Refined Metals Trader
Trade bulk / metals (refined, concentrates metals or other bulk) physically for both international and domestic business in China; develop the domestic metals products market, manage the P&L and risk.
Knowledge Skills and Abilities, Key Responsibilities:
Knowledge, Skills and Abilities\nMore than 5 years experience with respect to the bulk / metals markets and/or related cross-commodity trading is an asset.\n• A full and detailed understanding of the fundamental drivers of the China Metals markets\n• Experience of developing & implementing of trading strategies and tactics with accountability for delivery against annual profit target\n• Good customer contacts \n• Knowledge of warehousing, finance, accounting and typical risk management methodologies\n• Entrepreneurial spirit, self-disciplined, Stress-resistant\n• Negotiation skills and ease of communication are an important component to succeed in the position\n• Exceptional communication and presentation skills - both written and verbal \n• Able to work effectively at all levels in an organization \n• Excellent active listening skills \n• Strong problem solving and decision making abilities\n• Must be a team player and able to work with and through others \n• Ability to influence others\n• Excellent analytical, commercial and numerical sense\n\nKey Responsibilities\n1. Commercial and Trading \n• Drives, develops and support the trading activity to expand the domestic and international business\n• Ensures continuous price discovery and keeping a constant up to date knowledge of the market at large \n• Manages the book autonomously (within the risk limits); ensuring the business remains within the agreed risk and credit parameters, and identifying potential shocks that may cause these parameters to be breached\n• Contacts/visits customers to maintain long term relationship with the downstream party e.g. smelters, metals fabricators and etc.\n• Maintains contacts (build & maintain network) with other industry participants including traders and brokers\n• Generates positive team P/L based on Physical Metals positions and related commodities positions (if any) for both domestic and international business\n• Works with various commodity/business to establish new business plans and strategies to support the long-term strategic business goals\n2. Working with Others\n• Liaises with head office / other branches / derivatives team to identify opportunities, discuss the prevailing market and inform them of new developments\n• Liaises with Finance / Risk department to set up of new counterparties from a credit and risk profile, including regularly updating the credit and risk profile of existing customers\n• Liaises with Structured Trade Finance department to identify and develop financing and off-take opportunities\n• Allocates TBV/TAG's short & long positions in mainland China, Taiwan, Korea, and India etc \n• Collaborates with the traffic team and helps to resolve problems whenever required to support smooth operating condition\n• Develops and maintains the relationship with other departments, key customers, local authorities and understands the government regulatory to support the continuous growth of China business
Key Relationships and Department Overview:
Key Relationships \n- Customers; Business Partners ; Government Bodies\n- China based TRAFIGURAigura Traders\n- Colleagues in head office and offices in other countries\n- Customers/Receivers/Traders in China\n- Offshore suppliers for physical metals\n- Banks\n- Warehouses\n\nDepartment\nBulk / Metals Trading