I applied to Glencore's Commercial Graduate Program in Houston in July and have not heard back yet despite NYC already having a litany of rounds. I heard that this program may require prior commodity experience as those who are accepted are given the opportunity to take a trading assessment after 2 years. Is there any veracity to this? If so, is the only way to get into Glencore FO by first going to the majors and then having a headhunter reach out? Thanks.
| +16 | Networking Advice? | 6 | 5d | |
| +15 | Conduit CMBS - Analysis / Underwriting | 2 | 5d | |
| +13 | Academic Papers on Global Macro/Fixed Income trading | 9 | 1d | |
| +12 | DCM vs Financial Institutions Sales Rotation | 1 | 6d | |
| +11 | Basics of RT Power Trading | 1 | 1d | |
| +9 | Power trading | 4 | 10h | |
| +8 | List of Physical Commodity Houses? | 3 | 3d | |
| +6 | Experienced hire thinking of pivoting into S&T for the long run. Dumb idea? | 1 | 2d | |
| +6 | What all can I learn at an S&T desk?? | 1 | 5d | |
| +3 | Graduate Program at Oil Refinery - Preparation | 3 | 14h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, landing a position at Glencore, especially a trading role, requires a combination of persistence, networking, and demonstrating value. Here are some steps you might consider:
Persistence: Don't be discouraged if you haven't heard back yet. Hiring processes can take time, and it's not uncommon for some locations to move faster than others.
Networking: Building relationships with people already in the company or industry can be beneficial. They can provide insights about the company culture, the skills required, and potentially even refer you internally.
Demonstrating Value: Once you're in, even in a role like a Trading Assistant, it's important to show your value. Pay attention to the traders, their phone calls, and what they ascribe value to. Find creative ways to improve processes and fix problems.
As for the requirement of prior commodity experience, it's not explicitly mentioned in the context, but it's generally true that having relevant experience can boost your chances in any role.
Lastly, while it's possible that a headhunter could reach out if you're at a major firm, it's not the only way to get into Glencore. Persistence, networking, and demonstrating your value can also lead to opportunities.
Remember, every journey is unique, and there's no one-size-fits-all approach. Keep swinging from branch to branch, and you'll find your way!
Sources: Landed a position at Glencore straight out of Uni - Now how do I become a trader?, Trafigura Commodity Graduate Process, Physical Commodities Trading 2022 Graduate Program Megathread
Porro quibusdam ut explicabo illo. Explicabo facere temporibus doloribus non ad. Reiciendis omnis modi quo. Est voluptatem et numquam nulla pariatur vitae.
Doloremque debitis et quisquam qui omnis. Laudantium voluptatum optio assumenda consectetur et. Amet laborum et et repellendus repudiandae sequi sequi. Laboriosam harum dolor perspiciatis placeat doloribus magnam ut.
Deserunt autem at aperiam voluptatibus laudantium quis. Illo occaecati voluptatem rem fuga eos consequatur. Enim incidunt est suscipit voluptatum et. Dolores et commodi et labore sunt sed. Qui animi voluptas quis dolores dolor dolor. Aut et rerum velit molestias accusamus dolorem.
Autem occaecati excepturi aut enim eaque vitae omnis laborum. Ducimus blanditiis blanditiis sit. Necessitatibus doloribus nemo hic voluptatibus. Non ut hic et commodi earum reprehenderit. Consequatur tempore perspiciatis harum aut. Atque quia ad cum velit qui consequatur maiores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...