Olympic Industries
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Career Opportunities

What We Look For

While no direct industry experience is required, our ideal candidates tend to be quick thinking, good with numbers and able to quickly build relationships through strong communication and an engaging approach. Given the self-starting and entrepreneurial nature of the trading role, a degree of ambition, grit and determination is required to be successful. We look forward to meeting you.

Equal Opportunity Employer

Olympic Industries is an Equal Opportunity Employer. We embrace diversity and are committed to building a team that represents a variety of backgrounds, cultures, perspectives, skills, and experiences. All aspects of employment, including the decision to hire, promote, discipline, and discharge, are based on competences, qualifications, merits, and business needs.

Commodity Trader

Who We Are

Olympic Industries ULC is a leading international forest products trading company with annual revenue exceeding $500 million. Our expertise includes importing/exporting, manufacturing, and wholesale distribution of lumber. Established in 1972, we have a strong record of success and a clear vision for our industry’s sustainable future. Our office is located in the heart of the vibrant and breathtaking Lonsdale Quay.

 

Opportunity

Olympic Industries is currently searching for a highly motivated and passionate Commodity Trader to join our growth-oriented team and contribute to the company’s success through buying and selling forest products in the Physical/Cash and Futures market – while providing market intelligence to customers and producers, managing risk and margin, and engaging in business development.

Reporting to the President, the Commodity Trader will work both in individual and team capacity to build sustainable businesses for extracting margin from arbitrage opportunities.

 

Specific Responsibilities

  • Negotiating prices and sales with producers and consumers.
  • Networking, cold-calling, and qualifying prospects.
  • Drive, develop, and support trading activities.
  • Continuously generating new trading ideas by identifying arbitrage opportunities.
  • Keeping a constant up-to-date knowledge of the markets to ensure continuous real-time price discovery.
  • Managing trading positions autonomously while balancing risk and financing.
  • Communicating and collaborating with the support team to ensure smooth transactions.
  • Mentoring and supporting the growth of new Trader Trainees.

 

Training for Trader Trainees

Successful candidates will actively participate in an 8-12 months intensified training program to develop an in-depth understanding of the lumber trading industry while:

  • Working with the logistics team to manage lumber distribution through growing the transportation network and negotiating freight.
  • Communicating and collaborating with Olympic Industries Traders to resolve challenges in the distribution of forest products.
  • Networking with Olympic Industries Traders to learn about the company’s business model.
  • Monitoring and analyzing market trends within the forest product trading industry.
  • Developing and presenting a personal business plan before transitioning to the trading floor.

What We’re Looking For

 

Education and Experience

  • Previous experience in a meritocratic role where there is a requirement to influence other’s decisions and actions. For example: sales and account management.
  • Degree or Diploma in a related program such as Business or equivalent experience considered an asset.
  • Experience in competitive sports or other highly competitive roles is considered an asset.
  • Background in forestry or lumber is considered an asset.

 

Competencies

  • High-energy with an entrepreneurial spirit.
  • Strong work ethic and commitment to go above and beyond in a professional environment.
  • A high degree of integrity and honesty.
  • Excellent interpersonal skills and the ability to effectively communicate and interact with all levels of an organization.
  • Excellent analytical and mathematical skills.
  • Proficient in Microsoft Excel.
  • Ability to complete work in a timely manner with accuracy and attention to detail.
  • Ability to act with good judgement and discretion, keeping sensitive business data secure.

 

Why Join Us?

  • Unlimited earning potential with a highly competitive compensation model.
  • Work hard, play hard company culture.
  • Employee stock ownership plan.
  • On-site gym and showers.
  • On-site kitchen.
  • Extended health benefits.
  • Life insurance.
  • Long-term disability insurance.
  • Employee assistance and scholarship programs.
  • Easy access to the mountains and oceans.

 

Apply Now!

For more information on Olympic Industries, please visit our website at www.olympicind.com. To apply, please submit a resume in confidence to careers@olympicind.com.

Futures Risk Analyst

Who We Are

Olympic Industries ULC is a leading international forest products trading company with annual revenue exceeding $500 million. Our expertise includes importing/exporting, manufacturing, and wholesale distribution of lumber. Established in 1972, we have a strong record of success and a clear vision for our industry’s sustainable future. Our office is located in the heart of the vibrant and breathtaking Lonsdale Quay.

 

Opportunity

Olympic Industries is currently searching for a highly motivated and passionate Futures Risk Analyst to join our growth-oriented team.

 

Reporting to Senior Management, the Futures Risk Analyst will work closely with Management and Traders to provide seamless support such as analyzing financial risks, optimizing reporting functions, and educating employees on futures.

 

Specific Responsibilities

  • Identifying opportunities relating to pricing, hedging, and trade strategies.
  • Analyzing and determining financial risks to help Traders make sound investment decisions.
  • Brainstorming with Traders to employ more efficient trading strategies.
  • Communicating with Traders about opportunities for future investments.
  • Acting as the in-house expert on derivative risk management, regulation, documentation and implementation.
  • Liaising with Traders and Management on market movements.
  • Training New Hires on futures.
  • Providing ongoing education to experienced Traders on future strategies and insights.
  • Executing trades on behalf of the Traders electronically or by phone.
  • Create and update various reports and tools to streamline operations.
  • Improving and managing interdepartmental reporting functions.
  • Tracking and analyzing trade profitability.
  • Completing daily and monthly reconciliation including mark-to-market reports.
  • Developing and testing trading strategies.
  • Preparing market forecasts and risk analysis regularly.
  • Recognizing and addressing unexpected market behaviour, dislocations, and other events that affect trade strategies.
  • Analyzing the fluctuations of buying and selling commodity futures contracts.
  • Building and maintaining analytical models to provide a dynamic analysis of the business.

