At a Glance
- Tasks: Manage global copper trading, analyse market trends, and execute trades.
- Company: Join PetroChina, a leading global commodity trading company with a dynamic culture.
- Benefits: Competitive salary, comprehensive benefits, gym membership, and up to 30 days holiday.
- Other info: Hybrid work model available, with excellent career growth opportunities.
- Why this job: Be part of the green energy transition and develop your trading skills in a fast-paced environment.
- Qualifications: Experience in copper trading and strong analytical skills are essential.
The predicted salary is between 35000 - 42000 £ per year.
Who We Are
PetroChina Company Ltd is a state-owned business and the publicly listed arm of the China National Petroleum Corporation “CNPC”, one of the world’s largest global commodity trading companies. PetroChina International, a subsidiary of PetroChina Company Ltd, serves as the international trading arm and was founded in 2002 based in Beijing and has set up multiple subsidiaries and offices in 20+ countries, including three major Oil and Gas Trading and Operation Hubs in Houston (covering the Americas), London (Europe, Middle East and Africa), and Singapore (Asia). PetroChina International is actively exploring international markets, developing value added trades, extending the value chain, innovating in trade models, and continuously enhancing trade methods.
Who You Are / Your Next Challenge
As part of our continued expansion into the trading market for metals critical to the green energy transition, we are expanding our dedicated Copper trading capability. PetroChina International London (PCIL) is now seeking to appoint a commercially minded and tenacious individual to be our Junior Metals Trader, Copper / Trader, Copper (dependent upon experience and scope). This role is ideal for a base metal – copper professional looking to develop further their prior trading experience gained within a commodities trading organisation (including Mining, Financial Institutions, Hedge Funds, NOC).
Key Responsibilities
- Support the Trading Manager with daily management of the global copper trading book, including positions, exposures and P&L.
- Produce accurate daily exposure and position reports using internal risk and trading systems.
- Assist with hedging activities and corresponding profit and loss analysis.
- Capture new trades, update positions and ensure system accuracy and data integrity.
- Analyse historical trades, market trends and price movements to support trading decisions.
- Help identify arbitrage opportunities and propose derivative strategies under supervision.
- Liaise with internal teams including Risk, Operations, Treasury, Settlement, Legal and KYC to ensure smooth trade execution.
- Maintain and update cost accruals and support deal reconciliation.
- Collect, interpret and distribute market information with developing commercial insight.
- Execute trades under the instruction and supervision of the Trading Manager as part of on‑the‑job development.
What we’re looking for / Skills that will help you in the role
- Previous trading experience and familiarity with the physical and derivatives Copper market (ideally Refined Copper, Concentrates, Cathodes, Scraps), with a focus on global physical trading is highly advantageous.
- Prior track record successfully generating revenue is highly advantageous.
- Have a pre-existing network amongst consumers of copper products and/or knowledge of typical trading counterparties and supply chain.
- Good understanding of the Copper markets, trading regulations, fundamentals, products, grades, qualities, geographies, and environmental influence on the market.
- Proficient analytical and numerical skills with the ability to interpret and assess market trends, news to make informed data‑driven decisions.
- Competent communicator and capable of building relationships with a range of stakeholders.
- Proactive, collaborative mindset with a desire to learn in a fast paced trading environment.
Please note: This is a full‑time, permanent position with the job based in either Charring Cross, London, UK. The role is available to be worked in a hybrid capacity of 4 days in the office / 1 day from home.
What you get in return
This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package including Insurance coverage; Private Medical (for self and family); Travel (for self and family); Dental (for self); Life Assurance, Gym membership, Pension contributory by Company, up to 30 days holiday allowance per annum rising after service (in addition to bank holidays), discretionary performance related bonus and more.
Start Date
Position is available to start immediately (we are flexible on notice period for the right candidate).
Metal Trader, Copper Cathodes in City of Westminster employer: PetroChina International (Netherlands) Company B.V.
PetroChina International is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets opportunity. As a Senior Metals Trader in Aluminium, you will benefit from a competitive salary and a comprehensive benefits package, including private medical coverage, generous holiday allowance, and flexible working arrangements. The company fosters a collaborative culture that encourages professional growth, allowing you to build a successful trading desk while leveraging PetroChina's extensive global network and resources.
Contact Details:
PetroChina International (Netherlands) Company B.V. Recruitment Team
