Trader - Metals Recycling

1 week ago


St Louis, United States I.K. Hofmann USA, Inc. Full time

Metals Trader - non-ferrous metals - Metals Recycling


Objective of the Position:

The Metals Trader will be responsible for buying and selling non-ferrous metals, managing trading activities, and maximizing profitability through strategic market analysis and trading decisions. Compensation range is $150k to $190k base DOE + bonus.


Main Responsibilities:


Market Analysis:

  • Conduct thorough analysis of metal markets, including supply and demand forecasts, price trends, and market fundamentals.
  • Stay updated on global economic indicators and geopolitical events that impact metal prices.
  • Utilize financial instruments such as futures, options, and ETFs to hedge risks
  • Execute trades in ferrous and non-ferrous metals on commodity exchanges or through over-the-counter markets.
  • Manage a portfolio of metal assets, ensuring optimal performance and risk


Relationship Management:

  • Build and maintain relationships with suppliers, buyers, and other market participants.
  • Negotiate contracts and pricing with suppliers and buyers to secure favorable terms.
  • Collaborate with internal teams, including logistics, finance, and compliance, to ensure smooth trading operations.


Risk Management:

  • Monitor and manage trading risks, including market, credit, and operational risks.
  • Implement risk mitigation strategies to protect the company’s trading positions.
  • Ensure compliance with regulatory requirements and company policies.


Reporting and Documentation:

  • Prepare and present regular reports on trading performance, market conditions, and risk exposure.
  • Maintain accurate records of all trading activities, contracts, and transactions.
  • Provide insights and recommendations to senior management based on market analysis and trading performance.


Qualifications:

  • Bachelor’s degree in Finance, Economics, Business, or a related field; or equivalent combination of education and experience.
  • Experience in metals trading, preferably in both ferrous & non-ferrous markets.
  • Proficiency in using trading platforms and financial analysis software.



Interested candidates contact jamie.comiskey@hofmannusa.com


ABOUT US: I.K. Hofmann USA offers staffing & HR services in sectors like light industrial, automotive, aviation, logistics & professional. As an ISO 9001 certified firm, we prioritize service quality and deeply care for our employees. Founded in Germany, our parent company I.K. Hofmann GmbH, is a woman-owned business with branches across Austria, Czech Republic, Germany, Italy, Slovakia, Hungary and the US. We are proud to be an equal opportunity employer and celebrate our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, Veteran status, or any other protected classes. Must be eligible to work in the United States for any company.


By entering my mobile number and by submitting this application, I give my express written consent and agreement to receive text messages from, or on behalf of, I.K. Hofmann USA, Inc. at the mobile telephone number provided for employment or potential employment-related communications, notices, and updates, including via an automatic telephone dialing system. I further understand that my consent is not required. Standard message and data rates may apply. To opt-out of text messaging, reply STOP any time. For California residents, please see our Employee and Applicant Notice at Collection and Privacy Policy.


#recycling #recyclingjobs #metalrecycling #scrapmetal



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