At a Glance
- Tasks: Identify and execute arbitrage strategies in fast-paced metals markets.
- Company: Dynamic trading firm focused on innovative market strategies.
- Benefits: Competitive salary, performance bonuses, and opportunities for professional growth.
- Other info: Engage with global markets and enhance your trading expertise.
- Why this job: Join a team of experts and make impactful trading decisions daily.
- Qualifications: 4-8+ years in metals trading with strong analytical skills.
The predicted salary is between 60000 - 80000 € per year.
We are seeking an experienced and highly analytical proprietary SHFE Arbitrage Trader to identify, develop, and execute arbitrage strategies across the Shanghai Futures Exchange (SHFE) and global base metals markets, including LME and COMEX. This role requires deep expertise in metals trading, strong quantitative capabilities, and the ability to operate decisively in fast-paced market conditions.
What You Will Do
- Design, back test, and implement arbitrage strategies focused on SHFE and related instruments.
- Analyze market microstructure to identify cross-exchange and cross-contract arbitrage opportunities, including calendar spreads, inter-month trades, and LME-SHFE basis strategies.
- Monitor daily profit and loss (P&L), manage risk exposures, and ensure adherence to margin and position limits.
- Maintain accurate trade capture, position reporting, and post-trade reconciliation; contribute to automation and process improvements.
- Prepare daily market insights, trade rationales, and periodic performance reports for senior stakeholders.
- Ensure compliance with all applicable regulatory requirements and maintain robust internal controls.
Who You Are (Basic Qualifications)
- 4–8+ years of experience trading metals (copper preferred), with a demonstrable track record in arbitrage trading and consistent P&L generation.
- Strong understanding of SHFE contract specifications, delivery mechanisms, warehousing systems, margining, and Chinese market microstructure.
- Advanced quantitative and analytical skills, including experience developing statistical arbitrage models and conducting rigorous strategy validation.
- Familiarity with electronic trading systems, order management systems, and real-time market data feeds.
- Proven risk management expertise, including experience with VaR, stress testing, and scenario analysis.
- Excellent written and verbal communication skills; fluency in English required, Mandarin strongly preferred.
What Will Put You Ahead
- Direct experience with LME-SHFE basis trading, physical metal logistics, and warehouse receipt systems.
- Experience engaging with Chinese market participants, brokers, and regulatory frameworks.
- Knowledge of options trading and hedging strategies within metals markets.
- Bachelor’s or master’s degree in finance, Economics, Mathematics, Engineering, Physics, or a related discipline.
Proprietary SHFE Arbitrage Trader in London employer: Koch
As a leading player in the global metals trading market, we offer our proprietary SHFE Arbitrage Traders an exceptional work environment characterised by a culture of innovation and collaboration. Our team is dedicated to fostering professional growth through continuous learning opportunities and access to cutting-edge trading technologies, all while operating in the dynamic financial hub of Shanghai. Join us to leverage your expertise in a role that not only rewards analytical prowess but also encourages impactful contributions to our trading strategies.
StudySmarter Expert Advice🤫
We think this is how you could land Proprietary SHFE Arbitrage Trader in London
✨Tip Number 1
Network like a pro! Connect with industry professionals on LinkedIn and attend trading events. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your past arbitrage strategies and P&L reports. When you get that interview, having tangible evidence of your expertise will set you apart from the competition.
✨Tip Number 3
Stay updated on market trends! Regularly read up on SHFE and global metals news. Being able to discuss current events and their impact on trading during interviews will demonstrate your passion and knowledge.
✨Tip Number 4
Apply through our website! We’ve got a streamlined application process that makes it easy for you to showcase your skills. Plus, it shows us you’re genuinely interested in joining our team.
We think you need these skills to ace Proprietary SHFE Arbitrage Trader in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in metals trading and arbitrage strategies. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about SHFE trading and how your background makes you the perfect fit for our team. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role requires strong quantitative capabilities, include examples of your analytical work or any statistical models you've developed. We love seeing how you think and approach problem-solving!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Koch
✨Know Your Metals
Make sure you brush up on your knowledge of metals trading, especially copper. Be ready to discuss SHFE contract specifications and how they relate to global markets. This will show that you’re not just familiar with the theory but can apply it practically.
✨Quantitative Skills on Display
Prepare to showcase your analytical skills. Bring examples of arbitrage strategies you've developed or back-tested in the past. Being able to explain your thought process and the quantitative methods you used will impress the interviewers.
✨Risk Management Expertise
Be ready to discuss your experience with risk management techniques like VaR and stress testing. Share specific instances where you successfully managed risk in a fast-paced environment, as this is crucial for the role.
✨Communication is Key
Since you'll be preparing reports for senior stakeholders, practice articulating complex ideas clearly and concisely. If you speak Mandarin, mention it! It could give you an edge when engaging with Chinese market participants.
