Jawatan Kosong Perbadanan Bekalan Air Pulau Pinang

Written By Admin on Wednesday, July 21, 2010 | 10:17 PM

Our mission is to serve as a leading organisation in water supply. Join us for a new rewarding career and take on challenge in the water supply industry positively, proactively and productively. We invite dedicated and suitably qualified individuals to join our team for the following vacancies:-

SENIOR CLERICAL OFFICER

Responsibilities:

Maintaining strong rapport with Investment Banks, PR Companies and Research Analysts
Monitor and update PBAHB's Corporate website and subsidiaries business updates
Continuously update Fund Managers on Corporate Strategies and plans
Responsible in maintaining rapport with existing clienteles and new prospects
Responsible in formulating marketing plans and strategies
Responsible in creating and planning of marketing and promotional activities
Responsible in monitoring product development and analysing product performance
Responsible for the sales process, presentation, proposals & negotiations
Responsible in marketing & business development of PBA Group
Developing new markets
To perform any other duties assigned from time to time

Requirements:

Possess minimum STPM/ Diploma in Business Studies / Finance or equivalent qualification (approved by MQA)
Minimum 5 years experience in administration field
Diploma in non-technical field will be an added advantage
Computer literate in Microsoft Office
Proficient in both written and spoken Bahasa Malaysia and English
Good interpersonal skills with ability to interact with people within the organization as well as with various agencies and external representative
Ability to handle office administration, sales & marketing activities
Positive attitude, initiative and able to work independently with minimum supervision

Write To

Applicants should be Malaysian citizens or hold relevant residence status. Interested candidates are required to submit their applications together with full personal particulars, qualifications and experience, stating present and expected salary, contact number together with a recent passport-sized photograph (n.r) on or before 24 JULY 2010 to:-

HUMAN RESOURCE MANAGER
PERBADANAN BEKALAN AIR PULAU PINANG SDN BHD
LEVEL 32, KOMTAR, 10000 JALAN PENANG, PULAU PINANG

or email to : HRD@pba.com.my

Please indicate the position applied for at the top left corner of the envelope.
Only shortlisted candidates will be notified.

How Forex Brokers Work

Like any other business in the history of business, your broker’s raison d’etre, is to make as big a profit as possible. There are about as many ways to go about this as there are brokers. For those who are in it for the long haul, however, it is generally best to adopt a set of practices which are deemed fair by their clients: certain boundaries are set, and operating beyond them can cost a brokerage its reputation, and along with it its clients. Straying outside these boundaries, therefore, is not considered as being in line with the long term goals of the business. How strictly these boundaries are enforced, especially when there is little chance of clients ever even becoming aware of any transgression, again varies from business to business. For the sake of simplicity, in this article we assume that everyone in the business is squeaky clean, as if every client could peek into the broker’s back office at any time and dissect every trade. This is obviously not the case, and many brokers do take advantage of this opaqueness, but the details of that are best left for another discussion.

So without further ado, let’s get into the details of how forex brokers function. Somewhat removed from the top-tier interbank market, retail forex brokers are there to provide a service that would otherwise not be available, that is, giving an investor with a $10,000 bankroll the chance to speculate in the up-until-recently very exclusive forex market. There are generally considered to be 2 types of brokers providing access at the retail level: Electronic Communications Networks (ECNs) and Market Makers. ECNs are generally somewhat more exclusive, requiring larger deposits to get started, but are seen as providing more direct access to the interbank market. As we will see, there are certainly advantages to this, but some disadvantages as well. Market makers, on the other hand are more often than not, the counter party to their clients’ trades, creating somewhat of a conflict of interest, whereas ECNs profit from commission fees charged directly to the clients, regardless of the result of any trade, they are seen as being completely impartial – an ECN has no incentive for a client to lose money. In fact, one could argue that an ECN stands to profit more if a client is successful, meaning that s/he will stay around longer and they will be able to collect more commission fees from them. A market maker, on the other hand, being the counterparty to a client’s trade, makes money if the client loses money, providing an incentive for some shady practices, particularly in an unregulated market. The extent to which this happens varies among individual brokers. There are also some benefits to trading with a market maker (see our ECNs vs. Market Makers article) Some brokers also provide a service that doesn’t quite fit into either category – they route different orders differently, depending on complex algorithms, or on a dealing desk, that analyze each order and attempt to fill it in the way that will be most beneficial to the broker’s bottom line. They can offset some client orders against one another, effectively creating an in-house market, they can choose to be the counterparty to a client’s trade (trade “against” the client), or they can offset their position with a hedge through a higher-tier counterparty. Note that the market maker is mainly concerned with managing its net exposure, and NOT with any single individual’s trades. They are NOT gunning for your stop losses specifically, but may be gunning for clusters of stops.

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