Commodity Trader / Junior PM (Metals & Ags)
Commodity Trader / Junior PM — Metals & Agricultural Commodities London | Dubai | Remote
A cross commodity fund is looking to add a trader - discretionary or systematic - in base, precious metals or agricultural commodities - possibly someone operating as a number two within a pod, ready to trade their own book or expand their existing mandate.
This is a principal seat. Comp is a serious percentage of the P&L you generate - starting at 20% profit share, scaling higher through performance hurdles as the book builds.
The firm
A seasoned commodity trading operation with deep expertise across either metals, ags, softs or potentially energy . Active in derivatives across all major exchanges, with a growing physical metals capability and the credit lines, warehouse access and operational infrastructure to support it. Global reach, lean structure, and very little bureaucracy - they can move quickly when they find the right person.
What they're looking for
A trader with a demonstrated ability to generate consistent P&L across different market environments - not someone whose track record is defined by a single macro event. Directional, relative value, prop and systematic styles are all on the table.
The ideal candidate has:
- 5–15 years in commodity trading
- A verifiable, consistent track record - ideally $2m+ per year over recent years
- Experience as a number two within a pod, or a junior PM looking for more capital and autonomy
- Strong risk instincts and active drawdown management
- A clear reason to be looking now
Structure
- Base: industry-competitive, experience-dependent
- Profit share: starting at 20% of P&L, with performance-linked hurdles that increase allocation and payout
- Initial risk allocation scaled to your track record; grows as P&L builds
- Location: London, Dubai, or fully remote initially — the team trades across time zones
Process
Three stages, two of which can be done by phone. Decisions are made at principal level - if there's a fit, they move fast. Target: offers before year-end.
If you're currently a number two looking to run your own book, or a junior PM seeking a seat with genuine upside, I'd like to hear from you. Discretion is guaranteed.
Patrick Burlton | Lodestone Global Patrick@lodestone-global.com
Commodity Trader / Junior PM (Metals &/or Ags) in London employer: The Human Capital Company
As a leading trade house with extensive market access across various commodities, we offer an exceptional environment for Cross Commodity Algorythmic Traders to thrive. Our flexible mandate allows traders to explore diverse strategies while benefiting from a competitive compensation structure that directly rewards performance. With a strong focus on employee growth and a collaborative work culture, we provide the ideal platform for talented individuals to make a significant impact in the trading landscape.
