At a Glance
- Tasks: Support traders in booking transactions and managing contracts in a fast-paced trading environment.
- Company: Respected International Commodity Trading Company based in Central London.
- Benefits: Starting salary of £38,000 plus bonuses and benefits, with hybrid working options.
- Other info: Fluency in French and Arabic is a plus; dynamic role with excellent growth potential.
- Why this job: Become a future leader in trading with extensive training and career advancement opportunities.
- Qualifications: 2:1 degree or equivalent, strong interpersonal skills, and interest in international trading.
The predicted salary is between 38000 - 53200 £ per year.
Starting Salary of c.£38,000 plus bonus and benefits
Based: London / Hybrid (min. 4 days in the office)
Our client is a well-respected International Commodity Trading Company based in Central London who are looking to recruit a bright, numerate graduate with commercial flair to join them as a Trainee Trader. Trainee Traders are intended to become the future leaders of the business and will have the opportunity for advancement in a fascinating and fast-paced industry.
Your training will cover all elements of international trading, from negotiation through to shipping and finance. Working closely with the Traders, Senior Traders and specialist internal departments, Graduate Trainee Traders will execute trading contracts booked by Traders, implement all relevant administrative and handling functions in line with company practices, existing laws and regulations, and the conditions of individual contracts.
You will also liaise with multiple internal departments including Trade Finance, Shipping, Risk Management, Legal, Insurance and Accounts, as well as external companies such as banks, customers, suppliers, ports, etc. You will live and breathe the work of your Senior Trader, undertake in-house and external training to develop all the skills needed to progress to become an excellent commodity trader in the future.
Candidates should have at least a 2:1 UK degree or international equivalent, be able to demonstrate entrepreneurial ability and strong interpersonal skills plus a genuine interest in international trading. Language skills are advantageous generally, and at the moment, we are particularly interested in those with French and Arabic fluency.
DAY TO DAY RESPONSIBILITIES:
- Supporting traders to book new transactions
- Issuing contracts for new transactions
- Working with Trade Finance on the financing arrangements for transactions
- Securing, checking, approving adequate and complete documentation, both incoming and outgoing covering both the purchasing and sales of the commodity
- Ensuring prompt invoicing out and payments in, liaising with accounts as necessary
- Working with Shipping and Insurance to arrange the transport of the commodities
- Liaising with suppliers and customers to ensure a timely and smooth execution of all contracts
- Liaising with other administrative departments (including accounts) to trigger all necessary actions and, where necessary, establishing credit and debit notes or other internal documents related to contractual conditions
- Solving delivery problems in cooperation/coordination with the traders
- Assisting traders to resolve claims with suppliers and clients
- Executing all necessary actions within the computer systems to ensure a regular and continuous up to date status of orders to ensure correct reporting at all times
- Arranging issuance of original documentation with external parties such as inspection agents, insurance companies, Chambers of Commerce, and the delivery of those documents as needed internationally.
- Undertaking your training and development tasks
- Any other reasonable tasks as requested
KNOWLEDGE, QUALIFICATIONS AND SKILLS REQUIRED:
- Minimum 2:1 Degree from leading university in a relevant subject
- High proficiency / fluency in both French and Arabic would be highly advantageous
- Fluency in English essential – both written
Trainee Metals Trader employer: Richard James Recruitment Specialists Ltd
Our client is an exceptional employer located in the heart of Central London, offering a dynamic work environment that fosters growth and innovation within the Commodity and Energy trading sector. Employees benefit from a collaborative culture that encourages professional development, with opportunities to engage across various teams and expand their expertise in commodities trading and risk management. The role of Commercial Risk Analyst not only provides exposure to critical business functions but also paves the way for career advancement into leadership positions, making it a rewarding choice for ambitious professionals.
Contact Details:
Richard James Recruitment Specialists Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Metals Trader
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups on LinkedIn, and don’t be shy to reach out to current traders. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you get the chance to meet someone in the field, be ready to talk about yourself and why you’re interested in trading. Keep it concise but engaging – show them your passion for the industry!
✨Tip Number 3
Stay informed about market trends. Read up on the latest news in commodities and trading. This will not only help you in interviews but also show potential employers that you’re genuinely interested in the field.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you. Make sure to tailor your application to highlight your skills and enthusiasm for becoming a Trainee Metals Trader. Let’s get you started on this exciting journey!
We think you need these skills to ace Trainee Metals Trader
Some tips for your application 🫡
Show Your Passion for Trading:When writing your application, let us see your enthusiasm for international trading. Share any relevant experiences or projects that sparked your interest in the field. We want to know why you’re excited about becoming a Trainee Trader with us!
Tailor Your CV and Cover Letter:Make sure your CV and cover letter are tailored specifically to the Trainee Metals Trader role. Highlight your academic achievements, skills, and any experience that aligns with the responsibilities mentioned in the job description. We love seeing candidates who take the time to personalise their applications!
Be Clear and Concise:Keep your application clear and to the point. Use straightforward language and avoid jargon unless it’s relevant to the role. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the position.
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 shows us you’re serious about joining our team at StudySmarter!
How to prepare for a job interview at Richard James Recruitment Specialists Ltd
✨Know Your Numbers
As a Trainee Metals Trader, you'll be dealing with a lot of data and figures. Brush up on your numerical skills and be prepared to discuss how you approach problem-solving with numbers. Practise some trading scenarios or case studies to show your analytical thinking.
✨Show Your Passion for Trading
Make sure to convey your genuine interest in international trading during the interview. Research current trends in the commodities market and be ready to discuss them. This will demonstrate your enthusiasm and commitment to the industry, which is crucial for a role like this.
✨Brush Up on Your Language Skills
If you have fluency in French or Arabic, highlight this during your interview. Being multilingual can set you apart from other candidates, especially in a global trading environment. Prepare to discuss any relevant experiences where you've used these language skills.
✨Prepare for Teamwork Questions
Since you'll be liaising with various departments and external parties, expect questions about teamwork and collaboration. Think of examples from your past experiences where you've successfully worked in a team, resolved conflicts, or contributed to a group project. This will showcase your interpersonal skills.
