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McGill St Laurent
Sales & Trading Analyst - Carbon DerivativesMcGill St Laurent • Montreal (administrative region), Quebec, CA
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Sales & Trading Analyst - Carbon Derivatives

Sales & Trading Analyst - Carbon Derivatives

McGill St Laurent • Montreal (administrative region), Quebec, CA
30+ days ago
Job type
  • Full-time
Job description

MSL Climate is the environmental markets division of McGill St‑Laurent. We operate across regulated and voluntary carbon markets, helping clients navigate complex environmental products while developing internal trading and market strategies. We are building a team at the intersection of market analysis, quantitative research, and commercial execution, with a clear objective: develop future Carbon Traders from within.

You will work closely with and report to the Senior Compliance Carbon Trader, gaining direct exposure to market analysis, strategy development, and commercial execution.

Objective

Develop trading strategies and contribute to P&L.

As an Analyst, you will develop the market, quantitative, and commercial skills required to build trading strategies, identify opportunities, and contribute directly to revenue generation.

Key Responsibilities

  • Support the development and continuous improvement of carbon trading strategies
  • Conduct in depth analysis of regulated carbon markets to identify trading opportunities and market inefficiencies
  • Perform quantitative research, back‑testing, and risk/return analysis
  • Build and improve pricing models, forecasting tools, and scenario analysis frameworks
  • Develop dashboards, risk indicators, and decision‑support tools for the trading team
  • Clean, structure, and automate market data and reporting workflows using Python, SQL, and Excel
  • Write and publish a weekly newsletter on regulated carbon markets
  • Build relationships with clients, counterparties, and market participants while supporting commercial discussions
  • Identify new trading and business opportunities through proactive outreach and market research
  • Contribute directly to the team's trading performance and P&L

Career Progression

The objective of the Analyst role is to transition into a Junior Carbon Trader.

Expectations

  • Take ownership of trading strategies
  • Develop relationships with clients and market participants
  • Contribute directly to revenue generation
  • Combine market expertise, quantitative skills, and commercial judgment

Profile

  • Strong academic background (Finance, Engineering, Economics, or related field)
  • Proven experience with data cleaning, analysis, time‑series handling and statistical modelling
  • Ability to quickly absorb complex information and deliver relevant analysis in context
  • Solid understanding of financial modelling, forecasting, optimisation and derivatives markets
  • Proficiency in Excel, Python & SQL
  • High ownership mindset: autonomy and strong problem‑solving attitude
  • Ability to work in a fast‑paced, performance‑driven environment
  • Excellent communication skills
  • Bilingual (French & English)
  • Based in Montreal

What We’re Really Looking For

  • Curiosity for complex, niche markets
  • Ability to turn analysis into actionable strategies
  • Strong ownership mindset
  • Excellent relationship‑building and communication skills
  • Ability to turn market insights into trading opportunities
  • Interest in developing commercial relationships
  • Interest in evolving toward a trading role with P&L responsibility

What We Offer

  • The opportunity to be part of an entrepreneurial culture that encourages initiative. Curious to learn more? MGSL
  • Direct mentorship from a senior trader and a fast‑track opportunity into a trading role
  • Comprehensive group insurance and the opportunity to contribute to a retirement savings plan (RRSP)
  • Vacation policy starting on day one
  • Public transit incentive program (Metro, bus, BIXI, etc.)
  • Give & Match charitable program
  • A modern office featuring a lounge, gym, golf simulator, locker rooms, and showers

Office Requirement

This position requires full‑time in‑office presence in Montreal.

Privacy and Consent

We collect your information through a secure applicant tracking system with role‑based access. If you wish to withdraw consent or have concerns, please contact us at talent@mcgillstlaurent.com.

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Sales & Trading Analyst - Carbon Derivatives • Montreal (administrative region), Quebec, CA

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