Commodities Trading Internship Programme

Job Description

About the Company: Engelhart

Engelhart, founded in 2013 by the BTG Pactual Group, operates as a commodities trading company. It employs an “asset light” and highly diversified business model, allowing for effective and nimble adaptation to changing market conditions. The company prides itself on assembling successful multidisciplinary teams that leverage advanced fundamental analysis alongside deep quantitative and weather research capabilities. All activities are underpinned by strong risk management practices and powerful technology, coupled with a focus on operational excellence. Engelhart’s teams are exceptional, featuring diverse global backgrounds and decades of experience, driven by a highly collaborative culture across various products and competencies.

In 2024, Engelhart expanded significantly by acquiring Trailstone, a global energy trading and technology company. This acquisition brought new expertise, analytics, and proprietary technology, which is now utilized to provide risk management and optimization services aimed at maximizing the value of clients’ renewable power. The acquisition also expanded Engelhart’s capabilities into the trading of physical natural gas across North America, a critical fuel supporting the ongoing energy transition.

The company culture is guided by four core values: be bold, be collaborative, be proactive, and be your best. Engelhart is dedicated to inclusivity, ensuring all employees feel welcome and included, regardless of gender identity, race, ethnicity, sexual orientation, religion, life experience, or background. They promote diversity, believing it is essential for holistic thinking and business success.

About the Job: Commodities Trading Internship Programme

This is a Four-Month Internship Programme specifically designed to provide a strong foundation for a career within the commodities sector.

• Programme Dates: The internship runs from July 07, 2026, to November 06, 2026.
• Location: The internship is on-site in Houston, TX.
• Eligibility: Applicants must be available to commence the full four-month internship from July 07, 2026.
• Opportunities: Engelhart is offering four Houston-based internship opportunities in 2026, each assigned to a specific desk:
• Power & Gas Analytics team
• Financial Transmission Rights (FTR) Desk
• Carbon & Structured Commodities Desk
• PJM Power Desk

What You Can Expect:

Interns can look forward to a comprehensive and impactful experience, including:

• Hands-on experience on a dedicated commodities Desk, with opportunities to make a real impact and gain industry-ready skills.
• Close learning and mentorship from senior Front Office professionals, providing direct exposure to Desk Heads.
• Significant growth opportunities within a dynamic, global organization.
• Support from both a structured cohort programme and deep Desk integration.

Key Responsibilities:

Interns will be expected to actively contribute to the team and gain practical experience through various tasks, such as:

• Collaborating closely with the assigned Desk to actively contribute to ongoing projects or activities.
• Engaging closely with day-to-day operational processes, gaining hands-on exposure to challenges, and ensuring that developed solutions effectively address current and future business needs.
• Providing operational support to the team as required.
• Gaining hands-on experience developing models.
• Engaging in market research and analysis.
• Cultivating collaboration among team members to achieve common goals and objectives.
• Actively participating in training and learning opportunities to enhance skills relevant to the internship.

About You (Skills and Qualifications):

Engelhart is seeking motivated individuals eager to grow and contribute to a fast-paced, intellectually stimulating environment with a keen interest in commodities.

Essential Skills & Experiences:

• Strong academic background in Engineering, Mathematics, Computer Science, Data Analytics, Statistics, or a related quantitative discipline.
• A high level of proficiency with Python.
• Business-level English proficiency.
• Excellent analytical and problem-solving skills.
• Effective communication skills and a collaborative mindset.
• High attention to detail and confidence working with large datasets.
• A strong interest in commodities markets.

Highly Advantageous Skills & Experiences:

• SQL and Excel skills are a plus.
• Demonstrable experience in time-series data analysis.
• Previous exposure to commodities or trading environments.