20 Oct
ING Services Limited, London
London
Job Description
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 and Softs &Agri;'s.
This role will cover London Metal Exchange Base Metals, Iron Ore, Coking Coal and Battery Metals
Main Duties and Responsibilities of Role:
- Follow developments in (paper) commodity markets.
- Continuously check and update relevant market parameters.
- Price indicative and firm quotes for clients
- Contribute to IT developments for the desk.
- 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 P n L and research reports.
Career Potential
- Increasing scope and responsibility in a growing trading book
- Possibility for temporary or permanent assignment in other Financial Markets Trading locations
Candidate Profile
Qualification/Education
- Educated to Degree level, within Finance, Economics, Maths or Science.
Experience/Knowledge
- c2 years previous work experience in banking, trading or risk management roles OR commodities back office or middle office experience and looking to move into trading.
- Excellent Excel and numeracy skills
- Programming skills and ability to develop desk tools using VBA and Python is critical.
Personal Attributes
- 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
- Questions the status quo, always striving to do things more efficiently and effectively.
ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible)
and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)
For us, success will only be achieved if we act with Integrity.
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.
In order to operate ING’s recruitment process, we will collect and store personal information you provide. Please request the privacy notice should you wish to understand how ING uses and protects this information.
▶️ Junior Metals Trader
🖊️ ING Services Limited, London
📍 London