Physical Metals Trader

Stamford, CT

Responsibilities

 

  • Responsible for base and precious metals trading positions on London Metals Exchange, Chicago Mercantile Exchange and Shanghai Futures Exchange
  • Initiates daily and monthly hedging positions against physical commodity purchase and sales contracts.
  • Coordinate with Accounting Department, Mid-Office and Risk to perform month end closing for derivatives position of metals.
  • Execute and maintain trading positions using commodity futures, arbitrage, swaps and calendar spreads.
  • Develop structured transactions involving physical commodity contracts.
  • Reconcile all account differences and margin requirements.
  • Assist in formulating futures market trading strategies against physical trade position.
  • Utilize sound risk management techniques to minimize overall risk for futures and physical contracts.

 

Requirements

 

  • Business degree and/or 5-8 years relevant commodity experience, metals preferred.
  • Domestic and foreign exchange exposure necessary.
  • Working knowledge of Word, Excel, Outlook.
  • Reuters and Bloomberg experience required.

 

 

 

Note: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, we will keep your resume on file for future opportunities and may contact you for further discussion.

Date Posted 10/23/2019
Salary $200,000 - $250,000






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