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 “[Employer hidden — sign up to reveal]”, one of the world’s largest global commodity trading companies. [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] is expanding its dedicated Copper trading capability.

The Role

We are seeking a Junior Metals Trader / Trader, Copper (dependent upon experience and scope) to join our ambitious team in London. This role involves managing the global copper trading book, with responsibilities in exposure management, hedging, market analysis, trade execution, and building a profitable portfolio.

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.
• 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.
• Proficient analytical and numerical skills.
• Competent communicator and capable of building relationships.
• Proactive, collaborative mindset with a desire to learn.

What You Get in Return

Competitive salary plus comprehensive benefits including insurance, private medical, travel, dental, life assurance, gym membership, pension, up to 30 days holiday, discretionary performance bonus.

Apply

Interested? Upload your CV by clicking the Apply button. Strictly no recruitment agencies.

For more about [Employer hidden — sign up to reveal], visit https://www.petroineos.com/about-us/.