Physical Metals Trader

Overview

In this role you will build a scalable physical metals trading and supply chain platform within StoneX Supply & Trading. You will leverage existing infrastructure in LME base metals and ferrous derivatives to grow a profitable book across geographies. You will work with risk, compliance, and client onboarding to bring counterparties to executable limits. You shape the business plan and drive market entry by metal, region, and structure.

Responsibilities

• Build and expand a global physical metals platform by leveraging existing LME base metals and ferrous derivatives capabilities.
• Oversee booking systems, trade capture, confirmation, and logistics across multiple commodity classes and geographies.
• Manage capital and financing through internal equity and banking relationships; maintain legal entity infrastructure across multiple jurisdictions.
• Support middle and back-office functions including settlements, accounting, and control.
• Maintain a robust control environment with market risk, credit, compliance, legal, and technology.
• Lead business build-out and strategy with cross-functional teams, including risk and trade support; identify trade opportunities and pricing structures.
• Engage with brokers, consultants, counterparties, and internal departments to onboard new clients and execute limits.
• Define strategic opportunities (off-take, asset optimization, tolling, procurement) and shape the growth roadmap with senior leadership.
• Direct day-to-day operations of the metals team, including recruitment, mentoring, and stakeholder communication.
• Represent StoneX credibly in markets and at industry events.

Key requirements

• Minimum 10 years in relevant base and/or ferrous metals trading.
• Demonstrable track record of generating P&L in physical metals merchanting, with market references.
• Deep understanding of hedging and trading futures, OTC, and options, including LME contract mechanics.
• Working knowledge of physical supply chain mechanics (Incoterms, warehousing, warrants, assay, weight/quality risk, freight, trade finance).
• Existing relationships and reputation with producers, consumers, traders, and financiers.
• Strong judgment in assessing opportunities and risk.

• leadership
• clear communication
• mentoring and people development
• LME base metals and ferrous derivatives knowledge
• futures, OTC and options hedging
• trade capture and booking systems

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