Diamond Buyer Job Description [Updated for 2025]

In the glittering world of gemology, the role of diamond buyers has never been more coveted.

As the market for precious gems continues to evolve, the demand for discerning experts who can source, evaluate, and secure our diamond treasures grows more urgent.

But let’s clarify the specifics: What’s truly expected from a diamond buyer?

Whether you are:

• A job seeker trying to understand the intricacies of this role,
• A hiring manager outlining the perfect candidate,
• Or simply fascinated by the behind-the-scenes of diamond trading,

You’re in the right place.

Today, we present a customizable diamond buyer job description template, designed for effortless posting on job boards or career sites.

Let’s delve into the details.

Diamond Buyer Duties and Responsibilities

Diamond Buyers are responsible for purchasing high-quality diamonds for their organization, often for resale to customers.

They are also involved in evaluating, grading and negotiating the price of diamonds.

They require expert knowledge of diamond market trends and grading systems.

They have the following duties and responsibilities:

• Evaluate and select diamonds for purchase based on quality, value, and market trends
• Negotiate with sellers for the best price and terms of purchase
• Ensure that all purchased diamonds meet the company’s quality standards and specifications
• Keep up to date with the global diamond market, including changes in prices and trends
• Travel to diamond mines, brokers, and dealers to inspect diamonds and negotiate purchases
• Develop and maintain relationships with diamond suppliers and vendors
• Collaborate with the sales and marketing teams to determine customer needs and preferences
• Provide expertise and advice to customers and colleagues regarding diamond quality, value, and selection
• Ensure compliance with all relevant laws and regulations, including those related to the import and export of diamonds
• Manage inventory of purchased diamonds and maintain accurate records of all transactions

 

Diamond Buyer Job Description Template

Job Brief

We are looking for a knowledgeable and experienced Diamond Buyer to join our team.

The Diamond Buyer’s responsibilities include evaluating and purchasing quality diamonds from manufacturers and private sellers, maintaining relationships with diamond suppliers, and staying up-to-date with market trends and international pricing.

Our ideal candidate has a keen eye for diamond quality and a deep understanding of market fluctuations and pricing.

The aim is to buy high-quality diamonds that meet our company’s standards and price range.

 

Responsibilities

• Evaluate, negotiate, and purchase quality diamonds from manufacturers and private sellers.
• Maintain strong relationships with diamond suppliers.
• Stay updated with global market trends, pricing, and new diamond discoveries.
• Ensure diamonds meet the company’s quality and ethical standards.
• Travel, as needed, to diamond mines, suppliers, or industry events.
• Collaborate with sales and design teams to match inventory with customer needs.
• Develop strategies to maximize return on diamond purchases.
• Manage inventory and keep accurate purchase records.

 

Qualifications

• Proven work experience as a Diamond Buyer or similar role in the Jewelry industry.
• Extensive knowledge of different types of diamonds and their value.
• Strong negotiation and relationship management skills.
• Ability to travel domestically and internationally.
• Excellent communication and interpersonal skills.
• High level of accuracy and attention to detail.
• Familiarity with industry standards and compliance requirements.
• Graduate Gemologist (GG) degree from the Gemological Institute of America (GIA) or similar.

 

Benefits

• 401(k)
• Health insurance
• Dental insurance
• Retirement plan
• Paid time off
• Travel opportunities

 

Additional Information

• Job Title: Diamond Buyer
• Work Environment: Office setting with significant travel required. Attendance at industry events may be necessary.
• Reporting Structure: Reports to the Purchasing Manager or Director of Purchasing.
• Salary: Salary is based upon candidate experience and qualifications, as well as market and business considerations.
• Pay Range: $75,000 minimum to $120,000 maximum
• Location: [City, State] (specify the location or indicate if remote)
• Employment Type: Full-time
• Equal Opportunity Statement: We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
• Application Instructions: Please submit your resume and a cover letter outlining your qualifications and experience to [email address or application portal].

 

What Does a Diamond Buyer Do?

Diamond Buyers work for jewelry retailers, auction houses, or as independent professionals, purchasing diamonds for resale or production purposes.

They source and evaluate diamonds based on various criteria such as carat, cut, color, and clarity.

They also consider factors like current market trends, potential resale value, and customer preferences.

Diamond Buyers are skilled in negotiating prices with suppliers, striving to secure diamonds at the most cost-effective price without compromising quality.

They also collaborate with gemologists to ensure that the diamonds being bought are authentic and of high quality.

This involves analyzing certificates of authenticity, conducting physical inspections, and sometimes even using specialized equipment to determine the quality and value of the diamonds.

In addition, Diamond Buyers must keep abreast of the latest fashion trends and consumer demands.

They also need to be aware of ethical sourcing practices in the diamond industry and ensure that their purchases comply with these standards.

In some cases, Diamond Buyers may also be involved in selling the diamonds, working closely with sales teams to market the diamonds effectively.

 

Diamond Buyer Qualifications and Skills

A proficient diamond buyer should possess a combination of technical skills, soft skills and industry knowledge to successfully fulfill the role, including:

• Excellent knowledge of the diamond industry and market trends to make informed purchase decisions.
• Strong negotiation skills to get the best possible price from suppliers.
• Excellent communication and interpersonal skills to foster strong relationships with suppliers and other industry players.
• Ability to critically analyze diamonds’ quality, value and authenticity using tools and techniques like magnifying loupes, microscopes, and spectroscopes.
• Understanding of diamond grading systems such as the Gemological Institute of America (GIA) or the American Gem Society (AGS) standards.
• Knowledge of gemology, including the ability to identify and evaluate gemstone characteristics and quality.
• Good decision-making skills to determine which diamonds to buy based on market demand, trends, and budget.
• Exceptional attention to detail to detect flaws, imperfections or treatments in diamonds.
• Understanding of legal and ethical considerations related to buying and selling diamonds.

