Financial Trader
1 week ago
**What you’ll do**
The purpose of Financial Trading is to optimise and execute the price risk mitigation strategy for Shipping, and to develop & execute trading strategies.
The foundation of Financial Trading is to add value to established businesses, facilitating more integrated relationships within and across the value chain.
**KEY TASKS**
**Safety, Health & Environment (required for all roles)**
- We give our all to eliminating injuries because we value life and are unconditional about safety, health and well-being at work and at home.
- Every Marketing Employee will spend time each quarter working on activity which supports Physical Health and Safety.
**Performance & Delivery (required for all roles)**
- Price Risk Management _
- Effective & efficient management of market risk through derivatives
- Execute buying/selling of derivatives via exchanges or OTC, in accordance with company policy and agreed approvals
- Develop hedge strategies to manage exposures generated across the Physical Shipping portfolio
- Advise physical chartering desk on designing innovative, value maximizing offers to customers
- Analysing, interpreting and communicating market price activity and signals internally
- Stay abreast of freight market developments and competitor strategies to develop and propose a value maximising trading strategy to the Manager - Financial Trading (Shipping)
- Work with the Manager - Financial Trading (Shipping) to look at opportunities to extend trading capability to include other Financial products, and to work with external parties to develop other Financial product derivatives routes to market as appropriate
- Work with banks and brokers to execute the agreed Price Risk Management strategy
- Stakeholder Management _
- Develop and maintain collaborative relationships with Shipping team in particular with the Scheduling, Chartering and Operations.
- Develop and maintain long-term relationships with ship owners/operators, brokers, traders, and exchanges
- Develop and maintain collaborative relationships with key internal stakeholders, in particular AAML Treasury, Risk and Finance back office
**Compliance (required for all roles)**
- Adherence to all Anglo American Group and Marketing policies and procedures, as well as observing proper standards of conduct relating to the role.
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