What We’re Looking For

 

Education and Experience

  • Degree or diploma in a related program such as Finance, Economics, Mathematics, Statistics, or Actuarial Science.
  • Minimum 2+ years of experience with financial markets.
  • CFA, FRM, PRM designations considered an asset.
  • Experience in data and time series analysis is strongly preferred.

 

Competencies

  • Excellent interpersonal skills and the ability to effectively communicate and interact with all levels of an organization.
  • Ability to perform technical analysis on future contracts.
  • Excellent understanding of various derivatives such as swaps, options, and futures.
  • Expertise in physical commodity products and risk management
  • Excellent analytical and mathematical skills prepared to optimize reward/risk ratios.
  • Proficient in Microsoft Excel.
  • Ability to complete work in a timely manner with accuracy and attention to detail.
  • Ability to act with good judgement and discretion; keeping sensitive business data secure
  • A high degree of initiative, work ethic, integrity, and honesty.
  • High-energy with an entrepreneurial spirit.

 

Why Join Us?

  • Work hard, play hard company culture
  • Employee stock ownership plan
  • On-site gym and showers
  • On-site kitchen
  • Extended health benefits
  • Life insurance
  • Long-term disability insurance
  • Employee assistance and scholarship programs
  • Easy access to the mountains and oceans

 

Apply Now!

For more information on Olympic Industries, please visit our website at www.olympicind.com. To apply, please submit a resume in confidence to careers@olympicind.com.

Our Recruitment Process

At Olympic Industries, we strive to build a team with the best cultural fit and make our company the best place employees have ever worked. As one of our top priorities is to develop top talents and create jobs that best fit them (versus moulding them into positions), our recruitment process takes time to complete. We would like to thank you in advance for your patience and engagement as we go through the process together. Our recruitment process differs between roles - here are some steps we take to get to know you:

  1. Phone Interview

    After reviewing your job application, our Recruiter will invite you to a phone interview if we think there could be a mutual fit. This is the first step we take to get to know more about your qualification and to find out if your career ambitions align with the position.

  2. First Interview

    A first face-to-face interview with the Recruitment team will help us get to know your professional background and career goals better. This is also the time for us to give you an overview of how the company operates and answer any questions you may have about the job.

  3. Assessments

    We take training and development very seriously, and we want to know how we can help our employees excel. Should you become a member of our team, the Personality Assessment for Traders will help us create a customized development plan for you. Meanwhile, the Abilities Assessment will help us predict your ability to learn new skills, understand concepts, and solve problems at work.

  4. Interview with the Traders

    No one knows the Trader’s job more in-depth than our in-house Traders. During the interview, our Traders will share what the dynamic profession entails and learn about your potential to succeed as a Trader Trainee.

  5. Interview with the President

    As you pass the first few interview phases, we will schedule a time for you to meet our President. As the strategic leader of Olympic Industries, our President will use this opportunity to get to know you more and discuss how we can help each other succeed.

  6. Realistic Job Preview

    At Olympic Industries, we take pride in our business transparencies. As we move towards the end of the interview process, we may invite you to spend a day in our office so we can show you the nitty-gritty of how the company operates. As you spend time with our employees, you will be able to learn everything you need to know about the Trader-Trainee job, including its benefits and challenges you may face should you become a member of our team.

Working at Olympic

  1. Company Culture

    With an average tenure of approximately 10 years, Olympic places a strong emphasis on developing a culture of growth, support and mutual success. In such a fast-paced and demanding industry, it is important that we operate as a team and a family. We work hard together, and we play hard together.

  2. Entrepreneurial

    Each of our traders have the opportunity to build and manage their own business, with full autonomy to source, analyze and pursue deals and clients. With no two traders sharing the same approach, each gets to choose how they run their desk—who you sell to, how you sell, what you sell and how much you earn.

  3. Earning Potential

    Once the training program has been completed, business plan developed and the book of business has become sustainable, our traders move from salary to commission-based compensation. Through hard work and commitment, the income potential on our trading floor is limited only to the proficiency and ambition of our traders.

  4. Employee–Owned

    Olympic is part of the Forest City Trading Group, which is comprised of 12 companies read across North America. Employee owned since 2004, each of our employees has the opportunity to invest and earn stock into the parent company each year. They then enjoy returns through both share appreciation and annual dividends.

  5. Training Program

    At Olympic, we have made a radical commitment to search out the most promising emerging talent and nurture their development through a comprehensive and supportive mentoring process. Each successful candidate embarks their career with a salaried, 12-month program of both internal training and external professional development. Before they ever see the trading floor, we ensure that each member of our team has a complete understanding of each of our divisions and business channels

  6. Benefits and Perks

    We strive to create a working environment that is both focused and healthy. We offer a comprehensive benefits package, an RRSP program, wellness initiatives, employee assistance and scholarships to each of our team members. Our location, adjacent to Burrard Inlet on Vancouver’s North Shore provides easy access to the mountains and oceans, as well as world class shops, restaurants and parks within walking distance. Throughout the year, we host a myriad of high quality team building events, getaways and activities
We work hard together and we play hard together ↘

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