Sr Trading Analyst - Crude Oil

Suncor Energy; Calgary; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading company in Canada is seeking a Trading Analyst to support crude oil trading strategies. The role requires strong analytical skills and collaboration across teams, focusing on market intelligence and data modeling. Candidates should have a university degree and five years of experience in commodity trading, with expertise in North American crude oil markets.

Qualifications

• Five years of experience in a commodity trading environment.
• In-depth knowledge of North American physical crude oil markets.
• Familiarity with trading instruments such as forwards, futures, swaps, and options.

Responsibilities

• Conduct supply and demand analysis to develop trade strategies.
• Assist in forming the team's short- to medium-term outlook.
• Design and support trading tools to monitor seasonality and location arbitrage.

Skills

Analytical skills

Data mining

Modeling

Attention to detail

Relationship building

Education

University degree in business, finance, accounting, or engineering

Tools

Excel

Job description

Joining Suncor means you will work for one of the best companies in Canada, providing tremendous future potential where talented people thrive and lead. As our business evolves, so do our employment opportunities. Our work culture includes a dynamic mix of professionals, with a diversity of skills and expertise.

Our Trading team is looking for a candidate with strong analytical skills to handle large datasets, aggregate and model data, and provide market intelligence and fundamental analysis to support crude oil trading strategies. Collaboration across geographies and commodities within the trading platform will be essential for success in this role.

Minimum Requirements:

• Five years of experience in a commodity trading environment
• A University degree in business, finance, accounting, or engineering
• In-depth knowledge of North American physical crude oil markets and logistics, especially the WCSB
• Familiarity with trading instruments such as forwards, futures, swaps, and options
• Ability to build and maintain positive relationships across organizational levels
• Attention to detail ensuring thoroughness and accuracy
• Experience with data mining, modeling, and analysis using Excel

Responsibilities:

• Conduct supply and demand analysis to develop trade strategies and identify market trends
• Assist in forming the team's short- to medium-term outlook, focusing on Canadian crude oil balances and trade opportunities
• Design and support trading tools to monitor seasonality, location arbitrage, and refining margins globally
• Apply advanced modeling techniques to analyze energy market variables
• Identify and evaluate asset optimization opportunities related to pricing and logistics
• Collaborate with internal analysts and communicate insights across the trading desk
• Support training and mentorship within the team

Location and Other Details:

• Based in Calgary at the Suncor Energy Centre, 150 – 6th Ave S.W.
• Standard office hours, Monday to Friday, 40 hours per week

Why Suncor?

Suncor's operations span oil sands, offshore oil and gas, refining, and retail networks, including Canada's Electric Highway. Our growth strategy emphasizes sustainability, operational excellence, and innovation, offering a solid foundation for career development. We value inclusion and diversity and foster a respectful workplace through various employee networks and initiatives, including our commitment to reconciliation with Indigenous Peoples.

We are an equal opportunity employer and welcome applications from all qualified individuals. Accessibility accommodations are available upon request.