Precious Metals Trader - Executive Director

Next Frontier Capital; Singapore; On-site; SGD 350,000 - 700,000; Full time

Job summary

J.P. Morgan in Singapore seeks an Executive Director for the Precious Metals trading team to provide bespoke derivatives to corporate and investor clients globally. We quote and risk manage OTC spot, forwards, swaps, and vanilla and exotic options, as well as futures and listed options, and engage in physical metals markets.

The role combines client coverage, risk oversight and collaboration with technology and quantitative research to grow electronic capabilities and execute trades for the desk.

Qualifications

• Bachelor’s degree in Finance, Economics or related discipline.
• At least 8 years in Precious Metals/FX or macro derivatives.
• Strong risk assessment of trading positions and market events.
• Comfort with options risk management and competitive pressures.
• Ability to thrive in a fast-paced, open environment.

Responsibilities

• Make markets in vanilla and exotic options on precious metals and crosses.
• Strategic risk management of client flows and orders.
• Maintain client focus and relationship management.
• Collaborate with bullion technology and Quant groups to grow electronic capabilities.
• Book trades on behalf of the business.

Skills

Executive leadership

Client relationship management

Market making

Derivatives risk management

Team collaboration

Under pressure performance

Education

Bachelor’s degree in Finance, Economics or related disciplines

Job description

As an Executive Director in the Precious Metals trading team, you will provide bespoke derivatives to corporate and investor clients globally. We quote and risk manage OTC spot, forwards, swaps, and vanilla and exotic options, as well as futures and listed options, and we also engage in physical business in the gold, silver, platinum, and palladium markets.

Job responsibilities

• Making markets in both vanilla and exotic options on precious metals and crosses;
• Strategic risk management of client flows and orders;
• A strong client focus and excellent relationship management;
• Working in close collaboration with the bullion technology and Quantitative Research groups in order to help grow our electronic capabilities;
• Book trades as needed on behalf of the business.

Required Qualifications, capabilities, and skills

• Bachelor’s Degree in Finance, Economics or other related disciplines
• At least 8 years of experience in Precious Metals / FX or other macro derivatives products
• The ability to assess and understand risk around trading positions and market events;
• Comfort with or interest in options risk management;
• Someone who thrives on the challenge of competitive pressures and is able to remain focused on client needs;
• Maturity and ability to succeed in a dynamic, fast-paced and open environment;
• Ability to work effectively as part of a team;
• Strong, disciplined approach to our controls environment;
• Ability to work under pressure and operate at senior level if required.

Preferred Qualifications, capabilities, and skills

• Demonstrable experience interacting with major institutional / corporate commodity clients

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. The opportunity is to join the Precious Metals trading desk in Singapore.