Junior Metals Trader / Trader, Copper
SKILLS
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 hiring a Junior Metals Trader to support its copper trading desk. This is a full-time, hybrid role based in London, UK.
Who We Are
[Employer hidden — sign up to reveal] is a state-owned business and the publicly listed arm of the [Employer hidden — sign up to reveal], one of the world’s largest global commodity trading companies. [Employer hidden — sign up to reveal] serves as the international trading arm, founded in 2002, with offices in 20+ countries. [Employer hidden — sign up to reveal] (PCIL) is now expanding its dedicated Copper trading capability.
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 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
This role offers a competitive salary (commensurate with experience), plus a comprehensive benefits package including Insurance coverage; Private Medical (for self and family); Travel (for self and family); Dental (for self); Life Assurance, Gym membership, Pension contributory by Company, up to 30 days holiday allowance per annum rising after service (in addition to bank holidays), discretionary performance related bonus and more.
How to Apply
If the role sounds like you, we encourage you to upload a copy of your CV by clicking on the Apply button. The position is available to start immediately (flexible on notice period). Strictly no recruitment agencies.
This is a full-time, permanent position based in Charing Cross, London, UK. The role is hybrid: 4 days in the office / 1 day from home. For more about the company, visit Petroineos website.