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Precious Metals Trader (Analyst, Associate or VP)
full-timeLondon

Summary

Location

London

Type

full-time

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About this role

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.

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. 

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In order to operate ING’s recruitment process, we will collect and store personal data you provide. Please request the privacy statement should you wish to understand how ING UK uses and protects this information and visit our website for more information.

Other facts

Tech stack
Precious Metals Trading,Excel,Numeracy Skills,VBA,Python,Analytical Skills,Risk Management,Market Analysis,Team Player,Communication Skills,Proactive Behaviour,Detail-Oriented,Decision Making,IT Development,Portfolio Management,FCA Compliance

About ING

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Banking

What you'll do

  • The role involves actively following developments in precious metals markets, pricing quotes for clients, and supporting senior traders in managing risk positions. Additionally, the candidate will contribute to IT developments and produce daily PnL and research reports.

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Frequently Asked Questions

What does a Precious Metals Trader (Analyst, Associate or VP) do at ING?

As a Precious Metals Trader (Analyst, Associate or VP) at ING, you will: the role involves actively following developments in precious metals markets, pricing quotes for clients, and supporting senior traders in managing risk positions. Additionally, the candidate will contribute to IT developments and produce daily PnL and research reports..

Why join ING as a Precious Metals Trader (Analyst, Associate or VP)?

ING is a leading Banking company.

Is the Precious Metals Trader (Analyst, Associate or VP) position at ING remote?

The Precious Metals Trader (Analyst, Associate or VP) position at ING is based in London, United Kingdom. Contact the company through Clera for specific work arrangement details.

How do I apply for the Precious Metals Trader (Analyst, Associate or VP) position at ING?

You can apply for the Precious Metals Trader (Analyst, Associate or VP) position at ING directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about ING on their website.