Commodity Trader
4 days ago
At Tura Executive, we are seeking a detail-oriented and highly motivated Commodity Trader to join our team. As a Junior FX / Oil Derivatives Trader, you will be responsible for developing weekly and monthly trading plans based on physical market conditions. Key Responsibilities include:
Planning:
- Developing comprehensive trading strategies to mitigate risk.
- Assessing margin availability and implementing effective risk management techniques.
- Evaluating predefined drawdown plans to optimize trading operations.
- Sets up trading functions based on risk management principles.
Execution:
- Executing paper trades based on physical contracts.
- Managing orders for inventory and customer needs.
- Collaborating closely with the commercial team on trade details.
- Coordinating with middle and back-office teams.
- Communicating effectively with brokers to ensure smooth trade execution.
- Implementing risk-avoiding adjustments to optimize trading operations.
- Ensuring accurate placement and verification of trade orders by brokers.
- Monitoring and resolving mismatches between placed orders and brokers' trade confirmations.
- Assessing and managing margin requirements for upcoming trades.
- Monitoring trade settlement processes to ensure timely processing by brokers.
- Managing hedged positions throughout the day.
The ideal candidate will have a strong understanding of commodity trading, risk management strategies, and financial markets. A minimum 1-2 years of experience in a relevant trading or financial role is required. Knowledge of commodity trades and futures markets, familiarity with paper and financial markets, and understanding of clearing house and brokers' protocols are essential. Strong proficiency in executing trades with attention to detail and experience assisting middle-office functions with reporting are also necessary. Soft skills such as ability to work under pressure, strong organizational and prioritization skills, quick decision-making, excellent written and verbal communication skills, and team player qualities are crucial.
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Commodity Trader
8 minutes ago
Dubai, Dubai, United Arab Emirates Executive Solutions Full timeJob Title: Commodity Trader- ShippingReports to: Managing DirectorAn established 3rd generation multinational shipping family, which expanded into cargo operation/chartering in 2011 and has offices in Greece, Argentina, Sri Lanka, and Hong Kong, is looking to hire an experienced commodity trader to be based in the newly opened office in Dubai.Summary of the...
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Commodity Trader
8 hours ago
Dubai, Dubai, United Arab Emirates Executive Solutions Full timeJob Title: Commodity Trader- ShippingReports to: Managing DirectorAn established 3rd generation multinational shipping family, which expanded into cargo operation/chartering in 2011 and has offices in Greece, Argentina, Sri Lanka, and Hong Kong, is looking to hire an experienced commodity trader to be based in the newly opened office in Dubai.Summary of the...
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Commodity Trader
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Commodities Trader – Fertilizers
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Global Commodities Trader
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Global Commodities Trader
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