About the role
AI summarisedManager/Assistant VP, Commodity Trader (Precious Metals) at a global bank's Global Markets division. Responsible for trading precious metals, managing risk, and building client relationships.
BusinessFull-timeGeneral
Key Responsibilities
- Execute precious metals trades (spot, forwards, swaps, options) for the bank's proprietary book and client orders.
- Develop and implement trading strategies to maximize profitability while managing risk within limits.
- Monitor market trends, economic data, and geopolitical events to identify trading opportunities.
- Build and maintain strong relationships with institutional clients, offering tailored hedging and investment solutions.
- Collaborate with research and sales teams to provide market insights and trade ideas.
- Ensure compliance with internal policies and regulatory requirements (e.g., MAS, AML/KYC).
- Contribute to the development of new products and trading platforms.
- Prepare daily P&L reports and risk reports for management review.
Requirements
- Minimum 5-10 years of experience in precious metals trading or related commodities trading.
- Strong understanding of precious metals markets, derivatives, and hedging strategies.
- Proven track record of profitable trading and risk management.
- Excellent analytical and quantitative skills.
- Strong communication and interpersonal skills for client engagement.
- Ability to work under pressure in a fast-paced trading environment.
- Bachelor's degree in Finance, Economics, Business, or related field.
- Relevant regulatory certifications (e.g., CFA, FRM) preferred.
- Proficiency in Bloomberg and other trading platforms.
- Familiarity with MAS regulations and global market compliance.