This private bank based and registered in Switzerland is looking to recruit a Director of Metals Trading to supervise their the Metals based trading team within their Hard commodities trading division. This role will be based from their Zurich operation.
The bank has created a global private Exchange that acts as a private clearing network for institutions and investors alike. The Exchange has been designed to revolutionize the management and trading of assets and asset backed instruments. The Exchange can manage the trading of Metals based securities and contracts
and acts as a complement to the LME, rather than a replacement. It integrates fully with existing settlement systems and acts in concert with the all the banks clients systems. Clients of the bank for this service include other financial institutions, fund companies, private investors and brokerage houses.
In essence the Exchange provides a comprehensive virtual Metals / Bullion market to prevent many of the asset identification issues that stop the successful completion of trading transactions. To achieve this goal they want to hire a skilled Director of Metals Trading to supervise the transaction process and expand their successful Metals trading operation. The Director of Metals Trading is in charge of orchestrating the on-boarding process for the membership who wish to trade Metals, especially Gold Bullion.
The Director of Metals Trading works with the prospective members and their bank officers to confirm that the prospective member does indeed have the Metal based asset or contract that they purport to own. Thus, the Director of Metals Trading acts as a third party liaison to facilitate these transactions and meet all the regulatory, compliance and legal process requirements of both counter-parties. Effectively they will be managing, co-coordinating and handling the process requirements of private placement transactions involving precious metals, bullion & assets related to the metals market (s).
To be successful the Director of Metals Trading must be familiar with metals trading, settlement systems, Bank Guarantees, asset backed securities, various metal options and contracts. Once an institution or individual is approved for membership by the Director of Metals Trading, it is the Bank that actually executes the exchange to ensure a successful transaction.
To be considered for the Director of Metals Trading vacancy you must be a senior Metals Trading / banking professional with at least five years experience of Metals Trading. Applications from individuals approved and knowledgeable about the London Metal Exchange will be welcomed. You will be comfortable dealing with both ultra high net worth individuals and banking institutions.
The Director of Metals Trading position offers the right banking operations professional an outstanding earning potential
. Should you prove to be successful you can expect to earn far in access of the industry norm. Best of all, due to the banks existing intermediary network the transactions will be brought to you to fulfill, there is absolutely no sales required from yourself.
The firm is just exiting the start up phase of its international roll out and aims to expand to be the de-facto on-line exchange choice for the private placement / private banking industry. To meet this ambitious aim they are about to announce the acquisition of a major bank in Switzerland to act as their European hub.
If you feel you fit the profile and are keen to get on board a truly life changing career and remuneration opportunity, apply above.