72 Comments
 

Where did you read about the preselection period? I've only read that they intend to extend invitations for the next round before the New Year

 

They wrote on the job offer : 

Screening & Assessment (Up until December 15, 2023): Our recruiters will diligently screen applications as they are submitted and match the information to our selection criteria.
 

  • Assessment: If your application passes the initial review, you'll be invited to participate in our online assessments. Here, we get to see your numerical, cognitive ability, and problem-solving skills.
  • Initial Interview: Successful candidates from the assessments will proceed to an interview where we'll discuss your qualifications, experiences, and your passion for the commodities trading world.
 

Anyone have numbers for comp for trade/supply and quant analyst?

also, does the quant role lead to trading down the line, or will you get siloed into a research team?

 

Looks like offer are out. For those who went through the process, how was it and what was it like? 

 

Long and drawn out. It felt obvious this was their first time doing this with multiple timelines given that ended up being wrong. That being said, this is probably the least competitive year it's going to be. Timeline has already been moved up a month for next year's cycle, and is now closer to Trafi's & Glencore's timeline. Not sure how all the super days went, but Houston's Trading & Supply Chain was relatively straightforward. You had opportunities to discuss the market, ask intelligent questions, and show off your fundamental knowledge. No one commodity was centric, and being able to talk about all of them seemed important. The traders interviewing people seemed to genuinely enjoy it too, which was nice compared to the mixed bag in banking. Wide variety of backgrounds for candidates - some were in their final year of undergrad, others wrapping up MBAs/Masters, some had 1-2 years of experience in energy already, and some were Gunvor interns the prior summer. 

 
Most Helpful

Read Trafi's other white paper on the economics of commodity trading firms. Edward's Energy Trading & Investing is also a good overview. The books The World for Sale and The King of Oil are also relevant - plus you'll probably find them personally interesting if you want to work in energy commodities. You should know where WTI, Brent, and HH are trading at and what's been driving them. Have a substantiated opinion on where they're going. Know the macro landscape and when news items hit the tape (eg FOMC, CPI, etc.). Know your stats well. One of the things that helped separate me was stats, experience with R, and ability to succinctly explain basic stuff (eg what's r^2 actually mean). Dig into anything that interests you when it comes to the infrastructure (eg difference between Panamax vs Suezmax vs Aframax, or what's more economical/faster pipeline or boat?). McKinsey's Refinery Reference Desk has short definitions on a ton of relevant things (eg. different grades of crude + their gravity & sulfur, or what's the difference between an FCC vs coker?)

 

Hi! Anyone applied for the data science/quantitative analytics grad role? Would be grateful if you could share how your superday went and how we could prepare for it!

 

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