Main Purpose:
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials, while additionally expressing market views across a variety of global derivatives markets. A unique market understanding, coupled with world class analytics, allows Trafigura to quickly embrace changing global dynamics. The trading business is supported by industrial and financial assets, including a 72 percent ownership in global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and the private investment arm Galena Asset Management. Trafigura’s success has been founded on the ability to evolve traditional supply chains into new markets, focusing today on being a key player in the energy transition, building a presence in the fast-evolving power and renewables sector while also offering carbon management solutions.
The Company is owned by around 1,100 of its 12,300 employees who work in 61 offices, doing business in 156 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD319 billion in 2022, making Trafigura one of the largest companies by revenue in the world. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.
Main Purpose
We are seeking a candidate who possesses market knowledge, technical skills/ability to work with data, drive & ambition, displays a high level of interest in commodities & Latin America markets in general, and a strong communicator with the ability to form relationships across the region.
The Fundamentals Analyst will support Trafigura’s large and growing activities in Latin America, working within the Research Team, which involves partnering with Trafigura’s crude oil, gasoline, and distillate trading desk along with supporting strategic planning and business development efforts. In this role, the Analyst is expected to provide data-driven market analysis and trading ideas to the trading desks, including building and maintaining supply/demand balances, forecasting Latin America refinery runs, crude production and oil demand, evaluating project economics, and performing market studies for new business opportunities.
Knowledge Skills and Abilities, Key Responsibilities:
Knowledge, Skills and Abilities
• Commercial acumen – intellectually curious & market oriented with ability to provide valuable supply/demand insights for trading opportunities and PnL generation.
• Basic understanding of market drivers, fundamentals, pricing, and oil markets / oil trading terminology.
• Resourceful – desire to connect the dots and operate in opaque markets while providing insights on internal & external data. Ability to gather information from various agencies and articulate market dynamics.
• Superior communication skills in both English & Spanish with the ability to form relationships across the region and formulate complex concepts into actionable business & trading decisions.
• Ability to work in a global team, communicate & coordinate effectively with Research Team members on workflows as well as with traders and regional management in other offices.
• Some background in mathematics/statistics/econometrics preferred with at least a basic understanding or ability to learn working with MS Excel, Tableau, Power BI, SQL, R, Plotly, Board BI and other software/languages.
• No prior professional experience necessary but 1-2 years of analytics or business development experience is preferred.
Key Responsibilities
• Partnering closely with the global research team on global balances, trade flows, arbs and margin models.
• Oversee the development and distribution of trading-relevant analysis.
• Routine construction and distribution of price, trade, or fundamental indicators and market views.
• Manage the automation and analysis of large fundamental or price related data.
• Calculation of key arbitrage indicators, margins and other trade information.
• Construction and maintenance of fundamental supply/demand balances across all countries in Latin America.
• Oversee the maintenance of key research databases, including turnarounds, production, ship tracking and other information.
Key Relationships and Department Overview:
Reporting Structure
- Reporting to Regional Manager – Head of Analytics, Americas
Equal Opportunity Employer
We are an Equal Opportunity Employer and take pride in a diverse workforce. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, colour, religion, gender, sexual orientation, national origin, age, marital or veteran status, medical condition or handicap, disability, or any other legally protected status.