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- Tasks: Support traders in executing contracts and managing transactions in a fast-paced environment.
- Company: Respected International Commodity Trading Company based in Central London.
- Benefits: Opportunity for career advancement and comprehensive training in international trading.
- Why this job: Become a future leader in trading while gaining invaluable skills and experience.
- Qualifications: 2:1 degree or equivalent, strong interpersonal skills, and interest in international trading.
- Other info: Fluency in French and Arabic is a plus; dynamic work culture with growth potential.
The predicted salary is between 30000 - 42000 £ per year.
Our client is a well-respected International Commodity Trading Company based in Central London. They are looking to recruit a bright, numerate graduate with commercial flair – Trainee traders are intended to become the future leaders of the business. You will have the opportunity for advancement in a fascinating and fast-paced industry – most of the directors within the company originally joined as trainees!
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 steel and raw materials
- Ensuring prompt invoicing out and payments in, liaising with accounts as necessary
- Working with Shipping and Insurance to arrange the transport of steel and raw materials
- 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 & oral
- Positive and flexible team player
- Good organisation skills with a strong attention to detail
- Ability to work in a dynamic and international environment
- Evidence of being commercial / entrepreneurial, ideally with some negotiation skills
- Excellent verbal and written communication skills
- Solid computer skills – including full Microsoft Office package
Trainee Trader in London employer: Richard James Recruitment
Contact Detail:
Richard James Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trainee Trader in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. The more connections we make, the better our chances of landing that Trainee Trader role.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their trading practices. We should be ready to discuss how our skills align with their needs and show genuine enthusiasm for international trading.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine our answers and boost our confidence. The more we practice, the more natural we'll feel during the real deal.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, we can keep track of our progress and stay updated on any new opportunities.
We think you need these skills to ace Trainee Trader in London
Some tips for your application 🫡
Show Off Your Numbers: Since we're looking for a bright, numerate graduate, make sure to highlight any relevant coursework or projects that showcase your analytical skills. Use specific examples to demonstrate your commercial flair and how you've applied your numerical abilities in real-world situations.
Tailor Your Application: Don't just send the same CV and cover letter everywhere! Take the time to tailor your application to this role. Mention your interest in international trading and how your skills align with the responsibilities listed in the job description. We love seeing candidates who are genuinely excited about the opportunity!
Highlight Your Language Skills: If you’ve got language skills, especially in French or Arabic, shout about them! These are highly advantageous for this role, so make sure they’re front and centre in your application. It could be the difference that sets you apart from other candidates.
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 that you're proactive and keen on joining our team at StudySmarter!
How to prepare for a job interview at Richard James Recruitment
✨Know Your Numbers
As a Trainee 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 can analyse and interpret data effectively. Practise explaining complex concepts in simple terms, as this will show your potential to communicate well with both traders and clients.
✨Show Your Commercial Flair
Demonstrate your entrepreneurial spirit during the interview. Think of examples where you've identified opportunities or solved problems creatively. This could be from university projects, internships, or even personal ventures. Companies love candidates who can think outside the box and bring fresh ideas to the table!
✨Brush Up on Industry Knowledge
Familiarise yourself with current trends in international trading, especially in commodities like steel and raw materials. Being able to discuss recent news or developments in the industry will show your genuine interest and commitment. It’s also a great way to engage with your interviewers and make a lasting impression.
✨Practice Your Language Skills
If you speak French or Arabic, make sure to highlight this during your interview. Practise some key phrases related to trading and finance in these languages. This not only showcases your language skills but also your readiness to work in a diverse, international environment, which is crucial for this role.
