Senior Commodities Trader - Precious Metals Focus

Placements24; Sandton; Hybride; ZAR 1 500 000 - 3 000 000; Plein temps

Avantages offerts par ce poste

Performance bonuses

Medical aid

Retirement fund

Executive perks

Résumé du poste

Placements24 in Sandton, Gauteng, is seeking a Senior Commodities Trader specializing in precious metals to lead trading on a dynamic desk. You will execute trades, shape strategies, and manage risk in a fast-paced environment, contributing to P&L and market exposure.

The role requires 7+ years of direct trading experience in commodities, a solid track record, and strong quantitative skills, with a hybrid work model offering on-site collaboration and remote analysis.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Master's degree or MBA is a plus.
• Minimum of 7 years of direct trading experience in commodities, with a significant focus on precious metals.
• Proven track record of successful trading and risk management.
• In-depth knowledge of precious metals markets, including drivers, participants, and instruments.
• Proficiency with trading platforms and financial market data terminals (e.g., Bloomberg, Refinitiv Eikon).
• Strong quantitative, analytical, and problem-solving skills.
• Excellent decision-making abilities and ability to perform under pressure.
• Superior communication and negotiation skills.
• Ability to work effectively in a hybrid model, balancing on-site collaboration with remote analysis.
• Relevant professional certifications (e.g., CFA) are advantageous.

Responsabilités

• Execute trades in precious metals (gold, silver, platinum, palladium) across various markets and instruments.
• Develop and implement sophisticated trading strategies to achieve profit targets.
• Monitor market trends, news, and economic data to identify trading opportunities.
• Manage and mitigate trading risks, ensuring positions remain within established risk limits.
• Analyze trading performance and provide insights for strategy refinement.
• Collaborate with the research and analyst teams to inform trading decisions.
• Maintain effective relationships with brokers and counterparties.
• Ensure compliance with all relevant financial regulations and internal policies.
• Operate trading platforms and utilize analytical tools effectively.
• Contribute to market intelligence and provide insights to senior management.

Connaissances

Quantitative analysis

Trading risk management

Decision making under pressure

Negotiation skills

Communication skills

Formation

Bachelor's degree in Finance, Economics, Mathematics

Master's degree or MBA

Outils

Bloomberg Terminal

Refinitiv Eikon

Description du poste

About the Role

Our client, a distinguished financial institution with a significant presence in commodity markets, is seeking a highly experienced Senior Commodities Trader specializing in precious metals to join their dynamic trading desk in Sandton, Gauteng. This crucial role involves executing trades, managing risk, and developing strategies within the complex and fast-paced precious metals market (gold, silver, platinum, palladium). The ideal candidate will possess a deep understanding of market dynamics, economic indicators, and trading platforms, coupled with a proven track record of profitable trading. You will work closely with market analysts, researchers, and other traders to identify opportunities and execute trades efficiently. This is a challenging and rewarding opportunity to play a key role in shaping our client's trading strategies within the global financial landscape, based in South Africa's premier financial district, Sandton, Gauteng. We are looking for a sharp, analytical, and decisive individual who can thrive under pressure and make critical trading decisions. Your expertise will be vital in driving P&L and managing the firm's exposure to precious metal price fluctuations.

Key Responsibilities

• Execute trades in precious metals (gold, silver, platinum, palladium) across various markets and instruments.
• Develop and implement sophisticated trading strategies to achieve profit targets.
• Monitor market trends, news, and economic data to identify trading opportunities.
• Manage and mitigate trading risks, ensuring positions remain within established risk limits.
• Analyze trading performance and provide insights for strategy refinement.
• Collaborate with the research and analyst teams to inform trading decisions.
• Maintain effective relationships with brokers and counterparties.
• Ensure compliance with all relevant financial regulations and internal policies.
• Operate trading platforms and utilize analytical tools effectively.
• Contribute to market intelligence and provide insights to senior management.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• A Master's degree or MBA is a plus.
• Minimum of 7 years of direct trading experience in commodities, with a significant focus on precious metals.
• Proven track record of successful trading and risk management.
• In-depth knowledge of precious metals markets, including drivers, participants, and instruments.
• Proficiency with trading platforms and financial market data terminals (e.g., Bloomberg, Refinitiv Eikon).
• Strong quantitative, analytical, and problem-solving skills.
• Excellent decision-making abilities and ability to perform under pressure.
• Superior communication and negotiation skills.
• Ability to work effectively in a hybrid model, balancing on-site collaboration with remote analysis.
• Relevant professional certifications (e.g., CFA) are advantageous.

Benefits

Our client offers a highly competitive base salary, substantial performance-based bonuses, and a comprehensive benefits package including medical aid, retirement fund, and other executive perks. Opportunities for professional growth and development within a leading financial institution are extensive. This hybrid role offers flexibility while ensuring collaborative engagement. Join our client in Sandton, Gauteng, and be at the forefront of global precious metals trading.