Job title: Senior Trade Manager-Coal
Company: Innovations Group
Job description: Responsibilities:Coal Trading Strategy Development:Develop and implement coal trading strategies to meet business objectives and market trends.Identify and capitalize on market opportunities in coal trading globally.Market Analysis:Monitor and analyze global coal markets, including supply-demand dynamics, pricing, and geopolitical factors.Track key market indicators and provide regular reports on market conditions and opportunities.Assess risks and opportunities in coal pricing and trading and provide recommendations to senior leadership.Commercial Negotiations:Negotiate coal purchase and sales contracts with suppliers, customers, and intermediaries.Lead the negotiation of terms and conditions, ensuring favorable contract terms for the company.Develop and manage pricing models and strategies to maximize profitability.Risk Management:Identify, evaluate, and mitigate financial, operational, and market risks associated with coal trading.Implement hedging strategies and manage portfolios to mitigate exposure to market volatility.Ensure compliance with relevant laws, regulations, and internal policies related to coal trading.Relationship Management:Build and maintain strong relationships with coal producers, buyers, and key industry stakeholders.Cultivate new business relationships and expand the company’s coal trading network.Collaborate with internal teams (e.g., logistics, finance, legal) to ensure smooth execution of trading activities.Market Forecasting and Reporting:Provide regular forecasts for coal market trends, ensuring strategic decision-making is based on accurate and up-to-date market data.Prepare detailed reports for senior management on trade performance, market conditions, and future outlooks.Team Leadership:Lead and mentor a team of traders and analysts, fostering a collaborative environment for trading success.Oversee training and development for junior traders to enhance team performance and skill set.Compliance and Ethics:Ensure adherence to all regulatory, legal, and ethical guidelines related to coal trading activities.Work with compliance and legal teams to ensure the company’s operations follow industry best practices and are fully compliant with relevant regulations.Collaboration with Other Departments:Work closely with the logistics team to ensure the timely and cost-effective delivery of coal.Collaborate with the finance team to monitor cash flows, manage budgets, and ensure proper financial reporting for coal trading activities.
Expected salary: 15000 – 25000 per month
Location: Dubai
Job date: Sat, 07 Dec 2024 02:26:45 GMT
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Senior Trade Manager-Coal
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