At a Glance
- Tasks: Lead and build a base metals derivatives trading desk while developing profitable trading strategies.
- Company: Global commodity trading house with a strong market presence.
- Benefits: Autonomy, access to capital, and substantial risk appetite for innovative traders.
- Other info: Ideal for entrepreneurial traders looking for growth and leadership opportunities.
- Why this job: Unique opportunity to shape a trading desk and make a significant impact in the industry.
- Qualifications: 7+ years of base metals trading experience and proven P&L generation.
The predicted salary is between 85500 - 104500 £ per year.
- Derivatives Base Metals Trader (Desk Lead)
- Location
- Remote (Global)
- Overview
A leading global commodity trading house is seeking an experienced Derivatives Base Metals Trader to build and lead its base metals derivatives trading desk.
This is a unique greenfield opportunity for an entrepreneurial trader with a proven track record of generating P&L and developing trading strategies across the global base metals complex.
The successful candidate will be responsible for establishing the desk, developing trading strategies, building market relationships, and creating a scalable platform capable of generating significant revenues across both proprietary and client-driven opportunities.
The firm offers substantial risk appetite, access to capital, and the autonomy required to develop a best-in-class metals derivatives franchise.
Key Responsibilities
- Establish and build the company's dedicated base metals derivatives trading desk.
- Develop and execute profitable proprietary trading strategies across futures, options, swaps, and OTC markets.
• Trade and manage risk across
- Copper
- Aluminium
- Zinc
- Nickel
- Lead
- Tin
- Create and implement the desk's trading framework, risk parameters, and growth strategy.
- Identify market opportunities across outright, spread, arbitrage, relative value, and volatility strategies.
- Develop relationships with producers, consumers, commodity trading houses, brokers, funds, and financial institutions globally.
- Work alongside physical trading teams to optimise hedging and trading opportunities.
- Analyse global supply and demand fundamentals, inventory movements, macroeconomic data, and physical market flows.
- Generate market intelligence and actionable trade ideas for senior management.
- Play a leading role in future team growth, including the hiring and mentoring of additional traders and analysts.
Requirements
- 7+ years of experience trading base metals derivatives.
- Demonstrated track record of generating consistent and profitable P&L.
- Experience trading LME and CME/COMEX products.
- Strong understanding of futures, options, OTC derivatives, and structured transactions.
- Deep knowledge of global metals markets and market drivers.
- Entrepreneurial mindset with the ability to operate independently.
- Experience building or growing a trading business, franchise, or revenue stream is highly desirable.
- Excellent commercial instincts and risk management capabilities.
- Key Success Measures
- Successful establishment of the derivatives trading desk.
- Consistent generation of risk‑adjusted trading revenues.
- Growth of the firm's presence within global metals derivatives markets.
- Development of new commercial relationships and trading opportunities.
- Expansion of the desk into a leading profit centre within the organisation.
This opportunity is ideally suited to a senior base metals derivatives trader seeking the autonomy, capital support, and entrepreneurial freedom to build a market‑leading trading desk within a globally recognised commodity trading house.
#J-18808-Ljbffr
Base Metals Trader in London employer: Selby Jennings
Join a leading global platform that offers an exceptional opportunity for growth and development in the real estate M&A sector. With a collaborative and entrepreneurial team culture, you will be exposed to landmark European transactions while enjoying competitive compensation and clear progression pathways. This role not only allows you to enhance your financial modelling and analytical skills but also provides the chance to mentor junior team members, making it a truly rewarding environment for ambitious professionals.
StudySmarter Expert Advice🤫
We think this is how you could land Base Metals Trader in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Selby Jennings. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Base Metals Trader in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Selby Jennings.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Selby Jennings's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Selby Jennings
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Selby Jennings.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Selby Jennings will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Selby Jennings employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
