Job summary
We are seeking a skilled and motivated spot Trader to join our trading team in Shanghai. The successful candidate will be responsible for timely and accurate China domestic physical trades across multiple commodities, primarily working with pure cathodes and ingots, mainly copper and aluminum. Develop business in line with agreed trading strategy for a specialized book to optimize market opportunities. This role involves hedging activities and close interaction with internal functional departments and external counterparties, ensuring optimal trade execution while maintaining compliance with regulatory standards and company policies. Experience on hedging and spread trading, liaising with the derivatives team and offshore business traders to increase overall company profits while mitigate risks from price fluctuations in the physical metal markets.
Responsibilities
61 Execute physical and spread trade, hedge quickly and accurately, ensuring orders are placed promptly and correctly
61 Maintain accurate records and verify trade details for auditing and compliance purposes
61 Summarize daily trading activities and monitor open positions
61 Organize and manage hedging positions for each contract while applying for, adjusting, and tracking hedging quotas in a timely manner
61 Anticipate margin requirements in advance and coordinate with Treasury team for necessary funds to ensure smooth trading operations while controlling trading risks
61 Prepare regular reports for internal risk management
61 Keep good contact with brokers and provide insights into market information
61 Be familiar with exchange rules and regulations, ensuring compliance in all trade-related activities
Key requirements
61 Have an established book of business to bring to this role
61 Bachelor’s degree or above in business related field.
61 5+ years of experience in metals trading in China market.
61 Strong understanding of China commodities markets and corporate tax policy.
61 Proficiency in trading platforms and margin management
61 Excellent communication skills and attention to details
61 Willingness to work night trading hours or on holidays to accommodate futures market opening times