glencore commercial risk graduate program - tips

Based on the most helpful WSO content, here are some tips to prepare for the Glencore Commercial Risk Graduate Program assessment center:

1. Understand the Company and Industry:

   • Deep dive into Glencore's operations, trades, offices, strong points, success stories, and failures.
   • Familiarize yourself with the commodities market, especially oil, natural gas, and other relevant commodities.

2. Technical Knowledge:

   • Brush up on trade finance techniques and hedging strategies.
   • Consider reading "Oil 101" to get a basic understanding of oil and derivatives.

3. Interview Preparation:

   • Be ready to discuss your knowledge about Glencore and the commodities market.
   • Prepare to answer questions about your background, why you are interested in Glencore, and what you know about the role.

4. Simulation Exercises:

   • If there is a trading simulation, be prepared for scenarios involving commodities like oil and natural gas.
   • Practice using trading simulators if possible to get a feel for the platform and types of decisions you might need to make.

5. Behavioral Techniques:

   • Prepare for behavioral questions by reflecting on your past experiences and how they relate to the skills needed for the role.
   • Use the STAR method (Situation, Task, Action, Result) to structure your answers.

6. Networking and Insights:

   • If possible, connect with current or former employees to gain insights into the assessment process and company culture.

Good luck with your assessment center!

Sources: Trafigura Commodity Graduate Process, Landed a position at Glencore straight out of Uni - Now how do I become a trader?, Shell Trading Development Programme Assessment/Interview, Physical Commodities Trading 2022 Graduate Program Megathread, Glencore Trading Simulation