Business Development, Precious Metals

Abaxx Exchange; Singapore; On-site; SGD 250,000 - 420,000; Full time

Job summary

Abaxx Exchange in Singapore seeks a strategic Head of Precious Metals Products to drive growth of gold and silver derivatives across Asia-Pacific. You will shape product strategy, engage market participants, and coordinate with operations and legal teams.

The role requires deep expertise across futures, clearing, physical delivery, vaulting, and bullion logistics, plus a strong network among bullion banks, refiners, and institutional investors.

Qualifications

• Extensive experience (10+ years) in precious metals markets, derivatives trading, or bullion banking.
• Deep technical knowledge across the full precious metals trade lifecycle.
• Proven understanding of physical bullion markets, including vaulting and settlement workflows.
• Strong background in OTC precious metals trading and transition to exchange-traded derivatives.
• Established network across Asia's precious metals ecosystem.
• Strong commercial acumen with a track record of revenue growth and liquidity development.
• Ability to engage desks and operations teams on lifecycle topics.
• Excellent communication and stakeholder management across cultures.

Responsibilities

• Define and execute the exchange’s precious metals growth strategy for gold and silver derivatives, focusing on Asia-Pacific markets.
• Identify inefficiencies in OTC markets and design exchange-based solutions to improve transparency, capital efficiency, and risk management.
• Lead initiatives to migrate trading flows from OTC spot and forwards into standardized, cleared derivatives products.
• Assess regional regulatory, tax, and market structure considerations impacting bullion trading and derivatives adoption.
• Develop and manage senior-level relationships with bullion banks, producers, refiners, traders, vault operators, logistics providers, and institutional investors.
• Drives sales onboarding and activation of new participants across futures, options, and physically deliverable contracts.
• Work closely with liquidity providers and market makers to support depth and tight spreads.
• Act as a subject-matter expert for client on product design, contract specifications, delivery mechanisms, and margining.
• Maintain expert-level understanding of the full precious metals trade lifecycle including futures and options execution, clearing, settlement, physical delivery processes, vaulting, custody, and inventory management.

Skills

Precious metals markets

Derivatives trading

Bullion logistics

Stakeholder management

Asia-Pacific market knowledge

Job description

HeadofPreciousMetalsProducts(Singapore/London/HongKong)

TheHeadofPreciousMetalsSales&MarketDevelopmentwillleadthestrategicgrowthofgoldandsilverderivativestradingontheexchange,withaprimaryfocusonAsia.Thisroleisresponsiblefordrivingmarketadoption,developingliquidity,andtransitioningpreciousmetalstradingactivityfromOTCmarketstointeractwithexchange-tradedderivatives.

The successful candidate will possess deep technical expertise across the full precious metals trade lifecycle -from futures execution and clearing through physical delivery, vaulting, and bullion logistics - and will act as a key interface between market participants, infrastructure providers, and internal exchange stakeholders.

KeyResponsibilities

• Defineandexecutetheexchange’spreciousmetalsgrowthstrategyforgoldandsilverderivatives,withafocusonAsia‑Pacificmarkets.
• IdentifystructuralinefficienciesinexistingOTCpreciousmetalsmarketsanddesignexchange‑basedsolutionstoimprovetransparency,capitalefficiency,andriskmanagement.
• LeadinitiativestomigratetradingflowsfromOTCspotandforwardsintostandardized,clearedderivativesproducts.
• Assessregionalregulatory,tax,andmarketstructureconsiderationsimpactingbulliontradingandderivativesadoption.
• Developandmanagesenior-levelrelationshipswithbullionbanks,producers,refiners,traders,vaultoperators,logisticsproviders,andinstitutionalinvestors.
• Drivesales,onboarding,andactivationofnewparticipantsacrossfutures,options,andphysicallydeliverablecontracts.
• Workcloselywithliquidityprovidersandmarketmakerstosupportsustainableorderbookdepthandtightspreads.
• Actasasubject-matterexpertforclientsonproductdesign,contractspecifications,deliverymechanisms,andmargining.
• Maintainexpert-levelunderstandingofthefullpreciousmetalstradelifecycle,including:Futuresandoptionsexecution;Clearing,margining,andsettlement;Physicaldeliveryprocesses;Vaulting,custody,andinventorymanagement;Bullionqualitystandards,barlists,andassayprocesses
• Providecommercialandtechnicalinputintonewproductlaunches,contractenhancements,anddeliveryinfrastructure.
• Collaboratewithclearing,operations,andtechnologyteamstoensurerobustandscalablepost‑tradeprocesses.
• Representtheexchangeexternallyatindustryconferences,regulatorydiscussions,andclientforums.
• Providemarketintelligenceandfeedbacktoseniormanagementoncompetitivedynamics,clientdemand,andregionaltrends.
• Partnerwithlegal,compliance,andregulatoryteamstosupportapprovalsandmarketaccessinitiatives.
• Leadandmentorregionalsalesandmarketdevelopmentstaffasthebusinessgrows.

RequiredQualifications&Experience

• Extensiveexperience(typically10+years)inpreciousmetalsmarkets,derivativestrading,orbullionbanking.
• Deeptechnicalknowledgeofpreciousmetalsmarketsacrossderivativesandphysicallymarkets.
• Provenunderstandingofphysicalbullionmarkets,includingvaulting,logistics,andsettlementworkflows.
• StrongbackgroundinOTCpreciousmetalstradinganddemonstratedexperiencedrivingorsupportingthetransitiontoexchange‑tradedderivatives.
• EstablishednetworkacrossthepreciousmetalsecosysteminAsia,includingbanks,traders,refiners,andinfrastructureproviders.
• Strongcommercialacumenwithatrackrecordofrevenuegrowth,clientacquisition,andliquiditydevelopment.
• Abilitytoengagecrediblywithbothtradingdesksandoperationsteamsoncomplexlifecycleandinfrastructuretopics.
• Excellent communication and stakeholder management skills across cultures and jurisdictions.