Senior Precious Metals Trader - 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

Experience: 10+ years

Employment: Full-time

The Opportunity

We are working with a leading international gold and precious metals business seeking a Gold Trader to join its trading team at its Corporate Headquarters in Dubai.

This is an excellent opportunity for an ambitious trader with approximately 10+ years' experience in gold, precious metals or physical commodities to develop their career within a large international organisation.

The successful candidate will be involved in the day-to-day trading of gold and precious metals, working closely with suppliers, customers, counterparties and internal teams across an international network.

Key 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 market 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.

Candidate Profile

We are looking for a commercially minded individual who has already developed a solid understanding of commodity or precious‑metals markets and is looking to take the next step in their trading career.

The ideal candidate will have:

• Approximately 10+ years' professional trading experience.
• Previous exposure to gold, precious metals or physical commodities.
• A good understanding of physical trading, pricing, execution and risk.
• Knowledge of international gold and precious‑metals markets.
• Understanding of spot, forwards and hedging would be advantageous.
• Strong numerical and analytical skills.
• Good commercial judgement and an ability to identify trading opportunities.
• Confidence dealing directly with clients, suppliers and counterparties.
• Strong communication and relationship‑building skills.
• An understanding of P&L, trading positions and risk management.
• Excellent attention to detail and the ability to operate effectively in a fast‑moving trading environment.

Direct physical gold trading experience would be particularly attractive, although candidates from other precious metals or closely related physical commodity markets will also be considered.

The Role

This position offers the opportunity to join the Corporate Headquarters of a substantial international gold and precious‑metals business in Dubai.

The successful candidate will gain exposure to international physical gold flows, major market counterparties and experienced senior traders, with considerable scope to develop their trading responsibilities as they progress within the business.