HeadofPreciousMetalsProducts(Singapore/London/HongKong)
The Business Development, Precious Metals will lead the strategic growth of gold and silver derivatives trading on the exchange, with a primary focus on Asia. This role is responsible for driving market adoption, developing liquidity, and transitioning precious metals trading activity from OTC markets to interact with exchange-traded derivatives.
The successful candidate will possess deep technical expertise across the full precious metals trade lifecycle -from futures execution and clearing through physical delivery, vaulting, and bullion logistics - and will act as a key interface between market participants, infrastructure providers, and internal exchange stakeholders.
KeyResponsibilities
- Defineandexecutetheexchange’spreciousmetalsgrowthstrategyforgoldandsilverderivatives,withafocusonAsia-Pacificmarkets.
- IdentifystructuralinefficienciesinexistingOTCpreciousmetalsmarketsanddesignexchange-basedsolutionstoimprovetransparency,capitalefficiency,andriskmanagement.
- LeadinitiativestomigratetradingflowsfromOTCspotandforwardsintostandardized,clearedderivativesproducts.
- Assessregionalregulatory,tax,andmarketstructureconsiderationsimpactingbulliontradingandderivativesadoption.
- Developandmanagesenior-levelrelationshipswithbullionbanks,producers,refiners,traders,vaultoperators,logisticsproviders,andinstitutionalinvestors.
- Drivesales,onboarding,andactivationofnewparticipantsacrossfutures,options,andphysicallydeliverablecontracts.
- Workcloselywithliquidityprovidersandmarketmakerstosupportsustainableorderbookdepthandtightspreads.
- Act as a subject-matter expert for clients on product design, contract specifications, delivery mechanisms, and margining.
- Maintain expert-level understanding of the full precious metals trade lifecycle, including: Futures and options execution; Clearing, margining, and settlement; Physical delivery processes; Vaulting, custody, and inventory management; Bullion quality standards, bar lists, and assay processes
- Providecommercialandtechnicalinputintonewproductlaunches,contractenhancements,anddeliveryinfrastructure.
- Collaboratewithclearing,operations,andtechnologyteamstoensurerobustandscalablepost-tradeprocesses.
- Representtheexchangeexternallyatindustryconferences,regulatorydiscussions,andclientforums.
- Providemarketintelligenceandfeedbacktoseniormanagementoncompetitivedynamics,clientdemand,andregionaltrends.
- Partnerwithlegal,compliance,andregulatoryteamstosupportapprovalsandmarketaccessinitiatives.
- Provide leadership and guidance to the regional sales and BD team as the business grows.
RequiredQualifications&Experience
- Extensiveexperience(typically10+years)inpreciousmetalsmarkets,derivativestrading,orbullionbanking.
- Deeptechnicalknowledgeofpreciousmetalsmarketsacrossderivativesandphysicallymarkets.
- Provenunderstandingofphysicalbullionmarkets,includingvaulting,logistics,andsettlementworkflows.
- StrongbackgroundinOTCpreciousmetalstradinganddemonstratedexperiencedrivingorsupportingthetransitiontoexchange-tradedderivatives.
- EstablishednetworkacrossthepreciousmetalsecosysteminAsia,includingbanks,traders,refiners,andinfrastructureproviders.
- Strongcommercialacumenwithatrackrecordofrevenuegrowth,clientacquisition,andliquiditydevelopment.
- Abilitytoengagecrediblywithbothtradingdesksandoperationsteamsoncomplexlifecycleandinfrastructuretopics.
- Excellent communication and stakeholder management skills across cultures and jurisdictions.
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Head of Precious Metals Derivatives Growth – Asia in City of London employer: Abaxx Technologies
As a leading exchange in the precious metals market, we offer an exceptional work environment that fosters innovation and collaboration. Our Singapore office is at the heart of Asia's financial hub, providing employees with unique opportunities for professional growth and networking within a dynamic industry. We prioritise employee development through comprehensive training programs and encourage a culture of inclusivity and teamwork, making us an ideal employer for those seeking to make a significant impact in the world of derivatives trading.
