Career progression at commodities shops
Everyone talks about scoring a trader role at Glencore, Vitol, Trafigura etc after a few years in ops seats.
So what happens after you become a trader at one of those places? What's the trajectory going forward? Not just in terms of money but general career progression.
Do these places operate in a flat structure? AFAIK, they don't really have any similar hierarchy to associates-VPs-directors or anything like that which you'd find in other professions in finance, law, consulting and so on.