Trader (Iron & Metal)
Salary undisclosed
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Key Responsibilities:
- Trading & Business Development:
- Develop and execute physical trades in Iron Ore & Metallics markets with a focus on non-India sourcing.
- Ensure accuracy of trades and positions in relevant trading systems.
- Draft business proposals and contracts while collaborating with Legal and Compliance teams on commercial terms.
- Work closely with the Trade Operations Team on daily operational matters such as LC, LOI, shipping, and logistics.
- Engage with external stakeholders, including suppliers, buyers, and counterparties, to establish strong trading relationships.
- Conduct domestic and international visits for business discussions and negotiations.
- Identify and develop new customers and suppliers while maintaining existing relationships.
- Collaborate with internal teams, including Market Risk and Credit, to adhere to internal control requirements.
- Market Intelligence & Analysis:
- Research and analyse industry developments, supply-demand dynamics, and pricing trends using various sources.
- Provide regular market reports and insights to internal stakeholders.
- Create business and financial reports as required.
- Understand and apply accounting principles relevant to transactions.
- Compliance & Risk Management:
- Ensure adherence to company policies, trade regulations, and international compliance requirements.
- Operate within designated business frameworks and assigned trading limits.
- Prepare and maintain supporting documents for internal control and audit purposes.
- Coordinate with Legal and Compliance teams for counterparty registration (KYC, AML, etc.).
- Prepare and manage Security Trade Control documentation to ensure compliance.
- Collaborate with Finance and Accounting for accurate accounting treatments.
Requirements:
- Experience: 8-10 years of experience in global trading of iron ore with a proven track record of minimum 1 Million MT per annum.
- Industry Network: Well-established relationships with suppliers and buyers in various global markets, excluding India.
- Market Knowledge: Strong understanding of iron ore and metal scrap commodities, value chain, and pricing mechanisms.
- Trade Operations: In-depth knowledge of international trading practices, L/C, trade finance, security trade control, and compliance.
- Analytical & Strategic Thinking: Ability to assess market conditions, analyse data, and make informed trading decisions.
- Financial Acumen: Familiarity with paper markets, hedging strategies, and book position management.
- Negotiation & Relationship Management: Excellent interpersonal and negotiation skills to secure competitive deals.
- Language Skills: Proficiency in Mandarin and English is required; additional languages are a plus.
- Location: Based in China with a willingness to travel internationally as required.
Preferred Qualifications:
- Experience in managing physical and futures markets.
- Knowledge of macroeconomic, cultural, and political factors impacting the global iron ore market.
- Ability to navigate international trade compliance and regulatory frameworks effectively.
Interested applicants kindly reach us at [email protected]
All shortlisted candidates will be contacted
RGF Privacy Policy - https://www.singapore.rgf-professional.com/privacy-policy
Disclaimer: The Company complies with the Tripartite Guidelines on Fair Employment Practices (TGFEP), including the prevailing guidelines on recruitment. All qualified applicants will be considered for the position regardless of their age, race, religion, nationality, marital status, or family responsibilities. A more detailed discussion of the TGFEP is available on the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) website at https://www.tal.sg/tafep
Key Responsibilities:
- Trading & Business Development:
- Develop and execute physical trades in Iron Ore & Metallics markets with a focus on non-India sourcing.
- Ensure accuracy of trades and positions in relevant trading systems.
- Draft business proposals and contracts while collaborating with Legal and Compliance teams on commercial terms.
- Work closely with the Trade Operations Team on daily operational matters such as LC, LOI, shipping, and logistics.
- Engage with external stakeholders, including suppliers, buyers, and counterparties, to establish strong trading relationships.
- Conduct domestic and international visits for business discussions and negotiations.
- Identify and develop new customers and suppliers while maintaining existing relationships.
- Collaborate with internal teams, including Market Risk and Credit, to adhere to internal control requirements.
- Market Intelligence & Analysis:
- Research and analyse industry developments, supply-demand dynamics, and pricing trends using various sources.
- Provide regular market reports and insights to internal stakeholders.
- Create business and financial reports as required.
- Understand and apply accounting principles relevant to transactions.
- Compliance & Risk Management:
- Ensure adherence to company policies, trade regulations, and international compliance requirements.
- Operate within designated business frameworks and assigned trading limits.
- Prepare and maintain supporting documents for internal control and audit purposes.
- Coordinate with Legal and Compliance teams for counterparty registration (KYC, AML, etc.).
- Prepare and manage Security Trade Control documentation to ensure compliance.
- Collaborate with Finance and Accounting for accurate accounting treatments.
Requirements:
- Experience: 8-10 years of experience in global trading of iron ore with a proven track record of minimum 1 Million MT per annum.
- Industry Network: Well-established relationships with suppliers and buyers in various global markets, excluding India.
- Market Knowledge: Strong understanding of iron ore and metal scrap commodities, value chain, and pricing mechanisms.
- Trade Operations: In-depth knowledge of international trading practices, L/C, trade finance, security trade control, and compliance.
- Analytical & Strategic Thinking: Ability to assess market conditions, analyse data, and make informed trading decisions.
- Financial Acumen: Familiarity with paper markets, hedging strategies, and book position management.
- Negotiation & Relationship Management: Excellent interpersonal and negotiation skills to secure competitive deals.
- Language Skills: Proficiency in Mandarin and English is required; additional languages are a plus.
- Location: Based in China with a willingness to travel internationally as required.
Preferred Qualifications:
- Experience in managing physical and futures markets.
- Knowledge of macroeconomic, cultural, and political factors impacting the global iron ore market.
- Ability to navigate international trade compliance and regulatory frameworks effectively.
Interested applicants kindly reach us at [email protected]
All shortlisted candidates will be contacted
RGF Privacy Policy - https://www.singapore.rgf-professional.com/privacy-policy
Disclaimer: The Company complies with the Tripartite Guidelines on Fair Employment Practices (TGFEP), including the prevailing guidelines on recruitment. All qualified applicants will be considered for the position regardless of their age, race, religion, nationality, marital status, or family responsibilities. A more detailed discussion of the TGFEP is available on the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) website at https://www.tal.sg/tafep