At a Glance
- Tasks: Monitor commodity markets, execute trades, and manage risk for our trading desk.
- Company: Join ING, a global leader in commodities trading with a collaborative culture.
- Benefits: Competitive salary, flexible work options, and opportunities for professional growth.
- Other info: Embrace diversity and innovation in a supportive work environment.
- Why this job: Be part of a dynamic team shaping the future of energy trading.
- Qualifications: Degree in Engineering, Science, Mathematics, or Statistics; 2 years in energy trading.
The predicted salary is between 36000 - 60000 £ per year.
The Commodities Trading Department is a global team, offering tailored commodity hedging and risk management solutions across the ING client base. Predominantly servicing corporate clients and commodity producers around the world, the team offers round-the-clock coverage, and global execution capabilities, according to the ING orange code.
Core services- Commodity derivative hedging – linear & non-linear products
- Market execution - across global exchanges and OTC markets
- London: Main commodities trading hub, predominantly covering EMEA, with specialized teams per product group.
- New York: Cross commodity, covering the Americas
- Singapore: Cross commodity, covering APAC
- Oil & Products
- Energy
- Base & Precious Metals
- Agricultural Products
- Actively follow developments in (paper) commodity markets;
- Continuously check and update relevant market parameters;
- Provide cross commodity cover to other traders in the desk, namely indicative and firm quotes for clients;
- Execute orders across multiple commodity products;
- Manage risk position of the desk within the applicable limits and desk risk tolerance;
- Help contribute towards desk strategy by identifying market opportunities;
- Ad hoc analysis and contribution towards ongoing projects for the desk;
- Contribute to development of tools & automation to streamline desk processes;
- 100% observance of all FCA requirements, industry conduct rules, ING Compliance standards, exchanges’ rules & regulations.
- Qualification/Education
- Educated to Degree level in either Engineering, Science, Mathematics, Statistics.
- Experience/Knowledge
- Essential:
- A minimum of 2 years experience working in European natural gas and/or power
- Knowledge of European energy fundamentals
- Programming skills (Python, Excel VBA, SQL)
- Working knowledge of Microsoft Excell
- Basic knowledge of option pricing, trading and risk management
- Desirable:
- Experience working in a bank
- Knowledge of regulatory changes and impact on trading activities
- Essential:
- Proactive behaviour and perpetual energy and drive to improve performance
- 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.
#J-18808-LjbffrEnergy Trader, Natural Gas & Power in London employer: ING
ING is an exceptional employer for those seeking a dynamic role in energy trading, particularly in the vibrant London market. With a strong emphasis on employee growth, ING fosters a collaborative and innovative culture that empowers individuals to excel while maintaining a healthy work/life balance. The company not only champions diversity but also provides opportunities for professional development, making it an ideal place for motivated professionals to thrive in the fast-paced commodities sector.
StudySmarter Expert Advice🤫
We think this is how you could land Energy Trader, Natural Gas & Power in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like ING. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Energy Trader, Natural Gas & Power in London
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.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to ING.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on ING's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at ING
✨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 ING.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at ING will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former ING employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
