Precious Metals Trader

Job Description:

Job Title:

Precious Metals Trader

Location:

London

Corporate Title

: Director

In the world's financial markets, the Deutsche Bank Foreign Exchange team is recognised as a leader. The business combines sales, trading and research teams who structure a range of financial market products and market these to our targeted client base. Deutsche Bank trades all currencies, including G10, Emerging Markets and Metals, in all tenors.

You will be an integral part of the Global Foreign Exchange business in London. The Global Foreign Exchange (GFX) business is looking to hire a senior risk-manager for Metals in London. We are currently looking to broaden our reach in our Metals offering and look to maximise the value of our existing infrastructure by hiring Trading expertise.

What we'll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• Competitive salary and non-contributory pension
• 30 days' holiday plus bank holidays, with the option to purchase additional days
• Life Assurance and Private Healthcare for you and your family
• A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
• The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year

Your key responsibilities

• Responsible for directing and risk-managing the Deutsche Bank Metals portfolios in the European time zone
• Quoting the Bank's franchise in the region across a wide range of currencies and products, providing competitive pricing for clients in collaboration with traders in other locations
• Growing the Metals franchise (spot, forward, derivatives) and developing strong physical book
• Identify and nurture new opportunities and relationships with institutional and corporate clients
• Working closely with sales, structuring and clients to build and expand the Metals franchise
• Generating and pitching trade ideas and market colour for clients, actively seeking business opportunities and broadening the client base

Your skills and experience

• Proven years of prior work experience in Metals Trading
• Experience of pricing and managing Precious Metals Spot and Forward risk
• Knowledge of base metals trading and London metal exchange/ Chicago mercantile exchange approved warehouse exchange storage, exchange warrants issuance, warehouse receipts issuance
• Knowledge of the various products traded in the Spot, Forwards and Options Metals markets
• Strong understanding of market structure and existing relationships with participants and stakeholders
• Commercial focus, ability to take initiatives, and skills to solve complex business problems/ ability to articulate ideas confidently and concisely and be a team player

How we'll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named a The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Silver Award from Stonewall for two years running and named in their Top 100 Employers for 2023 for our work supporting LGBTQ+ inclusion.

Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.