Job Description - Senior Physical Trader (Silver)

Key Responsibilities:

1. Institutional Sourcing & Market Liquidity Development

- Build relationships with banks, mutual funds, ETFs, family offices and institutional sellers of silver.

- Identify opportunities to source silver at competitive market premiums.

- Track institutional flows and liquidity availability in the bullion ecosystem.

- Strengthen the company's sourcing channels to ensure consistent supply.

2. Distribution & Market Expansion

- Lead the sale of silver to bullion traders, ETF participants, jewellers, wholesalers, industry users and investors.

- Build a strong buyer network across key bullion markets such as Mumbai, Ahmedabad, Jaipur and other trading hubs.

- Develop new trading relationships and expand the company's customer base.

- Support large institutional and wholesale transactions across the ecosystem.

3. Market Presence & Intelligence Gathering

- Maintain strong on-ground presence in major bullion markets such as Zaveri Bazaar and other trading hubs.

- Track real-time market premiums, discounts, demand-supply dynamics and competitor pricing.

- Build informal intelligence networks with traders, brokers, jewellers, banks and logistics partners.

- Share structured market intelligence with the trading team and management.

4. Physical Trading & Profitability

- Execute physical buy and sell transactions aligned with company profitability targets.

- Identify arbitrage opportunities through price discovery and relationship networks.

- Support achievement of gross profit and active profit targets.

- Maintain disciplined pricing aligned with market intelligence and internal guidelines.

5. Leadership & Team Coordination

- Lead and guide a team responsible for trading execution and market expansion.

- Support internal teams with market insights and customer connections.

- Work closely with trading operations, logistics and finance teams to ensure smooth execution.

- Contribute to the development of the company's trading strategy.

6. Customer Relationships & Market Networking

- Build long-term relationships with market participants across the bullion ecosystem.

- Engage clients through regular meetings, networking events, lunches and industry interactions.

- Retain priority customers and support onboarding of new trading relationships.

- Represent Bullion professionally within the market.

7. Market Monitoring & Competitor Benchmarking

- Track pricing and positioning of banks, ETFs, wholesalers and competitors.

- Monitor inventory flows and liquidity trends across bullion markets.

- Identify emerging customer segments and market opportunities.

- Provide competitor intelligence for pricing and strategic decisions.

8. Risk Discipline & Compliance

- Ensure strict adherence to trading guidelines and risk protocols.

- Avoid open positions unless approved as per company policy.

- Maintain company credibility through ethical dealings and transparent communication.

- Escalate unusual market activity or risks to management.

9. MIS & Market Reporting

- Maintain daily summaries of trades, customer interactions and market intelligence.

- Share structured insights on market sentiment, opportunities and risks.

- Provide inputs for demand forecasting and pricing strategy.

Ideal Candidate Profile

- Experience in bullion trading, precious metals markets or banking bullion desks.

- Strong familiarity with physical bullion ecosystems

- Deep network across traders, jewellers, brokers, banks and institutional market participants.

- Strong negotiation and relationship-building ability.

- Street-smart with strong commercial instincts and disciplined trading mindset.

Behavioral Fit

- Relationship-driven and comfortable engaging with market participants.

- High energy and willingness to spend time in the market ecosystem.

- Strong listening and observation ability.

- Ethical yet competitive mindset.

- Entrepreneurial thinking with strong accountability.