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Commodity Trader Junior PM (Metals &or Ags)


Job Location:

London - UK

Yearly Salary: GBP 2 - 6
Posted: 24 September 2026 (Yesterday)
Application Deadline: 22 December 2026
Vacancies: 1 Vacancy

Job Summary

Commodity Trader / Junior PM (Metals & Ags)

Commodity Trader / Junior PM Metals & Agricultural Commodities London Dubai Remote

A cross commodity fund is looking to add a trader - discretionary or systematic - in base precious metals or agricultural commodities - possibly someone operating as a number two within a pod ready to trade their own book or expand their existing mandate.

This is a principal seat. Comp is a serious percentage of the P&L you generate - starting at 20% profit share scaling higher through performance hurdles as the book builds.

The firm

A seasoned commodity trading operation with deep expertise across either metals ags softs or potentially energy . Active in derivatives across all major exchanges with a growing physical metals capability and the credit lines warehouse access and operational infrastructure to support it. Global reach lean structure and very little bureaucracy - they can move quickly when they find the right person.

What theyre looking for

A trader with a demonstrated ability to generate consistent P&L across different market environments - not someone whose track record is defined by a single macro event. Directional relative value prop and systematic styles are all on the table.

The ideal candidate has:

  • 515 years in commodity trading
  • A verifiable consistent track record - ideally $2m per year over recent years
  • Experience as a number two within a pod or a junior PM looking for more capital and autonomy
  • Strong risk instincts and active drawdown management
  • A clear reason to be looking now

Structure

  • Base: industry-competitive experience-dependent
  • Profit share: starting at 20% of P&L with performance-linked hurdles that increase allocation and payout
  • Initial risk allocation scaled to your track record; grows as P&L builds
  • Location: London Dubai or fully remote initially the team trades across time zones

Process

Three stages two of which can be done by phone. Decisions are made at principal level - if theres a fit they move fast. Target: offers before year-end.

If youre currently a number two looking to run your own book or a junior PM seeking a seat with genuine upside Id like to hear from you. Discretion is guaranteed.

Patrick Burlton Lodestone Global


Required Experience:

Junior IC