Commodities

Commodities

Selby Jennings: A Specialized Talent Partner for Commodity Recruitment

Selby Jenningsโ€™ commodity recruitment team is a global operation, delivering permanent, contract, and multi-hire recruitment services from our offices located in three different continents.

For nearly two decades, we have instilled confidence in our clients and candidates in the commodity hiring process, ensuring that their recruitment needs are managed by experts. With the sectorโ€™s rapid expansion, itโ€™s essential for companies to devise a successful strategy to attract top talent and identify the right professionals to propel their organization forward.

Our commodity consultants advise business leaders on refining processes, improving workforce skills, and implementing flexible work models to maintain a competitive edge. We also provide valuable insights to commodity professionals on evaluating benefits packages and salaries, and support them in their career progression.

Whether youโ€™re aiming to secure top commodity talent or youโ€™re a professional exploring top commodity career opportunities, the Selby Jennings Commodity team serves as a bridge connecting exceptional talent with industry-leading clients.

โ€‹If you're a commodities professional, please register your CV/resume.

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If you're looking for commodity trading talent, please register your vacancy today.

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Benefits of Partnering with Selby Jenningsโ€™ Commodities Team

We are a specialist talent partner in the commodities sector. Here are some of the advantages of collaborating with Selby Jenningsโ€™ global commodities Recruitment team:

Experience

Experience

We have nearly two decades of experience as a leading recruiter in the commodities market, working with a range of commodities including energy, metals, agriculture, and more.

Network

โ€‹Network

Our extensive, global network comprises top-tier professionals in the commodities sector, spanning from the worldโ€™s largest trading houses to innovative start-ups and beyond.

Knowledge

โ€‹Knowledge

Our award-winning recruitment specialists provide customised advice on the latest hiring trends and industry news in the commodities market to help you achieve your goals.

At Selby Jennings, we believe in building long-term relationships based on trust, integrity, and mutual success. Our commodities recruiters work diligently to provide bespoke solutions tailored to your specific needs, offering flexible options to suit your commodities hiring preferences. Whether you need to fill critical roles swiftly or are seeking strategic talent acquisition solutions, we have the resources and expertise to deliver results. Submit your vacancy to us today.

Take the first step towards addressing your talent shortage today by completing the form. Our commodities recruitment team looks forward to discussing how we can collaborate with your organisation to meet your commodities recruitment needs efficiently and effectively.

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Commodity Jobs

Professionals in commodity Jobs are essential in finance. As financial forecasting becomes increasingly important, professionals with these skills are highly sought after. Partnering with Selby Jennings, a recruitment specialist in commodity roles, could significantly advance your career. Explore our commodity job listings or submit your CV/resume, and weโ€™ll reach out to you when a suitable opportunity arises.

Natural Gas or Oil Portfolio Manager

Natural Gas or Oil Portfolio Manager New York, NY About the Client: Our client is a global multi strategy hedge fund with more than $10bn in assets. Founded more than 10+ years ago they have a seen consistent returns and exceptional growth in assets for an extended period of time. Known for their collaborative working environment, good access to information and competitive compensation, they are now looking to add a Portfolio Manager with coverage of Natural Gas or Oil to their US centric coverage team in New York. Key Responsibilities: Portfolio Management: Oversee and manage a multi million dollar portfolio focused on US Natural Gas, or Oil - ensuring optimal performance and alignment with the firm's investment strategies. Market Analysis: Conduct thorough market research and analysis to identify investment opportunities and risks within the US Natural Gas or Oil sector. Investment Strategy: Develop and implement investment strategies that maximize returns while managing risk. Performance Monitoring: Continuously monitor portfolio performance, making adjustments as necessary to achieve investment objectives. Client Relations: Maintain strong relationships with clients, providing regular updates and insights on portfolio performance and market trends. Team Collaboration: Work closely with other investment professionals within the firm to share insights and strategies. Qualifications: Proven track record as an Natural Gas or Oil Portfolio Manager, covering financials not physical trading. A track record of delivering $10mm+ PnL managing a Natural Gas or Oil book of business. Deep knowledge of the Energy trading sector Demonstrated ability to achieve a Sharpe ratio of 1% or higher. Strong analytical and quantitative skills. Excellent communication and presentation abilities. Ability to thrive in a high-pressure, results-oriented environment. Advanced degree in Finance, Economics, or a related field preferred.

