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: 3

Salary: 12,000 - 20,000 SAR per month

Duty: 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.