Global Iron Ore Procurement Specialist

6 days ago

Singapore beBeeIronOre Full time $150,000 - $200,000
Iron Ore Trader Job Description

The Iron Ore Trader will play a crucial role in the company's global trading operations, responsible for sourcing and securing iron ore contracts from global producers, suppliers, and consumers.

Key Responsibilities:

  • Sourcing and securing iron ore contracts from global producers, suppliers, and consumers to meet business requirements and optimize profitability.
  • Managing the entire trading process, including procurement, pricing, logistics, transportation, and delivery to ensure seamless execution and minimize risks.
  • Negotiating favorable contract terms and developing strong relationships with key stakeholders to drive mutual growth and success.
  • Monitoring market trends, supply-demand dynamics, and geopolitical factors to guide trading decisions and stay ahead of the competition.
  • Oversight of inventory management and efficient material movement across regions to maximize resource utilization and reduce costs.

Requirements:

  • Degree in Economics or related field to provide a solid foundation in market analysis, trade finance, and risk management.
  • At least 2 years of experience in bulk trading, with Iron Ore/Coking Coal experience preferred to demonstrate expertise in global markets and trade flows.
  • Strong knowledge of global iron ore markets, trade flows, pricing mechanisms, and logistics to inform strategic decision-making and optimize trading performance.
  • Expertise in managing complex physical trades, including international shipping and regulatory considerations to ensure compliance and minimize disruptions.

Preferred Skills:

  • Negotiation and relationship management skills to build trust and foster collaboration with suppliers, customers, and other stakeholders.
  • Analytical abilities to assess market conditions, price fluctuations, and supply chain dynamics to identify opportunities and mitigate risks.
  • Risk management and decision-making skills in a fast-paced, volatile market to navigate uncertainty and capitalize on emerging trends.
  • Proficiency in trade finance and understanding of key financial instruments related to physical trading to manage risk and optimize returns.

About This Role:

This is an exciting opportunity for a skilled professional to join our team and contribute to our success. If you have a passion for iron ore trading and a proven track record of achieving results, we encourage you to apply.

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