Negotiable
New York
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Fertilizer Trader

Fertilizer Trader Our client is an international commodity trading company with decades of history. They are looking for a Fertilizer trader to support expanding the presence in China market. Responsibilities: Sell the company's fertilizer products and develop new business opportunities. Identify sourcing opportunities for target markets. Coordinate with customers, negotiate terms, and ensure timely delivery and payments. Advise management on product stocking based on market supply, demand, and pricing. Monitor global market trends and capitalize on new opportunities. Support logistics for exceptional customer service. Analyze risks and recommend financial terms for customers. Improve logistics and distribution efficiencies based on customer needs. Update daily reports. Requirements: Minimum 3 years of experience in the fertilizer business. Self-motivated, able to work independently and as part of a team. Strong organizational and business management skills. Excellent social and networking abilities. English (written & spoken fluently) - any additional languages is a plus

Negotiable
Beijing
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Senior Market Risk Analyst - Crude

About the job We are looking for an individual with Middle Office and Commodity Risk Management experience in crude, freight, refined products, or LPG to join our global Middle Office Risk team based in London, UK. The Senior Risk Advisor role plays a critical part in ensuring our commodities supply and trading activity is conducted with transparency and falls in line with our Risk Management framework and associated policies. Minimum Requirements: Relevant experience, preferably in Commodity trading (Front, Middle, or Back Office capacity). Good understanding of commodity risk management, including derivatives, physical crude and refined product markets, trading cycle, risk metrics (VAR, Stop Loss, Stress Testing) Solid understanding of industry leading practices in risk governance process and procedures. Excellent communication skills, with demonstrated ability to operate across stakeholders, within a global team, and independently. Understanding of derivative regulatory and compliance environments Proven ability to build an overall framework to support higher level commodity risk management initiatives. Proven ability to work within a complex environment. Able to quickly read, interpret, and synthesize complex data and translate into effective communication medium to all levels of the organization, collaborating effectively within and across functions. Ability to remain independent and objective with respect to Front Office expectations. University Degree, preferably Business, Economics, Finance, Accounting, Mathematics or Computer Science Responsibilities: Analyze and publish the daily risk management exposure reports, profit and loss (P&L) reports, and other related reporting requirements for our North America and International crude, products and LPG trading activity Deliver high quality, insightful, value added, and automated management information Bring transparency to deal structures and explain financial impacts in operational terms Provide independent understanding of trading strategies to identify/raise and mitigate financial, operational & reputational risk related to new or existing activities Administer risk governance policies and standards as part of the control program supporting the supply and trading business, while ensuring all trading activity complies with internal and external policies and limits Support specific product lines as the main day-to-day risk function contact with strong global connectivity to our Calgary, London and Houston teams. Support regional and global process standardization and continuous improvement initiatives Collaborate with commercial and other functions to support the significant growth of new business initiatives Balance independent reporting and control duties with a business partnering and commercial enabling approach Perform other duties include extensive cross-functional project work, audit support, working capital analysis, and reconciliation with IFRS Accounting & Reporting results Demonstrate deep understanding of physical and financial energy markets in respective commodity area

Negotiable
City of London
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Quantitative Researcher (Power Markets)

We are currently working with a new PM at one of the largest multi-managers in the US that is looking to bring on a Quantitative Researcher/Trader that has experience generating alpha and developing trading strategies within the financial power markets (Day Ahead or FTR). This is a rare opportunity to work alongside a prestigious PM and have direct impact on PnL generation within the pod and has the potential to turn into a trading seat down the line. The position can sit in New York, Boston, or Dubai. Key Responsibilities Enhance and expand the proprietary research platform of the team. Discover and integrate new global markets and datasets Analyze and manipulate extensive and varied data sets for idea generation and alpha research. Investigate and develop signals using a range of market and fundamental datasets for systematic trading strategies. Work closely with the Senior Portfolio Manager and team in a transparent setting, participating in the entire investment process from idea generation to execution, with a focus on Power Markets Preferred Technical Skills Proficiency in Python; familiarity with Rust is advantageous but not essential. Master's or PhD in Computer Science, Engineering, Applied Mathematics, Statistics, or a related STEM field (PhD preferred). Strong communication, analytical, and problem-solving abilities. Preferred Experience Over 3 years of experience in a data-centric research role. Experience handling large and diverse data sets, particularly those related to commodity markets. Experience in modeling cross-market relationships, ideally within the commodities sector. Other Relevant Experience A curious, ambitious, and self-motivated mindset. Experience in exploring, researching, and deploying trading signals from various data sources. Familiarity with machine learning, statistical techniques, and related libraries. Experience with short-term power trading is not required, but familiarity with the EU or US power markets is a plus.

