At a Glance
- Tasks: Originate and execute physical transactions in base metals like copper and aluminium.
- Company: Leading trading firm in the heart of London.
- Benefits: Competitive salary, performance bonuses, and opportunities for professional growth.
- Other info: Autonomous role with a focus on strategic decision-making and risk management.
- Why this job: Join a dynamic team and shape the future of metals trading.
- Qualifications: Proven track record in physical metals trading with strong market knowledge.
The predicted salary is between 80000 - 100000 £ per year.
Location: London
Responsibilities
- Originate and execute physical transactions across copper, aluminium, zinc, lead, and nickel.
- Expand the desk's counterparty coverage by securing new business from producers, smelters, consumers, and trading houses.
- Structure transactions across the full deal lifecycle, from origination through execution, logistics, and settlement, maintaining disciplined risk management throughout.
- Contribute to the desk's broader commercial strategy in close collaboration with analytics, operations, and risk functions.
- Anticipate market developments and position the book accordingly.
Requirements
- A demonstrated track record of building and growing a physical metals trading business, with clear P&L accountability and sustained profitability.
- Comprehensive understanding of the drivers of physical trading margins, including premiums, freight, financing, and quality differentials.
- An active and well-maintained network across the mining, smelting, consumer, and trading community.
- The capacity to operate with a high degree of autonomy and commercial independence.
We think you need these skills to ace Senior Base Metals Trader
Physical Metals Trading
P&L Accountability
Market Analysis
Transaction Structuring
Risk Management
Networking
Commercial Strategy Development
