A leading corporate banking and capital markets organisation is seeking a Commodity Trader Graduate to join their team in London.
Commerzbank Corporates clients (CC) is the integrated Corporate and Investment Banking division of Commerzbank AG.
CC provides corporate and institutional clients with a broad range of commercial and investment banking products. It provides clients with capital and debt raising solutions and offers its customers access to a broad range of investment and risk management products across all major asset classes.
The Commodity trading team within Financial Markets (FM) is a product specialist team with the responsibility of Market making and risk managing the whole Commodity products suit of the bank. This includes Precious metals, Base metals, Oil & Gas, Power, Carbon and Agricultural products.
Our clients are corporates who manage their commodity price risk; and their banks that act as their counterparties when Commerzbank has no relationship with the end-client.
We design complex Commodity trading strategies to maximize the value of our client franchise and optimize the P&L for the bank.
The role will be as a Graduate – Commodity trader and involve:
Work with senior traders to produce risk management and P&L reports.
Pricing of all commodity payoffs following sales requests.
Work with senior traders to produce risk management and P&L reports.
Use VBA programming or similar language to support the automation of daily trading tasks.
Idea generation: keeping on top of market, political and economic trends, developing an understanding of relevant issues in the market, and conveying this understanding to sales, in order to facilitate the sales process.
Structure, price, trade and manage positions on Commodities in order to exploit and develop the bank's core client franchise in a risk controlled, capital efficient and cost effective manner.
You will be responsible for effectively market making, managing risk and keeping senior staff informed of current risk positions, being up to date with the rules and regulations of the markets and exchanges in which you trade and ensuring an accurate mark-to market of the trading book at all times.
Typical activities will include monitoring of current market levels and competitor pricing, marking the trading books and making available such market data across the Commodity platform, reconciling and ensuring accuracy of Risk and Profit & Loss figures on a daily basis.
Moreover, you will need to develop technical, market, product and technological expertise in a fashion consistent with the strategic aims of the business and coordinate projects, monitor performance against objectives and ensure timely delivery. Graduated in the last 12 months or graduating in 2025.
1 UK bachelors degree (or equivalent)
Strong commercial mindset and high communication skills.
Business knowledge from a previous internship within Financial Services
Knowledge of Microsoft Office
Experience in at least one programming language (VBA, Python, etc…)