US$175000 - US$200000 per year + Discretionary Bonus
New York
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Alu/Copper Trader

Senior Alu/Copper Trader - Lausanne, Switzerland Are you a seasoned trader in the Aluminium or Copper markets searching for your next challenge? We are seeking an expert with a knack for navigating commodity trading to join our prestigious firm located in the beautiful city of Lausanne. This is an exciting opportunity for someone looking to build on their experience and gain further exposure to the market. If you are looking for a company that will let you work autonomously whilst supporting your growth and development, then this is the perfect opportunity. Relevant Skills: - 6+ years experience in physical aluminium or copper trading. - Worked with the European market. - Transferable book of business.

Negotiable
Switzerland
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FP&A Senior Expert

Our client is a global renewable energy development and investment company headquartered in Doha, Qatar. Their mission is to develop and manage a portfolio of strategic investments in the power sector globally. They currently have presence in the Middle East, Europe, South America, South Africa, Asia, and Australia. Global Power Developer and Investment Company - Senior FP&A Expert Location: Doha, Qatar Relocation benefits would be provided, including annual flights, education allowance for families, health insurance, and 30 days of annual leave, including others. Brief Summary of Key Responsibilities: Financial Planning & Analysis: Establish guidelines based on best practices and trends. Prepare and analyze business plans to align with long-term objectives. Budgeting & Investment Analysis: Implement budget development, capital structuring, and investment analysis (e.g., IRR, NPV). Financial Reporting: Prepare and deliver financial reports, including results and forecasts, for stakeholder presentations. Performance Assessment: Assess financial performance against strategic goals and KPIs, identifying deviations and areas for improvement. Monitor and report on KPIs. Strategic Contribution: Ensure divisional strategy aligns with sectional business plans and other strategies. People Management: Lead talent development initiatives to meet business requirements. Budget Management: Manage sectional budget preparation and monitor financial performance versus the budget. Policies & Procedures: Develop and implement department policies, systems, processes, and controls. Reporting: Ensure timely and accurate preparation of department reports, meeting company requirements and quality standards.

Negotiable
Doha
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Lead Light Ends Trader

Lead Light Ends Trader - Build Your Legacy in Dubai's Dynamic Oil Market Are you ready to take on the challenge of shaping a new frontier in commodity trading? My client, a specialist Oil Trading firm based in Dubai, is seeking an experienced and ambitious Light Ends Trader for a permanent position. This role offers more than just another job; it's your chance to carve out your legacy within a well established yet independent, dynamic and entrepreneurial Commodity Trading house. This is your opportunity to create something from scratch - establishing a brand-new desk dedicated to light ends products like Gasoline and Naphtha as well as Liquid Petroleum Gas (LPG), trading across ME (Middle East) and APAC (Asia-Pacific) markets. You will be able to shape this role in your own image and be given the opportunity to build and lead your own team. My client believes that talent thrives when given freedom: you'll be encouraged to trade as you please, with few if any restrictions. Skills Required: Light Ends knowledge: A deep understanding and solid multi-year track record of trading light ends products. Trading Acumen: Proven experience making strategic decisions under pressure while managing risks effectively. Market Focus: Proven experience in the ME/APAC regions is essential for this role Entrepreneurial Spirit: Ability to bring fresh perspectives coupled with the determination needed to establish and grow a successful trading desk If you envision yourself thriving in an environment that champions proactivity and independence - and fit the requirements above - please apply!

