Assistant Manager Operations

2 weeks ago


Karachi, Sindh, Pakistan Pakistan Mercantile Exchange Full time
Assistant Manager Operations
Pakistan Mercantile Exchange, Pakistan

The job responsibilities will include but not limited to the following:

  • Supervise daily Mark to Market (MTM) activities and verify calculations related thereto;
  • Supervise Market Operations activities like setting new futures contracts month(s), market timings, setup settlement calendar for deliverable contracts, and disseminate margin and exposure call notices;
  • Reconcile capital gain tax with NCCPL on monthly basis and process payment.
  • Reconcile capital gain processing charges with NCCPL and process payment.
  • Reconcile members' ledgers on daily basis to ensure the correct reflection of trading activity, margins and cash balances;
  • Prepare asset/liability reconciliation on monthly basis.
  • Prepare monthly MIS report for management.
  • Coordinate and prepare reports for external audit during audit period.
  • Assist managers in documenting policies and standard operating procedures as well as implement new procedures for improvement.
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