Trafigura Trader Reviews | Glassdoor.co.uk

Trafigura Trader Reviews

Updated Jun 27, 2019

To filter reviews, or .

4.7
94%
Recommend to a Friend
98%
Approve of CEO
Trafigura CEO  Jeremy Weir
Jeremy Weir
5 Ratings
  1. Helpful (1)

    "Best place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Trader 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Trafigura full-time for more than 8 years

    Pros

    The CEO of the INDIA office, Mr. Bajaj is one of the smartest people I have ever met. He is a visionary. The career growth at Trafigura and the salaries there are unmatched.

    Cons

    I can’t think of any.

    Advice to Management

    Keep doing what you are doing Mr. Bajaj

    Trafigura2019-06-27
  2. "great place to work - traf"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Trader in Mumbai
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Trafigura full-time for more than a year

    Pros

    work place , superb energy , great people , open culture , facilities , freedom

    Cons

    some more parties possibly

    Advice to Management

    keep the good work up

    Trafigura2018-08-23
  3. Helpful (1)

    "Overall Good experience but can be tough at times"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Junior Trader in Geneva
    Recommends
    Positive Outlook
    No Opinion of CEO

    I worked at Trafigura full-time for more than a year

    Pros

    Fast-paced environment and you get to work with some of the most talented minds in the industry. Front office roles offer lots to learn and room to grow.

    Cons

    Tough environment with long working hours and plenty of internal politics. Very difficult to break into senior management as it's run by an "old guard" very closed network of senior traders. Back/Middle office roles seem very process driven with high turnover.

    Trafigura2018-02-01
  4. "Overall good place to work in commodity trading industry"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Equity Trader in Geneva
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Trafigura full-time for more than 5 years

    Pros

    Very good place to learn everything about commodity. Successful business model.

    Cons

    less upside career promotion and unclear performance evaluation process

    Trafigura2017-10-16
  5. Helpful (5)

    "International Trader Programme"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Junior Trader in Geneva
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Trafigura full-time for more than a year

    Pros

    Responsibility - biggest benefit for me. No doubts about it, you're thrown straight in and most will handle very real money from Day 1. Risk appetite - much better appetite and pace than majors.

    Cons

    Management is crap - young traders are worth nothing to them and stepped upon all the time. Questionable hiring - Every quarter about 3-5 people are hired and most of us scratch our heads at the what the additional people are going to do. Some are smart and hired for regional offices, others are clearly bank people with no clue on physical trading. Before you know it, they fire an equal number of people... internally to keep headcount stable. Zero job security - quite clear from above. I wish it was as simple as PnL but firing sometimes is absolutely random in Traf and comes with no notice at all. One of our colleagues was fired a day after doing a term deal that made 2mil of profit upfront. Support functions (risk, contracts, ops) - is horrible. Everything is outsourced to India - people are smart but processes are slow. Takes upto 10 days to issue a single contract with traders being asked questions about the tiniest details in a contract. Operators for most part have little commercial experience and need to guided all along the process. Poor training is to blame for most of this. Senior traders cling to their 'accounts' - this means the company is very account focussed, people talk to their counterparties even when they're on leave and refuse to let others in the team talk to them. Extremely weird for me (oil major background) as we're used to working together with others in a team and have never seen this territorial marking. This also means that you're never actually on a holiday in Traf as they make sure you're handling your own job and remain answerable on the phone at all times.

    Show More

    Advice to Management

    Train the Indian office better. Traders need to focus on making money rather than watching over their operators, deals desk and the contracts team over prior deal execution! Warn 3 months before you fire. Have some logic when you do. More than one person per account. More inclusive work attitude especially management to junior traders.

    Trafigura2017-06-26
  6. Helpful (3)

    "Trader"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Trader in Houston, TX
    Recommends
    Positive Outlook
    Disapproves of CEO

    I worked at Trafigura full-time for more than 10 years

    Pros

    Lots of physical exposures, big networks, u can spend more time in office working than be with your family, especially in Europe offices

    Cons

    Pay is now below industry average unless you are favorite of mgmt. lots of politics, inner circle, steal credits, and house cleanings

    Advice to Management

    None, so vitol can gradually hire more ex-traf and taking over

    Trafigura2017-01-20
  7. Helpful (9)

    "Be advised and consider carefully..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Trader 
    Doesn't Recommend
    Neutral Outlook
    No Opinion of CEO

    I worked at Trafigura

    Pros

    Well structured benefits and remuneration. Some truly gifted, intelligent people working there.

    Cons

    Unfortunately, same people are not in position of management. "Aggressive" policies deemed a substitute for skill and or experience. This has lead to numbingly poor decisions, investments and trades. Witnessed exceptional and valued young workers resign in frustration when company purports to be nurturing same. Similar to other posts read, experienced outsiders brought in only to be sapped of knowledge and... contacts in favour of an inner-circle that any other true trade shop would have sacked. Companies good trades/deals weighted down by those poor performers.

    Show More

    Advice to Management

    Management by fear reflects inherent weakness, petulant behaviour and inexperience. Could be an excellent company if would listed more as opposed to decision by edict.

    Trafigura2016-07-14
  8. Helpful (5)

    "Salary"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Junior Oil Trader in Geneva, IL

    I have been working at Trafigura

    Pros

    You get to work across various functions inside the company.

    Cons

    Long working hours and is only good for people without family

    Advice to Management

    Stress on training and work life balance.

    Trafigura2015-10-05
  9. "great experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Trader in Mumbai
    Recommends
    Approves of CEO

    I have been working at Trafigura

    Pros

    great management, good environment, nice environment and supportive collegues.

    Cons

    sometimes excess of work, leading to excess of work pressure. management should understand all efforts are not converted to business.

    Advice to Management

    no region is good or bad its only how one does the business.

    Trafigura2012-01-14
Found 9 reviews