Our client is a global trader of Base, Non-Ferrous metals, based in London.
The role is aimed at an experienced Base Metals trader, ideally with experience in Copper Cathodes and/or wire rod, who will support the expansion of the copper trading business. This new growth phase will focus on the development of African-origin copper cathode trading and the impressive expansion of business activities across the EMEA region.
DUTIES AND RESPONSIBILITIES:
Trading & Business Development:
* Develop and expand trading activities in copper cathode, wire rod, and related base metal products across Europe and the Middle East, including sourcing from Africa.
* Actively develop sales channels for copper cathodes, strengthening the firm’s competitiveness in Europe and opening new customer flows in the Middle East.
* Expand customer network by identifying new end-users and trading counterparties.
* Develop procurement and sourcing opportunities not fully covered by existing global operations.
Value Chain Expansion:
* Promote business expansion across the copper value chain from cathode to wire rod and downstream products, leveraging existing customer relationships and market knowledge.
* Structure and execute back-to-back and solution-oriented transactions tailored to customer needs.
Risk Management & Execution:
* Structure contracts and manage risks inherent in trading activities, including market risk, credit risk, logistics risk, contractual terms, legal and regulatory requirements, and tax (including VAT).
* Liaise closely with middle office, back office, and relevant corporate functions (Legal, Risk Management, Accounting/Tax, Treasury) in the execution of transactions.
* Ensure all trading activities comply with internal policies and external regulations.
* Collaborate with Legal and middle office teams in preparing and negotiating contractual documentation.
* Timely and accurately record all trades in internal contract and risk management systems.
Strategic Contribution:
* Contribute market insight and commercial perspectives to broader copper-related initiatives, including potential investments in mining, smelting, recycling, and decarbonisation-related projects, when required.
REQUIRED SKILLS AND QUALIFICATIONS:
* Proven track record in copper cathode and/or wire rod trading, with demonstrated ability to originate and grow business.
* Hands-on trading experience with African-origin copper cathodes is preferred, including sourcing, quality considerations, logistics, and customer delivery.
* Trading experience in copper concentrate, including exposure to mine offtake, smelter negotiations, and concentrate market dynamics is desirable.
* Strong ability to identify new business opportunities and build customer flows from scratch.
* Established relationships with copper producers, traders, smelters, and end-users in Europe, Africa, and/or the Middle East.
* Solid understanding of logistics, warehousing, freight, and trade execution in international commodity markets.
* Experience in credit risk management and trade finance.
* Ability to work independently while engaging management appropriately.
* Professional written and spoken English. Additional languages are beneficial.
* Strong interpersonal skills; team-oriented and effective communicator.
* Willingness and ability to travel across Europe, the Middle East, and other regions as required.
* Ability to perform consistently under pressure.
* Intermediate proficiency in Microsoft Office applications.