At a Glance
- Tasks: Join our Copper trading team and manage global trading activities while learning from experienced professionals.
- Company: PetroChina International, a leading state-owned enterprise in the energy sector.
- Benefits: Competitive salary, comprehensive benefits, gym membership, and up to 30 days holiday.
- Other info: Hybrid work model with excellent career growth opportunities in London.
- Why this job: Dive into the dynamic world of metals trading and make an impact in a fast-paced environment.
- Qualifications: Previous trading experience and strong analytical skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
PetroChina International is the international trading arm of PetroChina Company Ltd, a state‑owned business and the publicly listed arm of China National Petroleum Corporation (CNPC).
We are expanding our dedicated Copper trading capability and require a commercially minded, tenacious individual to join our ambitious Petrochemicals Team. The successful candidate will report directly to the Trading Manager, Copper and support the day‑to‑day management of the global copper trading book, progressively taking on responsibilities in physical trading of refined copper, concentrates, scraps, blisters, anodes, and cathodes, as well as supporting derivatives trading.
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.
- 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 instruction and supervision of the Trading Manager as part of on‑the‑job development.
- 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.
- Prior track record successfully generating revenue.
- Pre‑existing network among consumers of copper products or knowledge of typical trading counterparties.
- Good understanding of copper markets, trading regulations, fundamentals, products, grades, qualities, geographies and environmental influences.
- Proficient analytical and numerical skills with the ability to interpret market trends and news for data‑driven decisions.
- Competent communicator capable of building relationships with a range of stakeholders.
- Proactive, collaborative mindset with a desire to learn in a fast‑paced trading environment.
- Competitive salary commensurate with experience.
- Comprehensive benefits package including insurance coverage, private medical for self and family, travel and dental coverage for self and family, life assurance, gym membership, pension contribution by company.
- Up to 30 days holiday allowance per annum (rising after service) plus bank holidays.
- Discretionary performance‑related bonus and more.
Start Date: Position is available to start immediately; flexible on notice period for the right candidate.
Junior Metals Trader / Trader, Copper in London employer: Petroineos Trading Limited
Contact Detail:
Petroineos Trading Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Metals Trader / Trader, Copper in London
✨Network Like a Pro
Get out there and connect with people in the copper trading scene! Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and any previous trading experience. We want to see how you can interpret market trends and make data-driven decisions. Be ready to share examples of how you've tackled challenges in the past!
✨Stay Informed
Keep yourself updated on the latest news and trends in the copper market. This will not only help you in interviews but also show that you’re genuinely interested in the field. We love candidates who are proactive and have a finger on the pulse of the industry!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for passionate individuals to join our team, so make sure you put your best foot forward!
We think you need these skills to ace Junior Metals Trader / Trader, Copper in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Junior Metals Trader role. Highlight any relevant trading experience, especially in copper or similar markets. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about trading and how your background makes you a great fit for our Petrochemicals Team. Keep it concise but impactful!
Show Off Your Analytical Skills: Since this role involves analysing market trends and making data-driven decisions, be sure to showcase your analytical and numerical skills in your application. We love seeing candidates who can interpret data effectively!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team!
How to prepare for a job interview at Petroineos Trading Limited
✨Know Your Copper
Make sure you brush up on your knowledge of the copper market. Understand the different products like refined copper, concentrates, and cathodes. Being able to discuss market trends and price movements confidently will show that you're serious about the role.
✨Show Off Your Analytical Skills
Prepare to demonstrate your analytical and numerical skills during the interview. Bring examples of how you've interpreted market data or made data-driven decisions in the past. This will help you stand out as a candidate who can contribute to the trading team effectively.
✨Build Relationships
Since this role involves liaising with various internal teams, be ready to talk about your communication skills. Share experiences where you've successfully built relationships with stakeholders. This will highlight your collaborative mindset, which is crucial in a fast-paced trading environment.
✨Be Proactive and Eager to Learn
Express your enthusiasm for learning and growing within the role. Discuss any previous experiences where you took the initiative to learn something new or improve a process. This will show that you're not just looking for a job, but are genuinely interested in developing your career in trading.