VACANCY ANNOUNCEMENT No. 08 – 2023/24

(External )

The vision of ECX is to become a leading and dynamic African Exchange of choice. ECX has a mission to provide a modern, efficient, transparent, and reliable market platform and warehousing service through the adaptation of technology, excellence in innovation, and integrity. ECX is a unique partnership of market actors, Members of the Exchange, and its main promoter, the Government of Ethiopia. ECX represents the future of Ethiopia, bringing integrity, security, and efficiency to the market. ECX would like to promote motivated and qualified applicants for the following positions.

          Position Title: – Senior Specialist, Investigation and Enforcement

          Job Grade: –      09

          Duty Station: – Addis Ababa/Head Office

           Availability: – As soon as possible

Job Purpose:- The purpose of this job is to assist the Manager in divisional operations; advise Divisions on operational legal issues; investigate any breaches in compliance with the rules or directives or other relevant laws and review and forward investigation reports to the Secretary of the Business Conduct Committee (BCC); ensure compliance to the Rules of the Exchange; conducts legal research and analysis regarding laws applicable to the Exchange that need the introduction of new rules or amendment of the Rules of the Exchange, and produces periodic reports of the Division.

SUMMARY OF MAJOR DUTIES AND RESPONSIBILITIES

• Participates in the development and revision of policies, procedures, and manuals of the Division;
• Conducts research and analysis regarding laws applicable to the Exchange to identify issues that need an introduction of new rules or amendment of the Rules; drafts Rules of the Exchange, and operational contracts and presents them to appropriate bodies for approval;
• Provides legal consultations, comments, advice, and interpretation on issues related to the Rules of the Exchange and other pertinent laws applicable to the Exchange operation to different Departments/Divisions of the Exchange.
• Oversees compliance with relevant laws, and rules of the Exchange; follows up enforcement of the BCC disciplinary measures and reviews and forwards the reports to the Secretary of the BCC;
• Prepares investigation reports regarding Rules violations and prepares responses to appeals made by members, clients of intermediary members, or floor representatives.
• Facilitates the awareness creation programs to members, employees of the Exchange, and other stakeholders concerning the Rules of the Exchange and other pertinent laws applicable to the Exchange;
• Reviews internal agreements and procedures, including those between warehouse operators, clearing institutions, members, and clients, to determine legality and compatibility with rules and regulations governing the Exchange;
• Prepares periodic reports concerning the activities of the Division; and
• Performs other duties assigned by the immediate supervisor.