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For Companies At a Glance
- Tasks: Trade ferro alloys, build relationships, analyse market trends, and manage inventory.
- Company: Join Derek Raphael and Company, a key player in the global steel industry.
- Benefits: Enjoy a hybrid work model with flexibility to work from home.
- Why this job: Be part of a dynamic team impacting the steel industry while developing your trading skills.
- Qualifications: Experience in commodity trading and strong analytical, negotiation, and communication skills required.
- Other info: Opportunity to grow in a fast-paced environment with a focus on teamwork.
The predicted salary is between 36000 - 60000 £ per year.
Company Description
Derek Raphael and Company (DRC), a supplier of Ferro Alloys, Metals, Ores and Concentrates into the world’s steel industries. Its core business consists of the processing of Molybdenum concentrates and Molybdic Oxide into Molybdic oxide or Ferro Molybdenum.
Role Description
This is a full-time hybrid role for a Ferro Alloy Trader at Derek Raphael and Co Ltd. The role is located in Cirencester with some work from home flexibility. The Ferro Alloy Trader will be responsible for trading ferro alloys on the market, building relationships with suppliers and buyers, analysing market trends, and managing inventory.
Qualifications
- Experience in trading physical commodities
- Knowledge of market trends and pricing
- Strong negotiation and communication skills
- Analytical and problem-solving skills
- Ability to work independently and in a team
- Knowledge of the fundamentals around physical commodities trading
Commodity Trader employer: Derek Raphael and Co Ltd
Contact Detail:
Derek Raphael and Co Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodity Trader
✨Tip Number 1
Familiarise yourself with the specific commodities DRC deals with, particularly Ferro Alloys. Understanding the nuances of these materials will help you engage in more meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the commodity trading sector. Attend industry events or join relevant online forums to connect with traders and gain insights into market trends that could set you apart from other candidates.
✨Tip Number 3
Brush up on your negotiation skills. Since this role requires strong negotiation abilities, consider role-playing scenarios with friends or colleagues to build confidence and refine your approach.
✨Tip Number 4
Stay updated on global market trends and news related to steel industries and commodity trading. Being well-informed will not only help you in interviews but also demonstrate your genuine interest in the field.
We think you need these skills to ace Commodity Trader
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Ferro Alloy Trader. Familiarise yourself with the specifics of trading ferro alloys and the skills required, such as negotiation and market analysis.
Tailor Your CV: Highlight your relevant experience in trading physical commodities. Make sure to include specific examples of your analytical skills, problem-solving abilities, and any previous roles that demonstrate your knowledge of market trends and pricing.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the industry and your understanding of Derek Raphael and Company’s business. Mention how your skills align with their needs and express your enthusiasm for the role.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at Derek Raphael and Co Ltd
✨Know Your Commodities
Make sure you have a solid understanding of the ferro alloys market. Familiarise yourself with current trends, pricing, and key players in the industry. This knowledge will help you demonstrate your expertise and passion for the role.
✨Showcase Your Negotiation Skills
Prepare examples from your past experiences where you've successfully negotiated deals or resolved conflicts. Highlighting your negotiation skills will be crucial, as this role requires strong communication and relationship-building abilities.
✨Demonstrate Analytical Thinking
Be ready to discuss how you analyse market data and make informed decisions. You might be asked to solve a hypothetical problem during the interview, so practice articulating your thought process clearly and logically.
✨Emphasise Teamwork and Independence
This role requires both independent work and collaboration. Prepare to share examples of how you've successfully worked in teams as well as instances where you've taken initiative on your own. This balance is key to thriving in the position.
