Commodities Execution Trader

This is an IT support group; Singapore; On-site; SGD 125,000 - 150,000; Full time

Job summary

An established industry player is seeking a skilled Commodities Execution Trader to join their dynamic team. In this pivotal role, you will be responsible for executing trades across various commodities while collaborating closely with portfolio managers. Your expertise in commodities trading and market dynamics will be crucial in providing valuable insights and fostering strong relationships with brokers. This is an exciting opportunity to thrive in a fast-paced environment, contribute to revenue generation, and support the growth of the commodities business in Asia. If you are detail-oriented and possess a strong entrepreneurial spirit, this role is perfect for you.

Qualifications

• 3-7 years of relevant Commodities trading experience required.
• Strong understanding of the commodities market landscape in Asia.

Responsibilities

• Execute trades as directed by PMs while maintaining best practice execution.
• Provide market and trading insights to PMs, leveraging market knowledge.

Skills

Commodities trading experience

Market knowledge

Strong communication skills

Detail oriented

Team player

Ability to prioritize

Education

Bachelor's degree

Tools

ICE

TT

Job description

MILLENNIUM

Millennium Management LLC is a global hedge fund with more than 5,000 employees and offices in the United States, Europe and Asia. We were founded in 1989, and we employ a global multi-strategy investment approach, opportunistically engaging in a broad array of trading and investing strategies including: Relative Value Fundamental Equity, Statistical Arbitrage, Fixed Income, Merger Arbitrage, Futures/Currency, and Options among others. Millennium has differentiated itself from other investment management firms through our consistent ability over the last 25 years to generate returns that have not been correlated to the general market.

The talent and dedication of our people are critical to our success. We offer an opportunity for developing one’s professional career while working with individuals trained in a variety of disciplines in a collegial and dynamic environment. We also offer a broad range of competitive benefits on a global basis.

Job Function Summary

The Commodities Execution Trader will have primary trading responsibility for multiple portfolio managers (“PMs”) covering commodities products across the spectrum. The trader will need to interact with the sell side across agency and principal desks to achieve best execution. The successful candidate will create strong internal and external relationships, provide coverage for discretionary and systematic strategies, and offer market news and color to the PMs contributing to the overall revenue generation.

Principal Responsibilities

• Provide trading expertise primarily in commodities across Energy, Metals, Agriculture, Power etc
• Execute trades as directed by PMs while maintaining best practice execution
• Provide market and trading color to PMs; use market and sector knowledge to assist PMs in an advisory capacity
• Build and maintain strong broker relationships and execution capabilities
• Proactively support Commodities business in Asia, providing management with information on PM trading activity

Qualifications / Skills Required

• Bachelors degree
• 3-7 years of relevant Commodities trading experience in a Commodity Trading Firm, Hedge Fund or Tier 1 sell-side firm (covering hedge funds)
• Cross Commodities Knowledge: Energy, Metals, Agriculture, China Commodities, Power (good to have)
• Demonstrates knowledge and understanding of the commodities market landscape and market microstructure in Asia
• Previous experience with trading applications like ICE and TT
• Entrepreneurial spirit in operational and technology innovations associated with Commodities trading centralization efforts
• Detail oriented; demonstrates thoroughness and strong ownership of work
• Good team player with a strong willingness to participate and help others
• Able to prioritize in a fast moving, high pressure, constantly changing environment; good sense of urgency
• Strong communication skills