Precious Metals Trader (Analyst, Associate or VP)

Department Overview:
The Commodity Trading desk is providing commodity hedges and risk management solutions. The main clients are corporates with hedging needs in the commodity space. The desk has a global presence with teams in New York, Singapore and London. The desk covers a wide product range, covering Energy, Base and Precious Metals

Main Duties and Responsibilities of Role:

• Actively follow developments in (paper) precious metals markets;

• Continuously check and update relevant market parameters;

• Price indicative and firm quotes for clients on linear and non-linear structures;

• Actively contribute to IT developments and expansion of product offering on precious metals

• Support senior traders in their daily routine

• Support portfolio owners manage the risk positions of the desk within the applicable limits and desk risk tolerance.

• 100% observance of all FCA requirements, industry conduct rules and ING Compliance standards.

• Produce daily PnL and research reports

Candidate Profile

Qualification/Education

• Degree-qualified in Finance, Economics, Mathematics, or a relevant scientific discipline.

Experience/Knowledge

Essential:

• 1-2 years minimum experience in precious metals trading

• Excellent Excel and numeracy skills

• Programming skills and ability to develop desk tools using VBA and Python is critical.

Desirable:

• Knowledge of regulatory changes and impact on trading activities.

Personal Competencies

• Strong numeracy and analytical skills;

• Proactive behaviour and perpetual energy and drive to improve performance.

• Detail-oriented with the ability to make quick and accurate decisions in a fast-paced environment.

• Effective team player with good interpersonal and communication skills;

• Challenger of the status quo, always striving to do things more efficiently and effectively.

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