Precious Metals Sales Trader

Precious Metals Sales Trader

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

We are seeking an experienced Precious Metals Sales Trader to join our commodity franchise. This role will focus on developing and managing corporate and institutional client relationships while delivering execution and risk management solutions across the precious metals complex.

The successful candidate will combine deep market knowledge, strong client relationships, and proven revenue generation across gold, silver, platinum, and palladium markets.

Responsibilities:

• Develop and manage relationships with corporate clients and institutional clients.
• Provide execution and market color across the precious metals complex, including spot, forwards, swaps, and options
• Originate and structure hedging and investment solutions tailored to client needs
• Work closely with trading, structuring, and risk teams to price and execute transactions
• Generate and communicate market insights, trade ideas, and liquidity opportunities to clients
• Expand the firm's precious metals client franchise through new client acquisition and cross-selling opportunities
• Maintain a strong understanding of macro drivers impacting precious metals, including interest rates, currency markets, and central bank activity
• Ensure adherence to risk, compliance, and regulatory requirements

Qualifications:

• 8–15+ years of experience in precious metals sales trading role
• Established relationships with corporate and institutional metals clients
• Strong knowledge of precious metals products, including spot, forwards, options, and structured solutions
• Demonstrated track record of revenue generation and client franchise development
• Excellent communication, negotiation, and client management skills
• Ability to operate in a fast-paced trading environment with strong commercial judgment
• Bachelor's degree required; advanced degree preferred

Preferred Experience:

• Experience at a global investment bank, bullion bank, or major commodity trading firm
• Strong familiarity with LBMA market structure and liquidity venues
• Knowledge of OTC derivatives and structured metals products

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $194,225.00 - $228,500.00