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.
ING Privacy Statement
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.
