At a Glance
- Tasks: Lead the growth of gold and silver derivatives trading in Asia.
- Company: Dynamic exchange focused on precious metals and innovative trading solutions.
- Benefits: Competitive salary, global exposure, and opportunities for professional development.
- Other info: Join a collaborative team and make a significant impact in the industry.
- Why this job: Shape the future of precious metals trading and drive market innovation.
- Qualifications: 10+ years in precious metals markets with strong trading and relationship skills.
The predicted salary is between 121500 - 148500 £ per year.
Headof Precious Metals Products(Singapore/London/Hong Kong)
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.
Key Responsibilities
- Defineandexecutetheexchange’spreciousmetalsgrowthstrategyforgoldandsilverderivatives, withafocuson Asia-Pacificmarkets.
- Identifystructuralinefficienciesinexisting OTCpreciousmetalsmarketsanddesignexchange-basedsolutionstoimprovetransparency, capitalefficiency, andriskmanagement.
- Leadinitiativestomigratetradingflowsfrom OTCspotandforwardsintostandardized, 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.
- Required Qualifications&Experience
- Extensiveexperience(typically10+years)inpreciousmetalsmarkets, derivativestrading, orbullionbanking.
- Deeptechnicalknowledgeofpreciousmetalsmarketsacrossderivativesandphysicallymarkets.
- Provenunderstandingofphysicalbullionmarkets, includingvaulting, logistics, andsettlementworkflows.
- Strongbackgroundin OTCpreciousmetalstradinganddemonstratedexperiencedrivingorsupportingthetransitiontoexchange-tradedderivatives.
- Establishednetworkacrossthepreciousmetalsecosystemin Asia, includingbanks, traders, refiners, andinfrastructureproviders.
- Strongcommercialacumenwithatrackrecordofrevenuegrowth, clientacquisition, andliquiditydevelopment.
- Abilitytoengagecrediblywithbothtradingdesksandoperationsteamsoncomplexlifecycleandinfrastructuretopics.
- Excellent communication and stakeholder management skills across cultures and jurisdictions.
- #J-18808-Ljbffr
Head of Precious Metals Derivatives Growth – Asia in 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.
