Commodities: currently 153 jobs.The latest job was posted on 30 May 15.
Ultimately, a bank’s commodities activities are about the trade of physical goods, including metals, oil, and agricultural products like wheat, coffee and cattle. A complex and challenging sector to get into initially, the rewards for those who stick it out can be huge.
Sales is the customer-facing aspect of commodities. It includes building relationships with clients who might be looking to buy or sell commodities, and acting as a middleman between the customer and the trading colleague at the bank to complete the deal. Sales is about discovering what a client wants, and making it happen through the trader. While a financial qualification is beneficial, and sometimes necessary, commodities sales is more about building and maintaining working relationships, so it is vital to be a good communicator, with a combination of strong verbal and written skills.
Trading is where the deals are done. Trades originate from the sales team , and the traders use their knowledge of the market to buy and sell at the right times to make profits for the bank. Commodities traders need both a generic knowledge of financial products, because much of the trading involves derivatives such as futures, as well as an in depth knowledge of the specific commodity they’re working with. This is why you’ll find jobs listed on efinancialcareers.com that are specifically for metal commodities traders, or oil commodities traders for example.
Structuring is, perhaps, the most challenging area of commodities to get into, particularly as a new starter. However, while it is uncommon for banks to hire juniors within structuring, it’s not unheard of providing the individual has a strong mathematical background. The role of structurers is to create bespoke solutions that enable the client to manage the price at which they sell commodities they produce, or buy the commodities they need, so that some of the uncertainties they face are removed. An example would be structuring a product that enabled an oil producer to know in advance how much revenue would be generated from the sale of oil for the next few weeks, months or even years.
The Commodities Market
Whether or not now is a good time to jump onto the commodities bandwagon is something that’s up for debate. You may have heard that many major international banks, including Deutsche Bank and JPMorgan, have sold off parts of their commodities units due to regulatory pressures and a significant reduction in profits – a drop of around 9 billion USD in the past 5 years according to Bloomberg. This has led to job cuts within the sector. However, it’s also deterring some potential job seekers from heading down this route, resulting in fewer applicants per vacancy, and increasing the chances of finding employment within this branch of banking.
In the United States, commodities brokers are required to take the National Commodities Futures Exam – more commonly called the Series 3 exam – in order to work in commodities professionally. This is a requirement of two regulators, the NFA (the National Futures Association) and CFTC (the Commodity Futures Trading Commission).
My client, an established commodities institution, is seeking a Cross-Commodities Clearing and Execution person to join their team. You will work directly with the established brokers and sales people on the desk, assisting them in their daily operations.
Responsibilities for Cross Commodity Clearing and Execution – New York, USA position:
Assist the clearing and settlement processes across listed derivative markets; such as CBOT, CME, NYME, COMEX and other European exchanges
Deal with reconciliations and deliveries of the listed deri…
A leading energy business in the global trading markets are looking to expand their oil trading team in Houston. They are looking for a highly driven individual to join an established trading desk.
A global energy business are looking to hire a Senior Distillates Trader in Houston. They are looking for a highly driven individual to join an established global trading team.
Responsibilities for Senior Distillates Trader, Houston, Salary: Highly Competitive, (Distillates, Light Ends, Jet, Gasoline, Diesel, Oil, Physical, Houston, US, Tr…
We are a New York City based macro hedge fund.
We are looking for an experienced Quantitative Analyst to research and develop new trading strategies. The ideal candidate will be a mid-level professional who has at least 2 years of working experience.
Research and analyze market data to reveal underlying patterns, correlations and trends.
Help build and maintain our trading infrastructure dedicated to our strategies
Desired Skills and Experience:
Graduate degree, …
My Client, a tier 1 Investment Bank, in Manhattan has an urgent need for a strong Front-Office Quant eager to work on a cross-asset Quantitative Modeling team.
You would be using cutting edge mathematical and computational tools, to build next-generation front office models for the trading desk.
You will need to have very strong Mathematics (Stochastic Calculus, Advanced statistics, Markov and Non-Markov process, Monte-Carlo, etc), Excel/VBA expertise, C++ OR Python experience and a desire to grow and expand your skill set.
