Trading Assistant (Mining / Commodities / Commercial ) – Dubai, UAE

• Maintain reports, reconcile, analyze profit and loss, risks and exposures resulting from the physical and derivative to commercial activities of the respective trading desk.

• Daily collect market information to be reported to the desk. Ensure routine daily hedging of certain exposures is executed properly.

• Independently explain and justify the economics of each commercial deal or trading strategy and how changes in the market impact the strategy as well as the overall position.

• Produce daily results and commentary in a concise manner for management and traders.

• Track the physical movement of commodities and associated coordination of financing banks, shipping and title documents, transfers and associated risks.

• Track daily mark to market exposure arising from derivatives positions in various financial markets, including but not limited to the London Metal Exchange, Chicago Mercantile Group and Shanghai Metals Exchange.

• Prepare and execute trade related commercial documents, including but not limited to, physical commodity forward purchase and sale contracts / amendments, OTC financial instruments, trade and price confirmations.

• Work closely with the trader to coordinate details of each trade from inception to execution, including liaising with legal, logistics, credit, risk, finance teams and colleagues in various foreign offices to maximize the value of each transaction and ensure the information flow and capture is sufficient to satisfy reporting requirements and relevance to desk analysis.

• Full responsibility for integrity of data in trading systems used to capture and provide information relied on for commercial matters with direct financial and legal impact.

• Work with IT department to maximize efficiency in reporting.

• Provide analysis and manage various special projects as needed to support and maximize opportunities in a dynamic global trading environment.

• Degree in maths, science, engineering, finance, international studies or other business / analytical field.

• 2-3 years related experience in a commodity trading environment.

• Articulate, accurate assertive team player capable of effectively communicating in a dynamic global environment.

• Demonstrable problem solving initiative with proven ability to execute.

• Entrepreneurial drive and willingness to work non-traditional business hours.

CA Global