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Director Commodities Trader
Full time 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

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Job highlights

Posted on May 4, 2021
  • Experience in
  • Professional background in
  • Job level Experienced

Job details

JOB PURPOSE


 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

Agriculture;

 The role seeks a Commodity trader with specifically strong experience in Base Metals and Iron

Ore;

 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

Ore.

 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

customer’s business;

 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

requirements.

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