Associate Merchant Job Description


Author: Loyd
Published: 11 Mar 2020

Visual merchandising associates in retail, How Much Does an Associate Merchant Make?, A Policy of the Board for Acquiring Issues in Corporate Securities and more about associate merchant job. Get more data about associate merchant job for your career planning.

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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.

See also our paper on Merchandising Associate career description.

How Much Does an Associate Merchant Make?

How much does an associate merchant make? The average Associate Merchant salary is 69,957, but the range is between $60,214 and $81,566. Many important factors, including education, certifications, additional skills, and the number of years you have spent in your profession, can affect the salary range. With more online, real-time compensation data than any other website, helps you determine your exact pay target.

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.

Read our paper on Capital Markets Associate career description.

Investment Banking Interview Questions

Investment banking interview questions at the Associate level are the same as they are at the senior level: you still need to know accounting, valuation, and financial modeling, you still need a solid story, and you can discuss deals.

Purchasing and Selling Metrics at Large Retailers

People are usually the first to see the available merchandise. They put products from the storeroom or new items from a delivery truck on the sales floor to sell to customers. Benefits such as health insurance, continuing education, and paid vacation leave may or may not be provided to merchandise associates depending on the employer.

Read also our story on Associate Retail job planning.

Associate Merchants

An associate merchant is a person who helps a company sell goods or services. Many businesses employ associate merchants, including apparel retailers, banks, and even bakeries, so those seeking employment as an associate merchant have a wide variety of positions to choose from.

Purchasing Inventory Management Systems

A lot of tasks can be done by merchandise associates. You may be helping to unload delivery vehicles and stocking shelves. Higher positions work closely with managers and vendors to create a stock that will move quickly and satisfy customers.

Read our column about Grocery Associate job guide.

Customer Service Skills in Retail

Customer service skills are important for retail jobs. Retail associates need to be friendly and positive to help customers make purchases and resolve any issues they face while shopping.

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