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Targray

Junior Trading/Research Analyst - Environmental Commodities

Join Targray as a Junior Trading/Research Analyst in Gurugram, India. Support market research and trading strategy development in global environmental markets. Enjoy a competitive salary, flexible work arrangements, and a modern workplace.
Targray
Targray
Gurugram, India Flexible Full time UTC+05:30

Targray

Company Overview

Targray Technology International Inc.

Montreal, Quebec, Canada

1987

Approximately 100 employees (source: targray.com). Revenue figures post-2022 are not publicly reported, but annual revenues exceeded US$250 million by 2009 and were estimated at $550 million around 2019 (source: wikipedia.org).

What They Do

Targray is a Canadian multinational materials distributor and commodities trader that focuses on sustainable energy sectors. The company has diversified its offerings over the years, starting with manufacturing materials for the compact disc industry and evolving into key areas such as solar photovoltaics, lithium-ion energy storage, and renewable fuels including biodiesel and renewable natural gas (RNG). Their product range includes raw photovoltaic materials like polysilicon and solar cells, as well as lithium-ion battery materials and ISCC-certified renewable feedstocks (source: targray.com). Target markets for Targray's products and services include PV manufacturers, solar suppliers, project developers, and utilities, primarily across North America, Europe, and Asia (source: targray.com).

Projects & Track Record

While Targray primarily acts as a materials supplier and distributor, it has played a significant role in enabling solar PV manufacturing globally since 2005. The company has supported lithium-ion battery production since 2010 and has scaled biodiesel distribution through its extensive network of U.S. terminals and rail fleet. Although specific completed projects like utility-scale solar farms are not detailed, Targray is notable for powering international solar supply chains in over 50 countries (source: wikipedia.org). Ongoing initiatives include expanding renewable diesel to underserved markets and connecting suppliers to project developers for green hydrogen programs (source: targray.com).

Recent Developments

In recent years, Targray has launched its international Environmental Commodities trading desk, enhancing its operations for carbon credits and offsets in North America and Europe (source: targray.com). The company has also partnered with Green Marine to advance sustainable marine fuels in North America. While there have been no major acquisitions or funding rounds reported post-2022, Targray has received recognition as one of Deloitte Canada's Best Managed Companies, underscoring its stability and growth in the renewable sector (source: targray.com).

Working There

Targray offers a variety of roles across multiple departments including sales, marketing, trading, and supply chain/logistics. The company employs nearly 100 staff at its headquarters in Kirkland, Quebec, and has operations in the U.S., Europe, and Asia, indicating a diverse and global workforce (source: targray.com). The company culture emphasizes innovation and a team-oriented approach to customer relationships, with a focus on community investment and employee retention through amenities like gym facilities at their headquarters (source: edc.ca).


Last updated on 2026-02-23 | Report an issue

Job Description

We are seeking a highly motivated and analytically strong Junior Trading / Research Analyst to join our Trading Analyst team in Gurgaon. This role is ideal for a recent graduate with strong analytical capabilities and international exposure who is keen to build a career in trading, market analysis, and strategic research.

You will work closely with senior analysts and the Trading team to support market research, trading strategy development, and commercial decision-making across global environmental markets, including the U.S., Canada, Europe, and South Africa.

This is a high-visibility role offering exposure to global trading activity and the opportunity to contribute directly to commercial outcomes.

Who You Are

  • A recent graduate (Bachelor's or Master's degree in Economics, Finance, Engineering, Mathematics, or related field).
  • Strong analytical thinker with high attention to detail.
  • Comfortable working with data, models, and structured problem-solving.
  • International exposure through study or work abroad preferred.
  • Naturally curious about global markets, regulation, and trading dynamics.
  • Able to work in a fast-paced, performance-driven environment.

Responsibilities

1. Market Research & Analysis

  • Conduct in-depth qualitative and quantitative research on global environmental commodity markets.
  • Analyze regulatory developments, policy changes, and market trends affecting trading strategies.
  • Develop supply-demand balance models and price outlook analysis.

2. Trading & Strategy Support

  • Support senior analysts in identifying trading opportunities and strategic positioning.
  • Assist in preparing trading strategy notes and market commentary.
  • Translate research insights into actionable commercial recommendations.

3. Reporting & Modeling

  • Build and maintain analytical models in Excel and Python.
  • Prepare structured market reports, presentations, and internal strategy documents.
  • Ensure accuracy and integrity of data used in analysis.

4. Cross-Functional Collaboration

  • Work with commercial, risk, and operations teams to support execution of strategic initiatives.
  • Contribute to division-wide discussions and planning.

Requirements

  • Experience: Minimum 3 years of research experience in environmental commodities.
  • Education: University degree or higher; recent graduates are encouraged to apply.
  • International Exposure: Demonstrated international (abroad) experience through study or work.
  • Analytical Skills: Very strong aptitude for qualitative research, critical thinking & problem solving with excellent analytical capabilities.
  • Communication: Exceptional interpersonal and communication skills; native fluency in English (both written and oral).
  • Mindset: A self-starter with a keen interest in learning and an entrepreneurial approach to problem-solving.
  • Collaboration: Ability to work effectively in a team environment, contributing to strategic discussions and initiatives.
  • Responsibility: Ability to take responsibility & deliver the assigned projects on time with high quality results & data-driven solutions.
  • Advanced proficiency in Microsoft Excel (financial modeling, data analysis, structured reporting)
  • Knowledge in Python is an added advantage

Employment Benefits

  • A competitive remuneration plan and an excellent working environment in a growing multinational organization.
  • Beautiful, spacious and modern workplace environment.
  • Flexible work arrangement policy.
  • Off-site Team Building and experiential development.
  • Life Insurance and Accidental Insurance for Self.
  • Free Medical Insurance for Self and Family.
  • A spacious office cafeteria providing nutritious complementary meals 5 days a week.
  • Gym Benefits.
  • Corporate Team Fun Activities.

Diversity & Inclusion

Diversity and inclusiveness are at the heart of who we are and how we work. We are committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We welcome and embrace the diverse experiences, abilities, backgrounds, and perspectives that make our people unique and help guide us. When people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

Apply now

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About the role

February 27, 2026

Full time

Company

March 1, 2026

Flexible

Energy Storage

Targray

targray.com

  •  Gurugram, India

Minimum 3 years of research experience

UTC+05:30