VACANCY ANNOUNCEMENT No. 006/2017
(Internal/External)
The vision of ECX is to become a leading and dynamic Exchange in Africa. ECX has a mission to provide a modern, efficient, transparent and reliable market platform to serve the national development goals through adaptation of technology, excellence in innovation and with integrity. ECX is a unique partnership of market actors, Members of the Exchange, and its main promoter, the Government of Ethiopia. ECX represents the future of Ethiopia, bringing integrity, security, and efficiency to the market. ECX would like to recruit motivated and qualified applicants for the following positions.
1. Position: Specialist, Market surveillance/Hawassa
Required No.: 1 (One)
Duty Station: Hawassa
Reports to: Manager, Regional Trading Center
JOB PURPOSE
Monitor the nature and trading of all aspects of commodities in the Exchange, gather information on market behaviors as well as trade, and analyze trade reports for each commodity to monitor market activities to ensure the integrity of the market. Alert on market conditions that could threaten the market’s stability and recommends corrective measures on market or trade issues that affect price discovery.
SUMMARY OF MAJOR DUTIES AND RESPONSIBILITIES
· Reviews and analyzes trade reports for each commodity daily to monitor market activities on assigned regional trading center;
· Conducts real time supervision of trader's behavior on the trading center;
· Investigates tips and rumors related to trading, and alerts the Regional Trading center manager ;
· Undertakes market intelligence and work with the manager on recruitment of informants;
· Maintains Log on traders that violate the rules and prepares an incident report for investigation;
· Monitors, and identifies abnormal prices against the daily price range limits of the commodity;
· Alerts the market regional trading center manager on market condition that could threaten the market’s stability;
· Gathers information on market behaviors based on trade observation and prepare analysis documents on such information;
· Researches and analyzes international market reports for each commodity weekly, compares trends to local market and discusses findings with market surveillance manager;
· Recommends corrective measures on market or trade issues that affect price discovery;
· Prepares monthly reports on trade surveillance findings, trends and analysis;
· Create common platform with trading operation and other divisions staff assigned on regional centers.
· Manage CCTV camera’s installed in regional trading center.
· Performs other surveillance related tasks as assigned by the immediate supervisor.
· BA/MA in Management, Marketing, Business, Economics, Finance or related field and 4/2 years of work experience in economics, marketing, surveillance or related field.