Senior Light Crude Oil Trader
About The Position
At Suncor, we produce and provide energy. When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you'll make a meaningful impact in the communities where we live and work. We are looking to hire a Senior Light Crude Oil Trader to take a leading role in our proprietary crude oil trading activities, with a primary focus on directional, relative‑value, and arbitrage strategies across Canadian and North American light crude markets. This role is suited for a commercial risk‑taker with a demonstrated ability to generate P&L across market cycles by combining fundamental insight, price action, and disciplined risk management. The successful candidate will have a deep understanding of Western Canadian and North American light crude markets, strong commercial instincts, and the ability to operate across both physical barrels and paper markets.
Requirements
- 6–10+ years of crude oil trading experience, with material exposure to Canadian and North American light crude
- Proven track record of consistent P&L generation across physical and/or financial crude markets
- Strong understanding of: Light/Heavy dynamics, Canadian Light / MSW / Bakken / SYN / US Light grades, Pipeline and egress constraints (Enbridge, Trans Mountain, Keystone, rail)
- Demonstrated experience trading physical crude, futures, swaps, and basis differentials
- Strong quantitative, analytical, and decision‑making skills under uncertainty
Nice To Haves
- Transferrable skills are acknowledged and encouraged for application.
Responsibilities
- Own and deliver risk-adjusted P&L through active trading of physical and financial light crude, deploying capital across physical, swaps, basis, time spreads, and optionality
- Develop, execute, and continuously refine discretionary and structured trading strategies, monetizing inefficiencies driven by flows, positioning, logistics, and sentiment
- Originate and optimize physical crude flows and infrastructure positions (pipeline, storage, terminals), capturing arbitrage across location, quality, and time
- Drive incremental value through integration and optimization of Suncor production and refining assets
- Maintain independent, fundamentals-driven market views, integrating supply/demand, inventories, refinery activity, and forward structure into positioning decisions
- Actively manage portfolio risk (VaR, liquidity, drawdown, position limits) with disciplined trade execution, clear communication, and adherence to risk/credit frameworks
- Build and leverage a strong commercial and market network, while contributing to desk strategy and mentoring junior talent on trade desk
Benefits
- Competitive compensation
- Regional-based uplifts
- Annual bonuses
- Long-term financial rewards
- Pension programs
- Savings plans with company matching
- Employee assistance program
- Comprehensive company-paid health, dental, and vision benefits for you and your family
- Generous paid vacation time
- Personal time-off
- Internal mobility
- Succession planning
- Employee training and development programs
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
