Senior Light Crude Oil Trader

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.