VACANCY ANNOUNCEMENT No. 015/2017
(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.
Job Purpose: - Handle the Net Obligation report reconciled against bank instruction report and make ready for distribution. Participate on the entire clearing process to be completed as per Service Level Agreement (SLA). Generate the necessary clearing records accurately and produce regular reports on time. Handle internal and external enquirers specific to trade clearing.
Duties & Responsibilities
· Validates NOR reconciliation with settlement instruction. Prints, stamps, staples and prepares NOR for distribution;
· Generate different clearing and settlement periodic reports;
· Prepare PSA Debit and credit –Tax Notes, handle its distribution, and monitor its settlement of unpaid Debit Tax notes specific to ECX business;
· Handles internal and external enquiries specific clearing and settlement work process;
· Liaises with Trading Operation, IT, facilities divisions specific to trade clearing work process;
· Handles and monitors bank account opening and closing. Maintains and archives related documents regularly;
· Sends and receives electronic bank instructions with its exception process, follow up smooth work flow of the settlement process, and maintain related SLA records regularly;
· Handle distribution of NOR, PSA Notes, their duplicate report delivery and keep necessary records regularly;
· Liaison with settlement banks, NBE, warehouse operators, Trading Operations, membership, Treasury and Budget Control, legal service and other functional divisions of the Exchange;
· Ensure all pay-in accounts are debited with the knowledge of ECX, compile new-money record, identify the existence of discrepancies and notify the same to respective banks and immediate supervisor regularly;
· Handles and monitors all outgoing letters are properly distributed and necessary records are maintained;
· Performs other duties assigned by the immediate supervisor.
Required Education and Experience:
· BA in Banking, Finance, Accounting, Business Administration, Economics or other relevant business field of study ;
· 2 years’ of work experience in domestic banking operation or other operational activities.
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