How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Base Metals Trading Associate – London
About the Role
The Base Metals Trading team in London is a critical part of Macquarie’s global commodities platform. Actively engaged in both financial and physical base metals markets, the desk trades across a range of instruments, including options, futures, and OTC contracts. Operated within a collaborative and entrepreneurial environment, the team applies fundamental, quantitative, and technical analysis to identify trading opportunities while delivering strong risk-adjusted returns and expanding Macquarie’s presence in global base metals Markets.
Macquarie, a global financial services group operating across 30 markets with 57 years of unbroken profitability, empowers employees to craft fulfilling careers that generate value. This role encourages expertise-driven contributions while fostering impact—and a better future.
Key Responsibilities
As a Base Metals Trading Associate, you will:
- Support trading activities across financial and physical markets, aiding in the execution of options, futures, and OTC products.
- Work closely with senior traders to analyse:
- Market fundamentals
- Price trends
- Volatility
- Assist in trade execution, position monitoring, risk management, and P&L tracking throughout the trade lifecycle.
- Play a key role in the build-out of the physical metals business—bridging financial and physical trading by:
- Developing insights into supply chains, market flows, and client activities to capitalise on opportunities.
- Gain hands-on exposure to:
- Live trading
- Client engagement
- Business development
- Secure increasing responsibility as the trading platform evolves.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Requirements & Skills
Those considering this role should align with the following criteria:
- 2–4 years’ experience in base metals, commodities trading, or a related field.
- Demonstrable interest/experience in physical business development, including identifying and originating opportunities in:
- Supply chains
- Asset flows
- Client origination
- Ability or potential to manage client interactions effectively, building and sustaining strong commercial relationships in physical markets.
- Strong understanding of:
- Market mechanics in both exchanges and physical supply chain operations.
- How physical flows impact pricing and liquidity.
- Proficiency in derivatives trading, including:
- Futures
- Options
- Ability to align financial instruments with physical market activity.
- Deep knowledge of supply/demand dynamics in base metals and tangible experience with trade flows.
- A commercially minded outlook, enhancing development within physically driven trading environments.
- Strong analytical, communication, and technical skills, with particular expertise in:
- Excel
- Bloomberg
- Client-facing and market-driven contexts.
Why Apply to Macquarie?
Career Development & Impact
Macquarie fosters a supportive environment where your insights drive career and business value.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Benefits
Eligible employees benefit from:
- Wellbeing support: 1 wellbeing leave day + 25 annual leave days.
- Parental leave:
- 26 weeks paid leave for primary caregivers.
- 6 weeks paid leave for secondary caregivers + 12 days transition leave.
- Family planning support: Paid fertility leave.
- Community engagement:
- 2 days paid volunteer leave + donation matching (up to £500/year).
- Financial wellness:
- Salary-sacrificing options.
- Comprehensive medical, life insurance, and employee assistance programme (includes counselling/behavioural health support).
- Learning & development:
- Flexible training to support membership/credentials.
- Emergency backup care services.
- Hybrid work flexibility (role-dependent).
- Home office equipment reimbursement.
Our Commitment to Diversity, Equity, and Inclusion (DEI)
Macquarie is dedicated to fostering an inclusive workplace, encouraging applications from individuals regardless of:
- Age
- Disability or neurodiversity
- Gender (including identity/expression)
- Sexual orientation
- Race, ethnicity, or national origins
- Religious belief or ordinary salary
- Socioeconomic background
If further adjustments are required—reasonable accommodations are provided both during recruitment and throughout employment. Let us know during the application process.
[Apply if you’re inspired to build a better future.]
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location