Trading Manager

Sembcorp Industries Ltd; Singapore; On-site; SGD 150,000 - 230,000; Full time

Job summary

The Singapore Mint, a wholly-owned subsidiary of Sembcorp Industries, seeks a senior professional to lead precious metals trading, pricing, and hedging. You will optimise commercial outcomes, maintain risk-neutral positions, and enhance digital trading capabilities for customers and internal stakeholders.

Join a dynamic team that coordinates across Sales, Operations, Finance, Risk and Digital to ensure compliant, efficient trading and platform enhancements while tracking market movements and

Qualifications

• Bachelor’s degree or equivalent in a related field with strong quantitative skills.
• Experience in pricing, hedging, risk controls within trading or treasury.
• Knowledge of precious metals markets and trading lifecycle.
• Strong cross-functional collaboration and communication abilities.

Responsibilities

• Develop pricing and hedging strategies for precious metals to support sales and margins.
• Procure and trade precious metals across Mint business lines with suppliers and refineries.
• Maintain hedge book within risk limits and ensure no unintended open positions.
• Lead trading operations on Lion Bullion Portal with risk, digital, and sales teams.
• Translate customer requirements into trading, pricing and platform improvements.
• Explain trading solutions to customers and support commercial engagement.
• Monitor market moves, liquidity, refinery trends and demand to inform decisions.
• Ensure activities comply with controls, risk policies, and audit requirements.
• Prepare reports on trading, exposure, profitability and operations for management.
• Collaborate with Sales, Operations, Finance, Risk and Digital teams for execution and improvements.

Skills

Commodities trading

Treasury

Risk management

Procurement

Pricing & hedging

Education

Bachelor's degree in banking, Economics, Business, Engineering or related discipline

CFA Level 3 (advantage)

Tools

Lion Bullion Portal

Excel

Trading/ERP systems

Job description

Sembcorp is a leading energy and urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.

Join The Singapore Mint

As a wholly-owned subsidiary of Sembcorp Industries, The Singapore Mint produces high-quality coins and medallions, blending advanced technology with skilled craftsmanship. Founded in 1968 and globally recognised through multiple accolades, it also offers a range of currency-related gifts and collectibles.

The candidate will lead precious metals trading, pricing, and hedging activities for The Singapore Mint to optimise commercial outcomes, maintain risk-neutral positions, and enhance digital trading capabilities for customers and internal stakeholders.

Key Roles and Responsibilities

• Develop competitive customer pricing and hedging solutions for precious metals transactions to support sales conversion, margin discipline, and timely position square-off.
• Manage the procurement and trading of precious metals across Mint business lines, including engagement with refineries and counterparties to secure supply, pricing, and execution terms aligned with business needs.
• Maintain and monitor the hedge book to ensure exposures are identified, reconciled and closed off within approved risk limits, with no unintended open positions.
• Serve as the business lead for trading operations within the Lion Bullion Portal, partnering with Risk, Digital, and relevant stakeholders to improve workflows, controls, reporting, and platform capabilities.
• Gather and translate customer requirements into trading, pricing, and platform enhancements, supporting the development of new products, services, or digital features.
• Support commercial engagement with prospective and existing customers by explaining trading solutions, pricing approaches, operational processes, and service capabilities.
• Track market movements, liquidity conditions, refinery trends, and customer demand patterns to inform trading decisions, procurement timing, and pricing strategy.
• Ensure trading and procurement activities are executed in accordance with internal controls, risk policies, audit requirements, and applicable regulatory obligations.
• Prepare trading, exposure, profitability, and operational reports for management review, highlighting risks, exceptions, and opportunities for process improvement.
• Collaborate cross-functionally with Sales, Operations, Finance, Risk, and Digital teams to ensure accurate execution, settlement readiness, inventory alignment, and continuous process improvement.

Qualifications & Requirements

• Bachelor's degree in banking, Economics, Business, Engineering or a related discipline, or equivalent practical experience. CFA3, an advantage.
• 3-5+ years of experience in commodities trading, precious metals, treasury, risk management, procurement, or a related commercial trading environment.
• Demonstrated experience in pricing, hedging, position management, and market risk control within a trading or treasury context.
• Knowledge of precious metals markets, refinery supply dynamics, and trade lifecycle processes including execution, reconciliation, and settlement.
• Strong analytical and numerical skills, with proficiency in Excel and experience using trading, ERP, or digital portal systems.
• Accurate and precise in cash management.
• Ability to work cross-functionally with commercial, risk, operations, and technology teams to deliver business and platform improvements.
• Effective stakeholder management and communication skills, including the ability to engage customers on commercial and solutioning requirements.
• Understanding of control frameworks, audit requirements, and policy-driven trading governance.
• Ability to interpret market data and translate insights into pricing, procurement, and hedging actions.

Our Culture at Sembcorp

At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition. We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.

Join us in making a real impact!