At a Glance
- Tasks: Lead base metals trading, executing deals and managing risk in a dynamic market.
- Company: Join a leading firm in the base metals trading industry based in London.
- Benefits: Attractive salary, performance bonuses, and opportunities for professional growth.
- Other info: Collaborate with diverse teams and mentor junior traders for career advancement.
- Why this job: Make a significant impact in a fast-paced environment while developing your trading expertise.
- Qualifications: 8-12 years of experience in physical base metals trading with a strong track record.
The predicted salary is between 80000 - 100000 € 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
- 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.
- 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 employer: Kepler Search
As a Senior Base Metals Trader in our London office, you will join a dynamic and innovative team that values integrity, collaboration, and professional growth. We offer a competitive benefits package, a vibrant work culture that encourages creativity and strategic thinking, and ample opportunities for career advancement within the global trading landscape. Our commitment to employee development and fostering strong relationships within the industry makes us an exceptional employer for those seeking a rewarding and impactful career in base metals trading.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Base Metals Trader London
✨Network Like a Pro
Get out there and start building relationships! Attend industry events, join relevant online forums, and connect with professionals on LinkedIn. The more people you know in the base metals trading space, the better your chances of landing that dream job.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, don’t hold back! Share your insights on market trends, price formations, and supply chain dynamics. This will not only showcase your knowledge but also demonstrate your passion for the industry.
✨Be Ready to Negotiate
In trading, negotiation is key, so practice your skills! Whether it’s discussing terms with a potential employer or talking about your previous deals, being confident and assertive can set you apart from other candidates.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us not only shows your interest but also gives you a better chance of getting noticed by our hiring team. Let’s get you into that Senior Base Metals Trader role!
We think you need these skills to ace Senior Base Metals Trader 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 listed in the job description, so don’t be shy about showcasing your relevant 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 knows their stuff! In your application, demonstrate your understanding of supply and demand fundamentals, price formation, and market structures. This will show us that you’re not just applying for any job, but that you’re genuinely interested in this role.
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 gives you a chance to explore more about StudySmarter and what we stand for.
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.
✨Network Like a Pro
Talk about your existing relationships with miners, smelters, and refiners. If you can, mention how you've cultivated these connections and how they could benefit the company. This shows you're not just a trader but also a relationship builder, which is key in this role.
✨Stay Updated on Market Trends
Keep an eye on current geopolitical, regulatory, and macroeconomic developments that could impact the metals market. Be prepared to share your insights during the interview, as this demonstrates your proactive approach and strategic thinking.
