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Place all ingredients except for steak in a blender or food processor and mix well.
Trim all the excess fat from the steak then slice, with the grain, into 1/4-inch thick slices. Combine marinade and steak in a large zip lock bag. Place bag in a bowl and refrigerate for at least 12 or up to 24 hours.
When ready to cook, start the Traeger grill on Smoke with the lid open until the fire is established (4 to 5 minutes). Set the temperature to Smoke and preheat, lid closed, for 5 minutes. *If using a Timberline grill, set temperature to 160 degrees F and press Super Smoke.
Place steak slices on grill leaving a small gap in between each slice. Cook for 5 hours. Remove jerky from grill.
Enjoy warm or cooled to room temperature.