Head of Iron Ore Derivative Trading

Location Singapore
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 3302
Published: about 8 hours ago

We are seeking a senior, commercially-driven professional to lead our client's Iron Ore Derivatives Trading activity. This role sits at the intersection of our physical and paper businesses and is ideal for someone with deep market knowledge, strong risk instincts, and a proven track record in proprietary and hedging strategies within the iron ore and steel complex. The successful candidate will own the global derivatives book and work closely with physical traders to manage risk, generate alpha, and expand our presence in the paper markets.


Key Responsibilities

  • Lead and grow the iron ore derivatives trading business across exchanges (SGX, DCE, CME) and OTC markets

  • Run a proprietary trading book focused on relative value, directional, and arbitrage strategies within the iron ore complex

  • Support the hedging requirements of the physical iron ore and steel trading desks, developing risk solutions tailored to cargo flows and client exposure

  • Identify and monetize mispricings and dislocations across contracts, curves, and regional bases

  • Build and maintain strong relationships with brokers, exchanges, liquidity providers, and counterparties

  • Work closely with research and analytics teams to enhance fundamental and technical models (e.g., China port inventories, mill margins, freight)

  • Contribute to broader ferrous complex strategy across steel, freight, and coking coal

  • Set and monitor risk parameters and performance KPIs for the desk, ensuring robust compliance with internal policies