LME Metals Hedging Specialist | Trader & Risk Manager

Mowla International; Medina; On-site; SAR 134,000 - 223,000; Full time

Benefits offered by this job

Food accommodation and transportation

Bonus as per policy

21 days annual leave

Air ticket after 2 years

Medical and insurance provided

KSA Labour Law benefits

Job summary

Mowla International in Saudi Arabia invites an experienced LME Trader to hedge base metals and manage LME futures and options. You will execute hedges, monitor forward curves, and optimize entry/exit timing for raw material purchases and sales.

Candidates should have 5–8 years of hands-on LME trading/hedging experience, strong knowledge of LME contracts, and fluent English. Bachelor's in Finance/Economics; CFA/FRM an advantage. Competitive salary 12,000–20,000 SAR/month.

Qualifications

• Minimum 5–8 years of hands-on LME trading/hedging experience (mandatory).
• Experience in a metals producer, recycler, trading house or LME broker preferred.
• Strong knowledge of LME contracts, prompt dates, spreads and hedging instruments.
• Bachelor's degree in Finance, Economics or related field (MBA Finance preferred).
• CFA / FRM will be an added advantage.
• Fluent spoken English (compulsory).

Responsibilities

• Execute and manage hedges on LME for base metals.
• Monitor LME spot prices forward curves cash-3M spreads settlements and warehouse stock levels.
• Determine optimal hedge levels coverage ratios and entry exit timing for raw material purchases and sales.
• Use LME futures and options to minimise metal price risk on physical positions.
• Track global supply-demand macroeconomic data and market events affecting metal prices.
• Perform scenario analysis back-testing and sensitivity analysis on hedge performance.
• Monitor open positions mark-to-market values and hedge effectiveness.
• Coordinate with LME brokers Finance Procurement and Trading teams.
• Prepare daily weekly and monthly market and risk-exposure reports for management.
• Ensure compliance with company risk management policies and limits.

Skills

LME trading

Hedging

Advanced Excel

Power BI

Python

Fluent English

Education

Bachelor's degree in Finance or Economics

MBA Finance (preferred)

Tools

Excel

Power BI

Python

Job description

Mowla International in Saudi Arabia invites an experienced LME Trader to hedge base metals and manage LME futures and options. You will execute hedges, monitor forward curves, and optimize entry/exit timing for raw material purchases and sales.

Candidates should have 5–8 years of hands-on LME trading/hedging experience, strong knowledge of LME contracts, and fluent English. Bachelor's in Finance/Economics; CFA/FRM an advantage. Competitive salary 12,000–20,000 SAR/month.