Commercial Manager

Main Responsibilities
P&L Reporting & Monitoring
Help to prepare the P&L files and assist in the reporting, prepare performance analysis and provide overall profitability vision
Generate and analyze daily/weekly Pnl and Exposure
Assist in PnL Reviews with trading teams
Liaise on a daily basis with Trading, Hedge desk, WSMD, Execution, Risk

Management and General Accounting Departments, Finance
Run daily controls and processes to ensure data quality in the front systems.
Contract confirmation: understand business flow, review contractual terms & check fields populated in the front system
Finalization of shipments (trade to cash)
Coordinate database freezes in front systems
Mark-To-Market & Benchmark updates in front systems (simulate the impacts, control the relevance of the values with supporting docs)
Assist in the review of Volumes
Handles the calculation and recon of month end Invenotry
Assist in the preparation of the statutory PnL (transfer of hedges between Metal’s entities, IC pnl...)
Adhoc - PnL Analysis (Improving the PnL reporting & create financial information for

Trading & Finance), and others. Position management
Managing and updating physical position by month/cp/type of cargo
Maintain integrity of the physical position by regular liaising with trading teams across offices
Propose allocations based on best terms/P&L to the desk head
Reporting weekly open TC position to risk team for VAR purposes.
Hedge Desk
Ensure that pricing orders from clients/traders are properly executed, confirmed, and booked in the system.
Maintain pricings in the system for physical contracts and allocate the corresponding hedges
Gather daily pricing orders and send the final one to IB desk
Prepare the order for AVG trades at the beginning of the month
Follow-up FX exposure related to physical contracts (prices, premiums) and ensure its properly hedged
Assist the finalization team with the confirmation of final pricings
Follow and propose Hedging strategies
Contribute to process improvements, implement reconciliations, and provide regular feedback to current practices and how to adapt to evolving business.

Education, Skills and Experience
Bachelor’s degree in Mathematics and Statistics
Minimum 10 years’ experience in a trading company
Minimum 1 year of experience in concentrate trading
Previous experience as Head of Middle Office
Strong experience in monitoring all type of risk in a Trading company
Strong verbal and written communication skills in English
Strong commercial and strategic mindset
Ability to be flexible and work to deadlines and under pressure
Ability to influence
Strong ability to build and maintain effective business relationships
A past experience as a Trader will be a plus