Job Requisition Number:40383
Bloomberg is building a world-class commodity analysis platform for its clients. We are attracting top talent from the industry to work with in this growing team helping expand our North American Natural Gas & Power offering. Your role will be to build analytical tools/models which can be used by our clients to help analyze the North American Natural Gas market. You will specialize in NYMEX or certain basis markets and develop yourself into a subject matter expert in the regions…
The Analyst will provide support to senior members of the Mining Finance Division in evaluating investment opportunities, conducting research, developing investment recommendations, participating in the execution of investments and on-going monitoring and management of investments.
This role sits within the Metals, Mining and Agriculture ('MMA') Mining Finance Division within Macquarie's Commodities and Financial Markets' ('CFM') Group. This is the principal division within Macquarie responsible for originating debt, equity and hybrid tra…
Due to their continued success and growing trading team, this firm is looking to grow their Core Java infrastructure team with software developers who have experience in designing large scale multi-threaded applications
A large, leading proprietary trading firm in downtown Chicago is seeking a talented Senior Core Java Developer to join their technology team. Due to their continued success and growing trading team, this firm is looking to grow their Core Java infrastructure team with software developers who have experience in designing la…
Castleton Commodities International, a leading Merchant Commodity Trading and Investment firm located in Stamford, CT is hiring an Administrative Assistant to support the Chief Financial Officer, Chief Risk Officer, Head of Dry Bulk Trading, as well as four additional senior level executives.
Castleton Commodities International, a leading Merchant Commodity Trading and Investment firm located in Stamford, CT is hiring an Administrative Assistant to support the Chief Financial Officer, Chief Risk Officer, Head of Dry Bulk Trading, as well …
Castleton Commodities International (www.cci.com) is hiring an Analyst in Houston, TX. This is a front office analytical role with the U.S. Natural Gas trading team covering the Gulf Coast.
We are seeking individuals with a minimum of two years’ experience working in a similar role covering either Natural Gas or Power The ideal candidate will have strong technical skills, be self-motivated, competitive and passionate about the energy commodity markets. This is an excellent opportunity to work with a best in class Natural Gas Trading team…
Global leader in business financing is looking for a Senior Economist who will be responsible for determining key economic risks with a focus on commodities prices, in support of risk management.
This person will be responsible for building models used to determine base case scenarios and stress case scenarios as part of their Comprehensive Capital Analysis and Review (CCAR) as mandated by the Federal Reserve. Candidates should have a PhD in Economics and 5+ years building models to determine various economic variables with a focus on Co…
Castleton Commodities International (CCI) is hiring a Reservoir Engineering Manager who will be a key member of the company’s management team in making investment decisions, developing assets and reporting results.
The responsibilities include (1) reservoir engineering support in a multi-disciplinary team to evaluate the acquisition and development of both conventional and unconventional assets, (2) preparation of budgets, forecasts and economics, and (3) preparation of internal and external reserve reports.
Castleton Commodities International (www.cci.com) in Stamford, CT is hiring a Compensation Analyst. This is an excellent opportunity to join an entrepreneurial, best in class global commodity trading and investment firm with significant exposure to senior leadership and various functions in the organization.
Assist in the administration of compensation plans, working with tax, finance, legal and outside counsel.
Work with the team members in HR and Tax to administer the year-end bonus process and salary review.
Seeking Director of Product Control/Financial Control to join the team. This role will be a key participant in expanding the capabilities and responsibilities of the Energy Markets Finance team.
Energy trading and marketing company specializing in providing natural gas and electricity supply, storage and transportation services, hedging solutions and structured transactions for customers.
Managing the deliverables, productivity, and efficiency of a 15 person team as well as indirectly managing a 10 person offsho…
Job Requisition Number:45752
We are seeking highly motivated people to join the Global Data Commodities team in Singapore. Our mission is to provide the highest quality data to the financial markets by promptly delivering accurate, reliable and comprehensive information to our clients. You will be responsible for monitoring and analyzing our coverage of commodities especially agriculture data in Asian markets. We are targeting dedicated, self-starting candidates with a passion for the commodities markets tha…
Job Requisition Number:45680
Bloomberg is involved in a wide variety of data coverage that contributes to the comprehensiveness, accuracy and timeliness of the Bloomberg product. The successful candidate will be expected to maintain various data elements relevant for the mutual funds & stakeholdings product supporting clients from Thailand.