 

Diamond Buyer Experience Requirements

Diamond Buyers often begin their journey with a bachelor’s degree in geology, gemology, or a related field.

However, having a degree is not always a prerequisite, as substantial on-the-job training and experience can also qualify a person for this role.

For entry-level positions, candidates may be expected to have 1-2 years of experience, often obtained through internships or part-time roles in jewelry stores or diamond trading companies.

This equips them with practical knowledge about diamonds’ characteristics, grading, and pricing.

Candidates with more than 3 years of experience usually have a strong background in negotiating and understanding market trends, and may have developed a keen eye for high-quality diamonds.

These professionals usually have built a network of contacts in the industry, which assists them in sourcing and buying diamonds at competitive rates.

Those with more than 5 years of experience may have leadership experience, being involved in training new buyers, setting buying policies, or managing a team.

They are expected to have an in-depth knowledge about global diamond market trends, and may also have experience working with international suppliers.

In all, experience in customer service, negotiation, and detailed knowledge about diamonds are the most sought after experience requirements for a Diamond Buyer.

Some employers may also require diamond buyers to have professional certification from a recognized body such as the Gemological Institute of America (GIA).

 

Diamond Buyer Education and Training Requirements

Diamond Buyers typically have a bachelor’s degree in gemology, geology, or a related field.

This education offers knowledge about different gems, their characteristics, and the factors that affect their quality and value.

In addition, a Diamond Buyer should have a certificate from the Gemological Institute of America (GIA) or a similar certification body.

This certification program offers hands-on experience and trains individuals to evaluate diamonds based on the 4Cs – Cut, Clarity, Color, and Carat weight.

Some positions may require Diamond Buyers with a Master’s degree or additional certifications in business or finance to understand the market trends and price fluctuations.

Furthermore, they need to have a keen eye for detail, excellent negotiation skills, and a deep understanding of the global diamond market.

Although not mandatory, many Diamond Buyers pursue advanced courses in grading, identifying, and evaluating colored gemstones and pearls to widen their knowledge and expertise.

Continual education and staying updated with the latest trends and changes in the diamond industry is crucial to succeed in this field.

 

Diamond Buyer Salary Expectations

A Diamond Buyer earns an average salary of $81,183 (USD) per year.

This figure may vary based on factors such as years of experience, certification, skills, and the geographic location of the job.

The employing company’s size and industry may also impact the salary.

 

Diamond Buyer Job Description FAQs

What skills does a diamond buyer need?

Diamond buyers should have an excellent knowledge of the four Cs of diamonds: cut, color, clarity, and carat weight.

They should possess strong negotiation and communication skills to negotiate the best prices with sellers.

Their keen attention to detail helps them to distinguish between different quality of diamonds.

They should also have a solid understanding of business and economics to make profitable buying decisions.

 

Do diamond buyers need a degree?

While a degree is not always required for diamond buyers, some employers may prefer candidates with a degree in gemology, business, or economics.

Additionally, certification from a recognized gemological institute could be beneficial.

However, a strong knowledge of diamonds, market trends, and hands-on experience in the industry are often more important.

 

What should you look for in a diamond buyer resume?

A diamond buyer’s resume should demonstrate a deep understanding of diamonds and the diamond market.

Look for experience in buying, appraising, or selling diamonds.

Knowledge of current market trends and prices is also crucial.

Certifications from recognized gemological institutes can be an additional advantage.

It is also important to consider the candidate’s negotiation and communication skills, as well as their ability to build relationships with sellers.

 

What qualities make a good diamond buyer?

A good diamond buyer should be detail-oriented, with a keen eye for assessing diamond quality.

They should have strong negotiation skills and the ability to make quick, informed decisions.

Having a passion for diamonds and jewelry can also be a great advantage, as this can drive them to continuously learn and stay updated with the latest trends in the market.

They should also be trustworthy, as they handle high-value transactions.

 

Is it difficult to hire diamond buyers?

Hiring diamond buyers can be challenging due to the specialized knowledge and skills required for the role.

It can be difficult to find candidates who have the necessary understanding of diamonds, gemology, and the diamond market.

Offering competitive salaries, opportunities for growth, and a supportive work environment can attract potential candidates.

 

Conclusion

And there you have it.

Today, we’ve delved into the glittering world of a diamond buyer.

Surprised?

It’s not just about buying and selling.

It’s about unearthing the potential in each precious gem, one diamond at a time.

With our comprehensive diamond buyer job description template and real-world examples, you’re all set to take the leap.

But why stop there?

Dig deeper with our job description generator. It’s your ultimate tool for creating precise job listings or refining your resume to brilliance.

Remember:

Every diamond is a piece of a grand mosaic.

Let’s create that masterpiece. Together.

How to Become a Diamond Buyer (Complete Guide)

Low Pay, High Stress: Uncovering the Least Rewarding Jobs in the Current Economy

Job Market Movers: The Most Trending Careers of Today

Unbelievable But True: Easy Jobs That Will Fill Your Wallet Without Draining Your Energy

Maximize Your Income: The Hidden Gems of High-Paying Jobs in 2025!