Precious Metals Trading

Macquarie Group; Greater London; On-site; GBP 90,000 - 150,000; Full time

Benefits offered by this job

Wellbeing leave day

25 days annual leave

Parental leave (26 weeks)

Fertility leave

Volunteer leave

Salary sacrificing options

Medical and life insurance

Employee Assistance Program

Learning and development reimbursement

Dependent care support

Recognition and service awards

Hybrid/flexible working

Home office equipment reimbursement

Job summary

Macquarie Group in London seeks an experienced Precious Metals Options Trader to join a dynamic team, identifying opportunities and growing the business across OTC options and global exchanges. You will deploy and manage risk while executing trading strategies and build relationships with brokers and counterparties.

The role requires strong analytical and quantitative skills, a track record in high-pressure trading, and fluent English.

Qualifications

• Minimum 3 years’ experience in options trading, preferably with exposure to precious metals or other commodities.
• Good understanding of options markets, including volatility, pricing, and risk-management principles.
• Experience managing trading positions and risk, with the capability to take increasing ownership of risk-taking decisions.
• Knowledge of precious-metals fundamentals (e.g. Platinum Group Metals) and their application to market views and trading strategies would be advantageous.
• Strong entrepreneurial drive with the ability to independently source and structure new opportunities
• Demonstrated success in high-pressure trading environments and collaborative team settings
• Excellent analytical, quantitative, and communication skills, with an established network in the precious metals trading community
• Fluent in English; proficiency in additional languages is advantageous
• Technically skilled in Excel and AI coding tools

Responsibilities

• Identify and capitalise on opportunities to grow the business.
• Deploy and manage risk while executing trading strategies across precious metals OTC options and major global exchanges.
• Build and maintain relationships with brokers, counterparties, and other market participants.
• Analyse market trends, volatility, price movements, and supply and demand fundamentals globally.

Skills

Options trading

Risk management

Market analysis

Excel

AI tools

English fluency

Tools

Excel

Job description

The Precious Metals Trading team in London plays a pivotal role in Macquarie’s global commodities business. The desk covers both financial and physical precious metals markets globally, trading a diverse range of instruments including options, futures, and related contracts. We foster a collaborative and entrepreneurial environment, leveraging fundamental, quantitative, and technical analysis to identify trading opportunities and deliver consistent results. Our focus is on generating strong risk-adjusted returns and expanding Macquarie’s market presence.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

As a Precious Metals Options Trader, you will be part of a dynamic trading team, proactively identifying and capitalising on opportunities to grow the business. You will deploy and manage risk while executing trading strategies across precious metals OTC options and major global exchanges.

Building and maintaining relationships with brokers, counterparties, and other market participants is a key aspect of this role. You will analyse market trends, volatility, price movements, and supply and demand fundamentals across global precious metals markets, contributing to the team’s ongoing success.

What You Offer

• Minimum 3 years’ experience in options trading, preferably with exposure to precious metals or other commodities.
• Good understanding of options markets, including volatility, pricing, and risk‑management principles.
• Experience managing trading positions and risk, with the capability to take increasing ownership of risk‑taking decisions.
• Knowledge of precious‑metals fundamentals (e.g. Platinum Group Metals) and their application to market views and trading strategies would be advantageous.
• Strong entrepreneurial drive with the ability to independently source and structure new opportunities
• Demonstrated success in high‑pressure trading environments and collaborative team settings
• Excellent analytical, quantitative, and communication skills, with an established network in the precious metals trading community
• Fluent in English; proficiency in additional languages is advantageous
• Technically skilled in Excel and AI coding tools

What We Offer

Benefits

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
• 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers
• Paid fertility leave for those undergoing or supporting fertility treatment
• 2 days of paid volunteer leave and donation matching
• Access to a wide range of salary sacrificing options
• Benefits and initiatives to support your physical, mental and financial wellbeing including, comprehensive medical and life insurance cover
• Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Access to company funded emergency and backup dependent care services
• Recognition and service awards
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Commodities and Global Markets

Commodities and Global Markets is a global business offering capital and financing, risk management, market access, physical execution and logistics solutions to its diverse client base across Commodities, Financial Markets and Asset Finance.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio‑economic background.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.