Junior Metals Trader / Trader, Copper
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FULL DESCRIPTION
Junior Metals Trader / Trader, Copper
[Employer hidden — sign up to reveal] (part of [Employer hidden — sign up to reveal] / [Employer hidden — sign up to reveal]) is seeking a Junior Metals Trader, Copper based in London with hybrid working. This is a full-time, permanent position within the Petrochemicals division.
Job Details
- Department: Petrochemicals
- Employment Type: Full-time
- Location: London, UK (The Adelphi Building, 1-11 John Adam Street, London, WC2N 6HT)
- Work Type: Hybrid (4 days office / 1 day home)
- Reports to: Trading Manager, Copper with dotted line to GM of Petrochemicals
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
- 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.
- Prior track record successfully generating revenue.
- 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 and news.
- 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
Competitive salary commensurate with experience plus comprehensive benefits including private medical, travel insurance, dental, life assurance, gym membership, pension, up to 30 days holiday plus bank holidays, and discretionary performance bonus.
Application Instructions
Interested? Upload your CV by clicking the Apply button. Strictly no recruitment agencies. Direct applications only to [Employer hidden — sign up to reveal].
For more about [Employer hidden — sign up to reveal], visit petroineos.com.