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Junior Metals Trader / Trader, Copper

petroineos

LondonHybrid1mo ago
Employment
Full-time
Seniority
Junior

About the role

Key Responsibilities

  • Support the Trading Manager with daily management of the global copper trading book, including positions, exposures and P&L.
  • Produce accurate daily exposure and position reports using internal risk and trading systems.
  • Assist with hedging activities and corresponding profit and loss analysis.
  • Capture new trades, update positions and ensure system accuracy and data integrity.
  • Analyse historical trades, market trends and price movements to support trading decisions.
  • Help identify arbitrage opportunities and propose derivative strategies under supervision.
  • Liaise with internal teams including Risk, Operations, Treasury, Settlement, Legal and KYC to ensure smooth trade execution.
  • Maintain and update cost accruals and support deal reconciliation.
  • Collect, interpret and distribute market information with developing commercial insight.
  • Execute trades under the instruction and supervision of the Trading Manager as part of on‑the‑job development.

What we’re looking for / Skills that will help you in the role

  • Previous trading experience and familiarity with the physical and derivatives Copper market (ideally Refined Copper, Concentrates, Cathodes, Scraps), with a focus on global physical trading is highly advantageous.
  • Prior track record successfully generating revenue is highly advantageous.
  • Have a pre-existing network amongst consumers of copper products and/or knowledge of typical trading counterparties and supply chain.
  • Good understanding of the Copper markets, trading regulations, fundamentals, products, grades, qualities, geographies, and environmental influence on the market.
  • Proficient analytical and numerical skills with the ability to interpret and assess market trends, news to make informed data-driven decisions. 
  • Competent communicator and capable of building relationships with a range of stakeholders.
  • Proactive, collaborative mindset with a desire to learn in a fast paced trading environment.

What you get in return

Perks & benefits

  • Free Gym Membership
  • Equity Compensation

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