Senior Metals Trader

JR United Kingdom; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading multinational mining group seeks a Senior Metals Trader to enhance trading strategies and manage financial risk. The ideal candidate will have a strong background in derivatives and options trading, with a minimum of five years' risk-taking experience. This role offers exposure to a dynamic trading environment and competitive compensation.

Benefits

Competitive compensation package

Performance-based incentives

Opportunities for growth

Dynamic trading environment

Qualifications

• 5+ years of risk-taking experience in metals trading.
• Proven track record in metal options trading.
• Strong knowledge of financial hedging strategies.

Responsibilities

• Trade metal options and derivatives to hedge and enhance returns.
• Develop proprietary trading strategies in base metals.
• Analyze global market trends and macroeconomic indicators.

Skills

Risk Management

Quantitative Analysis

Analytical Skills

Communication

Tools

Bloomberg

Reuters

Python

Excel

Job description

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Senior Metals Trader, london (city of london)

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Client:

Marlin Selection Recruitment

Location:

london (city of london), United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

5

Posted:

26.06.2025

Expiry Date:

10.08.2025

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Job Description:

We are a leading multinational mining group engaged in the extraction, production, and trading of base metals. Our business spans across physical and financial markets, and we are now looking for a skilled Metals Trader to enhance our trading strategies by managing financial risk around our physical cathode and concentrates.

Role Overview:

We are seeking an experienced Metals Trader with a strong background in derivatives and options trading. The ideal candidate will have a minimum of five years of risk-taking experience and a proven track record in metal options trading. You will be responsible for trading financial instruments to optimize our physical positions, mitigate risk, and capitalize on market opportunities.

Key Responsibilities:

• Trade metal options and derivatives to hedge and enhance returns on our physical cathode and concentrates positions.
• Develop and execute proprietary trading strategies in base metals, leveraging market insights and quantitative models.
• Actively manage risk exposure, ensuring compliance with internal risk limits and regulatory requirements.
• Collaborate with physical trading, risk management, and operations teams to align financial trading strategies with business objectives.
• Analyze global market trends, supply-demand fundamentals, and macroeconomic indicators to make informed trading decisions.
• Optimize structured trades, including spreads, volatility, and cross-commodity strategies.
• Engage with counterparties, brokers, and exchanges to enhance market access and execution efficiency.

Key Requirements:

• 5+ years of risk-taking experience in metals trading, with a strong focus on derivatives and options.
• A proven track record in metal options trading is essential.
• Strong knowledge of financial hedging strategies, volatility trading, and market-making.
• Experience trading around physical metal flows, preferably in cathodes and concentrates.
• Solid understanding of risk management principles, P&L drivers, and position limits.
• Strong quantitative, analytical, and problem-solving skills.
• Proficiency in trading platforms and analytical tools (e.g., Bloomberg, Reuters, Python, Excel).
• Excellent communication skills and the ability to work in a fast-paced, global environment.

What We Offer:

• A competitive compensation package with performance-based incentives.
• The opportunity to work with a global leader in mining and metals trading.
• Exposure to diverse markets and complex financial instruments.
• A dynamic and entrepreneurial trading environment with growth potential.