Senior Light Crude Oil Trader at Suncor Energy · Calgary

Senior Light Crude Oil Trader Location: Calgary, AB, CAN 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. What we offer: We recognize your contribution and offer a range of rewards and development opportunities designed to support your success. Benefits/perks listed below may vary depending on the nature of your employment with Suncor and the region where you work. Strong compensation: we offer competitive compensation, regional-based uplifts, annual bonuses, and long-term financial rewards. We also help you save for your future by offering pension programs, and savings plans with company matching Benefits: utilize an employee assistance program and comprehensive company-paid health, dental, and vision benefits for you and your family to support your mental, physical, and financial well-being Generous time-off: enjoy generous paid vacation time and personal time-off to recharge and maintain a healthy work-life balance Talent development programs: Internal mobility, succession planning, and employee training and development programs are just a few ways we’re dedicated to your development Minimum 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 Don’t have all the qualifications listed?  That’s ok!  Apply anyway. We acknowledge the value of transferrable skills. 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 Location and other key details: You will work out of our Calgary head office, located in the Suncor Energy Centre at 150 – 6th Ave S.W. Hours of work are a regular 40-hour work week, Monday to Friday, with the potential for extended work hours based on business needs Our business professional roles follow internal compensation guidelines, and the pay band will be based on years of experience and scope of work Think we are a fit? Apply now! Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.