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Senior Metals Trader - Options and Derivatives
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.J-18808-Ljbffr