Trading Assistant - Derivatives Department

Gerald Group; Stamford (CT); On-site; USD 65,000 - 105,000; Full time

Benefits offered by this job

Medical benefits

Commuter benefits

401(k) plan with company match

Tuition reimbursement

Paid time off

Job summary

Gerald Metals is seeking a Trading Assistant to join the front office trading team in Stamford. You will support traders with trade capture, validation, and risk monitoring, ensuring accurate entry and reconciliation across derivative transactions.

You will collaborate with internal stakeholders, test new trading technologies, and help automate reporting to improve desk efficiency, accuracy, and operational controls in a fast-paced environment.

Qualifications

• Bachelor's Degree in Business, Finance, Economics or related field.
• Strong work ethic and ability to learn quickly in a fast-paced, high-pressure environment.
• Detail oriented, organized, and diligent.
• Experience on a trading desk or similar fast-paced environment preferred.
• Composure and clear communication under pressure.
• Ability to work well in a team.
• Strong interest in trading and derivative markets.
• Strong math, probability and statistics understanding.
• Proficiency in Excel and VBA; Bloomberg/SQL/Python a plus.
• Entrepreneurial drive and willingness to work non-traditional hours.
• Ability to work in office Monday through Friday; travel as needed.

Responsibilities

• Trade Capture and Validation – entry, confirmation, and allocation of derivatives into risk systems.
• Position Reconciliation and Risk Monitoring – end-of-day position, P&L, and cash margin calculations; track limits.
• Desk Liaison – coordinate order flow and market information with internal and external stakeholders.
• Process Improvement – test new trading technologies and automate manual reports to boost desk efficiency.

Skills

Work ethic

Detail oriented

Team player

Under pressure

Trading interest

Math/statistics

Problem solving

Multitasking

Non-traditional hours

Travel flexibility

Education

Bachelor's Degree in Business/Finance/Economics

Tools

Excel

VBA

Bloomberg

SQL

Python

Job description

About the Company

Gerald Metals is one of the oldest and the world’s largest commodity trading companies focused purely on the merchanting of non-ferrous, ferrous, and precious metals, as well as related concentrates and raw materials. For six decades, we have distinguished ourselves as the leading market specialists in the trading of all forms of refined metals and raw materials around the world. We take pride in our well‑earned reputation as a dedicated and trusted partner to top‑tier miners and processors, industrial consumers, and major financial institutions.

Position Summary

The Trading Assistant is a member of the front office trading team working directly with the trader(s) to add commercial value through various support functions. This includes trade capture and validation, position reconciliation and risk monitoring, desk liaison both internally and externally, and contribute to diversified desk process improvements.

Responsibilities

The successful candidate will be expected to be able to fulfill the responsibilities set out below within a reasonable time-frame (up to 6 months).

• Trade Capture and Validation – ensure accurate entry, confirmation, and allocation of derivative transactions into risk management system utilizing order management system and rectifying any breaks.
• Position Reconciliation and Risk Monitoring – perform end of day position, P&L, and cash margin calculations.Track position limits and flag operational / settlement discrepancies.
• Desk Liaison – coordinate order flow and derivative market information with internal business stakeholders.Communicate with external counterparties to reconcile positions.
• Process Improvement – assist in testing new trading technologies, automating manual reports, and increasing desk efficiency.

Requirements

The successful candidate will need to be able to fulfill the requirements set out below in order to achieve, together with the proper training.

• Bachelor’s Degree in Business, Finance, Economics or related fieldPossess a strong work ethic and be able to learn quickly in a fast paced, high-pressure environment
• Detail oriented, organized, diligent
• Experience working on a trading desk or similar fast-paced, open environment preferred
• Maintain composure and communicate clearly when under pressure
• Ability to succeed working as part of a team
• Strong interest in trading and derivative markets in particular
• Strong understanding of math, probability, and statistics
• High level of proficiency in Excel and VBA
• Proficient in Bloomberg / SQL / Python a plus
• Advanced aptitude for problem solving and multitasking
• Entrepreneurial drive and willingness to work non-traditional business hours
• Ability to work in office Monday through Friday
• Ability to travel as needed

Employee Programs & Benefits

• Comprehensive medical, dental, vision, and life insurance benefits
• Commuter benefits
• Flexible Spending Accounts
• Health Saving Account
• 401(k) plan with company match
• Short- and long-term disability
• Tuition reimbursement
• Paid time off for vacation, personal, and sick time

We are an equal-opportunity employer. Our teams consist of professionals with diverse backgrounds and skill sets, all of which contribute to the efficacy and profitability of our operations. We take pride in our contributions in aiding developing economies, reducing carbon emissions, and in building towards a more progressive and equitable future.