Iron Ore Trading Executive

SINGAPORE DAZHONG MINING INTERNATIONAL TRADING PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading trading company in Singapore is seeking an experienced professional specializing in iron ore trading. The ideal candidate will have a minimum of 3 years of relevant experience with large steel mills or trading companies. Responsibilities include developing trading strategies based on market dynamics and optimizing trading models using various financial instruments. Fluency in both Mandarin and English is required, and Cantonese proficiency is an added advantage.

Qualifications

• At least 3 years of iron ore trading experience with large steel mills or trading companies.
• Ability to propose trading strategies based on steel mill profitability.
• Experience in integrated spot and derivatives trading models.

Skills

Iron ore trading experience

Proposing trading strategies

Familiarity with various iron ore products

Understanding of regional supply-demand dynamics

Fluency in Mandarin and English

Job description

• At least 3 years of iron ore trading experience with large steel mills or trading companies, with a good reputation in the industry.

• Strong familiarity with various iron ore products; able to independently propose trading strategies based on steel mill profitability and regional supply-demand dynamics, and convert them into actual profits.

• Well-acquainted with upstream mining companies, with the initiative and capability to develop upstream supply channels and commence business rapidly.

• Experienced in integrated spot and derivatives trading models; able to flexibly utilise futures, swaps, and options to optimise hedging strategies, actively trade within authorised limits, and achieve annual profit targets.

• Familiar with international industry policies and regulations.

• Fluent in Mandarin and English; Cantonese proficiency is an advantage.