The Principal Specialist, Trading Management is responsible for maximizing the commercial value of the company's Gold Doré sales through advanced market intelligence, price forecasting, commercial analysis, and trading strategy evaluation. The role serves as the company's subject matter expert on global precious metals markets and provides strategic advisory support to management and sales teams on pricing decisions, market opportunities, risk management strategies, and sales execution.
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What You Will Deliver
- Monitor global Gold Doré, precious metals, foreign exchange, interest rate, and macroeconomic markets to identify pricing opportunities, market trends, and commercial risks.
- Continuously assess market conditions, analyst reports, refinery developments, geopolitical events, central bank activities, and economic indicators impacting Gold Doré prices and demand.
- Develop and maintain short-term, medium-term, and long-term gold price forecasts using fundamental, technical, quantitative, and market-based analysis methodologies.
- Provide daily, weekly, monthly, quarterly, and annual market intelligence reports covering market developments, price trends, forecasts, assumptions, opportunities, risks, and strategic recommendations.
- Act as the company's internal advisor on Gold Doré pricing and commercialization strategies, providing expert guidance to the Sales and Commercial teams on pricing decisions and market execution.
- Evaluate and recommend optimal sales and pricing strategies for Gold Doré, including various pricing execution methods and alternative pricing mechanisms.
- Analyze and assess trading and risk management alternatives to enhance commercial value and manage market exposure.
- Develop pricing models and commercial scenarios to compare pricing alternatives and identify the most value-accretive strategy for the company's Gold Doré sales.
- Provide market timing recommendations to maximize realized prices and support commercial decision-making throughout the sales cycle.
- Identify opportunities to enhance revenue through market optimization, pricing strategy improvements, and strategic sales execution.
- Track and benchmark the company's realized Gold Doré sales performance against global market references and pricing indices.
- Develop and maintain advanced analytical models, dashboards, and reporting tools to support management reporting and decision-making.
- Prepare executive-level presentations and strategic reports highlighting market outlooks, price forecasts, commercial opportunities, risk assessments, and performance analyses.
- Collaborate closely with various departments to ensure pricing strategies, market positioning, and commercial decisions are aligned with business objectives.
Minimum Qualifications
- Bachelor’s degree in business administration, Marketing, or related field; master's degree or professional certification (e.g., MBA) is preferred.
Experience
- Minimum of 10-15 years of experience in Gold Doré trading, precious metals marketing, or related functions.
- Proven experience in LBMA pricing mechanisms and commercial evaluations.
Skills That Matter
- Advanced knowledge of Gold Doré markets and precious metals trading practices.
- Strong understanding of derivatives, hedging instruments, and pricing risk mitigation strategies.
- Expert-level market analysis, forecasting, and commercial optimization capabilities.
- Advanced proficiency in Microsoft Excel, Power BI, and other analytical tools.
- Strong commercial acumen with the ability to convert market intelligence into actionable recommendations.
- Excellent analytical, reporting, and presentation skills.