Commodity Trader

2 weeks ago


Singapore CA Search Full time
Commodities, Oil and Energy

  • 04 March 2024

Offered Salary:

  • Salary will commensurate with relevant experience

Experience:

years

Qualifications:

  • Bachelor's Degree

Location:

  • Singapore, Singapore

SUMMARY:


A leading Chinese metal smelter is hiring traders to join the derivatives trading team with its Singapore's office setup in 2023.

We are looking for experienced traders with proven track record in proprietary and/ or derivatives trading in commodity for precious metal/ non-ferrous metal/ ferrous metal/ energy/ chemical.


THE ROLE:


Manage the trading book autonomously (within the risk limits) and ensure the positions and strategies remain within the specified risk and credit parameters.

Identify potential events/problems that may cause these parameters to be breached
Generate a positive PnL and take ownership of the commodity assigned to you.
Develop trading strategies and action plans
Liaise with HQ to identify trading opportunities and interact frequently on prevailing market conditions
Prepare daily trading updates, P&L and risk reporting for trading desk, dealing desk and senior management

REQUIREMENTS:

Bachelor's Degree
8-12 years of proprietary and/ or derivatives trading experience in precious metal/ ferrous metal/ non-ferrous metal/ energy/ chemical
Entrepreneurial spirit, self-disciplined and stress-resistant
Experience in developing and implementing trading strategies
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