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.
Candidate Profile
Qualification/Education
- Educated to Degree level, within finance, economics, maths, science or related subject
Experience/Knowledge
- Previous work experience in banking, trading or risk management roles.
- Candidates with back or middle office commodities experience and a desire to move into trading can also be considered
- Excellent Excel and numeracy skills
- Programming skills and ability to develop desk tools using VBA and Python is critical.
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
Main Duties and Responsibilities of Role:
- Actively follow developments in (paper) commodity markets
- Continuously check and update relevant market parameters
- Price indicative and firm quotes for clients
- Actively 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 PnL and research reports
Career Potential
- Increasing scope and responsibility in a growing trading book
- Possibility for STA or permanent assignment in other FM Trading locations
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