Precious Metals Trader
Job Title: Precious Metals Trader
Location : HongKong OR Singapore (Locals preferred)
Key Responsibilities:
1. Market Analysis:- Stay abreast of global economic trends, geopolitical events, and market developments that may impact precious metals prices.
- Conduct thorough technical and fundamental analysis to identify trading opportunities.
- Monitor market news and research reports to stay informed about relevant factors influencing precious metals markets.
2. Trading Execution: - Execute buy and sell orders for precious metals in a timely and efficient manner.
- Utilize trading platforms and tools to execute trades and manage positions.
- Monitor trade execution and ensure compliance with risk management guidelines.
3. Risk Management: - Implement and maintain risk management strategies to protect the trading portfolio.
- Set stop-loss and take-profit levels based on market analysis and risk tolerance.
- Continuously assess and adjust risk exposure in response to changing market conditions.
4. Relationship Management: - Build and maintain relationships with brokers, financial institutions, and other market participants.
- Collaborate with research teams, analysts, and other traders to gather insights and enhance trading strategies.
5. Compliance and Regulations: - Stay informed about relevant financial regulations and compliance requirements.
- Ensure all trades adhere to regulatory guidelines and internal compliance policies.
6. Reporting: - Generate and maintain accurate records of trades, positions, and performance metrics.
- Provide regular reports to management on trading activities, profitability, and risk exposure.
Qualifications:- Bachelor's/PG degree in finance, economics, or a related field.
- Proven experience as a Precious Metals Trader or in a similar trading role.
- Strong understanding of precious metals markets, including factors influencing supply and demand.
- Proficiency in using trading platforms and analytical tools.
- Excellent analytical and decision-making skills.
- Ability to work well under pressure and in a fast-paced trading environment.
- Strong communication and interpersonal skills.
This job description serves as a general guideline for the Precious Metals Trader position and may be subject to modification based on the specific requirements of the hiring organization