Associate, Marketing Surveillance - ECX

Job Description

VACANCY ANNOUNCEMENT No. 067/2014
   (Internal/External)
 

The vision of ECX is to transform the Ethiopian economy by becoming a global commodity market of choice. ECX has a mission to connect all buyers and sellers in an efficient, reliable, and transparent market by harnessing innovation and technology, and based on continuous learning, fairness, and commitment to excellence. The ECX is a unique partnership of market actors, the 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.

With duty station in Addis Ababa and reporting to Manager, Marketing Surveillance, you will be responsible to:

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.

DUTIES & RESPONSIBILITIES

• Conduct real time market surveillance on the trading floor;
• Monitor bids and offers, and other price discovery mechanisms for each commodity and identify abnormal prices against the daily price range limits for each commodity;
• Review  market movement in price, quantity and participants and recommend corrective measures for identified trade issues;
• Maintain trade violations & incident reports and periodically review & prepare analysis of such logs & 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.
• Conduct warehouse surveillance on regular basis and performs other related tasks as assigned by the immediate supervisor.

Job Requirements

BA degree in Management, Marketing, Business, Economics, Finance or related field & 3 years of experience with good negotiation skill.

How To Apply

All interested and qualified applicants may send a cover letter, updated CV, and relevant documents tojobs@ecx.com.et or in hard copy by post with position marked on the envelope or in email subject to:  Ethiopia Commodity Exchange, P.O.Box 17341, Addis Ababa, on or before April 25, 2014.

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ECX is an equal opportunity employer and encourages applications from suitably qualified female candidates. Only short listed applicants will be contacted.