Negotiable
Dubai
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Commodity Quantitative Researcher

This role is within a pod environment where the candidate would be working under an established quantitative commodity Portfolio Manager, who has a long track record and an impressive background. Responsibilities Developing alpha strategies for commodity futures. Implementing systematic commodity strategies. Contributing to the research and trading pipeline, including Risk and Factor Modelling. Requirements Advanced degree in a quantitative field such as Mathematics, Physics, Computer Science, or Engineering. Demonstrated experience in commodities, ideally with Gas and Power products. Capacity to excel in a fast-paced environment. Strong coding skills in at least one of the following programming languages: Python, R, Matlab and /or C++, C#.

Negotiable
London
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Intraday Power Trader

Our client, a forefront of energy innovation is looking for a strong Intraday Power Trader in Hamburg, Germany. This permanent position focuses on renewable energy and offers the opportunity to become part of a cutting-edge trading environment. Responsibilities: - Execute intraday trades within electricity markets focusing on renewable energies. - Analyse market data to make informed trading decisions promptly. - Develop strategies that optimise financial performance while managing risk exposure effectively. Requirements: - Intraday Trading Proficiency - Power Market Acumen and trading track record - German Language Fluency - Python Programming Experience If you thrive in fast-paced environments and want to contribute to a sustainable future through smart and innovative solutions, apply now to join the movement and redefine success on the global stage.

Up to ยฃ110000 per annum
Hamburg
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Power Trader

Power Trader Opportunity in London's Dynamic Commodities Sector Our Client, An esteemed entity within the commodities sector is seeking a seasoned Power Trader with expertise in European power, derivatives and options. This pivotal role, based at the heart of London's financial district, offers an opportunity for personal growth while actively contributing to our client's success. Key Responsibilities: - Manage a portfolio focused on European power trading. - Develop strategies for derivatives and options trading. - Analyse market trends to make informed decisions that drive profitability. - Maintain compliance with regulatory standards governing commodity trading activities. Must-Have Skills: - European Power Derivatives: Deep understanding of electricity markets across Europe coupled with experience managing risk through derivative instruments. -Options Trading Acumen: Proficiency in structuring and valuing complex option trades tailored towards energy markets - Strong Track Record: Demonstrated history of successful deals showing profitable outcomes under various market conditions. This full-time permanent position demands not just knowledge but also finesse-a candidate who can navigate fast-paced environments without losing sight of long-term goals or compromising integrity. If you are driven by challenge, possess unparalleled strategic insight into commodities trading especially within power sectors, apply today!

Negotiable
City of London
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Gas Trader

Our client is looking for a dynamic and forward-thinking Gas Trader to join as the lead for their Gas Trading team. We specialize in trading futures and options with a focus on the TTF and other European hubs. Our team is driven by innovation, excellence, and a passion for the energy markets. They are seeking highly motivated and self-starting Senior and Junior Gas Traders to join our team in London. The ideal candidates will have a strong background in trading futures and options, with a specific focus on the TTF and European hub markets. You will be responsible for developing and executing trading strategies, managing risk, and maximizing profitability. Key Responsibilities: Develop and implement trading strategies for gas futures and options. Monitor and analyze market trends, news, and data to identify trading opportunities. Execute trades efficiently and manage positions in line with risk management policies. Collaborate with other traders and analysts to share insights and strategies. Maintain and build relationships with market participants and stakeholders. Continuously improve trading performance through analysis and feedback. Requirements: Proven experience in gas trading, with a focus on futures and options. In-depth knowledge of the TTF and European hub markets. Strong analytical skills and the ability to make quick, informed decisions. Excellent communication and interpersonal skills. Self-motivated, proactive, and hungry for success. Ability to work effectively in a fast-paced and dynamic environment.

Negotiable
City of London
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Head of Accounting (m/w/d)

