a) Daily Responsibilities
· Processing applications for new memberships / transfers / conversions / Change in registration details/ change in constitution etc.
· Processing applications for broker registrations / renewals.
· Processing applications for registration / de-registration of authorized persons / branches.
· Communicating observations to applicants/brokers and discussion of the same with the applicants/brokers and follow-up and action required for completion.
· Maintain electronic and hard copy record of members.
· Assist in ensuring compliance with applicable regulatory framework.
· Monitoring compliance of margins and clearing deposit requirements.
· Assist in regulatory compliance review of various departments for drafting of compliance reports and follow-up with HODs to ensure compliance.
· Assist in annual system audit of brokers including selection of brokers, collection / submission of audit reports to the SECP and follow-up with brokers to ensure compliance.
· Assist in inspection of brokers including drafting of report and follow-up with brokers to ensure compliance.
· Collection and scrutiny of various off-site compliance reports submitted by the brokers.
· Report actual / potential breach of regulatory framework to the Manager.
· Maintain record of violations/non-compliances.
· Assist in development of policies and procedures related to membership and compliance.
· Prepare reports/information related to membership/compliance for management and regulatory authorities/agencies.
· Assist in providing guidance to members and creating awareness regarding compliance issues.
· Provision of information to the regulator.
· Preparation of monthly MIS.
Any other responsibility which may be assigned by the Manager from time to time.
Skills
Job Details
Pakistan Mercantile Exchange Limited (PMEX) is Pakistan’s first and only multi-commodity futures exchange, which is licensed and regulated by the Securities and Exchange Commission of Pakistan (SECP). Shareholders of PMEX include National Bank of Pakistan (NBP), Pakistan Stock Exchange Limited (PSX), ISE Towers REIT Management Company Limited, LSE Financial Services Limited, Pak Brunei Investment Company Limited, Zarai Taraqiati Bank Limited and Pak Kuwait Investment Company Limited. The Exchange offers a diverse range of domestic and international commodities and financial futures. With a sophisticated infrastructure based on state-of-the-art technology, PMEX provides a complete suite of services i.e. trading, clearing and settlement, custody as well as back office, all under one roof. The Exchange has a member base of 323 and the average daily trading volume is PKR 5 billion. PMEX’s international affiliations include Memberships of Association of Futures Markets (AFM), Hungary & Futures Industry Association (FIA), USA and Memorandum of Understanding (MoUs) with Borsa Istanbul, Izmir Commodity Exchange, Dubai Gold & Commodity Exchange and Iran Mercantile Exchange.
What is your Competitive Advantage?
Aqib Irshad
Head of HR, Training & OD
FINCA
Muzammil Baig
Digital Marketing Manager
IT Services Group
Sehrish Azhar
Motivational Speaker & Blogger
Living Upbeat
Mona Sharif
Senior Team Lead
Konext PVT. LTD
Ayesha Shaukat
Social Media Marketing Manager
Ivoke
Ali Aziz
CEO
Shopistan
Babar Ahmed Khan
Territory Sales Manager
Engro Foods
Usman Habib
Recruitment & Training Executive
ACS Synergy (Pvt) Ltd.
Zohaib Ali
Marketing Manager
Digital Online Devices
Zubair Anjum
Business Excellence Specialist
Nestle Pakistan
