Metals Trader

Derivatives Base Metals Trader (Desk Lead)

Location

Remote (Global)

A leading global commodity trading house is seeking an experienced Derivatives Base Metals Trader to build and lead its base metals derivatives trading desk. This is a unique greenfield opportunity for an entrepreneurial trader with a proven track record of generating P&L and developing trading strategies across the global base metals complex.

The successful candidate will be responsible for establishing the desk, developing trading strategies, building market relationships, and creating a scalable platform capable of generating significant revenues across both proprietary and client-driven opportunities.

The firm offers substantial risk appetite, access to capital, and the autonomy required to develop a best-in-class metals derivatives franchise.

• Establish and build the company's dedicated base metals derivatives trading desk.
• Develop and execute profitable proprietary trading strategies across futures, options, swaps, and OTC markets.
• Trade and manage risk across:
  • Copper
  • Aluminium
  • Zinc
  • Nickel
  • Lead
  • Tin
• Create and implement the desk's trading framework, risk parameters, and growth strategy.
• Identify market opportunities across outright, spread, arbitrage, relative value, and volatility strategies.
• Develop relationships with producers, consumers, commodity trading houses, brokers, funds, and financial institutions globally.
• Work alongside physical trading teams to optimise hedging and trading opportunities.
• Analyse global supply and demand fundamentals, inventory movements, macroeconomic data, and physical market flows.
• Generate market intelligence and actionable trade ideas for senior management.
• Play a leading role in future team growth, including the hiring and mentoring of additional traders and analysts.

• 7+ years of experience trading base metals derivatives.
• Demonstrated track record of generating consistent and profitable P&L.
• Experience trading LME and CME/COMEX products.
• Strong understanding of futures, options, OTC derivatives, and structured transactions.
• Deep knowledge of global metals markets and market drivers.
• Entrepreneurial mindset with the ability to operate independently.
• Experience building or growing a trading business, franchise, or revenue stream is highly desirable.
• Excellent commercial instincts and risk management capabilities.

• Successful establishment of the derivatives trading desk.
• Consistent generation of risk‑adjusted trading revenues.
• Growth of the firm's presence within global metals derivatives markets.
• Development of new commercial relationships and trading opportunities.
• Expansion of the desk into a leading profit centre within the organisation.

This opportunity is ideally suited to a senior base metals derivatives trader seeking the autonomy, capital support, and entrepreneurial freedom to build a market‑leading trading desk within a globally recognised commodity trading house.