Consultants to Managers - Commodity Trading

About Baringa

Baringa is a global consulting firm that partners with leaders to drive change and create value. With deep industry expertise, and enabled by advanced technology, the firm helps clients to deliver with greater confidence and certainty. With over 2,000 people across the UK, Europe, North America, Asia and Australia, the firm combines global insight with local understanding.

The firm works across energy and resources, financial services, government and public sector, consumer products and retail, pharmaceuticals and life sciences, manufacturing, and technology, media and telecoms, with capabilities spanning strategy, transformation and operational excellence – all powered by advanced technology, data, AI and digital innovation.

Clients value Baringa’s collaborative approach and the way its teams integrate seamlessly – all working with a shared understanding of what matters most. The firm is known for its kind, curious experts who listen closely and care deeply about client success as they help clients transform energy markets, modernise financial platforms, expand telecoms and digital networks through advanced data analytics, enable digital services in government, and unlock growth in consumer sectors.

Certified as a Great Place to Work around the world, Baringa has been recognised by the Financial Times in 22 categories of its UK Leading Management Consultants rankings, and by Forbes for four consecutive years as one of the World’s Best Management Consulting Firms.

Our Commodities & Energy Trading practice are looking for Consultants to Managers to join our team in Madrid.

We work with leading commodity trading organisations, energy companies and large consumers, supporting them to navigate increasingly complex markets and deliver large-scale transformation programmes. Our work spans strategy, operating model design, trading transformation, and technology delivery.

This is an opportunity to combine deep industry exposure with hands-on delivery, working on high-impact projects across a broad range of topics.

What you will be doing

You will work closely with clients on a range of transformation and advisory engagements, including

Trading systems transformation: Supporting trading landscape design, system selection, implementation, and optimisation for trading platforms, including contributing to software development activities.

Operating model & business transformation: Supporting the design and implementation of trading operating models across the full commodity lifecycle.

Digital & trading transformation : Helping clients embed data, analytics, and AI into trading and decision-making processes.

Risk advisory: Strengthening risk frameworks, governance, and reporting across trading organisations.

Your skills and experience

We are particularly looking for people with experience or specialism in the following key areas across these sectors:

Oil and Bulk Commodities Trading : Expertise in bulk commodities trading markets, with a strong understanding of at least one of the following markets: oil, gas, LNG, metals or petrochemicals and refined products. Candidates should have a clear understanding of trading processes, market dynamics, and industry trends.

LNG, Gas & Clean Fuels Trading: Familiarity with different types of LNG contracts, such as long-term contracts, spot contracts, and short-term agreements. Understanding of pricing mechanisms and benchmarks, including oil-linked pricing, gas-on-gas pricing, and hybrid models.

Power and Short-Term Power Trading: Expertise in different power trading markets (e.g., day-ahead, real-time, bilateral, and over-the-counter markets) and an understanding of the impact that the rise in renewables, intermittency and flexibility is having on the markets.

Freight and Shipping Trading: Expertise in different areas of freight and shipping, including marine freight markets, the supply-demand balance for shipping capacity, key trade routes, the impact of economic cycles on freight rates and familiarity with different types of shipping contracts.

Depending on your level of experience and specialism, you may also bring skills in one or more of the following areas:

Business analysis, workstream lead, or agile delivery skills.

Strong analytical skills.

Data strategy, architecture, and management skills.

Understanding of, and ability to adapt to key roles across the Software Development Life Cycle.

The ability to take ownership and deliver results in challenging, client-facing environments

Professional proficiency in English and Spanish (C1 or above).

What a career at Baringa will give you

Putting People First.

Baringa is a People First company and wellbeing is at the forefront of our culture. We recognise the importance of work-life balance and flexible working and provide our staff amazing benefits. Some of these benefits include:

Generous Annual Leave Policy: We recognise everyone needs a well-deserved break. We provide our employees with 5 weeks of annual leave, fully available at the start of each year. In addition to this, we have introduced our 5-Year Recharge benefit which allows all employees an additional 2 weeks of paid leave after 5 years continuous service.

Flexible Working: We know that the ‘ideal’ work-life balance will vary from person to person and change at different stages of our working lives. To accommodate this, we have implemented a hybrid working policy and introduced more flexibility around taking unpaid leave.

Corporate Responsibility Days: Our world is important to us, so all our employees get 3 every year to help social and environmental causes and increase our impact on the communities that mean the most to us.

Wellbeing Fund: We want to encourage all employees to take charge and prioritise their own wellbeing. We’ve introduced our annual People Fund to support this by offering every individual a fund to support and manage their wellbeing through an activity of their choice.

Profit Share Scheme: All employees participate in the Baringa Group Profit Share Scheme so everyone has a stake in the company’s success.

Diversity and Inclusion

We are proud to be an Equal Opportunity Employer. We believe that creating an environment where everyone feels a sense of belonging is central to our culture and that diversity is paramount to driving creativity, innovation, and value for our clients and for our people.

An award-winning workplace

You can be a part of our ‘Great Place to Work’ – with our commitment to women and well-being in the workplace for all. Click here to see some of our recent awards and how we’ve achieved this.

Using business as a force for good.

We maintain high standards of environmental performance and transparency, which can be seen through our commitment to Net Zero with our SBTI-verified Scope 1, 2 and 3 emissions reduction targets and our support of the Better Business Act. We report our progress publicly and ensure that we are also externally assessed and scored through organisations like CDP and EcoVadis - helping us to continually identify where we can improve.

We have a long legacy of supporting the communities in which we work, and offer a variety of ways to contribute, by putting people first and creating impact that lasts. Our Corporate Social Responsibility (CSR) agenda is about giving back to the communities in which we live and work by sharing our skills, talent and time. In essence, we aim to empower and encourage everyone in the firm to contribute to the things we care about, and support registered charities and organisations with a clear social or environmental purpose to increase the positive impact they can have.

Join us

All applications received will be reviewed by a member of our Talent Acquisition team. We never rely solely on automated screening or AI tools to make hiring decisions. Your application will be considered for employment without regard to race, ethni