Manager - Trading

IFFCO Group; Dubai; On-site; AED 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a skilled trader to achieve financial objectives through strategic trading activities. This role involves identifying and capitalizing on trading opportunities across physical and futures markets, while adhering to risk management guidelines. With a focus on achieving P&L objectives, the ideal candidate will have 8-10 years of experience in a large commodity trading house and a strong understanding of global markets and commodity trends. Join a dynamic team where your insights will enhance market knowledge and drive success in a fast-paced environment.

Qualifications

• 8-10 years of experience in commodity trading.
• Knowledge of global markets and commodity trends.

Responsibilities

• Identify trading opportunities and develop strategies in physical and futures markets.
• Manage trading strategies and achieve P&L objectives.

Skills

Trading Strategies

Market Analysis

Risk Management

Strategic Thinking

Decision Making

Education

Graduate degree in Economics

Graduate degree in Business

Graduate degree in Agronomics

Job description

Job Description

Achieve the organisation's financial objectives through trading activities.

Responsibilities:

1. Identify trading opportunities in assigned categories and develop strategies in both physical and futures markets, utilizing arbitrage, cross-commodity spreads, calendar spreads, and other market opportunities.
2. Manage trading strategies approved by management within policy guidelines.
3. Achieve P&L objectives set by management through effective trading.
4. Monitor price trends and market information to generate trading opportunities.
5. Adhere to group risk management guidelines; report daily positions, MTM, and counterparty exposures.
6. Share market insights with other traders and supply chain buyers to enhance market knowledge across the trading desk.
7. Operate swiftly in highly volatile markets to capitalize on short-term trading opportunities.

KPIs

Achievement of P&L objectives.

Work Experience Requirements

8-10 years of experience in a large commodity trading house handling assigned trading categories.

Qualifications

Graduate degree in Economics, Business, or Agronomics.

Knowledge of Global Markets and Commodities Business Trends, Hedging, Business Acumen, Self and Team Management, Planning & Decision Making, Strategic Thinking, Change Management, Ownership & Result Orientation.

Business Unit: Corporate - Oils & Fats (4179)