Senior Trader, Base Metals, Book Manager for Base Metals Concentrates

MITSUBISHI CORPORATION RTM INTERNATIONAL PTE. LTD.
The individual will be reporting to and working closely with Global Head of Base Metals, to support the following activities and responsibilities mainly:
Responsibilities
1. Team and People Management
2. Base Metals Concentrates Trading
3. Risk Management
4. Support Strategy Design and Provide Analysis
Required Knowledge and Experience
- Profit and Loss for Base Metals Concentrate book of RtMI, managing various risks such as credit, market, legal and operational risk.
- Managing the Base Metals Concentrate book of RtMI, in collaboration with regional heads of RtMJ/RtMA/RtME/RtMB/China and other related offices, to increase the profit of Base Metals trading desk.
- Participate in the planning and design process of the Base Metals Concentrate book's strategy together with Global Head (and/or General Manager) of Base Metals. Support in leading, executing and implement plans for enhancing the Base Metals Concentrate business.
Responsibilities
1. Team and People Management
- Communicate and implement company strategy and policy with the team members involved in Base Metals Concentrate trading (front/middle offices) and other relevant stakeholders such as trade operation members supporting the Base Metal Concentrates book.
- Set KPIs and targets for individual direct reports in alignment with Divisional KPIs and reviews their performance.
- Monitor and train team employees in all aspects of trading and related procedures as appropriate.
- Ensure effective communication between team members to ensure updated business developments especially in internal stakeholder management (i.e. active leadership role when liaising with and maintaining seamless communication with the headquarters, Mitsubishi Corporation in Japanese.
- Contribute to a positive atmosphere of motivation and encouragement within the trading team.
- Support other RtMI's entities or RtM Global business in possible cross-commodities activities.
- Ensures that team members are collaborating well with members in corporate teams to realize and manage the business.
- Maintain and build good rapport, relationship with teams globally (including, but not limited to RtMJ/RtMA/RtME/RtMB/China/other related offices and MC Investment Division) and enhances "one-team" spirit across various organizations.
2. Base Metals Concentrates Trading
- Propose and set Divisional KPIs relevant for Base Metals Concentrates with Global Head of Base Metals.
- Maximize Profits and minimize Losses for Base Metals Concentrates trades on a Global basis, working closely with the corporate teams to manage various types of risks such as credit, market, legal and operational risk.
- Hold regular meetings with all entities and communicate with Heads of Department/Division and front office members from time to time, to capture the market status, business, and customers' status in each region. Any internal application/report in need should be consulted / discussed before going to Global Head and GM of Base Metals.
- Handle the internal application/reports related to Base Metals (such as Gendo application, new transactions) in need for RtMI side (explanation to Global Head of Base Metals, application to EXECO cooperating with each entity.)
- Checks and approves the pre-deal arrangements (KYC/STC, partner code registration, Gendo application of Credit, Warehouse) and the deals (sales/purchase contracts, warehouse agreements etc).
- Monitors and ensure contracts and approval audit trails are well organized and documented.
- Develop and maintain relationships with industrial players (suppliers/customers/traders) to enhance trading capabilities based on existing business priorities.
3. Risk Management
- Monitor trading limit and ensure all the members trade within limits set and comply with internal rules.
- Ensure that risk is managed within the designated limit and make efforts to always minimize such risk.
- Oversee team members in their liaison with the risk management division to prepare and complete all credit line applications (including warehouse credit lines) and resolve issues with Credit Insurers in a timely manner.
- Oversee team members in their liaison with legal and compliance division and prepare the drafts of various special and ordinary contract clauses / agreements.
- Supervise team members to liaise with Legal and Compliance Department and prepare, modify company contracts and check counterparty contracts, amend documents as and when necessary.
4. Support Strategy Design and Provide Analysis
- Contribute ideas to Global Head by providing operations Analysis and Strategy planning: Conduct an in-depth analysis of Base Metals Concentrate activities in collaboration with regional heads where necessary. This includes studying the business models, market demands, forecasting industry and market trends. Ensures smooth integration of operations from mining to the end-user.
- Based on the analysis, design the team strategy relevant to Base Metals Concentrate together with Global Head and/or General Manager of Base Metals.
- Support Global Head/General Manager in Strategy Execution: Initiate, execute and implement the strategy designed especially those for enhancing the global procurement of Base Metals.
Required Knowledge and Experience
- Degree in business-related fields, and/or economics and mathematics.
- At least 6-8 years of relevant working experience in physical and paper trading of Base Metal Concentrates, as well as futures markets including hedging and position management.
- At least 2-3 years of relevant experience managing a team and proven people management skills.
- Good freight exposure/knowledge and knowledge of handling Bill of Lading, Letter of Credit and Bills for Collections, etc.
- Good knowledge & experience of offtake arrangements, paper markets, hedging and traded markets.
- Proven and balanced commercial decision-making skills.
- Excellent interpersonal skills as well as influencing and negotiation skills.
- Advance knowledge of insurance, import duties, indirect tax such as VAT, GST etc and compliance.
- Business level proficiency in both English and Japanese (written and spoken) will be mandatory as the individual will be required to communicate with Mitsubishi Corporation's Tokyo headquarters frequently and facilitate collaboration between the two regions.
- Business proficiency in Chinese is preferred but not mandatory for communication with counterparties.
- Ability to work under pressure and prioritize work.
- Ability to work with a high degree of accuracy and attention to details.
- Excellent PC skills - advanced knowledge of Microsoft Office as well as trading systems, and willingness to learn new systems.
- Excellent time management skills.
JOB SUMMARY
Senior Trader, Base Metals, Book Manager for Base Metals Concentrates

MITSUBISHI CORPORATION RTM INTERNATIONAL PTE. LTD.
Singapore
2 days ago
N/A
Full-time
Senior Trader, Base Metals, Book Manager for Base Metals Concentrates