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Director, Commodities Trader
Job Description
Job Description
- The Commodity trading desk is providing commodity hedges and risk management solutions. The desk covers a wide product range, covering Energy, Base and Precious Metals and Agriculture
- The role seeks a Commodity trader with specifically strong experience in Base Metals and Iron Ore
- The candidate's primary focus would be to:
- Manage and leverage customer flow to deliver the assigned budget.
- Generate P&L with a detailed knowledge of metals markets (Ferrous and non-ferrous) and Iron Ore.
- Enhance the Commodity desk capabilities and help growing the Metals franchise.
- Establish relationships with key clients and counterparties.
- Support distribution avenues to enhance the flow business
- Price, Execute and Risk manage the client flow
- Natural drive to grow, develop and improve the business
- Manage risk position of the desk within the applicable limits and desk risk tolerance and monitor the risks in the global commodity book
- Be accountable for the risk levels and limits set by desk head and be responsible for adding revenue streams to Commodities
- Have continuous interaction with sales on trading/hedging ideas
- Work closely with the sales team creating solutions
- Work with other international FAB centers capturing flow and pricing for new additional local customers business
- Continually interface with desk head to ensure trading positions are reported daily and the long term requirements of FAB remains the target
- Maintain and enhance market counterparty and customer perception of FAB as the number one institution for local banks and corporates to handle their commodity business hedging requirements.
Qualifications
- Minimum 7 years experience in commodity trading with specifically strong experience in in Base Metals and Iron Ore
- Strong knowledge of commodity markets, trading platforms and trading systems
- Strong analytic background and eager to learn
- Demonstrable track record of managing commodities risk
- Promotes and encourages co-operation within the team and its stakeholders. Maintaining an open dialogue between desks
- Anticipates customer needs and responds to requirements in a timely and efficient manner. Show's strength in building positive relationships with existing and new clients
- Recognizes and demonstrates the ability to exploit new business avenues, generating additional flow for the unit up and beyond his remit
- As a strong team player would show the ability to distribute important news to the room/network
- Adapts to change and supports any new desk initiatives. Promotes new ways of working and remains of a confident and approachable nature
- Has a comprehensive mastery of the key financial and commercial performance indicators of the strategic business unit
- Shows great awareness in developing new products that have the potential to increase revenue and keep the bank at the forefront of changes.
Job Details
Employment Types:
Full time
Industry:
Other
Function:
Finance & Accounts , Oil & Gas
Roles:
Oil Trader / Bunker Trader