Business analyst in physical metals

I’m working with a leading global commodities trading firm on a greenfield ETRM transformation and looking for a Senior Business Analyst with strong physical metals experience. This is an opportunity to shape a strategic platform build, redesign end-to-end metals workflows and explore how AI and automation can transform trading operations.

• Work with trading, operations, middle office and technology teams to define business requirements.
• Own functional analysis across the physical metals lifecycle, including trade capture, pricing, warrants, inventory and settlements.
• Support the design of LME pricing, physical premiums, location differentials and provisional/final pricing.
• Contribute to MTM, P&L, inventory financing and repo workflow design.
• Identify opportunities to introduce AI agents and automation to reduce manual processes and operational risk.
• Translate business requirements into functional specifications and support testing, implementation and optimisation.

• Essential: Strong hands-on experience with physical metals trading workflows
• Strong understanding of LME pricing structures, warrants, inventory management and physical settlements.
• Experience with physical inventory valuation, MTM and P&L attribution.
• Previous experience working with an E/CTRM platform is required; experience with any ETRM or CTRM system is relevant.
• Experience gathering requirements and delivering functional solutions across business and technology teams.
• An interest in AI, intelligent automation and improving trading workflows.

• A great opportunity to join a greenfield transformation, influence platform design and help shape the future of physical metals operations.