11 Oct
|
Sky Gold
|
Navi Mumbai
11 Oct
Sky Gold
Navi Mumbai
Job Title: Head / Senior Manager - Bullion Trading & Risk Management (Gold & Commodity Trader)
Experience: 15+ Years | Location: Nerul, Navi Mumbai
Position Summary:
We are looking for a highly experienced Gold / Bullion Trader to lead our Gold Procurement, Hedging, and Price Risk Management. This is a strategic role responsible for managing treasury for the Sky Gold Group.
Key Leadership Responsibilities:
1. Bullion Procurement & Treasury:
- Overall responsible for daily gold purchase (imported / domestic bullion) from Banks, LBMA accredited suppliers
- Manage Gold Metal Loan (GML) portfolio - negotiation of interest rates, utilization, renewal and cost optimization
1. Hedging & Price Risk Management:
- Formulate and execute hedging strategy on MCX / COMEX / OTC to hedge 100% of open gold price exposure
- Real-time monitoring of Gold Price (LBMA, MCX), USD/INR
- Ensure zero naked exposure at day-end
- Report Daily Position Report, MTM P&L;, and Hedge Effectiveness to the management
1.
Market Intelligence & Strategy:
- Deep understanding of international gold market, Fed policies, import duty, RBI regulations for Gold
Candidate Profile - Non Negotiable: - Experience: 15+ Years as Gold / Bullion / Commodity Trader. Must have handled large volume (>100 kg/day)
- Industry: Gems & Jewellery, Bullion Trading House, or Commodity Trading Firm or Bullion Dealer with Bank
- Expertise: Proven track record in MCX/COMEX Hedging, GML Management, LBMA pricing, and Forex hedging
- Qualification: Graduate / MBA Finance. Qualified trading certifications preferred
- Personal Attributes: Extremely high integrity, calm under market pressure, exceptional decision-making skills
This is a high-trust, high-responsibility Group level role directly reporting to the Managing Director.
📌 Head / Senior Manager - Bullion Trading & Risk Management (Gold & Comm (Navi Mumbai)
🏢 Sky Gold
📍 Navi Mumbai