2023 Commercial Graduate Programme – Oil & Gas Division at Glencore

Posted 5 days ago

2023 Commercial Graduate Programme – Oil & Gas Division Glencore


We are searching for exceptional graduates with a genuine interest in commodities trading. We look for disciplined people who can demonstrate entrepreneurial ability, thrive on logistical challenges and can provide practical solutions to complex problems utilising mathematical and coding capability.


We are offering graduate vacancies in London, New York and Singapore to start in 2023 as part of our Commercial Graduate Programme and Associate Programme. 


Based within our dynamic trading environment, our training programme is structured to bring out the very best in you and give you the opportunity to excel in a commercial role, working alongside the very best people in the business. 


You will be trusted with individual responsibility from day one in a complex and demanding role, primarily within Risk or Analytics. Other commercial areas of the business include Operations.This approach equips our graduates with the highest levels of professionalism, personal ownership and commercial aptitude - the key ingredients for a successful career with Glencore.


Working at Glencore: commercial opportunities


Our presence at each stage of the commodity chain provides us with excellent market insight and access to opportunities. We are able to capture value at each stage, including extraction, processing, freight, logistics, technology, storage, marketing, risk management and financing. These critical areas of our business provide a wealth of commercial opportunities and career streams for our employees within the oil and gas business.


Our trainees work in the following areas


Risk management

Our risk managers work closely with front line traders and operators. Risk managers maintain physical and derivative exposure whilst assessing the accuracy and validity of mark-to-markets in order to produce profit and loss reports and risk metrics. They provide analysis ensuring that hedging is executed in line with our trading team’s strategy. 

Accuracy, confidence and exceptional analytical skills are key attributes in this area of our business. As a key member of the trading team, excellent communication and relationship management skills are required to maintain an independent view whilst also adding value by providing accurate data directly to the trading desk.


Oil analysis

Our trading analysts work directly with our traders to evaluate fundamental global market supply and demand across the barrel utilizing mathematical and programming techniques. Our analysts work closely with traders, shipping and IT, developing tools in order to deliver value to the business. 

Forecasting market trends and strategic global thinking are important skills. A good analyst will proactively form an independent view of the market and present clear and concise data to support this opinion. This data will be used to add value and inspire commercial strategy within the trading teams.





Trading operations

Our trading operators work alongside our physical traders and are responsible for the logistical and financial execution of each contract. This is a highly commercial role where attention to detail and precise communication are paramount. The operator has a material impact on every stage of the trade, from management of the shipping and transportation, legal and contractual considerations through to financial risk analysis and final settlement of the deal. 

A trading operator has a direct financial impact on the trading book and will work closely with the trading, chartering and financial teams in order to ensure that commercial value is maximised as well as mitigating operational risk.


Programmes Available


Graduate Programme

We are looking for individuals who graduate from university in 2023.


Associate Programme

Individuals who are early in their career with prior industry experience and are looking for a new opportunity are able to apply as part of the Associate intake. This would suit individuals who are able to commence in Q1 2023 or sooner.


Who we look for


Numerical aptitude is important, as is the ability to work well in a team and to think and act independently. We look for people with language skills and cultural awareness as diversity is integral to our business. 

Glencore requires individuals who have strong commercial acumen along with a committed ambition for a challenging and exciting career in the oil and gas markets. Successful graduates will be resilient and proactive in order to flourish in an environment that values adaptability.


Academic Requirements


Academic Requirements Undergraduates

  • Educated to Bachelor's Degree at 2.1 or above (Finance, Mathematics, Engineering, or similar)
  • Some relevant experience in the Finance, Energy or Oil industry
  • Ability to speak another language is desired but not essential.



Academic Requirements & Experience Associates:

  • Educated to Bachelor's Degree at 2.1 or above (Finance, Mathematics, Engineering, or similar)
  • Up to 2 years’ work experience.
  • Some relevant experience in the Finance, Energy or Oil industry
  • Ability to speak another language is desired but not essential.





Applications will close on 16th October 2022. Please be advised that the recruitment process will take place throughout so an earlier submission could result in an earlier decision on your application.