Senior Specialist, Legal Service and Enforcement

VACANCY ANNOUNCEMENT No.15-2024/2025

(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. The ECX is a unique partnership of market actors, the 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, Legal Service and Enforcement

Job Grade: – 09

Duty Station: – Addis Ababa/Head Office

Availability: – As soon as possible

Job Purpose:

– The purpose of this position is to assist the Manager in the divisional operation; provide legal advice to the management and functional units on administrative issues, agreements, negotiations and working manuals, labor relations; defend the right of the Exchange before court of law, different judicial or administrative organ; review and incorporate inputs on drafted operational and administrative policies, procedures, rules and regulations designed by different functional units from legal perspective and ensure its alignment; participate in the development of annual divisional plans and ensures its implementation; produce periodic reports.

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 the introduction of new rules or amendment of the Rules; drafts Rules of the Exchange, 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.
• Engages in the development of strategy, arguments, and testimonies in preparation for presentation of case before courts of law or other judicial or quasi-judicial institutions;
• Gathers all necessary evidence to formulate a defense or to initiate legal action to defend the interests of the Exchange;
• Prepares responses to requests made by courts and law enforcement agencies;
• Prepares recommendations on action to be taken on legal issues that concern the Exchange to prevent or avoid unnecessary litigation and minimize cost and risks;
• Provides day-to-day legal advice and interpretations on administrative and operational issues as requested by the respective functional units 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 rule 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.

• LLM/LLB
• 4/6 years relevant work experience in the judiciary, prosecution, and legal advisory field