Glencore Commercial / Risk Management Graduate Programme South Africa 2025

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 About Glencore

Glencore, one of the world's largest globally diversified natural resource companies, plays a crucial role in the commodities sector. Founded in 1974, Glencore has grown into a powerhouse with operations spanning over 35 countries and employing around 160,000 people. The company is engaged in the production, refinement, processing, storage, and transportation of a diverse range of metals and minerals, energy products, and agricultural products.

Glencore’s business model is unique as it integrates the entire value chain from resource extraction to market. This allows the company to respond swiftly to changes in supply and demand and ensures the highest standards of quality and reliability for their clients. With a commitment to sustainability, Glencore invests in safe, responsible, and efficient practices to minimize environmental impact and contribute positively to communities.

About the Graduate Programme

The commercial programme is crafted to evaluate commercial aptitude and test resilience in supporting traders and operators, primarily within Traffic, Risk, Middle Office, LME Desk Support, and Business Development, with rotation opportunities between these areas. Participants may also explore other commercial sectors, including Operations, which handles the logistical and financial execution of trades. Entrepreneurial abilities, accuracy, and strong communication skills are essential for a successful trading career at Glencore.

The Risk Management Graduate Programme involves risk managers working closely with front-line traders and operators within Middle Office Risk, Market Risk, and Credit Risk. These managers monitor physical and derivative exposure, assess the accuracy and validity of mark-to-markets, and produce profit and loss reports and risk metrics. They ensure hedging is executed in line with the trading team's strategy.

Key attributes for this role include accuracy, confidence, and exceptional analytical skills, with proficiency in or the ability to learn a coding language being advantageous. Excellent communication and relationship management skills are required to maintain an independent perspective while providing accurate data directly to the trading desk.

Programme Structure

1. Rotations: Graduates will participate in multiple rotations across different departments, including trading, risk management, logistics, and analysis. Each rotation is crafted to provide a deep dive into the specific functions and responsibilities of each department.

2. Mentorship: Each graduate will be paired with a mentor who is an experienced professional within the company. Mentors will provide guidance, support, and feedback throughout the programme.

3. Training and Development: The programme includes structured training sessions, workshops, and seminars that focus on industry knowledge, technical skills, and personal development.

4. Project Work: Graduates will have the opportunity to work on real projects that contribute to the company's success, providing practical experience and exposure to complex business challenges.

5. Evaluation and Feedback: Regular performance reviews and feedback sessions are integral to the programme, ensuring continuous learning and improvement.

Benefits of Working for Glencore

1. Global Exposure: Working for a globally integrated company provides exposure to international markets and diverse business practices.

2. Career Growth: Glencore is committed to the professional development of its employees, offering numerous opportunities for career advancement and skill enhancement.

3. Competitive Compensation: The company offers attractive compensation packages, including competitive salaries, bonuses, and benefits.

4. Learning and Development: Continuous learning is encouraged through access to training programmes, workshops, and on-the-job learning opportunities.

5. Work Environment: Glencore fosters an inclusive and collaborative work environment where employees are valued and supported.

 Eligibility Requirements

To be eligible for the Glencore Commercial or Risk Management Graduate Programme, candidates must meet the following criteria:

1. Education: A Bachelor's or Postgraduate degree, preferably in Economics, Finance, or Quantitative Finance.

2. Academic Performance: Strong academic record with a minimum average grade specified by the company.

3. Skills: Demonstrated analytical skills, strong problem-solving abilities, and proficiency in Microsoft Office, especially Excel.

4. Attributes: Excellent communication skills, both written and verbal, and the ability to work effectively in a team.

5. Availability: Willingness to relocate if necessary and flexibility to work in different departments and locations during the programme.

How to Apply

 Application Process

1. Online Application: Interested candidates need to submit their applications through the Glencore careers portal. Click here to apply.

2. Resume and Cover Letter: A well-drafted resume and a cover letter detailing your motivation for applying and how your background aligns with the programme.

3. Supporting Documents: Academic transcripts, a copy of your degree certificate, and any other relevant certifications.

4. Assessment: Shortlisted candidates will be invited to complete an online assessment to evaluate their analytical and cognitive abilities.

5. Interviews: Successful candidates from the assessment stage will be invited for interviews, which may include technical, HR, and panel interviews.

 Documents Required

1.Resume: Updated and tailored to highlight relevant skills and experiences.

2. Cover Letter: A personalized letter addressing your motivation for applying and suitability for the programme.

Using evidence and examples, please demonstrate your suitability for this role.

 For Commercial - Metals and Minerals:

- Describe instances where you have added value through your entrepreneurial flair, commercial innovation, or initiative.

- Provide examples of your resilience and determination to succeed in a commercial or competitive environment.

- Demonstrate your proficiency in solving and communicating complex problems.

- Highlight your ability to build relationships, work within, and influence a team.

 For Risk - Energy:

- Share examples where you have generated value through your commercial acumen or initiative.

- Illustrate your strong work ethic and resilience.

- Show your proficiency in solving and communicating complex problems.

- Highlight your ability to build relationships, work within, and influence a team.

3.Academic Transcripts: Official transcripts from your university.

4. Degree Certificate: Proof of completion of your degree.

5.References: Contact details of at least two professional or academic references.

Application Dates

- Opening Date: 1st July 2024

- Closing Date: 15^th October 2024

Candidates are encouraged to submit their applications early to avoid last-minute issues and ensure they meet all requirements.

The Glencore Commercial or Risk Management Graduate Programme in South Africa for 2025 is an exceptional opportunity for ambitious graduates to launch their careers in the commodities and risk management sectors. With comprehensive training, mentorship, and real-world experience, graduates will be well-equipped to contribute to Glencore's success and the broader industry.

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