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SVP - Procurement/ Head of Origination Iron Ore - Hong Kong
Selby Jennings Singapore
May 18, 2018
SVP Iron Ore Procurement & Origination: Physical Commodities, Ferrous Markets – China/office based in Hong Kong Highly Attractive
We are currently working with a global leading conglomerate specializing in iron ore and bulk commodities. They possess a strong balance sheet and they are rapidly expanding their iron ore business and are seeking an experienced person as a senior procurement specialist. This offers the opportunity for the incumbent to build up a business and contribute to the growing success of the company, and this role is to be based in Hong Kong. The position requires at least 10+ years trading experience in the iron ore trading markets within the financial industry/commodity trading house.
Enhance and Create new procuring and origination strategies for the ferrous trading department.
Generating demand-driven opportunities to supply iron ore and also increase supplier base globally.
Maintain good relationships with miners globally and monitor the global flows.
Managing relationships with buyers and customers.
Recommendations regarding trading decisions and strategic direction of the business.
Active risk management of the iron ore portfolio.
Close liaison with other business lines and operations of the company in China.
Reporting to Head of Iron Ore based in Beijing.
Agreeing commercial terms and drafting contracts.
Ensuring buyer performance under contract and management of operational risk.
Overseeing smooth running of the delivery process, including discharge, CIQ, management of buyer queries etc.
In due course, potentially managing an import and distribution business.
Fluent in English and Mandarin as you will be dealing with the Chinese markets mainly.
At least 8+ years of selling and trading of iron ore (more experience is welcome, remuneration will commensurate according to your skillsets, experience and P&L contributed).
Degree level education.
Prepared to travel to promote business.
This role will offer a talented and experienced physical iron ore trader the chance to develop their career with a global leading conglomerate company. Candidates applying for the role should be entrepreneurial in nature, hard-working, and initiative driven.
To apply please send your CV in word format to the address below: