Senior Commodity Trader – Remote

Job title: Senior Commodity Trader – Remote

Job description: Company Overview

Targray is a diversified multinational commodity and specialty materials company that markets a broad range of products and solutions for high-growth energy sectors. Established in 1987 in Montreal, Canada, our organization is a leading international provider of materials for solar and energy storage companies, and one of the largest physical traders and distributors of Biodiesel fuel in North America.

Targray has operations in 9 countries and over $500M USD in annual sales. In 2019, the company made its debut appearance on the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue.

• Great Place to Work® Certified (2020)
• Deloitte | Best Managed Companies (2019)
• EY Canada | Quebec Entrepreneur of the Year (2016)
• HSBC | International Business Award (2012)
• Profit 100 Fastest-Growing Companies in Canada (2006, 2009)

Job Summary

Targray is currently seeking a commodity trader or team of traders with experience in niche trading segments with fewer market participants. The specific niche can be within any commodity sector: Agriculture, Energy, Renewables, etc.

We are favoring commodities where the majority of trade is physical, with paper trading playing a secondary role. Our goal is to build a trading desk of significant size to service domestic and/or global markets. The desk will be supported by and will collaborate with our existing resources and teams in North America, Europe, and Asia.

Responsibilities

• Establishing a commodity trading desk; Operations can be based out of any city.
• Trading physical commodities anywhere worldwide.
• Working closely with Targray senior management.
• Collaborating closely with Targray’s Risk Management unit and global trading team.
• Developing new trading opportunities and supply sources.
• Cultivating and maintaining relationships with suppliers and end users while ensuring close cooperation with the operations and logistics team to ensure smooth and timely trades.
• Monitoring market trends to capitalize on trading opportunities.
• Proactively sourcing new business opportunities with producers.

Requirements

• Proof of a successful and profitable track record on a physical trading desk.
• Strong knowledge of 1 or more niche commodity markets with a particular focus on physical trading, logistics and arbitrage opportunities.
• 5+ years’ experience in commodities trading and exposure to the relevant producers and end-users.
• Excellent communication skills

Employee Benefits

• Highly competitive remuneration
• Generous profit-sharing package
• Medical and Dental Insurance
• Targray offers flexibility in terms of the location of the trading desk.

Targray provides a highly competitive remuneration plan and an excellent working environment in a growing multinational firm focused on creating a more sustainable global economy. For more information about our company, please visit

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