Senior Gold Trader — Global Markets (Dubai)

Marlin Selection Recruitment; Dubai; On-site; AED 250,000 - 600,000; Full time

Job summary

Marlin Selection Recruitment is supporting a leading international gold and precious metals business in Dubai to hire a senior Gold Trader for its corporate headquarters. The role focuses on day-to-day physical gold trading, dealing with suppliers, customers and counterparties across an international network.

The ideal candidate has around 10+ years' experience in gold or physical commodities, with deep knowledge of pricing, execution, risk and hedging, and a proven ability to identify

Qualifications

• Approximately 10+ years' professional trading experience.
• Exposure to gold, precious metals or physical commodities.
• Solid understanding of physical trading, pricing, execution and risk.
• Knowledge of spot, forwards and hedging would be advantageous.
• Strong numerical and analytical skills.
• Good commercial judgement and ability to identify trading opportunities.
• Confidence dealing with clients, suppliers and counterparties.
• Excellent attention to detail in a fast-moving trading environment.
• Direct physical gold trading experience would be particularly attractive.

Responsibilities

• Execute physical gold and precious metals transactions across international markets.
• Monitor global gold prices, market movements, liquidity and trading opportunities.
• Develop and maintain relationships with suppliers, refiners, bullion dealers, banks and other counterparties.
• Negotiate pricing, premiums and commercial terms with customers and suppliers.
• Monitor trading positions, exposures and P&L.
• Support the sourcing and sale of physical gold across international markets.
• Analyse market fundamentals, supply and demand, macroeconomic developments and other factors affecting precious-metals prices.
• Work closely with senior traders to identify new trading and arbitrage opportunities.
• Coordinate with Operations, Finance, Treasury, Logistics, Risk and Compliance to ensure transactions are executed and settled efficiently.
• Assist with hedging physical exposures using appropriate market instruments.
• Monitor counterparty exposure and ensure trading remains within agreed risk limits.
• Maintain accurate trading records and provide regular reporting on positions, P&L and market activity.
• Ensure all trading activity complies with internal risk, compliance, AML and responsible-sourcing requirements.
• Build relationships with existing clients while identifying opportunities to develop new business.

Job description

Marlin Selection Recruitment is supporting a leading international gold and precious metals business in Dubai to hire a senior Gold Trader for its corporate headquarters. The role focuses on day-to-day physical gold trading, dealing with suppliers, customers and counterparties across an international network.

The ideal candidate has around 10+ years' experience in gold or physical commodities, with deep knowledge of pricing, execution, risk and hedging, and a proven ability to identify