At a Glance
- Tasks: Trade metal options and derivatives while managing financial risk and optimizing positions.
- Company: Join a leading multinational mining group focused on base metals extraction and trading.
- Benefits: Enjoy competitive pay, performance incentives, and exposure to diverse markets.
- Why this job: Be part of a dynamic trading environment with growth potential and global impact.
- Qualifications: 5+ years in metals trading, strong derivatives knowledge, and excellent analytical skills required.
- Other info: Collaborate with teams across the globe in a fast-paced, entrepreneurial setting.
The predicted salary is between 72000 - 108000 £ 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.
Contact Detail:
LinkedIn 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 help you in interviews but also demonstrate your passion and commitment to the role.
✨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 or certifications in these tools can set you apart from other candidates.
✨Tip Number 4
Prepare for potential interviews by practising how to articulate your previous trading experiences and successes. Be ready to discuss specific strategies you've implemented and the outcomes, as this will showcase your expertise and problem-solving skills.
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 track record in metal options trading.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your 5+ years of risk-taking experience and how you can contribute to their trading strategies. Be sure to include your analytical skills and familiarity with trading platforms.
Highlight Relevant Skills: In your application, emphasise your strong knowledge of financial hedging strategies and risk management principles. Include any experience you have with quantitative models and market analysis, as these are key to the role.
Showcase Your Communication Skills: Since excellent communication is crucial for this position, provide examples of how you've effectively collaborated with teams in fast-paced environments. This could be through past projects or experiences where you engaged with brokers and exchanges.
How to prepare for a job interview at LinkedIn
✨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 analysis to inform your trading decisions. Discuss any tools or models you've employed, such as Python or Excel, to optimise trades.
✨Understand Market Trends
Familiarise yourself with current global market trends and macroeconomic indicators related to base metals. Being able to discuss these insights during the interview will show your depth of knowledge and commitment to the role.
✨Communicate Effectively
Excellent communication skills are crucial for this position. Practice articulating your thoughts clearly and concisely, especially when discussing complex trading strategies or risk management principles, to demonstrate your ability to collaborate with various teams.