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SEC Nigeria Recruits into 2 Major Administrative Positions, Please Click to view and Read more Details to Apply

The Securities and Exchange Commission (SEC), Nigeria is the apex regulatory institution of the Nigerian capital market supervised by the Federal Ministry of Finance.
The Commission has evolved over time having started with the establishment of the Capital Issues Committee in 1962 by the government as an essential arm of the Central Bank of Nigeria. This was purely an ad-hoc, non-statutory committee, which later metamorphosed into SEC in 1979, following a comprehensive review of the Nigerian financial system, with the promulgation of SEC Decree No. 71 of 1979. Successive reviews of this earlier enactment led to the introduction of a new legislation, the Investments and Securities Act (ISA) No 45 of 1999.   The ISA No. 45 of 1999 was repealed with the promulgation of the ISA No. 25 of 2007, which gives the Commission its current power.
View Investment and Securities Act 2007


This legislation further enlarged the powers of the Nigerian SEC, while saddling it with the dual responsibilities of:
·         Regulating the capital market with a view to protecting investors; and
·         Developing the capital market in order to enhance its allocative efficiency, and pave the way for a private sector led economy.

The Act also empowers the Commission with a board of nine (9) members including the Chairman, the Director General, three Executive Commissioners, two Non-Executive Commissioners, Representatives of the Federal Ministry of Finance and Central Bank of Nigeria.

The origin of the Securities and Exchange Commission dates back to 1962, when an ad hoc consultative and advisory body, known as the Capital Issues Committee, was established under the aegis of the Central Bank of Nigeria (CBN).  Its mandate was to examine applications from companies seeking to raise capital from the capital market and recommend the timing of such issues to prevent issues clustering which could overstretch the market’s capacity. The Committee operated within the Central Bank of Nigeria unofficially as a capital market consultative and advisory body with no regulatory framework.
An increase in the level of economic activities, coupled with the promulgation of the Nigerian Enterprises Promotion Decree in 1972, necessitated the establishment of a body backed by law to regulate capital market activities hence the creation of the Capital Issues Commission to take over the activities of the Capital Issues Committee.  The Capital Issues Commission was established with the promulgation of the Capital Issues Commission Decree in March 1973.
The new body had a board of nine (9) members, including a representative of the Central Bank of Nigeria who served as Chairman, while the other eight (8) members were drawn from some Federal Ministries, the industrial and financial sectors of the economy.
The Securities and Exchange Commission is the apex regulator of the Nigerian capital market. Our vision is "to become the leading capital market regulator in Africa" while our mission is "to develop and regulate a capital market that is dynamic, fair, transparent and efficient to contribute to the nation's economic development". To achieve our vision and mission, we are always searching for the best and brightest talents to help strengthen our team in order to serve our stakeholders better. In searching for talents, we would normally target the following core disciplines:
Accountancy
Law
Economics

We also target other disciplines like Information Technology, Business Administration and the Humanities, from time to time. Candidates will normally go through a structured competency assessment centre where the technical and behavioural competencies most relevant to the vacancy are assessed. We ONLY make offers to candidates who meet our requirements. Whether you are a fresh graduate, young professional or experienced hire, working with SEC offers you:
opportunity to make a difference for investors in Nigeria
exciting and challenging work
opportunity to contribute to the future of investing in Nigeria
training, compensation and work life balance

Job Title: Chief Ethics Officer

Requirements:
·         Minimum of 20 years relevant experience (Advanced degrees an advantage)
·         Corporate governance knowledge and experience a must
·         Strong conviction about right & wrong and proven track record of strong ethical conduct
·         Strong desire to ensure that the interests of all parties are protected in all that the Commission says and does.
·         Strong Leadership and people management skills
·         Relevant IT skills
*Retired judges and ex-intelligence corps members are strongly encouraged to apply.

Job Title: Ethics Officer

Requirements:
  ·Minimum of 10 years relevant experience (Advanced degrees an advantage)
· Corporate governance knowledge is a must
·  Strong conviction about right and wrong & proven track record of strong ethical conduct
·         Good team working skill
·         Relevant IT skills

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