Commodity Trader / Junior PM (Metals &/or Ags) in London

Commodity Trader / Junior PM (Metals &/or Ags) in London

London Full-Time 54000 - 66000 £ / year (est.) Remote
The Human Capital Company

At a Glance

  • Tasks: Trade metals and agricultural commodities, managing your own book with significant profit share.
  • Company: Dynamic commodity trading firm with a global reach and minimal bureaucracy.
  • Benefits: Competitive base salary, starting at 20% profit share, with growth potential based on performance.
  • Other info: Flexible location options: London, Dubai, or fully remote, with quick decision-making processes.
  • Why this job: Join a fast-paced environment where you can make impactful trading decisions and grow your career.
  • Qualifications: 5-15 years in commodity trading with a proven track record of generating consistent P&L.

The predicted salary is between 54000 - 66000 £ per year.

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. Compensation 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 is a seasoned commodity trading operation with deep expertise across either metals, ags, softs or potentially energy. They are 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. They have a 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.

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.

The Human Capital Company

Contact Details:

The Human Capital Company Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Commodity Trader / Junior PM (Metals &/or Ags) 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.

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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.

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Don’t shy away from reaching out directly to firms like The Human Capital Company. 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 Commodity Trader / Junior PM (Metals &/or Ags) in London

Commodity Trading
P&L Generation
Risk Management
Market Analysis
Derivatives Trading
Track Record in Trading
Active Drawdown Management

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 The Human Capital Company.

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 The Human Capital Company'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 The Human Capital Company

✨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 The Human Capital Company.

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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 The Human Capital Company 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 The Human Capital Company 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.