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

للتقدم على الوظيفة اضغط هنا