Officer - Risk & Market Surveillance

Pakistan Mercantile Exchange Limited - PMEX

Karachi , Pakistan

Apply Now

Posted Yesterday 1 views Report Job

This role involves closely monitoring international news and upcoming data that could impact commodity prices and market exposures. The candidate will be responsible for analyzing large trades to assess market concentrations and validating prices during mark-to-market processes. A key part of the job is to analyze price and volume data to identify unusual market activities such as price movements, congestion, or volume spikes that may indicate underlying issues. The role also includes developing internal reports and dashboards to keep management informed of daily market activities.

Key Responsibilities

- Monitor international news and data relevant to commodity prices and market exposures.
- Evaluate large trades to detect market concentration risks.
- Validate prices and monitor price limits during mark-to-market evaluations.
- Analyze price and volume data to identify unusual market behavior or potential problems.
- Develop and maintain internal reports and dashboards to communicate market activity to management.
- Oversee auto liquidations, debit balances, margin calls, and clearing deposit shortages related to brokers.
- Monitor margin calls, clearing deposit shortfalls, and profit & loss for market makers.
- Support customer service teams by addressing queries related to trades, order executions, price matching, and price authenticity.
- Monitor price feeds from market makers to ensure accuracy and reliability.
- Assist the department with analytical tasks as needed.
- Perform User Acceptance Testing (UAT) for risk and market surveillance functionalities.
- Undertake any additional tasks assigned by the Head of Department (HOD).

Required Qualifications

A Bachelor’s degree in actuarial sciences, risk management, finance, or a related field is essential. Candidates holding relevant professional certifications in these areas will also be considered. Preference will be given to those currently pursuing or intending to pursue professional exams in finance, risk management, or actuarial sciences.

Experience

Candidates should have between 2 to 3 years of relevant work experience in a similar role, demonstrating a strong understanding of market surveillance and risk management processes.

Skills

The ideal candidate will possess an analytical mindset with strong problem-solving abilities. Proficiency in Microsoft Office, particularly Excel, is required to effectively analyze data and create reports.

This position offers the opportunity to work in a dynamic environment focused on market risk and surveillance, contributing to the stability and transparency of commodity markets.