Associate Merchant Job Description

Visual merchandising associates in retail

Retail is a good place to work if you want to get a job-of-last-resort. Some retail industry jobs like visual merchandising associate are popular, coveted, competitive and viewed as being one of the fun jobs that the retail industry has to offer. The salary range can be affected by the size and location of the retail operation.

The level at which a visual merchandising associate is hired and their experience influence compensation. The visual merchandising associates need to be able to carry up to 50 pounds of merchandise and fixture. The visual merchandising associate position is physically demanding and they are walking for eight or more hours a day.

A Policy of the Board for Acquiring Issues in Corporate Securities

The appointment of a lead merchant banker is not essential if the amount of the issue of the body corporate does not exceed fifty thousand dollars. Before taking up an assignment relating to an issue, every lead merchant banker should enter into an agreement with a body corporate setting out their mutual rights, liabilities and obligations relating to the issue. The responsibilities of each of the lead merchant bankers will be clearly defined and a statement specifying them will be furnished to the Board one month before the issue for subscription.

If the lead merchant banker is unable to accept the minimum underwriting obligation, the lead merchant banker will make an arrangement for the issue to be covered by a merchant banker associated with the issue, and the Board will be informed of such arrangement. The lead merchant banker who is responsible for verification of the contents of a prospectus or the letter offer in respect of an issue and the reasonableness of the views expressed therein, will submit to the Board two weeks prior to the opening of the issue for subscription. The lead manager will continue to be associated with the issue until the subscribers have received the share or debenture certificates of refund or excess application money.

No merchant bankers or their associates or relatives will ever enter into any transaction in securities of bodies corporate on the basis of unpublished price sensitive information obtained by them during the course of any professional assignment either from the clients or from their associates. Every merchant banker must submit to the Board complete particulars of any transaction for acquisition of securities of any corporate whose issue is being managed by that merchant banker within fifteen days from the date of entering into such transaction. Every merchant bank has to appoint a compliance officer who will be responsible for monitoring the compliance of the Act, rules and regulations, notifications, guidelines, instructions, etc.

The merchant bankers who are being inspected must give the inspecting authority the books, accounts and other documents in his custody or control and give him the statements and information relating to his activities as a merchant. The merchant banker will allow the inspecting authority to have reasonable access to the premises occupied by him or any other person his behalf and also extend reasonable facility for examining any books, records, documents and computer data in the possession of him or any other person. The merchant bankers should give all assistance to the authority in connection with the inspection which they may reasonably be expected to give.