Commodity Trader Trainee Jobs

Who We Are

Olympic Industries ULC is a leading international forest products trading company with our annual revenue exceeding $500 million.Our expertise includes the trading, importing/exporting, and manufacturing of forest products from the comfort of our office located in the heart of the vibrant and beautiful Lonsdale Quay in North Vancouver, BC.

Established in 1972, we have a strong record of success and a clear vision for our industry's sustainable future. With over 30 active Commodity Traders, we are proud to have a corporate culture that rewards hard work, entrepreneurship, and team collaboration.

What We Offer

• Employee Wellness Spending Account.
• Extended health benefits.
• Long-term disability insurance.
• RRSP Contribution Plan.
• Employee assistance and scholarship programs.
• On-site gym and showers.
• Employee stock ownership plan.
• On-site kitchen with a Nespresso coffee bar.
• A highly competitive compensation model.
• Easy access to the mountains and oceans.
• Life insurance and Accidental Death & Dismemberment Insurance.
• Work hard, play hard company culture.

The Opportunity

Olympic Industries is currently searching for a highly driven and competitive Commodity Trader Trainee to join our growth-oriented team and contribute to the company's success through buying and selling forest products.

Reporting to the President, the Commodity Trader will work both in individual and team capacity to build sustainable businesses for extracting margin from arbitrage opportunities.

Training Program for Trader Trainees

Successful candidates will be hired on Trader Trainees and will actively participate in an 8-12 month intensified training program to develop an in-depth understanding of the lumber trading industry by:

• Developing and presenting a personal business plan before transitioning to the trading floor.
• Working with the logistics team to manage lumber distribution by growing Olympics’ transportation network and negotiating overland freight costs with various stakeholders.
• Monitoring and analyzing market trends within the forest product trading industry.
• Communicating and collaborating with Olympic Industries’ Commodity Traders to resolve challenges in the distribution of forest products.
• Opportunity to learn and understand all parts of the business including accounting, international compliance, and various operations.
• Networking with Olympic Industries Traders to learn about the company's business model.

Specific Responsibilities of a Commodity Trader

• Leading, developing, and supporting trading activities.
• Continuously generating new trading ideas by identifying arbitrage opportunities.
• Managing trading positions while balancing risk and financing.
• Building and maintaining professional relationships with external stakeholders through cold-calling, and qualifying prospects.
• Communicating and collaborating with the operations team to ensure smooth transactions.
• Negotiating prices and sales with producers and consumers.
• Keeping a constant up-to-date knowledge of the markets.

Who We’re Looking For

• Previous experience in a meritocratic role where there is a requirement to influence other’s decisions and actions considered as asset. For example: sales, account management, and business development.
• Degree or Diploma in a related program such as Business or equivalent experience.
• Experience in competitive sports or other highly competitive roles is considered an asset.
• Proficient in Microsoft Excel.
• Analytical and mathematical skills.

Apply Now!

For more information on Olympic Industries, please visit our website atwww.olympicind.com.

We thank all applicants for their interest! However, only those selected for an interview will be contacted. At Olympic Industries, we embrace diversity and are committed to building a team that represents a variety of backgrounds, cultures, perspectives, skills, and experiences. As an equal opportunity employer, we encourage applications from all qualified individuals.