Commodities: currently 165 jobs.The latest job was posted on 27 Apr 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).
Job Requisition Number:45472
We have an exciting NY based opportunity for an experienced e-trading project manager. Join a global team responsible for buy side and sell side e-trading integrations covering Currencies & Commodities. The successful candidate will be a motivated self-starter, comfortable in a demanding, client-driven environment.
Responsibilities will include:
-Thorough knowledge of Bloomberg's Currencies & Commodities Integration offerings and capabilities that include:
-Market Making, Str…
Professional risk management for the agricultural supply chain.
Located in Chicago, for over 30 years, we have provided advice and brokerage services to traders worldwide in the futures, commodities, metals, currencies, energies and forex markets. Accurate risk-management, reliable clearing, top-notch research, trading insights and impeccable support define our services.
Ag Broker / Strategist
The Ag Hedge group provides professional risk management advisory for the agricultural supply chain. Working togethe…
A New York based software products and services company specializing in solutions specially designed for the Energy Trading and Risk Management space is looking for an experienced Risk Systems Solutions Sales Person.
A New York based software products and services company specializing in solutions specially designed for the Energy Trading and Risk Management space is looking for an experienced Risk Systems Solutions Sales Person. This firm has developed a suite of products, (analytics, risk, counterparty credit, portfolio optimization and…
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 LLC is hiring a part time Receptionist to cover the first half of the business day, 8 am EST to 1 pm EST, and occasionally the full day when required.
• Greet all visitors and follow defined sign-in procedures
• Receive all calls to the Stamford main line and relay to appropriate staff member
• Order and maintain office supplies
• Assist in the preparation of meetings, employee lunches, and other events as necessary
• Expense reporting
• Assist in the coordination of interviews when ne…
Established physical trading house with derivative platform is seeking an experience agricultural options trader to join their team. This individual will be responsible for managing an options book covering a specific product and work alongside other traders already in the team.
Responsibilities for the position:
- Develop profitable options volatility trading book.
- Provide risk management and strategy to an institutional customer base consisting of hedge funds, end users, producers, and trade houses.
This is not a normal opportunity. We believe that anyone has the potential to do great things given the right opportunities. We believe that a formal education should not be the sole defining factor in someone's life; it definitely shouldn't hold them back.
If you have decided not to go to university, you are excited by a career in commodity trading and you are happy to work anywhere in the world, we believe we can offer you an unparalleled opportunity. Even with a couple of years' work experience, if you are hungry, motivated to achieve …
Highland Capital has an immediate opening for a bright, hard-working individual to join our credit trading team as a Desk Analyst. The candidate should expect an evolving position that requires working with several different levels of the organization.
Highland Capital Management is an SEC-registered investment adviser which, together with its affiliates, has approximately $20 billion of assets under management. Founded in 1993 by Jim Dondero and Mark Okada, Highland is one of the largest and most experienced global alternative credit man…
This position is responsible for Daily Profit and Loss, position reports, and reconciliations of commodity trades. This is an exciting opportunity to lead a Houston based P/L team that has significant exposure to trading, operations, market risk, and finance.
The Houston team covers a diverse set of products/trading desks including Natural Gas, Natural Gas Liquids, Refined Products, and Fuel Oil.
• Performing the daily reconciliation of complex trading strategies for various commodities and locations: identifying…
This position is responsible for the timely and accurate reporting of the Profit and Loss on a daily basis. This position works closely with traders, schedulers, confirmations, settlements and product control to ensure that all transactions and market indicators are correct in CCI trading systems.
• Performing the daily reconciliation of complex trading strategies for various commodities and locations: identifying and reconciling differences while adhering to strict daily deadlines
• Generating the daily PNL Esti…
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…
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…
SIG is looking for an Electricity Strategist to join our team.
Susquehanna International Group, LLP (SIG) is currently searching for an Electricity Strategist to help strengthen our trading expertise in the North American electricity markets. This position is new to the firm, and is a great opportunity to work for a growing trading desk while helping to identify actionable trading opportunities. The successful candidate will be a demonstrated problem solver capable of working with large data sets and analytical software to arrive at rel…
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…
Castleton Commodities International LLC is hiring a Confirmation Analyst for their Houston, TX office. The Confirmation Analyst role would include confirming trades relating to physical and financial natural gas as well as coal and power.
