Assistant Manager Operations

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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