Iron Ore Trader
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Singapore
Singapore Overview
Our client is involved in global commodities trading and is looking to recruit an Iron Ore Trader to join its growing organization. Primarily they procure LNG, coal, biomass, and freight for group owned power facilities located in Germany, Italy, France, and the UK, which have a generating capacity of over 100 TWh of power, making them the 6th largest power producer in Europe. They also offer third-party clients a portfolio of LNG, biomass, freight, coals, iron ore and other industrial products, where they add value through origination, shipping, finance, and risk management.
This role is based in Singapore with some business travel to Europe required. The role is responsible for growing their iron ore market throughout Asia and beyond.
Responsibilities
Preferably trading with customers in Asia Pacific and originating product from Australia and South America. The ideal candidates will have strong relationships with both producers and end users/customers and solid experience of completing trades on a regular and consistent basis.
Core Accountabilities:
- Candidates must be existing book owners having direct contact with sources and customers.
- Role will suit traders looking for a solid “housing” though which to conduct their business. Our client has extremely strong finances and credit lines, enough to accommodate the large trades.
- The role will suit traders with ambitious, entrepreneurial mindsets looking to maximize the support provided by excellent systems and internal controls.
- The role will manage iron ore sales within the SEA/Chinese markets and explore value-added opportunities to drive new business development.
- The role will maintain a strong understanding of customers’ needs, customer/supplier performance and competitor activity.
Behavioral & Leadership Competencies:
- Independent
- Motivated
- Ethical
- Results-oriented
Required Experience & Qualifications:
- Possess solid iron ore trading experience.
- Substantial physical trading experience is preferred, some derivatives experience is also desirable.
- Good market contacts in the Asia-Pacific region
- Experience of trading freight will be advantageous.
- Demonstrate strong judgement, business acumen and self-motivation to grow a dynamic business.
- Understanding of operational and financial tasks
- Degree level education
- Fluency in English and a second language, ideally Mandarin, will be advantageous.
Opportunity:
This is an exciting opportunity for an experienced trader to join a highly successful platform within a dynamic and growing team in a position that offers excellent opportunity for progression and responsibility.
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