- Researching, developing and maintaining the Asian Mutual Fund product.
- Read prospectuses', annual reports and various file types, to interpret the…
Our client is a global leader in the Shipping industry. They seek a Senior Financial Analyst to join the team in London
Our client is a rapidly expanding global Shipping firm.
Senior Financial Analyst
Build detailed and flexible financial and forecasting models to evaluate different capital structures and investments and presenting the results to Senior Management;
Evaluating and drawing conclusions on both financial transactions and financial statements.
Assess market forecasts and financial due diligence;
Support the CF…
2 x E/CTRM Senior/Principal Consultants - Energy Trading & Risk Management Firm - £65-£85K + 20-30% bonus
2 x E/CTRM Senior/Principal Consultants - Energy Trading & Risk Management Firm - £65-£85K + 20-30% bonus
An industry leading and award winning Energy Trading & Risk Management (ETRM) Consultancy is looking to bring on 2 Senior/Principal level Consultants following a successful period that has seen a huge increase in project pipeline. Their success is largely attributable to their ability to address the complex requirements of their…
Energy and Utilities Consultants and Managers – Industry-Leading Strategy Consultancy in Central London
One of the world’s most prestigious consultancies are looking to grow their Energy and Utilities practice significantly in 2015 off the back of an excellent last year in which revenues and projects exceeded all previous records.
Culturally they hire very bright people, with exceptional academic records from the world’s best universities. What sets this organisation apart from its competitors is the culture they have fostered internally …
Trading house in Singapore seeks an operation executive to join their team. This individual will cover the sugar products and work closely with the existing trading and operations team in assisting with logistics.
Responsibilities for the role:
Work closely with existing operations team to assist trading team with all logistic responsibilities.
Cover all trade input, documentation, settlements and reconciliation.
Coverage of the Asian markets.
Working closely alongside the logistics team and assisting traders in day-to-day operations…
A leading global commodities trading firm is looking for a senior quantitative analyst to work in their London based energy trading business.
• Validate models built in Python by the Quantitative Development team that include: storage, fixed/indexed swing options, interconnectors, tolling and option pricing models using the latest published research. Model validation involves: independent derivation of pricing methodology, prototyping, code review and documenting the results.
• Contribute to the development of a Python based Risk validati…
£90,000-110,000+ front office bonus and addtional benefits
My client, an established financial institution, is seeking a LME Clearing and Settlement Assistant to join their team. You will work directly with the established brokers on the desk, assisting them in their daily operations.
Responsibilities for LME Clearing and Settlement Assistant – London, UK position:
Assist the clearing and settlement processes across listed derivative markets; such as LME, ICE, CME, NYME, COMEX and other European exchanges
Deal with reconciliations and deliveries of the listed derivative markets
Working with syst…
Swisslinx, on behalf of our client, a physical trading company, is seeking a Financial Accountant/ Controller to join their finance team in Zug on an interim basis. The initial contract will be for around 4 months but there is a chance it will become permanent.
Your main duties will include:
• Review monthly closing activities
• Conduct intercompany reconciliations
• Formulate budget and review budget vs actual
• Cash flow forecasting
• Assist in an all-around accounting support function
In order to be considered as a potential candidate,…
Swisslinx, on behalf of a trading firm, is looking for a solid business unit CFO to join the team. This is a role that will be a challenging one, the client is growing quickly.
The main focus:
• Management of the closing and reconciliation on a monthly and yearly basis
• Cost allocation, management and variance analysis
• Financial forecasting
• Oversight of the unit’s risk protocols
• Ownership of system management and development
• Team management
The right candidate will have:
• A relevant education at university level, accredited acco…
Swisslinx, on behalf of a trading firm, is looking for a rounded Legal Counsel to join the team. The groups is a solid one with plans to grow, offering a challenging and rewarding place to work.
The main focus:
• Drafting of energy related contracts- both wholesale and trading
• Commercial negotiation and review of all contracts for the unit
• Support the daily operational work of the unit
• Internal and external stakeholder engagement
The right candidate will have:
• A first class legal education, bar admission is a benefit
• Experience …
Permanent, Full time
Posted on: 29 May 15