Metals Trader

ING; Greater London; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Diversity and work/life balance

Collaborative culture

Job summary

A leading financial institution in Greater London is seeking a candidate for a role in commodity trading. The position requires a degree in finance or a related field, and experience in banking or trading is preferred. Key responsibilities include analyzing market trends, pricing quotes for clients, and supporting senior traders. Ideal candidates will have excellent Excel skills, programming capabilities in VBA and Python, and strong analytical abilities. The company values integrity and fosters a collaborative work environment.

Qualifications

• Educated to Degree level in a relevant subject.
• Previous work experience in banking, trading, or risk management.
• Detail-oriented with the ability to make quick and accurate decisions.

Responsibilities

• Actively follow developments in commodity markets.
• Price indicative and firm quotes for clients.
• Produce daily PnL and research reports.

Skills

Excellent Excel skills

Programming skills (VBA and Python)

Analytical skills

Interpersonal and communication skills

Detail-oriented

Education

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

Job description

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.
• 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
• 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.

ING Privacy Statement

In order to operate ING’s recruitment process, we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information.