At a Glance
- Tasks: Join our trading team to execute and manage trades in LME metals like copper and aluminium.
- Company: We're a leading dealer in ferrous and non-ferrous metal scrap materials.
- Benefits: Enjoy a dynamic global trading environment with opportunities for professional growth.
- Why this job: Be part of a fast-paced industry, leveraging your analytical skills to make impactful trades.
- Qualifications: Proven experience in LME metals trading and strong knowledge of market fundamentals required.
- Other info: Ideal for those seeking a challenging role in finance with a focus on commodities.
The predicted salary is between 43200 - 72000 £ per year.
Our client is one of the leading dealers of ferrous and non-ferrous metal scrap materials, and we are looking for an experienced highly skilled LME Trader to join our commodities trading team. The ideal candidate will have extensive experience in trading base metals on the London Metal Exchange (LME), with a strong understanding of market trends, hedging strategies, and risk management. This role requires analytical skills, the ability to execute trades efficiently, and a deep knowledge of LME contracts and pricing mechanisms.
Key Responsibilities:
- Execute and manage proprietary and client trades in LME-traded metals (e.g., copper, aluminium, nickel, zinc, lead, tin).
- Develop and implement trading strategies to maximize profitability and mitigate risks.
- Monitor and analyze market trends, economic indicators, and supply-demand fundamentals affecting base metals.
- Maintain relationships with brokers, counterparties, and clients to facilitate smooth trade execution.
- Ensure compliance with LME regulations, internal risk policies, and financial reporting requirements.
- Utilize trading platforms, pricing models, and data analysis tools to optimize trade execution.
- Manage hedging activities for physical metal exposures and structured products.
- Work closely with risk management, compliance, and operations teams to ensure seamless trade settlement and reporting.
- Contribute to business development by identifying new trading opportunities and market trends.
Required Qualifications & Experience:
- Proven experience in LME metals trading within a commodities trading firm, hedge fund, or financial institution.
- In-depth knowledge of LME contracts, spreads, and arbitrage opportunities.
- Strong understanding of market fundamentals, macroeconomic drivers, and hedging techniques.
- Proficiency in trading platforms and financial analytics tools (e.g., Reuters, Bloomberg, Excel/VBA, Python preferred).
- Excellent risk management skills with a disciplined approach to trading.
- Strong communication and negotiation skills for client interactions and broker relations.
- Ability to work in a fast-paced environment with high attention to detail.
Preferred Skills:
- Experience with structured products and derivatives in metals trading.
- Knowledge of physical metal supply chains and logistics.
- CFA, FRM, or relevant financial certifications.
- Opportunity to work in a dynamic, global trading environment.
LME Trader employer: Talent Sutra
Contact Detail:
Talent Sutra Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land LME Trader
✨Tip Number 1
Network with professionals in the commodities trading sector, especially those who have experience with LME trading. Attend industry events, webinars, and conferences to meet potential colleagues and learn about the latest trends.
✨Tip Number 2
Stay updated on market trends and economic indicators that affect base metals. Regularly read industry reports and follow relevant news sources to demonstrate your knowledge during interviews.
✨Tip Number 3
Familiarise yourself with the specific trading platforms and financial analytics tools mentioned in the job description, such as Bloomberg and Excel/VBA. Consider taking online courses or tutorials to enhance your skills.
✨Tip Number 4
Prepare for interviews by practising your communication and negotiation skills. Role-play scenarios where you might need to explain complex trading strategies or discuss market conditions with clients.
We think you need these skills to ace LME Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in LME metals trading. Focus on specific achievements, such as successful trades or strategies you've implemented, and ensure it aligns with the key responsibilities mentioned in the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of market trends and risk management. Mention your analytical skills and how they have contributed to your success in previous roles. Be sure to express your enthusiasm for the opportunity to work in a dynamic trading environment.
Highlight Relevant Skills: In your application, emphasise your proficiency with trading platforms and financial analytics tools like Bloomberg and Excel/VBA. Discuss any experience you have with structured products and derivatives, as well as your risk management approach.
Showcase Communication Skills: Since strong communication and negotiation skills are essential for this role, provide examples in your application of how you've successfully interacted with clients and brokers in the past. This will demonstrate your ability to maintain relationships and facilitate smooth trade execution.
How to prepare for a job interview at Talent Sutra
✨Showcase Your Trading Experience
Be prepared to discuss your previous experience in LME metals trading. Highlight specific trades you've executed, the strategies you employed, and the outcomes. This will demonstrate your hands-on knowledge and ability to navigate the complexities of the market.
✨Understand Market Trends
Research current market trends and economic indicators affecting base metals. Be ready to discuss how these factors influence trading decisions and your approach to risk management. This shows that you are proactive and well-informed.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical skills by discussing how you use data analysis tools and financial models in your trading strategies. Mention any specific platforms you are proficient in, such as Bloomberg or Excel/VBA, to highlight your technical capabilities.
✨Communicate Effectively
Strong communication skills are crucial for this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex trading concepts. Be ready to explain how you maintain relationships with brokers and clients to facilitate trade execution.