Senior Physical Trader

Key Responsibilities

- Build and maintain relationships with banks, mutual funds, ETFs, and institutional sellers of silver to ensure consistent sourcing channels.
- Lead the sale of silver to various market participants, including bullion traders, jewellers, and industrial users, while expanding the company's customer base.
- Maintain a strong on-ground presence in major bullion markets and develop informal intelligence networks to track real-time market dynamics.
- Execute physical buy and sell transactions aligned with company profitability targets, identifying arbitrage opportunities as they arise.
- Lead and guide the trading team, providing market insights and supporting the development of the company's trading strategy.
- Engage clients through regular meetings and networking events, retaining priority customers and onboarding new trading relationships.
- Monitor and benchmark competitor pricing and strategies, providing insights for demand forecasting and pricing strategy.
- Ensure strict adherence to trading guidelines and risk protocols, maintaining ethical dealings and transparent communication.

Overview

- a leading bullion trading company in India is a leading name in India's physical silver trading industry, operating across various sectors such as banks, bullion markets, institutional investors, and industrial buyers.
- With a deep-rooted presence in the precious metals ecosystem, the company is seeking a Senior Physical Trader to enhance its market reach and strengthen trading practices.
- This role involves building and maintaining strong industry relationships and expanding the company's distribution network within the broader bullion market.
- The ideal candidate will have significant experience working with financial institutions or within major bullion trading hubs, driving the company's growth and ensuring disciplined trading practices.
- The Senior Physical Trader will play a crucial role in sourcing silver from institutional channels like banks and mutual funds, while expanding distribution to bullion traders, jewellers, and industrial users.
- This position demands strong intelligence gathering to inform trading strategies and market expansion efforts.
- The selected individual will lead a team to grow Foresight Bullion's trading footprint, ensuring the company's competitive edge in the market.
- This role requires active engagement within major bullion markets such as Zaveri Bazaar and Ahmedabad Bullion Market, offering opportunities to identify and capitalize on market trends and opportunities.
- The Senior Physical Trader will be responsible for executing trades that meet profitability targets and maintaining strong compliance with trading guidelines.
- A key aspect of this position is leadership, where the Senior Physical Trader will guide a team in trading execution and market expansion, working collaboratively with internal operations, finance, and logistics teams.
- The role demands building long-term customer relationships and representing Foresight Bullion professionally in the market.

Requirements

- 9-12 years of experience in bullion trading, precious metals markets, or banking bullion desks.
- Strong familiarity with physical bullion ecosystems and key market hubs such as Zaveri Bazaar and Ahmedabad Bullion Market.
- Proven ability to build and maintain a network across traders, jewellers, brokers, banks, and institutional market participants.
- Exceptional negotiation and relationship-building skills, coupled with a disciplined trading mindset.
- High energy, street-smart with strong commercial instincts, and willingness to spend time in the market ecosystem.
- Entrepreneurial thinking with strong accountability and ethical standards.