Principal Specialist, Trading Management

Ma'aden Aluminium Company (MAC); Riyadh; On-site; SAR 2,000,000 - 3,000,000; Full time

Job summary

Maaden Aluminium Company (MAC) seeks a Principal Specialist Trading Management to maximize the commercial value of Gold Dor sales through market intelligence, price forecasting and trading strategy evaluation. You will act as the internal advisor on pricing and market timing, develop forecasts, and provide strategic recommendations to Sales, Commercial, and Leadership to optimize revenue and risk.

This role requires deep experience in gold markets, LBMA pricing, derivatives and advanced

Qualifications

• Bachelor's degree in business or related field; MBA preferred.
• 10–15 years in gold dor trading or related.
• Experience with LBMA pricing, refinery contracts, hedging and derivatives.
• Proven track record in commercial evaluations and pricing decisions.
• Advanced knowledge of gold markets, LBMA pricing, and risk management.
• Strong Excel/Power BI/Think-Cell skills for modeling and dashboards.

Responsibilities

• Monitor global gold and macro markets to identify pricing opportunities.
• Develop short/medium/long-term price forecasts using diverse methods.
• Provide market intelligence reports and strategic pricing guidance.
• Evaluate pricing strategies and market timing for sales cycles.
• Collaborate with Sales, Finance, Operations and Treasury to align pricing decisions.
• Create advanced analytical dashboards and executive presentations.
• Support pricing methodologies in RFP processes and value analyses.

Skills

Gold Dor trading

Market intelligence

Pricing analysis

Risk management

Strategic pricing

Financial modelling

Excel

Power BI

Think-Cell

LBMA pricing

Forecasting

Education

Bachelor's degree in Business/related field

MBA or advanced certification preferred

Tools

Excel

Power BI

Think-Cell

Job description

ROLE PROFILE

Job Title Principal Specialist Trading ManagementReporting to Director Commercial amp physical trading

Business Unit Function GGM Department Business Development - GGM Grade M12 Position Type 0

Why This Role Matters

The Principal Specialist Trading Management is responsible for maximizing the commercial value of Maaden s Gold Dor sales through advanced market intelligence price forecasting commercial analysis and trading strategy evaluation The role serves as the Company s subject matter expert on global precious metals markets and provides strategic advisory support to management and sales teams on pricing decisions market opportunities risk management strategies and sales execution The position is accountable for monitoring market developments evaluating pricing alternatives assessing market risks and identifying value enhancement opportunities through market timing optimized pricing mechanisms and trading structures This role provides actionable recommendations to ensure Maaden achieves the highest possible realized value from its Gold Dor sales while maintaining alignment with the Company s commercial objectives and risk appetite

What You Will Deliver

• Monitor global Gold Dor precious metals foreign exchange interest rate and macroeconomic markets to identify pricing opportunities market trends and commercial risks
• Continuously assess market conditions analyst reports refinery developments geopolitical events central bank activities and economic indicators impacting Gold Dor prices and demand
• Develop and maintain short-term medium-term and long-term gold price forecasts using fundamental technical quantitative and market-based analysis methodologies
• Provide daily weekly monthly quarterly and annual market intelligence reports covering market developments price trends forecasts assumptions opportunities risks and strategic recommendations
• Act as the Company s internal advisor on Gold Dor pricing and commercialization strategies providing expert guidance to the Sales and Commercial teams on pricing decisions and market execution
• Evaluate and recommend optimal sales and pricing strategies for Gold Dor including LBMA AM and PM benchmark pricing Live LBMA spot price execution Auction-based sales mechanisms Fixed-price transactions Formula-based pricing structures Alternative pricing mechanisms offered by refineries and off takers
• Analyze and assess trading and risk management alternatives to enhance commercial value and manage market exposure including Hedging strategies Forward sales arrangements Gold derivative instruments Call option purchasing and selling strategies Put option purchasing and selling strategies Collar structures and other market risk management solutions
• Develop pricing models and commercial scenarios to compare pricing alternatives and identify the most value-accretive strategy for Maaden s Gold Dor sales
• Provide market timing recommendations to maximize realized prices and support commercial decision-making throughout the sales cycle
• Identify opportunities to enhance revenue through market optimization pricing strategy improvements commercial structuring and strategic sales execution
• Track and benchmark Maaden s realized Gold Dor sales performance against global market references industry benchmarks and pricing indices
• Develop and maintain advanced analytical models dashboards and reporting tools utilizing Excel Power BI PowerPoint and Think-Cell to support management reporting and decision-making
• Prepare executive-level presentations and strategic reports highlighting market outlooks price forecasts commercial opportunities risk assessments and performance analyses
• Participate as a Technical and Commercial Evaluator in Maaden s annual Gold Refining and Offtake RFP processes including the evaluation of refinery capabilities commercial terms pricing methodologies treatment and refining charges settlement mechanisms precious metal recoveries and overall economic value
• Collaborate closely with Sales Finance Operations Supply Chain Treasury and senior management to ensure pricing strategies market positioning and commercial decisions are aligned with business objectives
• Maintain comprehensive market intelligence databases and historical pricing records to support forecasting reporting commercial evaluations and strategic planning activities
• Stay informed of developments in global precious metals markets commodity trading practices financial markets risk management tools and emerging industry trends relevant to Gold Dor commercialization
• Provide strategic recommendations to management regarding pricing policies commercialization strategies market exposure refinery selection and revenue optimization initiatives

Qualifications

• Bachelor s degree in business administration, Marketing, or related field; master's degree or professional certification (e.g., MBA) is preferred.
• Minimum of 10-15 years of experience in Gold Dor trading, precious metals marketing, commodity trading, market intelligence, pricing analysis, treasury, risk management, or commercial strategy functions.
• Proven experience in LBMA pricing mechanisms, precious metals markets, refinery commercial agreements, market analysis, forecasting, hedging strategies, and derivative products.
• Demonstrated experience in commercial evaluations, refinery selection processes, contract negotiations, and strategic pricing decision-making.
• Advanced knowledge of Gold Dor markets, LBMA pricing mechanisms, refinery commercial structures, precious metals trading practices, and market risk management.
• Strong understanding of derivatives, hedging instruments, forwards, futures, put options, call options, and pricing risk mitigation strategies.
• Expert-level market analysis, forecasting, valuation, and commercial optimization capabilities.
• Advanced proficiency in Microsoft Excel, Power BI, PowerPoint, and Think-Cell with the ability to develop sophisticated financial models, executive dashboards, and management presentations.
• Strong commercial acumen with the ability to convert market intelligence into actionable recommendations that maximize Maaden's Gold Dor revenue and profitability.
• Excellent analytical, reporting, presentation, negotiation, and stakeholder management skills.
• Ability to work effectively in dynamic market environments and provide timely recommendations in response to rapidly changing market conditions.
• High attention to detail, strategic thinking, and decision-making capabilities.