Role Description
Greenland Investment Management is seeking an experienced Physical Precious Arbitrage Trader to identify, execute, and manage profitable arbitrage opportunities across global precious metals markets. The role requires deep expertise in physical gold and silver trading, cross-border market dynamics, pricing inefficiencies, logistics, financing structures, and risk management.
The successful candidate will be responsible for generating consistent P&L through physical precious metals arbitrage strategies involving:
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Geographical price differentials
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Import/export opportunities
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Refinery relationships
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Vaulting networks
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Exchange-deliverable products
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Physical-to-paper market dislocations
This is a front-office revenue-generating role with direct responsibility for originating, evaluating, and executing arbitrage trades across global precious metals markets.
Qualifications
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Minimum 3 years of experience in physical gold trading
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Minimum 3 years of experience in physical silver trading
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Minimum 3 years of experience in precious metals arbitrage
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Minimum 3 years of experience in bullion trading
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Minimum 3 years of experience in commodities trading
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Demonstrated track record of generating profitable arbitrage P&L
Requirements
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Strong understanding of physical precious metals markets
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Global bullion supply chains
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Precious metals financing and inventory management
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Import/export procedures
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International logistics and shipping
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Futures and OTC hedging instruments
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Market structure across major precious metals hubs
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Experience trading or analyzing major markets such as London Bullion Market, Shanghai Gold Exchange, and COMEX
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Advanced spreadsheet and financial modeling skills
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Ability to calculate arbitrage profitability incorporating premiums/discounts, FX exposure, duties and taxes, financing costs, freight, and insurance
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Excellent verbal and written communication skills
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Ability to negotiate with international counterparties
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Strong stakeholder management capabilities
Benefits
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Competitive salary
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Performance-based bonuses
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Comprehensive health benefits
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Flexible working arrangements
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Professional development opportunities
Key Responsibilities
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Identify and execute physical gold and silver arbitrage opportunities across international markets
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Monitor regional premiums and discounts across major trading hubs, including Dubai, Mumbai, Singapore, Hong Kong, Zurich, London, and Shanghai
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Develop and maintain arbitrage models covering geographic spreads, import/export economics, refining margins, freight and logistics costs, financing and inventory carry costs, and tax and duty structures
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Execute spot, forward, and structured physical gold and silver transactions
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Build and maintain relationships with refineries, bullion banks, dealers, vault operators, logistics providers, and institutional counterparties
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Source and place physical inventory efficiently across multiple jurisdictions
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Track global precious metals supply and demand flows
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Analyze central bank activity, refinery output, import/export data, regional premiums, inventory levels, and exchange warehouse stocks
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Manage price, currency, liquidity, settlement, logistics, and counterparty risks
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Utilize futures and OTC derivatives for hedging physical exposure
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Coordinate closely with operations, compliance, finance, and logistics teams
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Generate sustainable risk-adjusted returns through arbitrage activities