Precious Metal Trader

2 weeks ago


Markham, Canada Umicore Full time

**About Umicore**

**About Jewellery & Industrial Metals**

**What you will be doing**
- Trading and hedging of physical and non physical precious metals as per trading policies and procedures
- Perform metal transfers for trading accounts upon request
- Post incoming metal transfers to credit corresponding trading accounts
- Maintain daily foreign exchange hedging file and ensure compliance with forex limits
- Monitor metal hedged position that keeps metal price fluctuation risk and foreign exchange risk to a minimum
- Coordinate & timely sourcing of raw material as per manufacturing and sales requirements & specifications.
- Enter metal markets and foreign exchange transaction into accounting software system
- Daily confirmation and reconciliation of metal consignment and fund balances with metal suppliers
- Maintain metal loans with other trading desks and ensure timely metal turnover to minimize metal loan interests
- Prepare and manage metal loan evaluations to customers to ensure compliance of margin requirements
- Daily reconciliation of metal transactions and forex transactions
- Manage Trading desk to grow the profitability of bullion sales
- Review and post monthly metal loan interests to accounting software system
- Other duties as assigned

**Who we are looking for**
- A diploma/degree in business or accounting
- Strong analytical, organizational, time management, and interpersonal skills
- Ability to deal with individuals at all levels in a fast-paced, demanding environment, often with tight deadlines and multiple deliverables.
- Proactive and can work independently, escalating issues when appropriate.
- Strong computer skills, including proficiency with accounting software and office productivity tools.
- Microsoft Excel - Intermediate level
- Effective investigation and problem solving skills
- Strong communication skills
- Keen eye for detail, and the ability to spot potentially fraudulent or dishonest activities
- Ability to deal with customers in a professional and objective manner

**What we offer**

We aim to lead the way. Not just for our customers, but for our employees too. That is why we strive to create a collaborative environment in which we can all succeed, and a culture through which we can all share ideas, develop our expertise and advance our careers. We engage in building an inclusive work culture that offers equal opportunities for all employees irrespective of their diverse backgrounds. As you would expect from a world-leading organisation, we will also reward your contribution with a competitive salary and benefits. With all this and more, imagine what you could do?

**If my expertise can contribute to fine jewellery, IMAGINE WHAT YOU COULD DO**

Interested applicants should send their resume to:


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