Qualification: Graduate
Experience: 12
Location: Mumbai
Open Position: 1
We are looking for a senior commodity professional who has spent 15–20+ years working in a commodity broking outfit.
This is a hands-on business-building role. The person must know the commodity market from the desk, the clients and the physical market.
1
- The candidate should have solid experience in:
- Agri commodities, base metals and precious metals.
- Commodity broking, trading and hedging.
- Physical delivery and commodity-market processes.
- Commodity arbitrage and market-making setups.
- Exchange and clearing corporation relationships.
- Commodity quality, specifications and regulatory requirements.
The person will be based in Mumbai and will take ownership of the commodity business at Kunvarji Wealth.
- BUSINESS & MARKET RESPONSIBILITIES
- Build the commodity business from scratch and grow existing relationships.
- Bring in genuine commodity clients, hedgers and market participants.
- Bring, develop & build strong relationships with mandis, jewellers, bullion dealers, scrap traders and metal associations.
- Build a network of corporate commodity users and physical-market participants.
- Understand the trading and hedging requirements of each client segment.
- Identify opportunities in physical and trading arbitrage.
- Build commodity business across agri, metals and precious metals.
- Develop the business with mass affluent, HNI and other relevant client segments.
- DESK & PRODUCT EXPERTISE
The candidate must have actual experience running or managing a commodity desk.
- Commodity trading desk operations and end-to-end client servicing.
- Commodity exchange and clearing processes.
- Physical delivery setups and related operational processes.
- Commodity quality, grades, specifications and delivery requirements.
- Commodity hedging,
futures and options strategies.
- Physical-market and exchange-market arbitrage.
- Commodity market-making setups, wherever experienced.
- Product knowledge across agri, metals and bullion / silver
- Understanding of commodity and currency hedgers and their requirements.
- Regulatory and risk understanding of commodity broking.
- TEAM & BUSINESS OWNERSHIP
This is an AP-level responsibility role with ownership of the commodity business.
- Build and manage a commodity team under the candidate.
- Hire RMs, dealers and servicing staff as the business grows.
- Set up a dedicated dealing and end-to-end commodity servicing desk.
- Own client acquisition, relationships, business revenue and desk operations.
- Work closely with dealing, RMS, operations, compliance and management.
- Build the team and processes required to scale the business.
- Proven PNL leadership in commodities & currency segment
- WHAT WILL NOT WORK
This role is not for an equity-and-commodity generalist.
- Pure trading experience without actual commodity client networks will not work.
- Equity-led profiles with limited commodity-market depth will not work.
- People without genuine hedger and physical-market relationships will not work.
- Experience limited to screen trading without physical delivery knowledge will not work.
- Candidates without practical commodity desk and exchange-process experience will not work.
- Generic sales profiles without a commodity-market network will not work.
Interested candidate can send the cv on
[email protected]
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📌 Commodity Business Head (Mumbai)
🏢 Kunvarji Group
📍 Mumbai