At a Glance
- Tasks: Build a global physical metals trading platform and manage operations across multiple geographies.
- Company: Join StoneX, a leader in supply trading with a dynamic team culture.
- Benefits: Competitive salary, career growth opportunities, and a chance to shape the future of trading.
- Other info: Engage with top professionals and represent StoneX at industry events.
- Why this job: Make an impact in the metals market while working with industry experts.
- Qualifications: 10+ years in metals trading with strong leadership and communication skills.
The predicted salary is between 85500 - 104500 £ per year.
In this role you will build a scalable physical metals trading and supply chain platform within StoneX Supply Trading. You will leverage existing infrastructure in LME base metals and ferrous derivatives to grow a profitable book across geographies. You will work with risk, compliance, and client onboarding to bring counterparties to executable limits. You shape the business plan and drive market entry by metal, region, and structure.
Responsibilities
- Build and expand a global physical metals platform by leveraging existing LME base metals and ferrous derivatives capabilities.
- Oversee booking systems, trade capture, confirmation, and logistics across multiple commodity classes and geographies.
- Manage capital and financing through internal equity and banking relationships; maintain legal entity infrastructure across multiple jurisdictions.
- Support middle and back-office functions including settlements, accounting, and control.
- Maintain a robust control environment with market risk, credit, compliance, legal, and technology.
- Lead business build-out and strategy with cross-functional teams, including risk and trade support; identify trade opportunities and pricing structures.
- Engage with brokers, consultants, counterparties, and internal departments to onboard new clients and execute limits.
- Define strategic opportunities (off-take, asset optimization, tolling, procurement) and shape the growth roadmap with senior leadership.
- Direct day-to-day operations of the metals team, including recruitment, mentoring, and stakeholder communication.
- Represent StoneX credibly in markets and at industry events.
Key requirements
- Minimum 10 years in relevant base and/or ferrous metals trading.
- Demonstrable track record of generating P&L in physical metals merchanting, with market references.
- Deep understanding of hedging and trading futures, OTC, and options, including LME contract mechanics.
- Working knowledge of physical supply chain mechanics (Incoterms, warehousing, warrants, assay, weight/quality risk, freight, trade finance).
- Existing relationships and reputation with producers, consumers, traders, and financiers.
- Strong judgment in assessing opportunities and risk.
- Leadership
- Clear communication
- Mentoring and people development
- LME base metals and ferrous derivatives knowledge
- Futures, OTC and options hedging
- Trade capture and booking systems
Physical Metals Trader employer: StoneX
At StoneX Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. With over 5,400 employees globally, we provide extensive growth opportunities within our diverse business segments, ensuring that every team member can thrive in their career. Our commitment to employee development, coupled with the chance to engage with a wide array of clients and markets, makes this an ideal environment for those seeking meaningful and rewarding employment in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Physical Metals Trader
✨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 StoneX. 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 Physical Metals Trader
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 StoneX.
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 StoneX'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 StoneX
✨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 StoneX.
✨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 StoneX 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 StoneX 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.
