We are seeking a highly analytical and detail-oriented Trading Assistant to support our client's FX and Metals trading activities. The role focuses on managing daily hedging execution, exposure monitoring, pricing support, and trade lifecycle coordination for our physical trading operations. This position is ideal for someone with strong numerical skills, an understanding of financial markets, and an interest in commodities / metals trading.
Key Responsibilities
Hedging and Trading Support
• Assist traders in executing FX and metals hedges (forwards, swaps, futures) aligned with physical exposures
• Monitor daily pricing, market moves, and hedge effectiveness
• Prepare and update exposure sheets across currencies and metal positions
• Support execution of LME, CME, LBMA, and FX market transactions under trader instruction
• Track PnL impact of hedging strategies and suggest improvements
Trade Lifecycle Management
• Ensure accurate capture of trades in the ETRM / treasury system
• Verify trade confirmations, broker notes, and settlement instructions
• Coordinate with middle office, risk, operations, and finance teams to ensure smooth processing
• Support reconciliation of physical vs paper positions
• Assist with FX funding, rollovers, and liquidity planning linked to hedged sales/purchases
Analysis and Reporting
• Produce daily and weekly market reports for the trading team
• Maintain dashboards covering inventories, exposures, pricing curves, and mark-to-market
• Analyse basis risk, currency mismatches, and hedging gaps
• Support traders with ad-hoc analysis, scenario modelling, and decision-making tools
Risk & Compliance
• Adhere to internal limits, risk controls, and compliance policies
• Follow delegated trading authorities and escalation procedures
• Assist in preparing documentation for risk committees and internal audits