Mission: How we're ADVANCING TRADE around the world ?
Trafigura helps make trade happen. We move physical commodities from where they are plentiful to where they are mos needed - reliably, efficiently and responsibly.
Trafigura is one of the world’s leading independent commodity trading and logistics houses. We’re at the heart of the global economy. Every day and around the world, we are advancing trade – reliably, efficiently and responsibly. We see global trade as a positive force and we go further to make trade work better.
As one of the world's largest independent commodity trading houses Trafigura is at the forefront of our industry. We use market knowledge, logistics and global resources to move physical commodities where they’re needed when they’re needed. We develop markets, invest in infrastructure, build bridges and cement alliances to reduce the cost of trading and increase service levels.
Trafigura is one of the world’s leading commodity trading firms. We are leveraging our experience and expertise to develop a more responsible business.
It is exacting, challenging work and we are looking for the best in the business. We offer exciting opportunities for progression and development in the international arena. Ability and commitment are well rewarded. Every Trafigura employee has a part to play in shaping our work ethic and developing our strategy. For the right person, there is the chance to make a real difference as part of a global organisation.
Our 'Future Talent' development programmes have been designed to identify and develop the strongest candidates with the highest potential, providing immediate and thorough exposure to some of the most exciting, interesting and successful trading and financing strategies on the global market coupled with the support and training that is required to flourish. The environment is highly demanding and candidates who approach the learning process with real passion and commitment will quickly see the benefits of gaining an established foundation from which to catapult their career.
Job Responsibilities - You will become accountable for your own work, as management will trust you to perform without babysitting. I consider this a huge pro, as micromanagement is a nonissue. However, the training wheels come off almost instantly, so when you do have to answer, and do not know the answer, you will face very harsh negative criticism. If you can learn to accept/cope with the emotional component, you will become a master of your craft. Once you begin to pick up components, you’ll be asked to pivot to new and greater responsibility very quickly.
Culture - You will develop close relationships with your coworkers, cultivating a strong sense of camaraderie. This is a huge pro. Every shop is not like this.
Structure – Trafigura is very flat, and access to the top is truly just an email away. Nobody is really unapproachable. This company exemplifies globalization, which I really enjoyed, often collaborating with my counterparts in Calgary, Montevideo, Geneva, Singapore, and Mumbai.
HR – Trafigura has amazing benefits, and compensation and bonus are higher than industry standard. If you work in a MO or commercial role, you may (more likely than not) be asked to relocate globally. Understand this means both commercial offices and back-offices, and that compensation can be adjusted both positively and negatively for cost-of-living.
Job Responsibilities – Training is a completely independent, very steep, very difficult learning curve. Consequently, you will struggle both intellectually and emotionally. This is the accepted attitude toward training at Trafigura, and it will probably take a toll on you. The expectation to pivot frequently between job responsibilities will mean this process will continue throughout your career there. This can be a pro or con depending on where you are trying to take your career at Trafi. In any case, the process is not particularly pleasant for anyone. Bravado will not be well-received right out the gates, and the faster you come to the terms with the fact that you know nothing, the faster you meet your opportunity to learn.
Culture – Camaraderie is strong and you will develop great friendships/industry relationships, but often born out of contempt for other coworkers. The work environment can be very aggressive and hostile, and is often focused on pushing blame around to different teams. As a result, turnover is constant, with almost a 50% change in staff on the commercial side annually, due to both firing and quitting. In other words, your team members one year from when you begin will largely not be the same people you started with.
Structure – Be wary that working for a global company also means working global hours, and adjusting to organizational behavior expectations across cultures. I didn’t consider this to be a huge con, but if you prefer a more traditional work schedule, and a homogeneous/American work ethic, this component may be worth consideration.
HR – Though compensation is very good, you will work very long, strenuous hours. HR has no authority to police, so do not expect any resolution to sticky HR-related conflicts/situations. Depending on the situation, this may or may not be a condemning factor.
Advice to Management
Trafigura is unique and thrives because of the way it is structured. However, in the evolving energy climate, may be beneficial to home-grow more traders, as they will best understand the way PnL is optimized through the company's systems & assets.
To the job seeker: I reflect on these pros/cons in hindsight, but just be aware that reaping the benefits of each of these components comes with developing a lot of physical and psychological fortitude.
Applied online. Got a phone call and first round interview out of the blue, and invited to the final round at the end of the call. Final round was fairly strait forward, some technical questions.
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