Primary Responsibilities would include but not limited to:
• Generation of confirmations in a timely manner
• Deal verification / broker checkout
• Identifying and resolving discrepancies with counterparties on a timely basis
• Chasing counterparties for outstanding confirmation
We are currently looking for a talented IT Business Analyst for the soft commodity sector in Geneva (oilseed and grains). This is a unique opportunity to join one of the major player of the industry in Switzerland.
Team Trade, a Synechron’s company, is a leading Business Consultancy and IT Services Company dedicated exclusively to the financial services industry. Founded in Paris in 2000, Team Trade went on to open subsidiaries in Geneva, Luxembourg, Milan, London, New York and Sidney to cover the European, North American and Asian market…
Our client, a global investment bank, is looking to recruit a Compliance Director for the Commodities and Financial Market (CFM) Group in New York.
You will be responsible for managing all compliance matters as they relate to the Firm's Commodities and Financial Markets Group (CFM) with a specific emphasis on products related to Fixed Income, Currencies and Commodities (FICC). As a senior management member you will provide advice to key business stakeholders and senior desk supervisors.
The ideal candidate will have:
Extensive CFM comp…
A Premier International Bank in Manhattan is seeking a full time, permanent, Credit & Collateral Specialist:
JOB DUTIES / RESPONSIBILITES:
Daily interaction with account managers, risk management, commodity trade services (LC department), loan operations, credit support (department processing legal security documentation) and above all the clients.
Independently assess client financing requests by:
Administering the intraday collateral position in Oasis system by creating / removing / adjusting collateral o…
The Desktop Support Engineer is a hands-on member of a team responsible for companywide desktop, mobile, and application support including Windows and software including trading systems, and other applications. This is an internal facing role and requires prioritization, responsiveness, and customer service, requiring excellent communication.
My client is a leading merchant energy company and an active participant in the global markets for energy commodities.
Ability to interface with all levels of employees, t…
The Commodities Equity Analyst will join HMC’s Commodities team, which allocates risk capital across liquid commodities and commodity equities.
Harvard Management Company (HMC) provides world-class investment management focused solely on generating strong results to support the educational and research objectives of Harvard University. Located in Boston’s financial district, we currently manage endowment related assets of approximately $36 billion. As a leader and pioneer in our unique approach to endowment management with our hybrid mo…
Our client, a leading Energy company, is seeking an experienced Project Manager to work on a number of Product Control and business focused projects on a permanent basis.
The Project Manager is a lead point of contact within the Business Control & Finance department to lead the development of tactical and strategic solutions.
The successful candidate will have the following experience:
• Extensive experience in mature commodity trading entities in the design and development of product representation in trading systems
• Expert experience …
You will have a crucial role in the front-office. Sitting with the traders you will be part of the front-office and use your analytical skills to develop trading strategies and generate business.
Our client is a middle size energy company located in Nordrhein-Westfalen that is expanding and currently looking for an experienced
Power Trading Analyst (m/f)
Work closely with the power trading team to develop fundamental and quantitative cross-border trading strategies
Analyse and model power markets in continental Europe
• Wide product exposure • Excellent career advancement opportunities
Our client is a growing regional bank with unrivalled global network and level of expertise. It is currently looking for a passionate and talent individual to join its expanding Operations Control team in Singapore.
Your responsibilities include:
Performing an overall supervisory function of the control environment of the Operations department
Driving the framework, oversight and monitoring of the control environment
Accurately identify and coming up with solutions to m…
A European Energy player is looking for a Project manager, with a background in Agile and Scrum methodologies.You will be responsible for the direct and matrix management of up to 15 people to ensure end to end production/completion of all of your projects.
Junior & Senior Project Manager / Scrum Master – Commodities Trading
A European energy player is looking for a Project manager capable of handling projects up to £2 million at any time. You will be responsible for the direct and matrix management of up to 15 people to ensure end to end…
Permanent, Full time
Twenty Recruitment Group
Posted on: 27 Apr 15