Exxon TDP vs Vitol Commercial Analyst
Hey everyone,
I’m in my final year of university and have an offer for ExxonMobil’s TDP. I’m also currently interviewing for a commercial role at Vitol, though it’s not on a trading track.
I’ve heard that moving into a trading role internally at Vitol can be quite difficult, as they tend to hire experienced traders from BP/Shell. In contrast, ExxonMobil seems to offer a clearer path to trading, provided I perform well in my rotations and pass the final assessment.
Given that my ultimate goal is to become a trader, would it still be worth pursuing the Vitol opportunity? Any insights would be greatly appreciated.
Thanks!
I’ve heard that Vitol will not promote you to a trader, they hire you for that role and that role specifically. If you want to become a Trader then obviously go to Exxon, no brainer as long as you pass the TDP, you will gurantee to become a trader.
Was already pretty set on Exxon, thanks for the confirmation
also heard this from someone that interviewed there for a non-trading role
Exxon and trading should not be uttered in the same sentence...
Why would you say that? Just curious
Forgot the mention in the original post, but Exxons Trading Department isn’t well developed compared to others. They have off and on gain relationship with Trading, with them not entirely committed to the trading cause. That being said, if OP wants to be Trader, just going on the Exxon TDP is the best path to become a Trader even if it’s Trading Department isn’t the best compared to its competitors. If I was OP, I would do the TDP trade a bit at Exxon and exit in Vitol or some other Trading House. I wouldn’t start at Vitol because they won’t giving trading seat easy as they can’t easily hedge a bad trade with physical compared to Exxon. You’re going to make mistakes as a junior trader and it’s better of to start where there’s more leniency.
Honestly you’re screwed either way
would take you minimum 6-7 years for you to be a trader at vitol vs a TDP be it Exxon, BP, Shell’s 3-4 year programme.
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if you’re good with people & your work, maybe they’ll let you do some risk but you aren’t changing your title anytime soon too with that “risk-taking” , and it’s more for hedging related or future based trading with minimal VAR allocated
as what others mentioned, you’re hired only for that role & that role in particular and it is easy for them to replace you as there are ‘000’s other graduates waiting to take that seat should you leave
Vitol no question. Odds it leads to a direct role as a trader at Vitol are slim but you actually learn how markets work and can go wherever you want afterwards. There is an incredible difference in managing an asset and trading in an asset light environment.
what if it was bp tdp instead of exxon tdp
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