Requirements
Requires a minimum of 7 years of experience in commodity trading, with a strong focus on base and precious metals. Must possess deep knowledge of commodity markets, trading platforms, and systems, along with a demonstrable track record in managing commodity risk and implementing trading strategies. Strong analytical skills and the ability to build positive client relationships are essential.
Description
Job description / Role
Job Type
Full Time
Job Location
Abu Dhabi, UAE
Nationality
Any Nationality
Salary
Not Specified
Gender
Not Specified
Arabic Fluency
Not Specified
Job Function
Investment Management
Company Industry
Finance, Investment & Asset Management
Job summary / introduction
The commodity trading desk provides commodity hedges and risk management solutions. The desk covers a wide product range, including energy, carbon, base and precious metals, and agriculture. The role seeks a commodity trader with specifically strong experience in base and precious metals. The candidate's primary focus will be to manage and leverage customer flow to deliver the assigned budget, generate P&L with detailed knowledge of base and precious metals markets, enhance the commodity desk capabilities and help grow the metals franchise, establish relationships with key clients and counterparties, and support distribution avenues to enhance the flow business.
Key responsibilities
Manage and leverage customer flow to deliver the assigned budget.
Generate P&L with detailed knowledge of base and precious metals markets.
Enhance the commodity desk capabilities and help grow 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.
Base and precious metals derivatives market making.
Warrants business development.
Proven track record in running risk and implementing trading strategies in metals.
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 with other international FAB centers capturing flow and pricing for new additional local customers' business.
Continually interface with desk head to ensure trading positions are reported daily and the long-term requirements of FAB remain 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.
Requirements / qualifications
Minimum 7 years' experience in commodity trading with specifically strong experience in base and precious metals.
Strong knowledge of commodity markets, trading platforms, and trading systems.
Strong analytic background and eager to learn.
Demonstrable track record of managing commodities risk.
Promotes and encourages co-operation within the team and its stakeholders.
Maintains an open dialogue between desks.
Anticipates customer needs and responds to requirements in a timely and efficient manner.
Shows strength in building positive relationships with existing and new clients.
Recognizes and demonstrates the ability to exploit new business avenues, generating additional flow for the unit up and beyond his remit.
As a strong team player, shows the ability to distribute important news to the room/network.
Adapts to change and supports any new desk initiatives.
Promotes new ways of working and remains of a confident and approachable nature.
Has a comprehensive mastery of the key financial and commercial performance indicators of the strategic business unit.
Shows great awareness in developing new products that have the potential to increase revenue and keep the bank at the forefront of changes.
Preferred / beneficial
Preference for candidates with a proven track record in running risk in base and precious metals.
About us
First Abu Dhabi Bank (FAB) is the largest bank in the UAE and one of the world's largest and safest financial institutions. We offer a comprehensive range of personal and private banking services, including credit cards, Islamic banking, investments, loans, and mortgages. Our commitment to excellence and innovation drives us to provide top-tier financial solutions to our clients.
Life at FAB
Working at FAB means being part of a team of talented and passionate individuals with a shared vision to support the ambitions of our stakeholders to "Grow Stronger." We embrace the needs of our customers across the globe with a sense of responsibility and confidence driven by extensive expertise that can only be delivered by an ambitious world-class organization.
Career development
FAB offers unique career choices, a chance to innovate, craft solutions for the future, and express yourself in a performance-based culture that will unleash the best in you. Whether you are an experienced professional or just starting your career, FAB provides a range of learning and development initiatives to support all employees through training and skill development.
Our values
At FAB, we place our customers at the core of our activities, live our values each day in every way, celebrate achievements, and empower each other to deliver leading solutions. We have structured plans for the recruitment and career progression of Emirati talent to enable them to make a mark in the financial and banking sector both regionally and globally that rewards your hard work and dedication.
Join our team and be part of a journey to shape the future of banking.
Apply Now