Director Commodities Trader
at First Abu Dhabi Bank FAB in
Abu Dhabi, UAE
Director Commodities Trader Full time at First Abu Dhabi Bank FAB in Abu Dhabi, UAE
Job highlightsPosted on May 4, 2021
The Commodity trading desk is providing commodity hedges and risk management solutions.
The desk covers a wide product range, covering Energy, Base and Precious Metals and
The role seeks a Commodity trader with specifically strong experience in Base Metals and Iron
The candidate’s primary focus would be to:
Manage and leverage customer flow to deliver the assigned budget.
Generate P&L with a detailed knowledge of metals markets (Ferrous and non-ferrous) and Iron
Enhance the Commodity desk capabilities and help growing the Metals franchise.
Establish relationships with key clients and counterparties.
Support distribution avenues to enhance the flow business
Price, Execute and Risk manage the client flow;
Natural drive to grow, develop and improve the business;
Manage risk position of the desk within the applicable limits and desk risk tolerance and
monitor the risks in the global commodity book;
Be accountable for the risk levels and limits set by desk head and be responsible for adding
revenue streams to Commodities;
Have continuous interaction with sales on trading/hedging ideas;
Work closely with the sales team creating solutions;
Work with other international FAB centers capturing flow and pricing for new additional local
Continually interface with desk head to ensure trading positions are reported daily and the long
term requirements of FAB remains the target;
Maintain and enhance market counterparty and customer perception of FAB as the number
one institution for local banks and corporates to handle their commodity business hedging
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