At a Glance
- Tasks: Analyse precious metals markets and support trading activities with innovative tools.
- Company: Join a global leader in commodity trading with a collaborative culture.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Why this job: Make an impact in the fast-paced world of precious metals trading.
- Qualifications: Degree in Finance or related field; 1-2 years trading experience required.
- Other info: Embrace a culture of innovation and diversity while advancing your career.
The predicted salary is between 36000 - 60000 Β£ per year.
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 of Role
- 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.
In order to operate ING's recruitment process, we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information.
Precious Metals Trader (Analyst, Associate or VP) in London employer: ING Group
Contact Detail:
ING Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Precious Metals Trader (Analyst, Associate or VP) in London
β¨Tip Number 1
Stay updated on the precious metals market! Follow news, trends, and any regulatory changes that could impact trading. This knowledge will not only help you in interviews but also show your genuine interest in the role.
β¨Tip Number 2
Network like a pro! Connect with professionals in the industry through LinkedIn or local meetups. Engaging with others can lead to insider tips and even job referrals, so donβt be shy!
β¨Tip Number 3
Practice your analytical skills! Brush up on your Excel and programming abilities, especially VBA and Python. You might get asked to demonstrate these skills during interviews, so being prepared is key.
β¨Tip Number 4
Apply through our website! Itβs the best way to ensure your application gets noticed. Plus, it shows youβre serious about joining our team and contributing to our mission of empowering people.
We think you need these skills to ace Precious Metals Trader (Analyst, Associate or VP) in London
Some tips for your application π«‘
Show Your Passion for Precious Metals: When writing your application, let your enthusiasm for precious metals trading shine through. Mention any relevant experiences or projects that demonstrate your interest and knowledge in the field. We love seeing candidates who are genuinely excited about what they do!
Highlight Your Analytical Skills: Since this role requires strong numeracy and analytical skills, make sure to showcase these in your application. Use specific examples from your past experiences where you successfully analysed data or made quick decisions. We want to see how you can contribute to our team!
Tailor Your Application: Donβt just send a generic application! Tailor your CV and cover letter to reflect the specific requirements of the Precious Metals Trader role. Mention your experience with Excel, VBA, and Python, as well as your understanding of market dynamics. We appreciate when candidates take the time to connect their skills to our needs.
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets into the right hands. Plus, it shows us that youβre serious about joining our team at StudySmarter. Letβs make it happen together!
How to prepare for a job interview at ING Group
β¨Know Your Precious Metals
Make sure youβre up to speed with the latest trends and developments in the precious metals market. Brush up on key market parameters and be ready to discuss how they impact trading decisions. This shows your passion and commitment to the role.
β¨Excel Skills Are Key
Since excellent Excel skills are essential for this position, practice using advanced functions and data analysis tools. Be prepared to demonstrate your proficiency during the interview, as it could come up in practical scenarios or questions.
β¨Show Off Your Programming Prowess
If you have programming skills in VBA or Python, donβt hold back! Be ready to discuss any tools or scripts you've developed that could enhance trading efficiency. This will highlight your proactive approach and technical capabilities.
β¨Emphasise Teamwork and Communication
As an effective team player, share examples of how youβve collaborated with others in past roles. Highlight your interpersonal skills and how youβve contributed to a positive team environment, which is crucial in a fast-paced trading desk.