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Head Commodity: Hedging (Ferrous & Non-Ferrous Metals) at Somani Group, Delhi

Head Commodity – Hedging (Ferrous & Non-Ferrous Metals)

Somani Group, Delhi

About the Role

To execute hedging for ferrous and non-ferrous metals using domestic and international exchanges.

Key Responsibilities

  • Design and execute hedging strategies for ferrous and non-ferrous metals such as steel, aluminum, copper, zinc, nickel, lead, etc.
  • Manage exposure through futures, options, swaps, and structured products on exchanges like LME, MCX.
  • Track global metal markets, supply-demand fundamentals, and geopolitical developments.
  • Ensure compliance with internal risk policies, exchange regulations, and statutory norms.
  • Track and evaluate commodity markets to identify trends, opportunities, and potential risks.
  • Execute trades across assigned commodities in strict adherence to internal policies and regulatory guidelines.
  • Oversee and optimize trading portfolios to ensure profitability and alignment with overall market and hedging strategies.
  • Prepare and present daily, weekly, and monthly reports covering market movements, trading performance, exposures, and strategic insights.

Requirements

  • Expertise in LME contracts, MCX metals, futures & options. Deep, hands-on hedging experience.
  • Analytical mindset with strong risk assessment capability.
  • Strong Excel / trading systems proficiency.
  • 6+ years of hardcore hedging or metal trading experience.
  • Proficiency in financial modeling, risk management, and commodity derivatives.
  • Experience in both domestic and international markets.
  • Preferred to be a female candidate willing to relocate to Delhi.
  • Must be proficient in financial instruments such as futures, options, and swaps.
  • Must have experience with exchanges like LME and MCX.
  • Must have hands-on hedging experience in commodities such as steel, aluminum, copper, zinc, nickel, lead, etc.
  • Must have experience in industries such as b, a, d, e, f.
  • Must have individual contributor experience.
  • Must have proficiency in technical skills such as a, e, f.
  • Must be willing to undergo 6+ interview rounds.

Character Values

  • Fairness
  • Integrity
  • Responsibility

Preferred Candidate Profile

  • Commodity Trader with Hedging Experience
  • Willing to relocate to Delhi

Compensation

Unknown

Location

Delhi

Education

Bachelors

Experience

8-18 Years

Missing Points

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