Hedge Unit Team Member

elouisehetrick
  • Post Date: April 12, 2022
  • Applications 0
  • Views 285
Job Overview

Zinc/Copper Department

We are looking for a motivated Hedge Unit Team Member to join our Zinc/Copper team at our headquarters in Baar. In this position, you will prepare the daily cards for the LME traders, support the traffic team and deal with brokers.

The role

Daily handling of metal and FX hedges, including collection of physical pricings and preparation of daily hedge instructions; booking contractual pricings and futures trades into the system and maintaining/controlling London Metal Exchange (LME) positions

Controlling of Price Risk Management accounts for other group companies by co-ordinating hedge orders, positions and settlements with traffic people at headquarters in Baar and in various field offices on a daily basis

Reconciliation of the LME positions on a daily and monthly basis with the brokers and issuing daily clearing instructions

Agreeing and settling Broker Difference Accounts on a daily basis

Pricing precious metals and placing hedge orders on the London Bullion Market

Preparing monthly accounts for bookkeeping, covering the review and check of the closing period, issuing Difference Accounts for hedged contracts and agreeing profit and loss account with LME trader

Our ideal person:

Driven and flexible working style

Can-do attitude with a strong ability to adapt in a constantly changing environment

A good team player, eager to learn and able to work under pressure

Disposes of efficient and well-organized working skills as well as a good knowledge of using MS Office tools

Figure-minded

Minimum requirements:

Solid educational background and a few years of work experience in an international as well as multicultural environment

Strong IT skills / advanced knowledge of Excel. VBA skills is an advantage

Fluent English (spoken and written)

Current SWISS B/C Permit or passport holder of EU

Job Detail
  • Offerd Salary120,000 CHF
  • Career LevelOthers
  • Experience4 Years
  • GenderBoth
  • INDUSTRYBanking
  • QualificationMaster’s Degree
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