Commodity Trading Consultant (m/w/d) - #2103943

About Baringa

We set out to build the world’s most trusted consulting firm – creating lasting impact for clients and pioneering a positive, people-first way of working. We work with everyone from FTSE 100 names to bright new start-ups, in every sector.

You’ll find us collaborating shoulder-to-shoulder with our clients, from the big picture right down to the detail: helping them define their strategy, deliver complex change, spot the right commercial opportunities, manage risk, or bring their purpose and sustainability goals to life. Our clients love how we get to know what makes their organisations tick – slotting seamlessly into their teams and being proudly geeky about solving their challenges.

We have hubs in Europe, the US, Asia and Australia, and we work all around the world - from a wind farm in Wyoming to a boardroom in Berlin. Find us wherever there's a challenge to be tackled and an impact to be made.

Our Commodity & Energy Trading practice are looking for experienced Consultants to Directors to join the team in Germany.

Macro global events and the energy transition are driving significant change and volatility across many commodity and energy markets impacting all those players who operate and trade in those markets. As a consultant it’s an exciting area to work in where we see the level and scale of investment has accelerated materially in the recent past in line with macro market factors. We continue to see significant investment from both new market entrants and existing players as they move into or expand their capabilities into different markets. 

Our commodities and energy trading focused team operates across all major commodity and energy companies in Europe, the US and Singapore. We work with clients across many different commodity types and across the value chain. From metals traders and miners, through oil majors, freight and shipping specialists to asset backed energy traders.

We collaborate with our clients on some of their most strategic programmes as they seek to adapt to the changing environment, monetise new value pools and remain competitive. We help them to translate strategy into action, to enter new markets, build new capabilities, and to revolutionise their trading businesses and IT landscapes. We’re looking for people to join our growing team who have a passion for commodity and energy trading and for collaborating with clients face to face to help solve their key challenges. You'll be involved in strategically significant client transformation projects, primarily in the UK and Europe, with opportunities to work on global initiatives.

What You Will Be Doing

• Trading systems transformations: implementation, upgrades and system selections for market leading trading organisations including new and innovative products.
• Business restructuring: designing and implementing operating models for complex global organisations that cover the full trading and commodity lifecycle.
• Digital transformation: development and delivery of our digital trading consulting capabilities and offerings including data driven trading.
• Risk Advisory: helping organisations to strengthen their risk management frameworks; analyse and design their risk mitigation strategies; improve governance and reporting; and the implementation of best practice solutions for risk management.
  
  

Your Skills And Experience

• Clear knowledge in one or more areas of commodity and/or energy trading markets, ideally gained whilst working for another consulting firm or at one of the industry players.
• The ability to take ownership and deliver results in challenging, client-facing environments.
• Depending on your level of experience and specialism you will likely also have skills in one or more of the following areas:
• Project/Programme Manager and/or Agile delivery skills.
• Business Analysis skills and/or strong analytical skills.
• Data strategy, architecture, and management skills.
• Good understanding of, and ability to adapt to key roles across the Software Development Life Cycle.
• Essential: Fluency in German in addition to English.
  

We are particularly looking for people with experience or specialism in the following key areas across these sectors:

• Power and Short-Term Power Trading: expertise in different power trading markets (e.g., day-ahead, real-time, bilateral, and over-the-counter markets) and an understanding of the impact that the rise in renewables, intermittency and flexibility is having on the markets.
• Oil and Bulk Commodities Trading: expertise in bulk commodities trading markets, with a strong understanding of at least one of the following markets: oil, coal, gas, LNG, metals or agricultural products. Candidates should have a clear understanding of trading processes, market dynamics, and industry trends. 
• LNG, Gas & Clean Fuels Trading: Familiarity with different types of LNG contracts, such as long-term contracts, spot contracts, and short-term agreements. Understanding of pricing mechanisms and benchmarks, including oil-linked pricing, gas-on-gas pricing, and hybrid models.
• Freight and Shipping Trading: expertise in different areas of freight and shipping, including marine freight markets, the supply-demand balance for shipping capacity, key trade routes, the impact of economic cycles on freight rates and familiarity with different types of shipping contracts. 
  
  

What a Career At Baringa Will Give You

Putting People First.

Benefits

Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

• Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.
• Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.
• Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.
• Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.
• Career Progression: No one develops at the same pace. That’s why we have quarterly rather than annual promotion reviews. We don’t have any quotas: if you’re ready and delivering at the right level, you’ll get that promotion.
• Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.
  
  

Diversity and Inclusion.

We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace.

You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we’ve achieved this.

Using business as a force for good.

We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1, 2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.

Join us

All applications will receive consideration for employment without regard to race, ethnicity, religion, gender, gender identity or expression, sexual orientation, nationality, disability, age, faith or social background. We do not filter applications by university background and encourage those who have taken alternative educational and career paths to apply. We would like to actively encourage applications from those who identify with less represented and minority groups. We operate an inclusive recruitment process, ensuring reasonable adjustments where needed. Please contact a member of our Recruitment Team to discuss further .