At a Glance
- Tasks: Gain hands-on experience in commodity trading and develop new processes.
- Company: Join Mercuria, a leading energy and commodity trading company with a global presence.
- Benefits: Learn in a dynamic environment with opportunities for professional growth.
- Why this job: Be at the heart of trading operations and contribute to sustainable energy solutions.
- Qualifications: Familiarity with Python, SQL, and strong problem-solving skills are a plus.
- Other info: Proactive individuals will thrive in our innovative and collaborative culture.
The predicted salary is between 500 - 1500 £ per month.
Established in 2004, Mercuria is one of the leading integrated energy and commodity trading companies in the world. We bring energy markets together to support the needs of today by trading, structuring finance, and investing into strategic assets, while generating more than $110 billion in turnover.
Our operations span over 50 countries on 5 continents, including all the major energy hubs. We trade physical oil, energy products, environmental products and other commodities from Geneva, London, Singapore, Shanghai, Beijing, Dubai, Houston, Calgary and Greenwich (CT). We are committed to advancing the transition to a more sustainable, affordable and reliable energy system for tomorrow. Over 50% of our assets are in low carbon & energy transition sectors - providing a strong platform to trade these new markets and support decarbonization.
In 2023, we established Silvania, a $500 million fund, investing into restoration and protection of nature and biodiversity globally and in support of the Paris Agreement goals & UN 30x30 biodiversity initiative. This new asset class supports nature protection and provides sustainable financial returns.
As a placement student in our Clearing Operations department, you will be at the heart of our business, gaining hands-on experience in a dynamic commodity trading environment. You will be trained on exchange traded derivatives, market rules and regulations, and managing operational risk, where you will cover the full suite of energy commodities and the markets they are traded on. You will be challenged to develop new processes to address business needs and review existing ones with ad-hoc developments and improvements to the daily Clearing Operations tasks as well as helping to provide the group with valuable efforts in process enhancements.
Responsibilities:- T0 Processes: Learn about the trade data flows from the point of execution through to booking into our systems. Understand the potential points of failure and the processes in place to mitigate them.
- T+ Processes: Controls in ETD markets are based on T+1 information. Learn about the processes, controls and tasks completed to ensure the risk and PnL showing in our systems is accurate to the market.
- Collaboration: Work with trading desks, middle office, technology, compliance, and external exchanges and brokers to support with day-to-day trading activities.
- Automation: Contribute to streamlining our processes by helping develop automation tools, a key focus of our team.
- Tech Skills: Familiarity with Python, SQL, or data visualization tools is a plus – we value your technical proficiency.
- Problem-Solving: Your problem-solving abilities and a commercial mindset are assets we highly appreciate.
- Motivation: If you are driven, motivated, and eager to learn, you will thrive in our environment.
- Proactive: We value proactive and autonomous individuals who are ready to take the initiative.
Internship - Clearing Operations in City of London employer: Mercuria
Contact Detail:
Mercuria Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Internship - Clearing Operations in City of London
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn and ask them about their experiences. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by researching Mercuria's recent projects, especially around sustainability and energy transition. Show us that you're not just interested in the role but also in our mission!
✨Tip Number 3
Practice your problem-solving skills with real-world scenarios related to trading operations. We love candidates who can think on their feet and tackle challenges head-on.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace Internship - Clearing Operations in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Clearing Operations role. Highlight any relevant experience or skills, especially if you've worked with data or in a trading environment. We want to see how you fit into our world!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your motivation for the internship and how your skills align with our needs. Be genuine and let your personality come through – we love seeing the real you!
Showcase Your Tech Skills: If you've got experience with Python, SQL, or any data visualisation tools, make sure to mention it! We value tech-savvy candidates who can help us streamline processes and tackle challenges head-on.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive – just what we’re looking for!
How to prepare for a job interview at Mercuria
✨Know Your Stuff
Before the interview, dive deep into Mercuria's operations and their role in the energy market. Familiarise yourself with terms like T0 and T+ processes, as well as the importance of automation in trading. This will show your genuine interest and help you stand out.
✨Show Off Your Tech Skills
If you've got experience with Python, SQL, or data visualisation tools, make sure to highlight that during the interview. Be ready to discuss any projects or coursework where you've used these skills, as they’re looking for candidates who can contribute to streamlining processes.
✨Problem-Solving Mindset
Prepare to discuss specific examples where you've tackled challenges or improved processes. Mercuria values a commercial mindset, so think about how your problem-solving abilities can benefit their Clearing Operations department.
✨Be Proactive
During the interview, demonstrate your proactive nature by asking insightful questions about the role and the team. Show that you're eager to take initiative and contribute to the company’s goals, especially in areas like sustainability and process enhancements.