Mein Kunde sucht aktuell eine engagierte und erfahrene Persรถnlichkeit fรผr die Position als Head of Accounting (m/w/d) in Vollzeit (40 Stunden/Woche) und unbefristet. Die Rolle bietet eine spannende Gelegenheit, die Buchhaltungs- und Finanzstruktur eines wachsenden Unternehmens in Deutschland aktiv mitzugestalten. Ihre Aufgaben: Verantwortung fรผr die Entwicklung und Sicherstellung einer rechtskonformen Buchhaltung sowie eines aussagekrรคftigen Finanzreportings, einschlieรŸlich der Konsolidierung der Gruppe nach HGB und IFRS. Fristgerechte Erstellung von Monats-, Quartals- und Jahresabschlรผssen fรผr die deutsche Einheit des Unternehmens. Enge Zusammenarbeit mit Wirtschaftsprรผfern und externen Beratern in allen buchhalterischen Belangen. Abstimmung mit dem internationalen Mutterkonzern und Unterstรผtzung bei der Erstellung des Konzernabschlusses. Aufbau von Reporting-Strukturen und Optimierung der buchhalterischen Softwarelandschaft in Zusammenarbeit mit relevanten Abteilungen. Prรผfung und Bewertung buchhalterischer Aspekte bei wesentlichen Vertragsabschlรผssen. Verantwortung fรผr alle Buchhaltungsprozesse, deren kontinuierliche Optimierung sowie die Planung und Durchfรผhrung von Projekten. Das bringen Sie mit: Ein abgeschlossenes Studium der Betriebswirtschaftslehre mit Schwerpunkt Accounting/Finance oder eine vergleichbare Qualifikation. 10 Jahre Berufserfahrung in diesem Bereich. Hervorragende Kenntnisse in IFRS, HGB und Konzernrechnungslegung. Fundierte Fรผhrungserfahrung im Accounting, idealerweise in einem grรถรŸeren Unternehmen. Tiefes Verstรคndnis fรผr Buchhaltungsprozesse sowie umfangreiche Erfahrung mit ERP-Systemen. Verhandlungssichere Deutsch- und Englischkenntnisse in Wort und Schrift. Das bietet mein Kunde Ihnen: Flexible Arbeitszeiten und die Mรถglichkeit fรผr mobiles Arbeiten im Hybridmodell. 30 Tage Urlaub (auf Basis einer 5-Tage-Woche). Ein umfassendes Onboarding-Programm, einschlieรŸlich Einblicken in die betrieblichen Ablรคufe. Zugang zu Sport- und Freizeitangeboten, wie z. B. EGYM Wellpass (mit attraktivem Eigenanteil), regelmรครŸige Firmenveranstaltungen und Afterwork-Sportgruppen. Attraktive Bike-Leasing-Optionen. Betriebliche Altersvorsorge. Zugang zu einer Corporate-Benefits-Plattform mit zahlreichen Rabattaktionen. Eine sinnstiftende Tรคtigkeit zur Gestaltung einer CO2-neutralen Zukunft in Europa. Verantwortungsvolle und abwechslungsreiche Aufgaben mit Raum fรผr eigene Ideen und Weiterentwicklung. Wenn diese Position fรผr Sie oder jemanden in Ihrem Netzwerk interessant klingt, senden Sie mir gerne die Unterlagen auf Englisch zu.

Negotiable
Karlsruhe
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Commodities News & Insights

