Business Line Owner

Managing, developing, and overseeing the molten gold trading line in the market, with a focus on increasing profitability, controlling risks, and establishing a sustainable supply and distribution network.

Responsibilities:

• Managing the molten gold buying and selling process.
• Establishing and developing relationships with suppliers, wholesalers, and market traders.
• Daily analysis of gold prices and monitoring domestic and global markets.
• Executing trades within the legal framework (formal sector) and understanding the mechanisms of the informal market.
• Verifying the purity (karat), authenticity, and quality of purchased gold.
• Managing price fluctuation risks and making rapid trading decisions.
• Recording and documenting transactions.
• Collaborating with finance and accounting departments for trade settlements.
• Identifying arbitrage opportunities in the market.
• Maintaining the security of transactions and confidential information.
• Providing PnL reports for the respective business line.
• Reviewing targets and developing projects to achieve them.
• Managing and recruiting personnel within the line’s infrastructure.

Skills and Competencies:

• Full familiarity with the molten gold market and its specialized terminology.
• Strong negotiation and networking skills.
• High accuracy in calculations and purity (karat) identification.
• Ability to make quick decisions in high-risk situations.
• Knowledge of laws and regulations related to gold trading.
• Stress management and ability to work in a highly volatile environment.
• Team and infrastructure management skills.
• Familiarity with startup financial concepts.

Qualifications:

• Work experience in the gold market or precious metals trading (a major advantage).
• Familiarity with gold assaying and purity testing.
• Relevant educational background (Finance, Business, or similar) is an advantage.
• Having active and established connections in the market (highly important).