Hiring for Executive/Sr. Executive Price @ Zodiac HR Consultants

Job Description

Dear Candidate,

Greetings!!

Positions: Sr. Executive / AM/ Manager : Price Risk
Experience- Min. 1+ Year / MBA Fresher also can be considered
Job Location: Mumbai - Prabhadevi
Qualification: MBA

Job Summary:

Price Risk candidate daily responsibility will be to set live 2-way prices for buying and selling gold across the company's various distribution channels. You will have to manage the prices within the constraints of maintaining margins, accounting for location of inventory, keeping company exposure to below pre- agreed risk limits and providing a competitive offering to the market.
Actively monitor pricing and availability across multiple channels in the bullion market including exchanges, refiners, jewellers and banks across multiple locations and capitalize on arbitrage opportunities where possible.
Managing day to day trading relationships with the reputed refiners, bullion banks, and bullion dealers across the industry for sourcing the bullion.
Individually operate MCX/ NSE/ BSE/Vendor online trading terminals with thorough knowledge of all MCX / NSE rules & regulations and compliance in terms of sourcing of the bullion as well as managing risk through financial securities such as futures and options, price risk hedge.
Ensure 100% compliance with risk management standards.
Handling supply and delivery of bullion in coordination with the logistics company.
Assist in documentation (NDAs, purchase and sale agreements, etc.), counterparty due diligence, vendor onboarding and coordination to complete counterparty onboarding.
Daily recording of trading transactions in the company systems, Tally ERP software, financial and inventory reconciliation whilst maintaining accurate records for audit purposes. Assisting the accounts team to resolve settlement issues with the counterparties.
Work with internal technology and product teams to develop algorithms and automated systems to help migrate as much of the work as possible to a system driven process with minimal manual intervention
Good documentation, coordination & Interpersonal skills
Good communication skills and having MS excel knowledge.

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Keyskills:   risk analysis analytic price