The Best Cities for Commodities Jobs Image
sales-and-trading

The Best Cities for Commodities Jobs

Commodity traders, brokers, and investors buy and sell raw products, such as gas, metal, and agricultural products, based on the predicted or actual value of tangible goods. By conducting research, calculating risk, and analyzing financial markets, commodity traders can make a favorable decision on whether to buy or sell commodities based on current market needs.Like shares, commodities are bought and sold on exchanges. Brokers work across a variety of firms, including investment banks, hedge funds, and asset management. Commodity investor and trader positions are available in every city, but not every opportunity is equal.ย Wages, benefits, working hours, and job openings are likely to be different in every city for commodity traders. To help you decide on the best place to live and work as a commodity investor we have identified which cities have the most amount of job vacancies.Offering insights to commodity traders, investors, and brokers considering relocation opportunities, and hiring managers looking to attract top industry talent, here are some of the best cities to work as a commodity trader.Cities with the Most Amount of Vacanciesย Whether you are looking for career opportunities or you are a business in need of top talent, itโ€™s beneficial to know the cities with prominent national commodity markets and investment in banking infrastructure.ย ย The following cities have the greatest number of vacancies and opportunities for commodity brokers. New YorkFollowing the COVID-19 pandemic, New York overtook London as the city with the most amount of vacancies. New York is the financial hub of the world, as a key player in global financial markets due to two of the largest stock exchanges in the world: the New York Stock Exchange and the Nasdaq.It is considered to be one of the best cities for a career in finance and the trading of commoditiesWith the highest 10% of commodity traders earning an average annual salary of $193,000, the outlook for commodities in New York suggests strong market growth likely to attract new entrants.ย DubaiHome to the largest and most diversified exchange in the Middle East, Dubai is an established commodity trading hub and a magnet for international commodity trader talent. Equipped with forward-thinking strategies and advanced infrastructure, Dubai is quickly growing in significance in futures trading.ย In 2023, Dubaiโ€™s economy recorded 3.3% growth in the first nine months, showcasing the cityโ€™s drive, resilience, and innovation. With an economic plan to boost trade and investments in 2024, Dubai boasts a favorable business climate attractive to traders worldwide.ย Hong KongThe commodities market in Hong Kong plays to the investors' advantage as demand for commodity risk management increases to protect against hedge price swings from China. Agriculture, mining, oil, gas, and chemical supply chains are evolving, presenting an excellent opportunity for candidates with commodities trading experience.With developing international trade and changing market demands, experienced commodity traders looking to relocate to Hong Kong have the potential to earn an average annual salary of HK$360,000 and benefit from thriving business environments.ย HoustonHouston presents a variety of commodities job opportunities for commodity traders due to an amplified energy transition and an enhanced focus on renewable energy sources. Talent with experience in renewable power and environmental commodity transactions in Houston are sure to benefit from the industry's exponential growth. Independent commodities trading houses as well as big commodity trading firms maintain a significant presence in this city and present many future trading jobs for candidates.ย BostonAn attractive city for those who are seeking commodities jobs, Boston is a leading location with financial and commodities job availability. With trading firms dominating the financial landscape, this city is sure to catch the eye of traders, investors, and brokers.ย Domeyard LP, Akuna Capital, and Piper Jaffray are among the assortment of firms thatfavor business in this financial services hub, presenting ample commodity trading opportunities to the local area.โ€‹โ€‹Why Choose Us?At Selby Jennings, we provide organizations with access to industry-leading talent and are experts in identifying the right candidates for niche positions.ย We are a lead specialist talent acquisition partner with the latest recruitment news, trends, and knowledge to elevate your hiring process or job search.ย Advertise your banking and financial services open job vacancies via our website to access innovative talent and connect with exciting traders and investment professionals.ย Get in Touch NowFor more information about how we can help you secure top commodity traders, get in touch today.ย For more information or to find your next commodities job position, take a look at our current roles. Alternatively, you can upload your resume. Once received, one of our consultants will be in touch as soon as a role that matches your skill set becomes available.

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commodities

The Future of Commodities

โ€‹In an industry known for its unpredictability, it is especially hard to forecast hiring needs even as Commodities continues to grow.ย ย So how can traditional energy markets retain top talent as the future turns greener?ย In this report, we investigate the 5 most prominent hiring trends in Commodities, and take a closer look at Carbon Markets, Renewable and Traditional Energy, and Metals.ย ย Discover current developments from salaries to flexible working and more by completing the form below:ย โ€‹

