Assistant Manager Operations

Assistant Manager Operations Job in Pakistan
Pakistan Mercantile Exchange , Pakistan

2 Years
70,000 - 80,000 PKR
Job Type
Job Shift
Job Category
Requires Traveling
Career Level
ACCA/M.Com or equivalent
Total Vacancies
1 Job
Posted on
Aug 17, 2018
Last Date
Oct 30, 2018

Job Description

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.

Job Specification

Following skills are required:

  • Proficient in MS Excel
  • Ability to work under pressure

Pakistan Mercantile Exchange

Financial Services - Karachi, Pakistan
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