Credit Risk Analyst Intern

About Us

Engelhart was founded in 2013 by BTG Pactual Group as a commodities trading company. Our business model is “asset light” and highly diversified – giving us the ability to adapt effectively and nimbly to changing market conditions. We have assembled successful multidisciplinary teams, leveraging advanced fundamental analysis with deep quantitative and weather research capabilities. Our activities are underpinned by strong risk management practices and by powerful technology and operational excellence. We have exceptional teams with diverse global backgrounds and decades of experience, and are driven by a highly collaborative culture, across products and competencies. In 2024, Engelhart acquired Trailstone, a global energy trading and technology company. The acquisition provides us with new expertise, analytics and proprietary technology which is being used to provide risk management and optimisation services to help maximise the value of our clients’ renewable power. The acquisition also expanded Engelhart’s capabilities into physical natural gas across North America, a critical fuel to support the energy transition. Our talented and experienced individuals work together according to its four company values: be bold, be collaborative, be proactive, be your best.

Role Details

Full Time | 13-month Placement | Hybrid (4+ days on-site) 01 July 2026 – 29 July 2027

About The Role

This 13-month sandwich placement offers a penultimate-year undergraduate the opportunity to gain hands‑on experience within the Credit Risk function of a commodities trading business. The role provides exposure to counterparty credit risk management across energy and commodity markets, including margining, exposure monitoring, and credit analysis. You will support the day‑to‑day activities of the Credit Risk team in a fast‑paced, market‑driven environment, gaining insight into how credit risk is managed across trading portfolios and counterparties. The role is designed to provide meaningful responsibility, strong technical and analytical development, and practical exposure to risk management within the commodities sector. You will also have exposure to industry peers giving you a chance to create a network of professionals.

Responsibilities

• Support the onboarding of new counterparties by assisting with data entry in relation to agreements, credit support, financial statements, credit limits and internal ratings.
• Assist with credit review preparation, which is a key process of the Credit management function. This includes the risk assessment of the counterparty by way of understanding the industry in which they operate and their financial standing (balance sheet, profit and loss account and cash flow statements).
• Assisting with exposure monitoring and credit reporting, including daily OTC margining process, across trading portfolios.
• Collaborate with other functions such as Risk, Legal, Operations and Finance to widely understand and mitigate the risks to our organization.
• Contribute to the continuous improvement of credit reporting tools, data quality, and documentation.
• Keep updated with market and industry developments.

About You

You are an analytically minded student with a strong interest in risk management, finance, and commodities markets. You are comfortable working with data, enjoy problem‑solving, and are keen to understand how credit risk interacts with trading activity and market movements in a commodities business.

Education, Experiences And Skills

• Currently studying towards a degree in Finance, Economics, Business, or a related discipline.
• Eligible to undertake a full‑time, on‑site 13‑month UK sandwich placement as part of your degree and available from July 2026.
• Intermediate Microsoft Excel skills or above, including formulas (e.g., IF, SUMIFS, XLOOKUP/INDEX-MATCH), pivot tables, and basic data validation.
• High attention to detail and strong organisational skills.
• Ability to communicate clearly and succinctly, verbally and in writing, and work collaboratively within a global team environment.
• Proactive, curious, and keen to learn in a fast‑paced, market‑facing role.

In addition, the following criteria is not required, but highly desirable for this role:

• Previous internship, placement, or part‑time experience in finance, risk, or a commercial environment.
• Interest in commodities, energy markets, or trading environments.
• Intermediate knowledge of Python for data analysis or automation.
• Fluent or intermediate level of German and/or Japanese will be a plus.

What we offer

• 25 days of annual holiday entitlement, excluding UK public holidays.
• Comprehensive dental, health and life assurance.
• 9% employer paid pension contributions.
• Supplemental benefits including salary sacrifice options and interest‑free transport season ticket loans.
• A hybrid working schedule, with one day per week working remotely.
• Access to complimentary drinks and snacks from our two in‑office kitchens.
• A discounted gym membership for our in‑house luxury health club.

We believe in inclusivity and are therefore dedicated to ensuring all employees – across gender identity, race, ethnicity, sexual orientation, religion, life experience, background and more – feel welcome and included in the company. We promote diversity because we believe it is essential to our ability to think holistically.