Gold Traders and Suppliers

at Paumu Bullion Co
Location Dar es Salaam, Tanzania, United Republic of
Date Posted March 24, 2024
Category Logistics
Management
Sales and Marketing
Job Type Full-time
Currency TZS

Description

Gold Trader and Supplier Job Description:

  • As a Gold Trader and Supplier, your primary responsibility is to engage in the buying and selling of gold, managing transactions, and ensuring a smooth supply chain. Key duties include:
  • Market Analysis:** Stay informed about global gold market trends, monitor prices, and analyze factors influencing market dynamics to make informed trading decisions.
  • Negotiation:** Negotiate terms and conditions with buyers and sellers, aiming for favorable deals while considering market conditions and client requirements.
  • Risk Management:** Assess and manage risks associated with gold trading, implementing strategies to mitigate potential financial losses.
  • Supply Chain Management:** Oversee the procurement and supply chain process, ensuring the timely and efficient delivery of gold to clients and maintaining strong relationships with suppliers.
  • Compliance:** Stay abreast of industry regulations and compliance requirements, ensuring all trading activities adhere to legal standards and ethical practices.
  • Documentation:** Prepare and maintain accurate records of transactions, contracts, and other relevant documentation.
  • Market Research:** Conduct continuous research on industry trends, competitors, and emerging opportunities to identify potential areas for business growth.
  • Customer Relations:** Build and maintain strong relationships with clients, understanding their needs and providing excellent customer service.
  • Financial Analysis:** Perform financial analysis to evaluate the profitability of transactions and identify areas for improvement.
  • Communication:** Effectively communicate market updates, trading strategies, and other relevant information to internal teams and external stakeholders.
Required profile for job ad : Gold Traders and SuppliersRequirements:

  • Bachelor’s degree in finance, business, or a related field.
  • Proven experience in gold trading and supply chain management.
  • Strong analytical and negotiation skills.
  • Knowledge of international trade regulations and compliance standards.
  •  Excellent communication and interpersonal skills.
  • Ability to work under pressure and make strategic decisions in a fast-paced environment.

This job description is a general outline and may be customized based on specific company requirements.

 

Gold Trader and Broker Profile Requirements:

Educational Background:**

  •    Bachelor's degree in finance, economics, business, or a related field.
  •    Additional certifications in trading or finance are advantageous.

Experience:

  •    Proven experience in gold trading and brokerage.
  •    Successful track record in executing profitable trades and managing client portfolios.

Market Knowledge:

  •     In-depth understanding of global gold market trends, factors influencing prices, and geopolitical impacts.
  •    Familiarity with various trading platforms and tools.

Analytical Skills:

  •    Strong analytical and quantitative skills to assess market data, trends, and risks.
  •    Ability to interpret technical analysis and make data-driven decisions.

Negotiation Skills:

  •    Excellent negotiation skills to secure favorable deals with clients and counterparties.
  •    Experience in navigating complex contractual agreements.

Risk Management:

  •    Proficient in identifying and managing risks associated with gold trading.
  •    Ability to develop and implement effective risk mitigation strategies.

Regulatory Compliance:

  •    Knowledge of international trade regulations and compliance standards related to gold trading.
  •    Adherence to legal and ethical standards in all trading activities.

Communication:

  •    Strong communication skills to convey complex market information to clients and internal teams.
  •    Ability to build and maintain relationships with clients and industry stakeholders.

Adaptability:

  •    Ability to adapt to changing market conditions and implement flexible trading strategies.
  •    Comfortable working in a fast-paced and dynamic trading environment.

Technology Proficiency:**

  •     Familiarity with trading platforms, financial software, and data analytics tools.
  •     Ability to leverage technology for efficient trade execution and market analysis.

Client Focus:

  •      Customer-centric approach with a focus on providing excellent service to clients.
  •     Ability to understand and meet clients' unique trading and investment needs.

Ethical Conduct:

  •     High ethical standards and integrity in all business dealings.
  •     Adherence to industry regulations and commitment to fair trading practices.
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