Role Overview

Bajaj Broking is seeking a Lead - Commodity Research to anchor our commodity research desk and set the strategic direction for our energy, bullion, base metals, and agri-commodity coverage.

In this senior role, you will lead high-conviction research, build advanced macroeconomic and supply-demand forecasting models, formulate institutional-grade hedging and trading strategies, and serve as the core domain expert for key internal stakeholders, HNIs, and corporate clients.

Key Responsibilities

- Desk Leadership & Coverage: Take complete ownership of commodity sector coverage. Establish long-term structural views alongside tactical trading and hedging calls across domestic (MCX, NCDEX) and international exchanges (LME, COMEX, NYMEX).
- Macro & Fundamental Modeling: Develop proprietary supply-demand balance sheets, trade flow trackers, seasonal pattern matrices, and macroeconomic cross-asset correlation models (FX, yields, inflation, central bank policies).
- Thought Leadership & Publishing: Author flagship commodity outlooks, deep-dive thematic reports, daily strategic notes, and event-driven impact analyses with explicit conviction and zero fluff.
- Client Advisory & Desk Support: Partner directly with corporate clients, treasury desks, and HNI investors to provide custom commodity risk management and hedging solutions.
- Team Mentorship & Quality Control:



Guide and mentor junior analysts, refine research methodologies, and ensure total compliance with SEBI and NISM guidelines.

Candidate Profile & Requirements
- Experience: 7–12+ years of core experience in Commodity Research on the sell-side, buy-side, corporate treasury, or commodity trading desk.
- Education: CA / MBA (Finance) from a premier institute / M.Sc. in Economics or Statistics / CFA Charterholder.
- Domain Mastery: Exceptional grasp of global commodity supply chains, derivative pricing, options strategies, physical market dynamics, and geopolitical drivers.
- Tools & Terminals: Advanced proficiency with Bloomberg, Refinitiv Eikon/Reuters, or Cogencis terminals.
- Certifications: NISM Series XVI (Commodity Derivatives) and NISM Series XV (Research Analyst) certifications are mandatory.

Bajaj Broking is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment across all our research desks. All employment decisions—including recruitment, compensation, and career growth—are based strictly on merit, technical capability, and business needs, without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic.

📌 Lead - Commodity Research (Mumbai)
🏢 Bajaj Broking
📍 Mumbai