support effective capital allocation in a manner that supports Ethiopia’s economic growth. By developing a well-regulated and efficient capital market ecosystem, ESX will enable mobilization of financial resources for both public and private sector institutions while providing investors a reliable platform to invest in a reliable and efficient environment.

Job Summary

As Trading Members Regulation and Supervision Manager, you will be responsible for overseeing and enforcing regulatory compliance amongst trading members. Your primary objective will be to maintain a fair, orderly, and transparent market environment while mitigating risks associated with trading activities. You will work closely with various internal and external stakeholders, including regulatory bodies, trading members, and other market participants.


  • Develop, maintain, implement comprehensive regulatory frameworks and policies governing trading member activities on the ESX.
  • Facilitate the onboarding process for new trading members, providing them with necessary information and training.
  • Monitor and evaluate trading member compliance with regulatory requirements set under the Capital Market Proclamation 1248/202, ECMA Directives and ESX Rules, including but not limited to trading rules, capital adequacy, risk management, and conduct standards.
  • Assist in interpreting exchange rules and policies for member firms.
  • Work closely with member firms to enhance market efficiency and resolve operational issues.
  • Conduct regular inspections, audits, and assessments of trading members to ensure adherence to regulatory standards and best practices.
  • Investigate and respond to complaints, incidents, and potential violations of trading rules or regulations by trading members.
  • Collaborate with regulatory authorities and industry organizations to stay abreast of regulatory developments, emerging risks, and best practices in market supervision.
  • Provide guidance and support to trading members on regulatory compliance matters, including interpretation of rules and regulations.
  • Support the delivery of continuous operational and process improvements and efficiencies.
  • Develop and deliver training programs and workshops to enhance trading member understanding and compliance with regulatory requirements.
  • Analyze market data, trends, and trading patterns to identify potential market abuses, manipulation, or irregularities.
  • Prepare reports, presentations, and recommendations for senior management, regulatory authorities, and other stakeholders on regulatory compliance and market supervision matters.
  • Participate in industry working groups, committees, and forums to contribute expertise and insights on market supervision and regulatory issues.
  • Perform other tasks assigned to him/her from time to time.

Job Requirements


  • Master’s degree in Finance, Business Administration, Law, or a related field.
  • Minimum of 8 years of experience in related field.

Competency requirements:

  • Knowledge of capital markets regulatory framework
  • Experience in developing, implementing, and enforcing regulatory frameworks, policies, and procedures.
  • Strong analytical skills with the ability to interpret complex data, trends, and market dynamics.
  • Excellent communication and interpersonal skills, with the ability to interact effectively with diverse stakeholders, including senior management, trading members, and regulatory authorities.
  • Detail-oriented with strong organizational and project management skills.
  • Ability to work independently and collaboratively in a fast-paced, dynamic environment.
  • Sound judgment and integrity with a commitment to upholding ethical standards and market integrity.
  • Proficiency in MS Office Suite and other relevant software applications.

How to Apply

Interested applicants who meet the above requirements are invited to submit their application and CV in PDF format through


Leave a Reply