Physical / Paper Trader (Precious Metals)

金利香港; Hong Kong; On-site; HKD 900,000 - 1,500,000; Full time

Job summary

金利香港 seeks an accomplished Physical Trader to manage sourcing, arbitrage, and delivery of precious metals in Hong Kong. You will drive profitability through a range of instruments and collaborate with sales, compliance, and operations.

The role requires a Bachelor’s degree or above, 8+ years in physical metals trading, strong risk and market analysis capabilities, and fluency in English and Chinese (Putonghua). Banking exposure in HK is preferred.

Qualifications

• Bachelor’s degree or above in Finance, Economics, Mathematics, Quantitative Disciplines.
• Minimum 8 years of hands-on experience in physical gold or precious metals trading.
• Strong knowledge of physical supply chain, logistics, and Hong Kong regulatory landscape (SFC, HKMA).
• Excellent client relationship management and negotiation skills.
• Fluent in English and Chinese (including Putonghua).
• Experience in banking or financial institutions in Hong Kong is preferred.

Responsibilities

• Achieve individual profit targets through active dealing and trading in precious metals (spot, forwards, swaps, options, futures, and loans).
• Independently develop and execute trading strategies while managing portfolio positions and market risk within authorized limits.
• Provide timely, professional quoting and order execution services to both internal and external clients.
• Monitor global market trends, conduct in-depth research, and prepare market analysis, forecasts, commentary, and reports to support management’s business strategies.
• Contribute to the development of new precious metal and commodity products and business initiatives.
• Ensure full compliance with regulatory requirements (SFC, HKMA) and internal risk management policies.

Skills

Negotiation

Client relationship management

Cross-functional collaboration

English and Chinese (Putonghua)

Market analysis

Risk management

Excel / VBA

Communication

Problem solving

Education

Bachelor’s degree or above in Finance, Economics, Mathematics, Quantitative Disciplines

Tools

Excel

VBA

Job description

Physical / Paper Trader (Precious Metals)

Execute client transactions in physical gold and related products, including sourcing, sales, arbitrage, and physical delivery.

Manage the full physical trade lifecycle: inquiries, negotiation, contract execution, logistics coordination, settlement, and documentation.

Build and maintain strong relationships with suppliers, refiners, customers, logistics partners, and counterparties.

Monitor physical position risk and work closely with the paper trading team to implement effective hedging strategies.

Track physical market trends, premiums/discounts, and identify new trading and arbitrage opportunities.

Support business expansion, infrastructure development, and regulatory reporting for the physical precious metals business in Hong Kong.

Requirements

Bachelor’s degree or above in Finance, Economics, or related disciplines.

Minimum 8 years of hands‑on experience in physical gold or precious metals trading.

Good understanding of physical supply chain, logistics, quality specifications, and Hong Kong regulatory landscape (SFC, HKMA).

Strong commercial acumen, negotiation, and client relationship management skills.

Ability to collaborate effectively with cross‑functional teams (sales, compliance, operations).

Fluent in English and Chinese (including Putonghua).

Experience in banking or financial institutions in Hong Kong is preferred.

Candidates with less experience will be considered as Junior Physical Trader

Key Responsibilities

Achieve individual profit targets through active dealing and trading in precious metals (spot, forwards, swaps, options, futures, and loans).

Independently develop and execute trading strategies while managing portfolio positions and market risk within authorized limits.

Provide timely, professional quoting and order execution services to both internal and external clients.

Monitor global market trends, conduct in-depth research, and prepare market analysis, forecasts, commentary, and reports to support management’s business strategies.

Contribute to the development of new precious metal and commodity products and business initiatives.

Ensure full compliance with regulatory requirements (SFC, HKMA) and internal risk management policies.

Requirements

Bachelor’s degree or above in Finance, Economics, Mathematics, Quantitative Disciplines, or related fields.

Minimum 8 years of relevant experience in precious metals or bullion derivatives trading, preferably in a banking or financial institution.

Solid knowledge of precious metals products (spot, forward, swap, options, loans).

Strong analytical, quantitative, and risk management skills with proven ability to generate trading profits.

Proficiency in Excel and / or VBA is a plus.

Excellent communication, interpersonal, and problem‑solving skills.

Fluent in both spoken and written English and Chinese (including Putonghua).

Familiarity with Hong Kong and global precious metals markets (e.g., SGE, COMEX, LBMA, HKGE) is preferred.

Candidates with less experience will be considered as Junior Paper Trader.

Data Confidentiality

All personal information collected will be treated with strict confidentiality and used solely for the purpose of this recruitment process.