Senior Trader

Who We Are:

Gerald Group is a leading private global metals trading company founded in 1962. Its business consists of the physical sale, development, trade and structured financing of commodities and commodity linked assets. Gerald is a diversified metals trader, across precious and non-precious metals and operates on a global basis and with mining and metals assets and facilities in various jurisdictions. The Group provides trading and investment solutions to both producer and consumer clients worldwide.

Position Summary:

Gerald Metals is looking for a Senior Copper Trader in our Stamford, CT office. The Senior Trader is responsible for sourcing and selling physical commodities and building and developing customer and supplier relationships.

Responsibilities:

• Executing and booking trades according to the copper platform and protocols.
• Responsible for copper risk strategy in conjunction with the Global Head.
• Initiates daily and monthly hedging positions against physical commodity purchase and sales contracts.
• Manage trading assistant group who interface with Accounting Department, Mid-Office and Risk to perform daily & month end closing for derivatives and physical positions.
• Initiate, develop and maintain trading strategy / positions
• Develop structured transactions involving physical commodity contracts.
• Manages trading assistant group to reconcile all account differences and margin requirements.
• Assist in formulating futures market trading strategies against physical trade position.
• Utilize sound risk management techniques to minimize overall risk for futures and physical contracts.
• Prospecting and generating new sales leads and growth through referrals, cold-calling and market research.
• Liaise between trading group, internal company departments, and OTC relationships.
• Attend client meetings and industry events (30-40% travel).
  
  
  

Requirements:

• Bachelors degree in business preferred
• Minimum of 5-8 years physical copper trading experience
• Domestic and foreign exchange exposure necessary
• Strong negotiation skills
• Detail oriented, organized, diligent
• Working knowledge of Word, Excel, Outlook
• Reuters and Bloomberg experience required
• Strong leadership skills with the ability to to be a pro-active problem solver
• Strong work ethic
• Ability to work under pressure
• Ability to work independently and as part of a team
• Excellent internal/external communication and analytical skills needed
• Ability to work in office 5 days a week
• Ability to travel