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Hedging manager Full-time Job

1 month ago Broking Chennai   65 views
Job Details

Responsible for tracking LondonMetal Exchange Market Indices on a regular basis, updating management on PriceIndex views / News / Policy Updates

Getting Involved in Procurementactivities related to Imported metal scraps which involves documentation,transfer pricing & coordination with International suppliers for paymentrelated activities.

Updation of key data/reports/newsupdate to the senior management on a regular basis for key decision-makingprocess.

Identifying arbitrageopportunities & carrying out Technical Chart analysis within variousgrades.

Analysis of data related to keymarkets that include Production/Net Imports/Exports/Stock levels of keyproducing & consuming countries on a regular basis to gauge the marketscenario and short-term outlook.

Carrying out price analysis inExcel on a regular basis for price analysis of non-ferrous metals

Tracking Commodities (Metals)& Currency prices (Domestic & Global) on a daily basis whileresponsible for generating Intraday/Positional/Spread Calls on Metals &Currency Market based on technical chart analysis.

 Preparing Research Reports, Performancesnapshots, & Special Reports on Metals, Energy & Currency Markets.

 Analyze the market dynamics and factoraffecting the Commodity & Forex market prices, which involves monitoringeconomic data releases and news of major economies, tracking global equityindices, and forward/futures rates of various asset classes, options premiumsetc.

Responsible for implementation ofthe approved risk management policy & structure in the company

 Analysing currency & commodity exposure, quantifyinghedge required & communicating same to front office,

 Coordination with procurement and sales teamon regular basis to identify physical Commodity open exposure and identifyingprice gaps for hedge required.

 Interaction with various bankers, brokers& consultants on regular basis for market analysis as well as utilizingtheir services towards price risk management for the company.

 Taking Forward/Spot rates from various banksfor various inward/outward transactions, while executing large Fx transactionsin a timely & professional manner.

 Preparation of MIS reports according to policymanual & submission to senior management (Risk Committee).

 Hedging Currency & Commodity exposure in Interbank OTC market,Global (LME) & National Exchanges as per the approved limits &instruments in the policy

Advising Corporate Clients onL.M.E Base Metal/Bullion/Currency market trends, information updates, andproviding them with best pricing levels based on Market Research & Analysisto benefit them in their business.

 Preparing key analytical reports related toInternational & Domestic Metal & Bullion commodity markets.

 Generating revenue for the organization byacquisition of new Corporate SME clients on all India basis as well as onInternational level & maintaining successful relationships with existingcorporate clients.

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