Commodity trading apprenticeships
Funnily enough, commodity brokers deal in physical commodities. Essentially, these expert traders broker commodity contracts on behalf of companies. Commodity trading apprenticeships working for investment banks, clearing houses and broking companies, they trade financial derivatives based on commodities such as oil, gas, metals and food products. On a day-to-day basis, commodity brokers are responsible for surveying international markets, conducting research and keeping up-to-date with the latest financial news.
They then get stuck into trading commodities for their clients. Commodity brokers also provide expert advice commodity trading apprenticeships their clients, as well as implementing hedging strategies for them. Furthermore, commodity brokers spend a large part of their time visiting suppliers, meeting with clients, and overseeing logistics arrangements for them.
Finally, they are also responsible for building relationships with potential clients and developing new business opportunities. Brokers are also usually given sizeable bonuses and commission payments based on performance. Aspiring commodity brokers should be ready commodity trading apprenticeships a career with lots of stress and pressure. Expect early starts and late finishes. Different markets operate at different times, and this will therefore have an impact on your specific working hours.
Investment banks, commodity broking companies and clearing houses only tend to recruit the very best graduates. Candidates with a degree in any subject can commodity trading apprenticeships this line of work. If you study a relevant subject, such as business studies, economics, maths, commodity trading apprenticeships, operational research or accounting, you may stand a better chance of securing an entry-level position.
Completing an internship or work experience placement with an investment bank or clearing house is a great idea, and pretty much essential for entry into this competitive area of work. Many commodity brokers start their careers as part of a graduate scheme. These training programmes tend to last around two years. If you are accepted onto a graduate scheme, the majority of your training will be done whilst on the job under the supervision of senior brokers.
You will also have the opportunity to attend in-house training sessions from time to time. Commodity brokers must commodity trading apprenticeships registered with the Financial Services Authority before they can start trading, which means passing a number of exams.
As you gain more experience and move up the career ladder, you will become an associate and then a senior associate. Some people eventually move into director-level roles. The international nature of trading means that you may also get the opportunity to work abroad at some point in your career. What about all the good times we shared? Ok, before you go, just tell us one thing…. Cancel account I've changed my mind. Working hours Aspiring commodity brokers should be ready for a career with lots of stress and pressure.
You may also be required to travel internationally from time to commodity trading apprenticeships. Entry Investment banks, commodity broking companies and clearing houses only tend to recruit the very best graduates.
If you have decided not to go to university, you are excited by a career in commodity trading and you are happy to work anywhere in the world, we believe we can offer you an unparalleled opportunity. Those selected will be offered the chance to start in either Houston or Singapore.
Simply put, opportunities at the end of the programme are unlimited, whether commodity trading apprenticeships ultimately be in trading or management. Depending on the commodity trading apprenticeships you are assigned to, you could play a role in charting the course of vessels carrying uptonnes of product, given the responsibility to manage the price risk on cargoes worth over USD 40 million or even put in charge of financing commodity trading apprenticeships deals at one time with a combined total worth of over USD million.
There is no shadowing or making tea. From commodity trading apprenticeships one you will be a part of the team and expected to contribute as such. You will be supported fully throughout the programme to ensure you learn and progress as quickly as you can. Your salary and benefits package will be competitive and, in addition, we will support your accommodation costs over the duration of your time on the programme if required - wherever it is in the world that you will be working commodity trading apprenticeships.
With a concrete support system from a dedicated manager, recent graduates, programme leads and global heads of function, we will give you real responsibility ensuring unrivalled exposure to the global trading industry. Yes, it will be tough. The learning curve will be steep and we will expect a huge amount from you in a very short space of time.
Fluency in English is a requirement. Fluency in an additional language is a huge advantage. We want you to be sure you are applying for the right reasons. Here are some questions you can ask yourself to see if this programme is right for you:. If you think the programme is the right opportunity for you and Trafigura the right company, congratulations! Go ahead and apply. When applying, take time to think about what you are writing, you can always come back to the application later, discuss this with friends, family, anyone who can advise you.
Some of the questions you will asked on application: We use this to see how you commodity trading apprenticeships with numbers and complex concepts. This test is not meant to catch you out.
It commodity trading apprenticeships only take about 30 minutes and you can even take trial tests before just so you are sure of what to expect. At Trafigura we commodity trading apprenticeships big personalities, people who are hungry, driven and commodity trading apprenticeships to succeed, but most of all we like people who are friendly and take care of each other and the people they work with. Commodity trading apprenticeships want to hear from you directly. This is your opportunity to tell us what makes you someone that will succeed at Trafigura.
We want to know what interests you, what you are passionate about. If you are lucky enough to be invited to the assessment center - congratulations! This is the final part of the selection process. We will take a small group of Trafigura managers and traders to meet with you. The day will consist of:. This is your opportunity to ask questions. Home Careers Apprenticeship programme. Minimum Requirements or global equivalent: Application We want you to be sure you are applying for the right reasons.
Here are some questions you can ask yourself to see if this programme is right for you: Have you researched the industry? Do you know what commodities trading is? Have you read about the Trafigura graduate programme?
Do you know the difference between physical and paper trading? Are you globally commodity trading apprenticeships, do you want to live and work in different parts of the world? Do you like high pressure environments? Do you like working in big teams? Are you comfortable with big numbers and complex concepts? Do you like solving problems? Are commodity trading apprenticeships a fast learner? Do you take ownership of your own projects? Do you take responsibility for your own mistakes?
Do you like looking at things on a massive scale as well as understanding the finer details? Do commodity trading apprenticeships have a strong personality but are still able to listen to others with an ability to communicate effectively? What interests you about the commodity trading industry? What motivates you about working for a global company?
What qualities do you think makes a successful trader at Trafigura? Please give an example of a recent global news story that you commodity trading apprenticeships found particularly interesting and why?
Please tell us about yourself. Telephone Interview At Trafigura we like big personalities, people who are hungry, driven and motivated to succeed, but most of all we like people who are friendly and take care of each other and the people they work with. Assessment Centre If you are lucky enough to be invited to the assessment center commodity trading apprenticeships congratulations!
The day will consist of: A presentation so we can tell you more about what we do commodity trading apprenticeships how we do it.
Meet a Trafigura apprentice. Demystifying the role of commodity traders. Demystifying the role of the operations team within a commodity trading firm.
How physical arbitrage works. How a trade is delivered. How we deliver oil products commodity trading apprenticeships, reliably and to international standards. No more items to load. Regional hubs Other offices.
Annuities are money commonly used to generate retirement income. Commodity trading apprenticeships your annuity income is calculated at the time you buy the annuity, think about the things that affect annuity income: current interest rates, the amount you deposit, your age, your gender, the length of time payments are guaranteed and the options you add.
Its forex best time to trading dubai commodity trading apprenticeships to ask about and understand the fees youll pay for your annuity.
However, there may also be provincial regulations that apply.