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commodities

Adapting Hiring Strategies to the Changing Commodities Landscape

โ€‹Global net-zero targets have altered the commodities landscape, which now sees the industry playing a defining role in supplying essential materials, from copper to rare earth, that work towards a carbon neutral future. Whatโ€™s more, commodities remain the best-performing asset class of 2022 and enjoyed healthy activity in Q1, rising to nearly 30% as calculated by the S&P GSCI Index.The outlook ahead for commodities suggests strong growth, but to be able to capitalize on opportunities, commodities firms need the right people in place. Here we take an introspective look at the latest talent trends that you should be aware of to get ahead in this fast-moving industry. Counter offersย in commoditiesIn todayโ€™s competitive landscape, with the brightest minds in commodities in ever-increasing demand, firms are opening their wallets to not only secure professionals but also as a retention tool. Since the beginning of this year, organizations have found themselves in a candidate-driven market, which has simultaneously resulted in compensation swelling to facilitate this demand. While itโ€™s not all about capital, itโ€™s important to note that professionals are bargaining hard for the top offer. Weโ€™ve observed many professionals increase their salaries by seeking greener pastures, and even passive talent are making moves to follow the money. Commodities firms are rapidly trying to fill seats post-pandemic and are therefore heavily compensating mission-critical professionals to facilitate their expanding growth plans. Counter offers also pose a threat to any firm looking to develop a dynamic pipeline of talent. Selby Jennings has seen business leaders offer top-tier employees large salaries to alleviate the chance of them receiving a counter offer, or any retention issues in the future. According to the latest research, most professionals leave their current employer within 12 months of accepting a counter offer, meaning it is important for firms to retain their staff before it gets to the point of needing one, and for professionals to realize what the cost of accepting one really is on their career. โ€‹Flexible working modelsHowever, while lucrative compensation packages are a big attraction, they are not all encompassing. Heavily driving career decisions is flexible, hybrid, and remote working, with many commodities specialists actively looking for prospective roles that offer fully remote capabilities. The ability to tap into a wider and higher-paying job market that isnโ€™t constrained to one particular location is a compelling factor right now, and even if a role is commutable, professionals are still interested in some degree of flexibility that the hybrid model affords. Itโ€™s clear that the flexible working paradigm is of critical importance to todayโ€™s workforce, yet some individuals are opting for the office to enrich collaboration and communication, and some feel an office environment services them better in building their personal profile. โ€‹Commodities hotspotsย Although rising inflationary pressures and supply chain challenges have impacted commodities verticals, the landscape is buoyant. Since the 1990s, Houston has established itself as the major energy trading arm in the USA. New York closely follows behind as the second energy trading hub, with energy asset operators evolving in the area and enlarging their portfolios. The renewable energy space has surged in importance, with California dubbed to be the key district that is garnering attention from investors and highly skilled talent alike. Houston and New York have also amplified their renewable energy presence, with a large commercial building in Manhattan โ€“ One Manhattan West โ€“ transitioning to 100% renewable fuels. Despite the scarcity of talent in renewable energy, the year ahead for this industry promises exponential growth and acceleration, and the specialist team at Selby Jennings are excited to see the future developments in this space. โ€‹Interested in learning more about current trends in commodities? Whether youโ€™re a professional seeking opportunities or a business in need of the right talent, have a confidential discussion with our commodities talent experts today: request a call back or submit a vacancy and one of our team will be in touch, or browse our latest commodities vacancies here.

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commodities

Commodities Talent Market Overview

Whilst 2020 has represented challenges previously unseen, hiring in the Energy sector has been able to adapt impressively and several companies, large and small, have been able to onboard new talent remotely. The global pandemic has forced businesses in the sector to adopt to new practices such as video conferences for interviews, extending offers without ever meeting a candidate in person, and providing the tools needed for the new employee to succeed while working from home. In particular, the retail energy sector has been buoyant, especially on the sales side, throughout the year in terms of recruitment, with an impetus on the Natural Gas and Electricity side. We have not only seen an increase in hires in this space at Selby Jennings, but also a varied geographic impact as new roles have been vibrant not only in Texas, but also particularly in the Southeast and Northeast. With major volatility in oil & gas prices this year, the retail sector has been ever more reliant on the skillsets and relationships that salespeople are able to leverage. For wholesale traders, the difficulty in hiring new staff was more significant in H1 as, traditionally, it was crucial in these roles for an individual to be working in an office, alongside other traders and support staff. However, as we moved into H2 we began to see firms become much more open to allowing new traders to begin their tenures working from home, albeit still a challenge for employers as limiting collaboration and the cultural component has proved to be a difficulty many are simply just having to adapt to. This has driven the competition for top talent to an all-time high as firms are seeking the candidates with the ability to hit the ground running, who can be successful in an autonomous work environment and have the intrinsic motivation to perform at a high level away from an office setting. Overall, this year has been challenging across the economy with no industry being exempt entirely. That said, the agility and lofty ambitions of growing firms within the energy space has not led to a dramatic downturn in hiring activity. Within revenue generating positions specially, the resilience of the energy sector has allowed for a busy 12 months of recruitment. As we prepare for a new year in an economic climate much different than that of last, there is great expectation for the energy market and commodities markets as a whole to not only bounce back but excel. We are poised for a big year and expecting a lot of activity in the market in 2021. If you need support in hiring top talent in the Commodities sector, or want to discuss your hiring needs in 2021, get in touch with the Selby Jennings team. โ€‹

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