Senior Trader - Precious Metals

Role overview

Senior Trader - Precious Metals at StoneX India

The role serves as a strategic link between the StoneX teams across the globe, ensuring accurate, compliant, and efficient bullion transactions while maintaining high standards of service excellence and operational governance.

Responsibilities

• Coordinate with the Treasury Department for bullion pricing, trade execution, and daily rate dissemination to relevant internal teams.
• Work closely with Relationship Managers to support client acquisition, portfolio management, and cross-selling of bullion-linked solutions.
• Maintain accurate and updated client documentation as per KYC and AML guidelines.
• Monitor trade-related risks and ensure timely reporting and approvals for high-value transactions.
• Support internal and external audit processes by maintaining appropriate records, MIS reports, and transaction trail documents.
• Implement process checks to minimize operational and compliance risks within the bullion desk.
• Prepare daily and periodic MIS reports, P&L statements, and bullion position summaries for senior management review.
• Provide market insights and analytical reports to support Treasury and Product teams in decision-making and product innovation.

Employment details

• Location: Mumbai [India]

Additional role details

• The KRA to manage the dealing and trading in market including gold sales, client coordination, pricing validation, regulatory compliance, and transaction execution.
• Bullion Sales & Operations Manage the complete lifecycle of bullion desk operations including sales execution, order booking, transaction validation, and documentation.
• Execute client orders for physical bullion transactions ensuring accuracy, prompt turnaround, and adherence to pricing and settlement guidelines.
• Oversee transaction booking, accounting entries, reconciliation, and margin calculations related to bullion trades.
• Client Management & Relationship Support Act as the primary contact point for corporate and institutional bullion clients, ensuring seamless communication and service delivery.
• Handle client queries related to bullion pricing, order execution, delivery status, and compliance documentation.
• Compliance & Risk Management Ensure all bullion transactions are executed in full compliance with RBI, FEMA, and internal policy requirements.
• Coordination with Internal Departments Liaise with various teams for seamless trade settlement and accounting closure.
• Partner with Technology and Process Improvement teams to enhance automation in bullion transaction workflows.
• Collaborate with the Risk and Compliance teams to update and refine standard operating procedures (SOPs).
• Market Intelligence & Reporting Track bullion market trends, pricing movements, and macroeconomic developments affecting gold trade.
• Skills & Competencies Strong knowledge of bullion markets, treasury operations, and precious metal trading.
• Excellent understanding of RBI guidelines, FEMA regulations, and KYC/AML norms related to bullion.
• Proficiency in financial systems (Synergy, RTGS/NEFT modules, MIS tools).
• Analytical thinking with attention to detail and accuracy.
• Strong client management, communication, and problem-solving abilities.
• Ability to work under pressure and meet time-sensitive trade deadlines.
• Educational & Professional Qualifications Master’s Degree in Commerce / Finance / Banking or equivalent. 10-14 years of relevant experience in bullion trading, treasury coordination, or transaction banking operations in a leading financial institution.
• Behavioral Attributes Integrity and regulatory sensitivity Client-centric mindset Operational excellence and accountability Collaborative work style Adaptability to dynamic market conditions Why Join Us Be part of a high-growth startup shaping the future of bullion and digital asset investing.
• Exposure to end-to-end business operations and cutting-edge fintech systems.
• Opportunity to take ownership and influence operational strategy from an early stage.
• Collaborative, merit-based culture that values innovation and accountability.