Metals Trader

ING Group; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial institution in London is seeking a professional for its Commodity Trading desk. The role involves providing commodity hedges and risk management solutions, requiring strong Excel and programming skills in VBA and Python. Candidates should possess a degree in finance or a related field and prior experience in banking or trading. The position emphasizes analytical skills and effective teamwork, with promising career potential within a global environment.

Benefits

Collaborative and innovative culture

Work-life balance

Career potential for growth

Qualifications

• Educated to Degree level within finance, economics, maths, science or related subject.
• Previous work experience in banking, trading or risk management roles.
• Candidates with back or middle office commodities experience are considered.

Responsibilities

• Follow developments in commodity markets.
• Provide pricing quotes for clients.
• Assist in IT developments for the desk.
• Produce daily PnL and research reports.

Skills

Excellent Excel skills

Numeracy skills

Programming with VBA

Programming with Python

Analytical skills

Interpersonal skills

Education

Degree in finance, economics, maths, science or related subject

Job description

Department Overview

The Commodity Trading desk is providing commodity hedges and risk management solutions. The main clients are corporates with hedging needs in the commodity space. The desk has a global presence with teams in New York, Singapore and London. The desk covers a wide product range, covering Energy, Base and Precious Metals and Softs & Agri's.

Candidate Profile

Qualification/Education

• Educated to Degree level, within finance, economics, maths, science or related subject

Experience/Knowledge

• Previous work experience in banking, trading or risk management roles.
• Candidates with back or middle office commodities experience and a desire to move into trading can also be considered
• Excellent Excel and numeracy skills
• Programming skills and ability to develop desk tools using VBA and Python is critical.

Personal Competencies

• Strong numeracy and analytical skills
• Proactive behaviour and perpetual energy and drive to improve performance.
• Detail-oriented with the ability to make quick and accurate decisions in a fast-paced environment.
• Effective team player with good interpersonal and communication skills
• Challenger of the status quo, always striving to do things more efficiently and effectively

Main Duties and Responsibilities of Role

• Actively follow developments in (paper) commodity markets
• Continuously check and update relevant market parameters
• Price indicative and firm quotes for clients
• Actively contribute to IT developments for the desk
• Support senior traders in their daily routine
• Support portfolio owners manage the risk positions of the desk within the applicable limits and desk risk tolerance.
• 100% observance of all FCA requirements, industry conduct rules and ING Compliance standards.
• Produce daily PnL and research reports

Career Potential

• Increasing scope and responsibility in a growing trading book
• Possibility for STA or permanent assignment in other FM Trading locations

ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)

For us, success will only be achieved if we act with Integrity.

Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.

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