Trading Analyst - New Grad - Calgary

At Imperial, we work every day to responsibly develop Canada’s energy resources – applying technology and innovation to supply affordable, accessible and reliable energy while reducing emissions in support of a net-zero future. Imperial recognizes the important role we can play by advancing climate solutions within our operations and by providing lower life-cycle emission products to our customers. This effort is powered by a unique and diverse workforce fueled by a pride in what we do and what we stand for.

The success of our upstream, downstream and chemical, and corporate divisions is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.

At Imperial, we want you to come for the position and stay for the career. We invite you to bring your ideas and help create sustainable solutions that improve quality of life and meet society’s evolving needs.

Come be part of the upstream department at Imperial which has more than 140 year history in Canada and a workforce of 5,500+ total employees. Our offices are located in Calgary, AB.

What role you will play in our team

If successful, you will be a key member of our diverse Trading Team, responsible for leading in-depth market analysis, while developing your expertise in natural gas, power, crude, and petroleum products trading, as well as being a key enabler to our broader trading activities. Your analytical acumen, deep understanding of commodity markets, and passion for the energy industry will be essential in contributing to our Team’s success.

What you will do

Market Analysis and Research:

• Analyzing market data, economic indicators, geopolitical events, and regulatory developments to identify trading opportunities and assess risks
• Preparing regular market reports, forecasts, and trading recommendations to assist the team in making informed decisions
• Contributing to special projects, strategy studies, and market entries.
• Developing and presenting ongoing/unique trade opportunities, connecting market fundamentals with proprietary insights, developing and applying advanced analytics in conjunction with supply and demand models.
• Providing economic analysis for opportunity evaluation and helping the Team capture learnings from missed opportunities.
• Monitoring global energy markets, keeping a close eye on factors influencing supply, demand, and price movements of natural gas, power crude oil, and petroleum products
• Acting as power-user of strategic tools that support trading activities: Data systems, bespoke analytical tools, [Eikon, SAP]

Trading Support

• Developing strong collaborative relationships with key trading partners, both domestically and globally, in order to drive trade execution and value creation
• Developing and utilizing analytical tools and models to evaluate trading positions and optimize risk management strategies
• Collaborating with senior traders to execute trading strategies and assisting in trade execution
• Supporting trade records maintenance, ensuring accurate data entry, and supporting with trade settlement processes

Product Knowledge:

• Developing a comprehensive understanding of the gas, power, crude, and petroleum products markets, including supply chain dynamics, industry trends, and pricing mechanisms
• Stay up to date with industry news, advancements, and emerging technologies to adapt trading strategies effectively

Financial Analysis:

• Conducting financial analysis to evaluate the profitability of potential trades and assess the impact on the company's overall portfolio
• Working closely with Controllers teams to analyze P&L, tracking performance metrics, contributing to performance reporting and supporting annual plan development

Compliance and Risk Management:

• Collaborating with the Risk Management team to identify and mitigate potential risks related to trading positions
• Supporting derivatives trading and policy with analysis of new and existing usage of derivative instruments.
• Ensuring all trading activities comply with regulatory guidelines and internal policies

About You

Skills and Qualifications

• Proficiency in data analysis tools and software (e.g., Excel, Python, R-Studio, Bloomberg, etc.)
• Demonstrated ability to work effectively both independently and as part of a multifunctional, multicultural team
• Bachelor's or master’s degree in finance, Economics, Mathematics, Statistics, or a related field
• Demonstrated ability to manage multiple tasks and thrive in a fast-paced environment

Preferred Qualifications/ Experience

• Strong analytical skills and ability to interpret complex data sets
• Excellent communication skills and ability to present findings concisely to internal stakeholders
• A passion for the energy industry and a desire to keep up to date with the latest market trends and developments
• Prior experience in commodity trading, energy markets, or a related field is preferred but not mandatory

Start date: Q1, 2024

Location: Calgary, AB

Your benefits

• Flexibility looks different for everyone, which is why we have many programs to help employees balance their work and personal life. Programs include: Flex Your Day, childcare partnerships and part-time and job-sharing arrangements.
• Competitive vacation package - provides you with three weeks of vacation (the first year is pro-rated based on your hiring date), one scheduled Friday off per month and 12 holidays.
• Early Professional Development Program - provides you with the opportunity to specialize in a specific area of expertise or develop skills in a variety of different areas. You will quickly be given large areas of responsibility and will be encouraged to take on stretch assignments as you progress.
• Successful networking and mentoring programs - enables you to spend time with managers from across the organization to learn about other departments and opportunities. These programs also allow you to connect with peers at a similar experience level.
• A company committed to career growth - we recruit those who are interested in a career with Imperial and prefer to develop and promote people from within. Our career management process means that you will likely perform a number of unique, challenging roles during your career.
• Opporunity to participate in Employee Led Resource Groups: Women’s Interest Network (WIN), Indigenous Network (IN), Black Employee Success Team (BEST), Asian Connection for Excellence (ACE), Global Organization for the Advancement of Latinos (GOAL), PRIDE, and the Veterans Advocacy and Support Team (VAST).
• Commitment to safety, ethics & continuous improvement - these standards are the reason Imperial is an industry leader. You will work for a company that upholds safety and ethics ideals and continues to seek out ways to improve.
• Exceptional benefits program - includes competitive salary plus savings, pension, and health care plans that you can customize to meet your individual needs. Educational and physical fitness financial assistance programs round out our benefits package.

Other Considerations

• To be considered for employment, your most recent unofficial transcript(s) must be submitted.
• We thank all those who apply; however, only those candidates selected for interviews will be contacted.
• In certain situations, Imperial may use your application to consider your suitability for other positions in the company and may also provide the information to its affiliates, including affiliates of ExxonMobil Corporation, in connection with possible opportunities at those affiliates.
• For applicants selected to be interviewed, pre-employment background screening will be required.

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Imperial is an Equal Opportunity Employer. Imperial is committed to providing equitable treatment and equal opportunity to all individuals and encourages all eligible applicants to apply.

Imperial conducts business in a manner that respects the land, environment, rights and cultures of Indigenous communities. In the areas where we explore, develop and operate, Imperial engages Indigenous communities in open and forthright consultation and strives to establish meaningful relationships built on mutual trust and respect. Please see here for more information on Imperial’s Indigenous Relations Guiding Principles and Guidelines.

Imperial is committed to supporting persons with disabilities throughout the recruitment process. We will work with qualified applicants to provide reasonable accommodation upon request at [email protected] .

Eligibility to work in Canada

All applicants who receive an offer of employment must be eligible to work in Canada on a regular full-time basis without restrictions on their start date. Proof of eligibility shall be in the form of a Canadian birth certificate, Canadian passport, Canadian citizenship certificate, Canadian certificate of permanent residence, Canadian open work permit or receipt from Immigration Canada of an application for a post-graduate work permit.

Proof of eligibility must be current and valid (not expired, cancelled or voided). Proof of eligibility will be required if an offer of employment is made. Failure to provide proof of eligibility at least six (6) weeks prior to the start date may result in the offer of employment being rescinded.