The skillsets required to be in a commodity trading team have always been evolving. However, that evolution is accelerating in the wake of new technologies and especially AI.
In this episode, we trace the changing roles and skills traders have needed over the last century and what the future holds as AI becomes ever more involved in the day-to-day activities of a trading desk. What are the skillsets of the past and their future? Are they fundamentally different? How is AI already affecting teams? And how will AI shape the careers and opportunities within the sector?
Speaking to our host Paul Chapman on this episode is Daf Davies, long time commodity trader, and founder and CEO of Deus AI – a consulting firm focused on preparing companies for the commodity trading future.
Key Talent Takeaways
AI Literacy as a Core Competency
While foundational skills like negotiation and market insight remain vital, traders must now develop proficiency in using AI tools. This includes interpreting AI-generated insights and integrating them into decision-making processes, making technological fluency a critical talent asset.
Adaptability and Continuous Learning Are Key
The role of a commodity trader has evolved significantly, requiring professionals to adapt to new tools and methodologies. Future talent must be open to continuously learning, especially as AI and automation reshape traditional skill requirements.
Collaboration Skills Are Non-Negotiable
The complexity of modern trading demands collaboration across diverse teams, including analysts, risk managers, and AI specialists. Talent that excels in working across functions and synthesising insights from various sources will thrive.
Strategic Focus Over Tactical Execution
With routine tasks increasingly automated, the emphasis for talent shifts towards strategic thinking and relationship-building. Aspiring traders must develop high-level problem-solving abilities and invest in building networks that provide unique market intelligence.
Opportunities in Smaller, Agile Firms
Mid-sized and smaller organisations, which can adopt AI and new technologies faster, offer talent the chance to gain hands-on experience and drive impactful projects early in their careers. Professionals looking to excel should seek roles in environments where they can actively use and refine emerging tools.
HC Group is a global search firm dedicated to the energy and commodities markets.
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