Junior Metals Trader / Trader, Copper

Who We Are

[Employer hidden — sign up to reveal] is a state-owned business and the publicly listed arm of the China National Petroleum Corporation “CNPC”. [Employer hidden — sign up to reveal], a subsidiary of [Employer hidden — sign up to reveal], serves as the international trading arm. [Employer hidden — sign up to reveal] (PCIL) is now expanding its 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 / 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

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.

Interested?

If the role sounds like you, we encourage you to upload a copy of your CV by clicking on the Apply button. Start Date: Position is available to start immediately (we are flexible on notice period for the right candidate). Strictly No Recruitment Agencies.