Redstone Commodity Search  /  Vacancies  /  Head of LME / Metal Hedging
 

Head of LME / Metal Hedging

Job Reference: RS1427
 

Job Title: Head of LME / Metal Hedging

Location: Europe

Product: Metals

Role: Risk Management

Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with an international metals trader looking to hire an LME Hedging Lead to join their close-knit team in Switzerland.

Key Responsibilities / Tasks

  • Managing the daily aluminium hedging of trading flows with financial derivatives, including positions and credit line management
  • Develop and implement improved hedging strategies for the group, ensuring the firm retains the best in-class approach to their metals risk management process
  • Support the physical sales / trading team with all necessary hedging requirements, price forecasting and training (hedging, LME, premiums), as well as providing relevant market and technical analysis
  • Conduct and present market reports on price, spreads, stocks and maintain a strong network of brokers and banks
  • Perform other ad-hoc duties related to trade finance and documentation when required (Letters of credit, general contract administration etc.)

Key Qualifications / Experience

  • Demonstrated track record of successful hedging / risk management duties within the metals space, with a strong understanding of LME / premiums etc.
  • Advanced knowledge of futures and options trading, any specific aluminium related experience is also a big plus
  • Ability to create and implement new hedging strategies, understanding of relevant compliance procedures and the basics of accounting / finance
  • Happy to work within a small team, taking the lead on all metals hedging responsibilities as well as performing ad-hoc duties if needed
  • Located in Switzerland / happy to relocate

 

For all positions based in Switzerland, Redstone Legal, Risk & Compliance Search works with their licensed Swiss partner Accurity GmbH. All candidate applications are handled in accordance with Swiss law.


If you match the job description and are keen on applying for this role; please send us a copy of your resume/cover letter to kamran@redstonesearch.com or submit your application through the Vacancy Form.