Job description
Some companies see diversity as a box to be ticked. We see it as fundamental to our success and we encourage a proper work/life balance. At ING, you will be judged on your performance in line with the Orange Code. And that’s a promise.
Department Overview:
The Commodity Trading desk is providing commodity hedges and risk management solutions. The main clients are corporates with hedging needs in the commodity space. The desk has a global presence with teams in New York, Singapore and London. The desk covers a wide product range, covering Energy, Base and Precious Metals and Softs&Agri's.
Main Duties and Responsibilities of Role:
- Actively follow developments in (paper) commodity markets;
- Continuously check and update relevant market parameters;
- Price indicative and firm quotes for clients;
- Actively contribute to IT developments for the desk
- Support senior traders in their daily routine
- Support portfolio owners manage the risk positions of the desk within the applicable limits and desk risk tolerance.
- 100% observance of all FCA requirements, industry conduct rules and ING Compliance standards.
- Produce daily PnL and research reports
Career Potential
- Increasing scope and responsibility in a growing trading book
- Possibility for STA or permanent assignment in other FM Trading locations
Candidate Profile
Qualification/Education
Essential:
- Educated to Degree level, within finance, economics, maths or science
Experience/Knowledge
Essential:
- Previous work experience in banking, trading or risk management roles
- Excellent Excel and numeracy skills
- Programming skills and ability to develop desk tools using VBA and Python is critical.
Desirable:
- Knowledge of regulatory changes and impact on trading activities.
Personal Competencies
Essential:
- Strong numeracy and analytical skills;
- Proactive behaviour and perpetual energy and drive to improve performance.
- Detail-oriented with the ability to make quick and accurate decisions in a fast-paced environment.
- Effective team player with good interpersonal and communication skills;
- Challenger of the status quo, always striving to do things more efficiently and effectively.
ING’s purpose is ‘Empowering people to stay a step ahead in life and in business’. Every ING colleague is given the opportunity to contribute to that vision. We champion self-reliance and foster a collaborative and innovative culture. The Orange Code is our global manifesto for how we stay true to our purpose and our tradition of reinvention and empowerment. It is made up of ING Values (we are honest; we are prudent; we are responsible) and ING Behaviours: (you take it on and make it happen; you help others to be successful; you are always a step ahead)
For us, success will only be achieved if we act with Integrity.
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