Commodity Trader - LME Hedging Specialist (Metals)

Urgent requirement for an Environmental Services & Recycling Company in Saudi Arabia.ONLINE INTERVIEW - ON-SPOT SELECTION
Position: LME Trader - London Metal Exchange Hedging (Metals)Vacancies: 3Salary: 12,000 - 20,000 SAR per monthDuty: 8 hours/day, 6 days a week
Role & responsibilities- Execute and manage hedges on the London Metal Exchange (LME) for base metals (Aluminium, Copper, Zinc, Nickel, Lead)- Monitor LME spot prices, forward curves, cash-3M spreads, settlements and warehouse stock levels- Determine optimal hedge levels, coverage ratios and entry/exit timing for raw material purchases and sales- Use LME futures and options to minimise metal price risk on physical positions- Track global supply-demand, macroeconomic data and market events affecting metal prices- Perform scenario analysis, back-testing and sensitivity analysis on hedge performance- Monitor open positions, mark-to-market values and hedge effectiveness- Coordinate with LME brokers, Finance, Procurement and Trading teams- Prepare daily, weekly and monthly market and risk-exposure reports for management- Ensure compliance with company risk management policies and limits
Preferred candidate profile- Minimum 5-8 years of hands-on LME trading / hedging experience (mandatory)- Experience in a metals producer, recycler, trading house or LME broker preferred- Strong knowledge of LME contracts, prompt dates, spreads and hedging instruments- Bachelor's degree in Finance, Economics or related field (MBA Finance preferred)- CFA / FRM will be an added advantage- Advanced Excel; Power BI and Python are a plus- Fluent spoken English (compulsory)
Perks & benefits- Food, accommodation and transportation provided by the company- Bonus as per company policy- 21 days annual leave; round-trip air ticket after 2 years- Medical and insurance provided- Other benefits as per KSA Labour Law
Candidates without direct LME experience need not apply.

Role: Commodity Dealer,Industry Type: Metals & Mining,Department: BFSI, Investments & Trading,Employment Type: Full Time, PermanentRole Category: Trading, Asset & Wealth Management

EducationUG: B.Com in Any Specialization, B.B.A. / B.M.S. in Any SpecializationPG: MBA/PGDM in Finance, M.Com in Any Specialization, M.A in Any Specialization

About companyA leading environmental services and recycling company based in Saudi Arabia, specialising in metal recycling and sustainable waste management solutions. The company operates across the metals value chain and actively manages commodity price risk through LME-linked hedging and trading strategies.
Recruitment through Ratna International, Mumbai a Government-registered, ISO-certified overseas manpower consultancy.Company InfoAddress:Kingdom of Saudi Arabia