1. Position: Associate, Market Surveillance
Required No.: 1 (One)
Duty Station: Addis Ababa
Reports to: Manager, Market Surveillance
JOB PURPOSE
Monitor bids and offers, and other price discovery mechanisms for each commodity to ensure integrity of the market’s price discovery mechanisms. Gather information on market behaviors based on observation and tips. Alert on market conditions that threaten the market’s price discovery mechanisms.
SUMMARY OF MAJOR DUTIES AND RESPONSIBILITIES
· Conduct real time market surveillance on the trading floor;
· Monitor, and identify abnormal prices against the daily price range limits for each commodity;
· Review market movement in price, quantity and participants;
· Recommend corrective measures for identified price/quantity and participation trade issues;
· Monitor bids and offers, and other price discovery mechanisms for each commodity;
· Maintain trade violations and incident reports and periodically review and prepare analysis of such logs and reports;
· Alert market surveillance manager on market conditions that threaten the market’s price discovery mechanisms;
· Gather information on market behaviors based on observation and tips;
· Perform other related tasks as assigned by the immediate supervisor
· BA in Management, Marketing, Business, Economics, Finance or related field and 2 years of work experience in relevant field.
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