Associate Director / Director, Commodities Trading in London

Associate Director / Director, Commodities Trading in London

London Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Commonwealth Bank of Australia

At a Glance

  • Tasks: Lead trading activities and develop profitable strategies in commodities markets.
  • Company: Join a leading financial institution with a focus on commodities trading.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity for career growth and to work with cutting-edge technology.
  • Why this job: Make an impact in the commodities sector while collaborating with global teams.
  • Qualifications: 5+ years in commodity trading, strong analytical skills, and a relevant degree.

The predicted salary is between 80000 - 100000 £ per year.

About us

Institutional Banking & Markets (IB&M) provide institutional clients with solutions across the debt to equity capital spectrum, payment systems, risk management and other banking services.

Our industry sector alignment, product capability, industry expertise and specialist skills are key points of differentiation to our global industry peers.

The Commodities and Environmental Markets (CEM) business within IB&M provides expertise in 3 core areas:

  • Risk management – helping customers manage exposure to price changes through derivative products
  • Inventory management and storage solutions – supporting clients with structured financing products (e. g. supply chain financing , repo) to access physical commodities and facilitate their transportation from production to consumption
  • Financing – providing clients with funding in the form of short term and/or self-liquidating debt (e. g. asset based loan, pre-pay, traditional trade finance)

CEM works closely with the Bank’s key industry coverage teams particularly within the Natural Resources & Industrial, Transport & Consumer sectors where clients have significant commodity exposures that need to be managed.

Picture yourself in the team

The CEM business plan focuses on aligning the business to focus on delivering a key product set to the Banks clients where we have a strategic advantage.

These clients may be producers, processors, traders or consumers of commodities, across metals, energy & agricultural products but also Central Banks, Financial Institutions & hedge funds.

Our objective is to be the preferred provider of commodity risk management and financing solutions to our clients.

To achieve this we are focused on hiring the best people in order to bring a comprehensive understanding of commodity industries and markets.

The commodities business within CTC currently employs 30+ people located in Sydney, London, Amsterdam, Singapore & New York as key hubs for the commodities business, including a team of 10 traders located in London & Sydney.

You will be responsible for helping develop the commodities trading platform through continuous improvement of pricing and risk management tools, increasing product capabilities, enhanced client coverage & increasing the overall commodities profile within the Bank.

You will report to the Head of Commodities Trading Europe, also based in London.

Do work that matters

Your main responsibilities will include

  • Lead trading activities within the London-based Commodities Trading team, with a primary focus on base metals and exposure across energy, agriculture, bulks and precious metals.
  • Develop and execute profitable trading strategies by identifying market trends, managing trading books, and operating within the bank's risk framework.
  • Apply strong pricing and risk management expertise to optimise trading performance and support business growth.
  • Contribute to the Commodities business strategy by identifying market opportunities and supporting the delivery of long-term growth objectives.
  • Collaborate with global trading, sales, structuring and quantitative teams to generate market insights, improve pricing models, and enhance risk management capabilities.
  • Build strong partnerships with key internal stakeholders, including Product Control, Market Risk, Operations, Legal, Tax and Credit Risk, to ensure effective governance and execution.
  • Support new product development and drive continuous improvements to trading processes, systems and operational efficiency.
  • Represent the bank within the broader commodities market, building industry relationships and enhancing the firm's profile in the London commodities sector.

We are interested in hearing from you if you have

  • Minimum 5 years’ experience of managing linear & non-linear commodity risk as a Base Metals Trader at a major financial institution or corporate.
  • Strong knowledge of Base Metals markets, including experience of strong eligible counterparties and clients.
  • Experience in Precious Metals, Energy, Agriculture and Carbon markets will be highly regarded.
  • Strong analytical, quantitative & problem solving skills.
  • Experience of working within a global team to a high level of operational control in a regulated environment.
  • Experience with AI and coding language (Python) will be highly regarded too.
  • Bachelor's degree (at a minimum) in Finance, Mathematics, Economics or a related field or its equivalent.
  • Hold relevant regulatory qualifications to work in the UK.

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through

Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.

Advertising End Date: 05/08/2026

Associate Director / Director, Commodities Trading in London employer: Commonwealth Bank of Australia

As a leading player in the commodities trading sector, our company offers an exceptional work environment in London, where innovation and collaboration thrive. We prioritise employee growth through continuous learning opportunities and a strong focus on professional development, ensuring that our team members are equipped to excel in their roles. With a commitment to fostering a diverse and inclusive culture, we empower our employees to make meaningful contributions while enjoying competitive benefits and a dynamic workplace.

Commonwealth Bank of Australia

Contact Details:

Commonwealth Bank of Australia Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Associate Director / Director, Commodities Trading in London

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We think you need these skills to ace Associate Director / Director, Commodities Trading in London

Commodity Risk Management
Trading Strategies Development
Market Trend Analysis
Pricing Expertise
Risk Management Tools
Collaboration with Global Teams
Operational Control in Regulated Environment

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

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How to prepare for a job interview at Commonwealth Bank of Australia

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Commonwealth Bank of Australia.

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