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For Companies At a Glance
- Tasks: Lead physical base metals trading, executing deals and managing risk in a dynamic market.
- Company: Join a reputable trading firm in London with a strong focus on integrity and reliability.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Other info: Opportunity to mentor junior traders and collaborate across various teams.
- Why this job: Make a significant impact in the metals market while developing your trading expertise.
- Qualifications: 8-12 years of experience in physical base metals trading with a proven track record.
The predicted salary is between 80000 - 120000 £ per year.
The Senior Base Metals Trader will assume full commercial responsibility for a designated book within the base metals physical trading business. Operating from the London office, the individual will be expected to originate, structure, and execute physical transactions and concentrates deals across key markets, managing risk and generating returns in line with agreed mandates.
Responsibilities
- Trading and Commercial Execution
- Originate, negotiate, and execute physical base metals transactions and concentrates offtake agreements across producer and consumer markets, with full accountability for book performance.
- Develop and maintain a rigorous understanding of supply and demand fundamentals, price formation, and market structure across the relevant metals complex.
- Identify and capitalise on commercial opportunities across the physical supply chain, including procurement, tolling, and term contract arrangements.
- Structure transactions to optimise margin, logistics, and risk-adjusted returns within the parameters of the agreed trading mandate.
- Risk Management
- Manage price risk exposure through appropriate hedging instruments, working in close coordination with the risk and treasury functions.
- Monitor and manage counterparty credit risk, ensuring all transactions are executed within approved limits and in compliance with internal risk frameworks.
- Maintain disciplined position management and provide timely, accurate reporting of book exposures to senior management.
- Relationship Development
- Cultivate and expand a network of relationships with miners, smelters, refiners, consumers, and intermediaries across key producing and consuming regions.
- Serve as a senior commercial representative of the organisation in negotiations with counterparties, maintaining the firm's reputation for integrity and reliability.
- Identify and develop new trade flows, origin relationships, and market access opportunities in support of the broader strategic objectives of the desk.
- Market Intelligence and Strategy
- Contribute informed, well-reasoned views on market developments, price outlook, and supply chain dynamics to the wider trading team and senior leadership.
- Monitor geopolitical, regulatory, and macroeconomic developments with the potential to affect physical flows, pricing, or counterparty risk.
- Support the origination of new business lines, structured deals, or geographic expansions where commercial merit has been established.
- Internal Collaboration
- Work closely with operations, logistics, legal, and finance teams to ensure the efficient and compliant execution of all transactions from origination through to settlement.
- Contribute to the development of junior traders and analysts on the desk, sharing market knowledge and commercial judgement as appropriate.
Candidate Profile
The organisation is seeking an individual with a minimum of eight to 12 years of experience in physical base metals trading, with a demonstrable track record of generating commercial returns from a physical and concentrates book. Candidates with experience across copper, aluminium, zinc, lead, or nickel will be considered, with direct concentrates trading experience regarded as a material advantage.
Senior Base Metals Trader London in City of London employer: Kepler Search
Contact Detail:
Kepler Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Base Metals Trader London in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks, whether it's at events or online. Building relationships can open doors to opportunities that aren't even advertised.
✨Tip Number 2
Show off your expertise! When you get the chance to chat with potential employers, share your insights on market trends and trading strategies. This will demonstrate your knowledge and passion for base metals trading.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out to companies directly, especially through our website, and express your interest in working with them. Sometimes, the best roles are created when you show initiative.
✨Tip Number 4
Prepare for interviews by brushing up on your risk management skills and transaction structuring. Be ready to discuss how you've successfully navigated challenges in past roles. Confidence and preparation can really set you apart!
We think you need these skills to ace Senior Base Metals Trader London in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in physical base metals trading. We want to see how your skills align with the responsibilities mentioned in the job description, so don’t hold back on showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the Senior Base Metals Trader role. Share specific examples of how you've originated and executed transactions, and how you’ve managed risk in previous roles.
Showcase Your Market Knowledge: We’re looking for someone who understands the ins and outs of the base metals market. In your application, mention any relevant market intelligence or insights you have, especially regarding supply and demand fundamentals and price formation.
Apply Through Our Website: Don’t forget to apply 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 keen on joining our team at StudySmarter!
How to prepare for a job interview at Kepler Search
✨Know Your Metals
Make sure you brush up on your knowledge of base metals, especially copper, aluminium, zinc, lead, and nickel. Understand the supply and demand fundamentals, price formation, and market structures. This will not only help you answer questions confidently but also show your passion for the industry.
✨Showcase Your Trading Experience
Be ready to discuss your previous trading experiences in detail. Highlight specific transactions you've originated, negotiated, and executed. Use examples that demonstrate your ability to manage risk and generate returns, as this is crucial for the role.
✨Build Relationships
Since relationship development is key in this role, think of examples where you've successfully cultivated networks with miners, smelters, or consumers. Be prepared to discuss how you maintain these relationships and leverage them for commercial opportunities.
✨Stay Informed on Market Trends
Keep yourself updated on current geopolitical, regulatory, and macroeconomic developments that could impact the metals market. Being able to share informed views on market dynamics during your interview will demonstrate your strategic thinking and market intelligence.