Senior Commodities Trader - Base Metals

Placements24; Siyancuma Local Municipality; Sur place; ZAR 1 800 000 - 3 400 000; Plein temps

Avantages offerts par ce poste

Competitive salary

Health insurance

Life insurance

Disability insurance

Retirement plan

International travel opportunities

Relocation assistance

Career development

Résumé du poste

Placements24 is seeking a Senior Commodities Trader specializing in base metals to join a leading international trading firm in Upington, Northern Cape. You will develop and execute trading strategies across physical and derivative markets, leveraging market intelligence to optimize margins.

The role requires at least 8 years in base metals trading, deep market knowledge, and a track record of profitable P&L generation.

Qualifications

• Bachelor's degree in Finance, Economics, or related field; MBA/CFA preferred.
• 8+ years in commodities trading with base metals focus.
• Proven P&L generation and risk management.
• Strong understanding of global base metal markets.
• Experience with trading platforms and derivatives.

Responsabilités

• Develop and execute trading strategies for base metals in physical and derivatives markets.
• Monitor global market trends, news, and economic factors affecting prices.
• Analyze supply and demand fundamentals; identify opportunities and risks.
• Build relationships with mining companies, smelters, end-users and participants.
• Negotiate and execute trades with favorable terms and pricing.
• Manage trading positions and hedge risks to protect assets.
• Prepare market analysis, P&L statements and forecasts for management.
• Collaborate with logistics, finance, and legal teams for execution.
• Stay informed on international trade regulations and compliance.
• Contribute to new trading strategies and market entry initiatives.

Connaissances

Base metals expertise

Market analysis

Risk management

Negotiation

P&L management

Stakeholder relations

Formation

Bachelor's degree in Finance/Economics/Engineering

MBA or CFA (plus)

Outils

Trading platforms

Derivatives familiarity

Description du poste

About the Role

Our client, a leading international commodity trading firm with a significant presence in the mining sector , is seeking an accomplished Senior Commodities Trader specializing in Base Metals to join their strategic team in Upington, Northern Cape . This high-impact role involves managing and executing trading strategies for various base metal commodities, leveraging market intelligence, and optimizing profit margins. You will be responsible for developing market insights, building strong relationships with producers and consumers, and actively participating in physical and derivative markets. The ideal candidate will possess an exceptional understanding of global base metal markets, including supply/demand dynamics, price trends, risk management, and trading regulations. This position requires a proven track record in commodities trading, strong negotiation skills, and the ability to make decisive, data-driven trading decisions in a fast-paced environment. Your expertise will be critical in driving the company's trading performance and contributing to its strategic growth objectives within the global metals market. This is a unique opportunity to operate within a key commodities hub.

Key Responsibilities

• Develop and execute trading strategies for base metals (e.g., copper, zinc, lead, nickel) in both physical and derivative markets.
• Monitor global market trends, news, and economic factors impacting base metal prices.
• Analyze supply and demand fundamentals, identifying trading opportunities and risks.
• Build and maintain strong relationships with mining companies, smelters, end-users, and other market participants.
• Negotiate and execute trades, ensuring favorable terms and pricing.
• Manage trading positions and actively hedge risks to protect company assets.
• Prepare market analysis reports, trading P&L statements, and forecasts for senior management.
• Collaborate with logistics, finance, and legal teams to ensure smooth transaction execution.
• Stay informed about relevant international trade regulations and compliance requirements.
• Contribute to the development of new trading strategies and market entry initiatives.

Requirements

• Bachelor's degree in Finance, Economics, Business, Engineering, or a related quantitative field; MBA or CFA is a plus.
• A minimum of 8 years of experience in commodities trading, with a strong specialization in base metals .
• Proven track record of successful trading P&L generation.
• Deep understanding of global base metal markets, including production, consumption, logistics, and key players.
• Proficiency in financial modeling, market analysis, and risk management techniques.
• Excellent negotiation, communication, and interpersonal skills.
• Ability to work under pressure and make timely, critical decisions.
• Experience with trading platforms and derivative instruments is essential.
• Willingness to reside and work in the Upington area.

Benefits

• Highly competitive salary and significant performance-based bonus potential.
• Comprehensive health, life, and disability insurance.
• Retirement savings plan with company contributions.
• Opportunities for international travel and professional development.
• Exposure to a dynamic global trading environment and key industry stakeholders.
• Relocation assistance for candidates moving to the Upington region.
• A challenging and rewarding career path within a leading commodities trading firm.