Precious Metals Broker / Sales Trader, New York
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 commodity brokerage seeking a precious metals broker in their New York office. Key Responsibilities / Tasks
Key Qualifications / Experience
- In charge of managing metals clients (both corporate and institutional), selling and executing a range of derivative hedging products (futures, options, OTC) to clients in the precious metals (gold, silver, palladium, platinum) and FX (forex) space
- Advise clients and sell solutions from across the firm's product range to existing and new clients while taking into consideration changes within the precious metals market as well as up selling additional solutions from the business including market analysis/commentary
- Establish and develop strong business relationships with new execution and clearing facilities for LME and CME precious metals (gold, silver, palladium, platinum etc)
- Responsible for providing regular fundamental and technical analysis of the metals market as well as full customer service in order to increase customer satisfaction and retention. Work closely with the foreign exchange desk to maximise business opportunities cross-client.
- Reports into the Head of Metals
- 3+ years' working in a tier 1/2 LME brokerage with a precious metals portfolio as a broker / sales trader, exposure to both physical and paper trading of precious metals ideal
- Must have an existing portable book of business in exchange traded options / futures (EFTs) with an annual revenue/P&L exceeding 200k GBP
- A Series 3 license and degree in Business, Economics, Finance, Mathematics or other relevant course
- Exceptional sales and analytical skills combined with extensive knowledge of the futures industry focusing on precious metal futures and options
- Located in New York or happy to relocate