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For Companies At a Glance
- Tasks: Trade metal options and derivatives to optimise returns and manage risk.
- Company: Join a leading multinational mining group focused on base metals trading.
- Benefits: Enjoy competitive pay, performance incentives, and a dynamic work environment.
- Why this job: Be part of a global leader with growth potential in a fast-paced trading culture.
- Qualifications: 5+ years in metals trading with expertise in derivatives and options required.
- Other info: Work collaboratively with teams to align financial strategies with business goals.
The predicted salary is between 48000 - 84000 £ per year.
We are a leading multinational mining group engaged in the extraction, production, and trading of base metals. Our business spans across physical and financial markets, and we are now looking for a skilled Metals Trader to enhance our trading strategies by managing financial risk around our physical cathode and concentrates.
Role Overview:
We are seeking an experienced Metals Trader with a strong background in derivatives and options trading. The ideal candidate will have a minimum of five years of risk-taking experience and a proven track record in metal options trading. You will be responsible for trading financial instruments to optimize our physical positions, mitigate risk, and capitalize on market opportunities.
Key Responsibilities:
- Trade metal options and derivatives to hedge and enhance returns on our physical cathode and concentrates positions.
- Develop and execute proprietary trading strategies in base metals, leveraging market insights and quantitative models.
- Actively manage risk exposure, ensuring compliance with internal risk limits and regulatory requirements.
- Collaborate with physical trading, risk management, and operations teams to align financial trading strategies with business objectives.
- Analyze global market trends, supply-demand fundamentals, and macroeconomic indicators to make informed trading decisions.
- Optimize structured trades, including spreads, volatility, and cross-commodity strategies.
- Engage with counterparties, brokers, and exchanges to enhance market access and execution efficiency.
Key Requirements:
- 5+ years of risk-taking experience in metals trading, with a strong focus on derivatives and options.
- A proven track record in metal options trading is essential.
- Strong knowledge of financial hedging strategies, volatility trading, and market-making.
- Experience trading around physical metal flows, preferably in cathodes and concentrates.
- Solid understanding of risk management principles, P&L drivers, and position limits.
- Strong quantitative, analytical, and problem-solving skills.
- Proficiency in trading platforms and analytical tools (e.g., Bloomberg, Reuters, Python, Excel).
- Excellent communication skills and the ability to work in a fast-paced, global environment.
What We Offer:
- A competitive compensation package with performance-based incentives.
- The opportunity to work with a global leader in mining and metals trading.
- Exposure to diverse markets and complex financial instruments.
- A dynamic and entrepreneurial trading environment with growth potential.
Senior Metals Trader employer: Marlin Selection Recruitment
Contact Detail:
Marlin Selection Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Metals Trader
✨Tip Number 1
Network with professionals in the metals trading industry. Attend relevant conferences, webinars, and events to meet potential colleagues and learn about the latest trends. Building relationships can often lead to job opportunities that aren't advertised.
✨Tip Number 2
Stay updated on global market trends and macroeconomic indicators that affect metal prices. This knowledge will not only enhance your trading strategies but also demonstrate your expertise during interviews and discussions with our team.
✨Tip Number 3
Familiarise yourself with the trading platforms and analytical tools mentioned in the job description, such as Bloomberg and Python. Having hands-on experience with these tools can set you apart from other candidates and show your commitment to the role.
✨Tip Number 4
Prepare to discuss your previous trading experiences in detail, especially your risk management strategies and how you've optimised trades in the past. Being able to articulate your thought process and decision-making will be crucial in showcasing your fit for the position.
We think you need these skills to ace Senior Metals Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in metals trading, particularly your background in derivatives and options. Use specific examples to demonstrate your risk-taking experience and any successful trading strategies you've implemented.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the metals trading industry. Discuss your understanding of market trends and how your skills align with the company's objectives. Be sure to mention your experience with financial hedging strategies and risk management.
Highlight Quantitative Skills: Given the analytical nature of the role, emphasise your quantitative and analytical skills in your application. Mention any relevant tools or platforms you are proficient in, such as Bloomberg, Reuters, Python, or Excel, and how you've used them in past roles.
Showcase Communication Abilities: Since the role requires collaboration with various teams, highlight your communication skills. Provide examples of how you've effectively worked in fast-paced environments and engaged with counterparties or brokers to enhance trading outcomes.
How to prepare for a job interview at Marlin Selection Recruitment
✨Showcase Your Trading Experience
Be prepared to discuss your previous trading experiences in detail, especially focusing on derivatives and options. Highlight specific examples where you successfully managed risk and capitalised on market opportunities.
✨Demonstrate Analytical Skills
Since the role requires strong quantitative and analytical skills, be ready to explain how you've used data and market insights to inform your trading strategies. Consider discussing any tools or models you've developed or utilised.
✨Understand the Market Landscape
Research current trends in the metals market, including supply-demand fundamentals and macroeconomic indicators. Being able to discuss these topics will show your commitment and understanding of the industry.
✨Communicate Effectively
Excellent communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex trading strategies or risk management principles.
