Company Description
You’re talented and adaptable. That’s why you’ll fit in.
The strategy of Anglo American is to secure, develop and operate a portfolio of high quality and long-life resource assets to deliver leading shareholder returns. This can be achieved through innovative practices and technologies, in the hands of our world-class people, working towards a common purpose of re-imagining mining to improve people’s lives.
The purpose of the Marketing BU is to sustainably maximize cash flows from the marketing of Anglo American products and services. In support of this, we have set ourselves a target to deliver a considerable uplift in Value by 2030.
China represents one of the most important markets for Anglo American’s products as well as a potential partner for investment and source for supply of goods & services. The establishment of the trading WFOE in Shanghai is to enable the company to get closer to China market and also set the platform for tapping into the domestic market for RMB based trading, adding more toolkit for packaging services as material solution provider to end users.
Job Description
KEY TASKS
Safety, Health & Environment
- We give our all to eliminating injuries because we value life and are unconditional about safety, health and well-being at work and at home.
- Every Marketing Employee will spend time each quarter working on activity which supports Physical Health and Safety.
Performance & Delivery
Customer/Supplier Relationship
- Maintain the existing and assist in Developing and building relationships with China domestic copper metallic customers/suppliers to maintain and maximize netbacks and value creation.
- Support the expansion of transactional base with Over-the-Counter counterparties and exchanges.
- Develop relationship with warehouse and logistics providers within China domestic market.
Financial Trading
- Support the execution of the China domestic Financial Trading team trading strategy following guidance from the Senior Trader Copper.
- Support the hedging requirements for China domestic physical business includes but not limited to Battery Materials.
- Promote continuous dialog with London and Singapore trading and risk teams to expedite resolution any explanation of discrepancies detected in the daily risk reporting processes.
- Provide daily market commentary and analysis covering market closes, LME-SHFE arbitrage dynamics, spreads, positioning and key market developments.
- Establish financial trading book to execute positioning trades within agreed limits (limited size) and authorised underlying products
Physical Trading
- Manage partial China domestic customer/supplier accounts to trade volumes through relationship management, contract negotiations within approved conditions and conclusion and resolution of operational challenges following Anglo American’s governance processes and business practices
- Optimize value of the China domestic trading book throughout customer/supplier negotiation process.
- Purchases/sales execution by following Purchases/sales processes
- Work closely with the sales operations team, offering coaching when appropriate, to oversee the Purchases/sales execution process and ensure excellent service delivery and quick resolution of customer/supplier queries.
- Address and resolve any customer/supplier complaints/service shortfalls.
Trading Plan & Targets
- Support yearly trading planning process for Copper metallic within China domestic market and the global refine copper.
- Support the optimization of the FT global trading strategy by identifying opportunities from his/her customer/supplier portfolio.
Others
- Support the planning and execution of any other ad-hoc trading initiatives as and when required by the Executive Head of Financial Trading.
Compliance
Adherence to all Anglo American Group and Marketing policies and procedures, as well as observing proper standards of conduct relating to the role.
Qualifications
What we're looking for
- A relevant degree (desirable)
- At least 3 years SHFE Financial trading experience preferably in Base Metals and ability to articulate Financial Trading strategies to a broader audience
- Technical understanding of China domestic copper metallic market and metal import flow
- Understanding of the copper market, including pricing mechanisms, arbitrages and hedging operations.
- Strong team spirit, open to constant dialogue with colleagues around the world.
- High organizational skills and ability to multitask and prioritize conflicting deadlines.
- Good interpersonal skills and strong relationship building.
- Strategic approach towards negotiations and thorough preparation.
