Metals Trader
3 weeks ago
About the Role:
Marex Spectron is seeking a highly skilled and experienced Metals Sales professional to join our team. As a key member of our Metals department, you will be responsible for managing risk for ferrous product sets within our group risk appetite and defined risk limits.
Key Responsibilities:
- Contribute to product trading capability to support liquidity for clients
- Manage Marex market risk for product sets within group risk appetite and defined risk limits while generating positive returns
- Work efficiently and support making efficiencies, including collaborating with data, research, and analytics colleagues to identify opportunities for hedging strategies and clients
- Collaborate with sales/broking functions to originate hedging solutions and structured transactions with a cross-product selling mindset
- Collaborate with central operations functions to support the trading role, including operations and technology
- Strategize to increase P&L and achieve target set by the desk manager, requiring ongoing analysis of markets and products in the market
- Ensure compliance with the company's regulatory requirements
- Adhere to the operational risk framework for your role, ensuring all regulatory or company-determined parameters are complied with
- Role model for demonstrating highest level standards of integrity and conduct, reflecting Company Values
- At all times comply with the MAS Code of Conduct
- Carry out regulatory activities under the Marex Financial trading books
- Liaise with clients when called upon
- Ensure you are fully aware of and adhere to internal policies that relate to you, your role, or any other activities for which you have any level of responsibility
- Report any breaches of policy to Compliance and/or your supervisor as required
- Escalate risk events immediately
- Provide input to risk management processes as required
Competencies:
- Excellent verbal, written, and communication skills
- A collaborative team player, approachable, self-efficient, and influences a positive work environment
- Demonstrates curiosity
- Resilient in a challenging, fast-paced environment
- Possesses a high level of self-discipline
- Ability to make data and research-informed decisions
- Excels at building relationships, networking, and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience:
- Proactive mindset in keeping up to date with market research and incorporating into role efficiently
- Analytical skills, identifying opportunities and risks in a quick and decisive manner
- Comprehensive knowledge of the financial service markets and relevant regulatory requirements
- Experience working in and knowledge of a commodity product area
- Experience of the infrastructural support required to efficiently support commodity business lines
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this
- Experience in operating on electronic market making infrastructure
- Experience in risk managing of commodity portfolios
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