Precious Metals Trader - Associate in City of London
Precious Metals Trader - Associate

Precious Metals Trader - Associate in City of London

City of London Full-Time 50000 - 70000 £ / year (est.) No home office possible
ING Group

At a Glance

  • Tasks: Trade precious metals, analyse market trends, and support senior traders in a dynamic environment.
  • Company: Join ING, a global leader in finance with a focus on innovation and collaboration.
  • Benefits: Competitive salary, diverse culture, and opportunities for professional growth.
  • Why this job: Make an impact in the exciting world of commodity trading while developing your skills.
  • Qualifications: Degree in Finance or related field, plus 1-2 years in precious metals trading.
  • Other info: Embrace a culture of empowerment and diversity at ING.

The predicted salary is between 50000 - 70000 £ per year.

Department Overview

The Commodity Trading desk is providing commodity hedges and risk management solutions. The main clients are corporates with hedging needs in the commodity space. The desk has a global presence with teams in New York, Singapore and London. The desk covers a wide product range, covering Energy, Base and Precious Metals.

Main Duties and Responsibilities

  • Actively follow developments in (paper) precious metals markets.
  • Continuously check and update relevant market parameters.
  • Price indicative and firm quotes for clients on linear and non-linear structures.
  • Actively contribute to IT developments and expansion of product offering on precious metals.
  • Support senior traders in their daily routine.
  • Support portfolio owners manage the risk positions of the desk within the applicable limits and desk risk tolerance.
  • 100% observance of all FCA requirements, industry conduct rules and ING Compliance standards.
  • Produce daily PnL and research reports.

Candidate Profile

Qualification/Education

  • Degree-qualified in Finance, Economics, Mathematics, or a relevant scientific discipline.

Experience/Knowledge

  • Essential: 1-2 years minimum experience in precious metals trading.
  • Excellent Excel and numeracy skills.
  • Programming skills and ability to develop desk tools using VBA and Python is critical.
  • Desirable: Knowledge of regulatory changes and impact on trading activities.

Personal Competencies

  • Strong numeracy and analytical skills.
  • Proactive behaviour and perpetual energy and drive to improve performance.
  • Detail-oriented with the ability to make quick and accurate decisions in a fast-paced environment.
  • Effective team player with good interpersonal and communication skills.
  • Challenger of the status quo, always striving to do things more efficiently and effectively.

ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self‑reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead). For us, success will only be achieved if we act with Integrity. Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.

Precious Metals Trader - Associate in City of London employer: ING Group

ING is an exceptional employer that fosters a collaborative and innovative culture, empowering employees to excel in their roles as Precious Metals Traders. With a strong commitment to diversity and work/life balance, ING provides ample opportunities for professional growth and development within a global network of experts. Located in the vibrant financial hub of London, employees benefit from a dynamic environment that encourages proactive engagement and continuous improvement.
ING Group

Contact Detail:

ING Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Precious Metals Trader - Associate in City of London

✨Tip Number 1

Stay updated on the precious metals market! Follow news, trends, and key players in the industry. This knowledge will not only help you in interviews but also show your genuine interest in the role.

✨Tip Number 2

Network like a pro! Connect with professionals in the trading space through LinkedIn or industry events. Building relationships can lead to insider info about job openings and valuable advice.

✨Tip Number 3

Practice your interview skills! Prepare for common questions related to trading and risk management. Mock interviews with friends or mentors can boost your confidence and help you articulate your thoughts clearly.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team and contributing to our mission in the commodity trading space.

We think you need these skills to ace Precious Metals Trader - Associate in City of London

Precious Metals Trading
Market Analysis
Excel Skills
Numeracy Skills
VBA Programming
Python Programming
Risk Management
FCA Compliance
Analytical Skills
Attention to Detail
Interpersonal Skills
Communication Skills
Proactive Behaviour
Decision-Making Skills
Team Collaboration

Some tips for your application 🫡

Know Your Stuff: Make sure you understand the precious metals market inside out. We want to see your passion for trading and how you keep up with market developments. Show us that you’re not just applying for a job, but that you’re genuinely interested in the field!

Tailor Your CV: Don’t just send a generic CV! Highlight your relevant experience in precious metals trading and any programming skills you have, especially in VBA and Python. We love seeing how your background aligns with what we do at StudySmarter.

Show Your Analytical Skills: We’re looking for strong numeracy and analytical skills, so make sure to showcase these in your application. Whether it’s through examples of past work or specific achievements, let us know how you’ve used these skills effectively.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive, which is exactly what we like to see!

How to prepare for a job interview at ING Group

✨Know Your Markets

Make sure you’re up to speed with the latest developments in the precious metals markets. Brush up on current trends, pricing structures, and any recent regulatory changes that could impact trading activities. This will show your potential employer that you’re proactive and genuinely interested in the field.

✨Show Off Your Skills

Since programming skills in VBA and Python are critical for this role, be prepared to discuss your experience with these tools. Bring examples of how you've used them to develop desk tools or improve processes. If possible, demonstrate your analytical skills through a relevant case study or project.

✨Be a Team Player

Highlight your ability to work collaboratively with senior traders and portfolio owners. Share examples from your past experiences where you’ve supported team members or contributed to group success. This will align with the company’s emphasis on teamwork and collaboration.

✨Embrace the Orange Code

Familiarise yourself with ING’s values and behaviours outlined in the Orange Code. Be ready to discuss how you embody these principles in your work. Showing that you understand and align with their culture can set you apart from other candidates.

Precious Metals Trader - Associate in City of London
ING Group
Location: City of London

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