Metals Exchange Specialist

BT Sharp Advisory; Riyadh; On-site; SAR 60,000 - 90,000; Full time

Job summary

A leading company in the recycling industry seeks a professional for an account management role focused on the London Metal Exchange. The ideal candidate will have a background in finance or business administration, with at least 3 years of experience in commodity trading. Responsibilities include coordinating with clients and banks, ensuring compliance, and managing transactions, demanding strong analytical skills and fluency in both English and Arabic.

Qualifications

• Minimum of 3 years of experience in commodity trading or metal exchange operations.
• Strong analytical and problem-solving skills.
• In-depth knowledge of trade finance instruments, including Letters of Credit.

Responsibilities

• Open and maintain accounts with the LME as per compliance standards.
• Communicate with clients to confirm and close fixed deals.
• Track and follow up on client outstanding balances.

Skills

Knowledge of London Metal Exchange (LME)

Communication Skills

Coordination Skills

Analytical Skills

Problem-Solving Skills

Fluency in English

Fluency in Arabic

Education

Bachelor's degree in Finance

Bachelor's degree in Business Administration

Bachelor's degree in Economics

Tools

MS Office

ERP Systems

Job description

Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)

Nationality

Any Nationality

Vacancy

1 Vacancy

Job Description

Role & responsibilities

• LME Account Management:
  Open and maintain accounts with the London Metal Exchange (LME) as per internal and external compliance standards.
• Daily Price Fixing:
  Coordinate with the procurement team to fix metal prices and materials on a daily basis based on buyers requirements.
• Client Coordination:
  Communicate with clients to confirm and close fixed deals, ensuring clear documentation and mutual agreement.
• Bank & Finance Coordination:
• Work with banks and the finance department to manage LME payments and related insurance.
• Support the issuance and processing of Letters of Credit (LCs) when used for metal purchases.
• Receivables Management:
  Track and follow up on client outstanding balances related to exchange transactions to ensure timely collections.

Qualifications:

• Education:
  Bachelor's degree in Finance, Business Administration, Economics, or a related field.
• Experience:
  Minimum of 3 years of experience in commodity trading, metal exchange operations, or a similar financial coordination role.
• Skills:
• In-depth knowledge of the London Metal Exchange (LME) and commodity pricing mechanisms
• Strong communication and coordination skills
• Proficient in MS Office (Excel, Outlook) and ERP systems
• Knowledge of trade finance instruments, including Letters of Credit

Strong analytical and problem-solving skills

Fluency in English & Arabic

Working Conditions:

• Full-time position
• May require occasional coordination outside standard business hours due to market timing
• Office-based with some flexibility depending on operational needs
• This position is for client location in Riaydh, Saudi Arabia. Client's industry is recycling

Company Industry

• Recruitment
• Placement Firm
• Executive Search

Department / Functional Area

• Business Development

Keywords

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