Senior copper trader

SINGAPORE EXCELLEN PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading trading firm in Singapore is seeking a Senior Copper Trader to manage copper and non-ferrous metals trading operations. This role requires managing client relationships, executing trades, and conducting market research to identify trends and opportunities. The ideal candidate should have over 1 year of trading experience, strong analytical skills, and a Bachelor's degree in a relevant field. Proficiency in Excel and Python, along with excellent communication skills, are essential. Occasional travel may be required.

Qualifications

• Over 1 year of experience in copper or non-ferrous metals trading.
• Familiarity with LME, SHFE, and pricing mechanisms.
• Fluent in English; knowledge of Mandarin or other Asian languages is a plus.
• Knowledge of Singapore’s trade environment and international regulations.

Responsibilities

• Oversee foreign trade of copper and cobalt, ensuring efficient execution.
• Conduct in-depth market analysis of copper price drivers.
• Build and maintain relationships with suppliers and clients.
• Monitor copper prices and develop risk management strategies.
• Guide the team to improve trading and analytical capabilities.

Skills

Strong research skills

Analytical skills in supply-demand and macroeconomic trends

Cross-cultural communication skills

Negotiation skills

Leadership abilities

Education

Bachelor’s degree in Finance, Economics, International Trade, or Metallurgical Engineering

Tools

Excel

Python

Job description

Position Overview
The Senior Copper Trader is responsible for leading and managing the company’s copper and non-ferrous metals trading operations in Singapore, covering client management, trade execution, market analysis, and risk control. The role requires in-depth research into copper price drivers (supply-demand, macroeconomic liquidity, speculative forces, and structural trends) to identify business opportunities with an exploratory mindset, driving the company’s strategic growth in global markets.

Key Responsibilities

1. Client Management and Trade Execution
   A. Oversee the foreign trade business of bulk commodities such as copper and cobalt for key clients, including communication, cargo scheduling, pricing transactions, and downstream sales, ensuring efficient execution.
   B. Provide customized trading solutions to enhance client satisfaction and business profitability.
2. Market Research and Opportunity Development
   A. Conduct in-depth analysis of copper price drivers, including:

Fundamental Supply-Demand: Track global mine production, inventory levels, and demand changes from industrial and electric vehicle sectors.

Macro Liquidity and USD Trends: Monitor global economic indicators (e.g., GDP, industrial production), interest rates, and USD exchange rate fluctuations.

Speculative Forces: Analyze speculative behavior and futures dynamics in markets such as LME and SHFE.

Long-Term Structural Trends: Evaluate the long-term impact of green energy, electric vehicles, and AI data centers on copper demand.
B. Identify and develop new business opportunities, assess profitability, and formulate trading strategies to optimize market competitiveness.

1. Relationship Management and Dispute Resolution
   A. Build and maintain relationships with global suppliers, clients, and industry participants, engage in business negotiations, and resolve trade disputes.
   B. Leverage Singapore’s trade hub advantages to expand networks in Asia-Pacific and global markets.
2. Market Monitoring and Risk Management
   A. Monitor copper prices, freight costs, exchange rates, and supply-demand data in real-time, developing hedging strategies to mitigate price, currency, and supply chain risks.
   B. Develop risk management tools to ensure trading activities comply with company risk policies and Singapore regulatory requirements.
3. Industry Information Analysis and Forecasting
   A. Collect and analyze domestic and international copper production, trading, and industry information to provide market forecasts and strategic recommendations.
   B. Collaborate with research institutions and data providers to enhance market insight depth.
4. Team Leadership and Collaboration
   A. Guide the team to improve trading and analytical capabilities, coordinate cross-departmental collaboration (e.g., logistics, finance) to achieve business objectives.
   B. Regularly report market insights, business progress, and risk assessments to senior management.
5. Other Responsibilities
   A. Complete tasks assigned by senior management, ensuring trading activities comply with Singapore and international trade regulations.
   B. Drive business innovation with an exploratory mindset, optimizing trading processes and strategies.

Job Requirements

Bachelor’s degree or above, preferably in Finance, Economics, International Trade, or Metallurgical Engineering.

Over 1 year of experience in copper or non-ferrous metals trading, with familiarity in LME, SHFE, and pricing mechanisms.

Strong research skills, proficient in analyzing supply-demand, macroeconomic trends, speculative forces, and structural trends; proficiency in tools like Excel and Python is preferred.

Fluent in English; proficiency in Mandarin or other Asian languages is a plus.

Knowledge of Singapore’s trade environment and international regulations, with strong cross-cultural communication and negotiation skills.

Strong leadership, an exploratory mindset, and the ability to execute in a fast-paced environment.

Work Location

Singapore (occasional travel to Asia-Pacific or other international markets may be required based on business needs).