Manager - Hedging & Trading
Sun Metal Group
Total years of experience :18 years, 10 Months
Managing hedge book portfolio of the group in base metals and Forex. Managing clients’ accounts/portfolio - Advising management and clients on markets trends and trades. Sales trader functions.
Managing Company/Client positions and associated market risks within the limits of brokers/banks. Designing and implementing customized surveillance systems for clients and hedge book for risk management
Ensuring forecasting and management of cash flow in/out from clients- brokers- banks. Treasury functions - Coordination with finance/accounts department on settlement of all derivative transactions and the resultant cash flows.
Negotiating and securing credit lines from Banks/Brokers required for the hedging operations - Obtaining competitive limits, commissions and contribute towards reducing hedging costs.
Managed the Commodity price risk / exchange rate risk of Metals / Forex deals of the group. Managed Hedge book of the group using derivatives and structured products through Brokers - JP Morgan, Standard Chartered, Toyota.
Effectively managed proprietary trading portfolio. Short/long term trades in Base Metals/Forex to enhance hedge book. Treasury Functions -Co-ordination with finance department to ensure adequate cash flow on settlements. Involved in ERP system design of hedging model with IT department.
Circulation of research reports/metals bulletin with daily/weekly/monthly market views among Top management and purchase/sales /finance departments. Round the clock monitoring of the market. Worked on Reuters, Bloomberg, Fast markets -news providing platforms.
Advising management with short, medium and long term trends in metals and forex. Assist physical trade with forecast of upcoming trends. Worked on LME, Comex, MCX. Sound knowledge on Futures, Options, Swaps, CFD, Structured products.
Managing HNI client portfolios by identifying investment opportunities in the Precious Metals, Energy and Forex market. Executing short and long term trades. Developed trading models/strategies suiting the risk profiles.
Client relationship management - Potential and existing HNI clients
Circulate daily and weekly Fundamental and Technical research reports to among clients. Update company website with market views.
Managed Proprietary Arbitrage between commodities exchanges, futures contracts, spreads. Worked on COMEX, MCX, and DGCX.
Client relationship management -Developed client portfolio
Monitored Trading and Surveillance system on three commodity exchanges in all the branch offices
Monitored Back office accounting of the client base of all the branch offices
Market Analysis, Research Reports and Trading Calls.
Planning/implementation of strategic business development plans across the Branches and Franchisees contributing to overall business development.
Specialization in Finance and Marketing ACADEMIC PROJECTS UNDERTAKEN Risk Analysis for Kerala Ayurveda Pharmacy Ltd. (Finance) - part of the MBA program A Market Analysis of Inverters in Siret Energy Controls Ltd. (Marketing) - part of the MBA programme
Languages – C++, Visual Basic, Java OS – Windows, Linux/Unix Database – Oracle, SQL server, MS Access
Costing