Hiring.Camp

Senior Trader - Precious Metals

English Stonex

·

Jun 3, 2024

Location
Mumbai, MH, IN
Type
Full-time
Department
Sales
Seniority
Senior
Closing date
Today
Source
iCIMS

Description

Overview

The KRA to manage the dealing and trading in market including gold sales, client coordination, pricing validation, regulatory compliance, and transaction execution. The role serves as a strategic link between the  StoneX teams across the globe, ensuring accurate, compliant, and efficient bullion transactions while maintaining high standards of service excellence and operational governance.

Responsibilities

  • Bullion Sales & Operations
  •  

    • Manage the complete lifecycle of bullion desk operations including sales execution, order booking, transaction validation, and documentation.
    • Coordinate with the **Treasury Department** for bullion pricing, trade execution, and daily rate dissemination to relevant internal teams.
    • Execute client orders for physical bullion transactions ensuring accuracy, prompt turnaround, and adherence to pricing and settlement guidelines.
    • Oversee transaction booking, accounting entries, reconciliation, and margin calculations related to bullion trades.

     

  • Client Management & Relationship Support
  •  

    • Act as the **primary contact point for corporate and institutional bullion clients**, ensuring seamless communication and service delivery.
    • Handle client queries related to bullion pricing, order execution, delivery status, and compliance documentation.
    • Work closely with Relationship Managers to support client acquisition, portfolio management, and cross-selling of bullion-linked solutions.
    • Maintain accurate and updated client documentation as per KYC and AML guidelines.

     

  • Compliance & Risk Management
  •  

    • Ensure all bullion transactions are executed in full compliance with **RBI**, **FEMA**, and internal policy requirements.
    • Monitor trade-related risks and ensure timely reporting and approvals for high-value transactions.
    • Support internal and external audit processes by maintaining appropriate records, MIS reports, and transaction trail documents.
    • Implement process checks to minimize operational and compliance risks within the bullion desk.

     

  • Coordination with Internal Departments
  •  

    • Liaise with various teams for seamless trade settlement and accounting closure.
    • Partner with Technology and Process Improvement teams to enhance automation in bullion transaction workflows.
    • Collaborate with the Risk and Compliance teams to update and refine standard operating procedures (SOPs).

     

  • Market Intelligence & Reporting
  •  

    • Track bullion market trends, pricing movements, and macroeconomic developments affecting gold trade.
    • Prepare daily and periodic **MIS reports**, P&L statements, and bullion position summaries for senior management review.
    • Provide market insights and analytical reports to support Treasury and Product teams in decision-making and product innovation.

     

    Qualifications

    Skills & Competencies

     

    • Strong knowledge of **bullion markets**, **treasury operations**, and **precious metal trading**.
    • Excellent understanding of **RBI guidelines**, **FEMA regulations**, and **KYC/AML norms** related to bullion.
    • Proficiency in financial systems (Synergy, RTGS/NEFT modules, MIS tools).
    • Analytical thinking with attention to detail and accuracy.
    • Strong client management, communication, and problem-solving abilities.
    • Ability to work under pressure and meet time-sensitive trade deadlines.

     

    Educational & Professional Qualifications

     

    • Master’s Degree in Commerce / Finance / Banking or equivalent.
    • 10–14 years of relevant experience in **bullion trading, treasury coordination, or transaction banking operations** in a leading financial institution.

     

     

    Behavioral Attributes

     

    • Integrity and regulatory sensitivity
    • Client-centric mindset
    • Operational excellence and accountability
    • Collaborative work style
    • Adaptability to dynamic market conditions

    Why Join Us

    • Be part of a high-growth startup shaping the future of bullion and digital asset investing.
    • Exposure to end-to-end business operations and cutting-edge fintech systems.
    • Opportunity to take ownership and influence operational strategy from an early stage.
    • Collaborative, merit-based culture that values innovation and accountability.

     

    Skills

    AMLKYCRisk ManagementCompliance

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