At a Glance
- Tasks: Gain hands-on experience in Trading Operations within the commodities trading industry.
- Company: Engelhart, a dynamic commodities trading company with a collaborative culture.
- Benefits: 25 days holiday, health benefits, hybrid work, and discounted gym membership.
- Other info: Real responsibility and exposure to trading operations with excellent career growth opportunities.
- Why this job: Develop analytical skills while supporting live trading operations in a fast-paced environment.
- Qualifications: Numerical or analytical degree student, strong attention to detail, and Excel skills.
The predicted salary is between 500 - 1500 £ per month.
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.
About The Role
This 13-month sandwich placement offers a penultimate-year undergraduate the opportunity to gain hands-on experience in Trading Operations within the commodities trading industry. The role provides end-to-end exposure to the operational lifecycle of commodity trades, from trade execution support through to settlement, logistics, and reconciliation, within a fast-paced, market-driven environment.
You will gain hands-on experience supporting live trading operations, working closely with Traders, Risk, and Finance teams to ensure accurate processing, control, and settlement of trading activity. The role is designed to provide real responsibility and exposure to how a trading-led business operates in practice, whilst developing strong analytical, operational, and commercial skills.
Please note that to be eligible for consideration, candidates must be enrolled in a sandwich-year degree and available to commence their placement in July 2026.
Responsibilities
- Ensuring all OTC and inter-company settlements are completed in a timely manner.
- Assisting in the onboarding of new counterparties by ensuring all static data is correct in our trading system.
- Owning the end of day cashflow report to ensure all settlements for the day have been reconciled and processed.
- Reconciling and settling monthly renewable PPA (Power Purchase Agreement) contracts.
- Performing and understanding the daily global margin calls.
- Managing inventory and deliveries for renewable certificates (ROCs, REGOs, GOOs).
- Working closely with the London-based Product Control team, ensuring all invoicing and cash reconciliations are completed in a timely manner prior to month end.
- Assisting the Middle Office & Operations Manager with process improvements around automation.
- Monitoring the Back Office mailbox, owning the distribution of tasks accordingly, escalating issues to senior colleagues where appropriate.
- Reconciling futures positions traded on various exchanges (e.g. ICE/EEX/CME) and liaising with Front Office to resolve any discrepancies.
- Confirming deals with OTC counterparts for various Power and Gas contracts.
About You
You are a detail-oriented and analytically minded student with a strong interest in the operational and lifecycle aspects of trading, and how accurate processing, controls, and systems underpin a successful commodities business. You take pride in accuracy, ownership, and supporting front-office teams through strong operational delivery.
Education, Experiences And Skills
The following education, experiences and skills are essential for application:
- Currently studying towards a numerical or analytical undergraduate degree and eligible to undertake a full-time, on-site 13-month UK sandwich placement as part of your degree and available from July 2026.
- Analytical and highly numerate, with strong attention to detail.
- Microsoft Excel skills at intermediate level or higher, including competence working with large data sets.
- Excellent communication and interpersonal skills, with the ability to engage in effective, direct communication across different levels of seniority with colleagues globally, including Trading, Risk, and Finance teams.
- Proactive, curious, and keen to learn in a fast-paced environment.
- A team player approach and willingness to support the wider team where needed.
- Comfortable in a supporting role, with a strong sense of ownership and accountability for operational outcomes.
In addition, the following criteria is not required, but highly desirable for this role:
- Interest in commodities, trading, or financial markets.
- Proficiency in SQL and/or Python for data analysis or automation (e.g. data cleaning, simple scripts, or working with pandas).
- Previous internship, placement, or part-time experience in finance or a commercial environment.
- Exposure to trade processing, confirmations, settlements, or reconciliations.
- Experience with financial systems, ERP tools, or trading/risk platforms.
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.
Trading Operations Intern in London employer: TargetJobs UK
Engelhart is an exceptional employer that fosters a collaborative and inclusive work culture, providing Trading Operations Interns with hands-on experience in the dynamic commodities trading industry. With a strong focus on employee growth, the company offers comprehensive benefits including generous holiday entitlement, health assurance, and a hybrid working schedule, all while promoting diversity and inclusivity within its talented teams. This role not only equips interns with valuable operational skills but also immerses them in a supportive environment where they can thrive and contribute to meaningful projects.
StudySmarter Expert Advice🤫
We think this is how you could land Trading Operations Intern in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, and don’t be shy about asking for a chat. They can give you insider info about the company culture and what it’s really like to work there.
✨Tip Number 2
Prepare for the interview by researching Engelhart's recent projects and their impact on the commodities market. Show us that you’re not just interested in the role, but also in how you can contribute to our mission.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want to see your personality shine through, so don’t just recite rehearsed lines. Be yourself and let your passion for trading operations come through!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows us you’re serious about joining our team. Don’t forget to follow up after applying – a little nudge can go a long way!
We think you need these skills to ace Trading Operations Intern in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Trading Operations Intern role. Highlight any relevant coursework, projects, or previous internships that showcase your analytical and operational abilities.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Mention how your background fits with Engelhart's values like being bold and collaborative.
Show Off Your Excel Skills:Since this role requires strong Microsoft Excel skills, consider including specific examples of how you've used Excel in your studies or previous roles. This will demonstrate your capability right from the start!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows your genuine interest in joining our team at Engelhart.
How to prepare for a job interview at TargetJobs UK
✨Know Your Numbers
As a Trading Operations Intern, you'll be dealing with a lot of data. Brush up on your numerical skills and be prepared to discuss how you handle large datasets, especially in Excel. Maybe even bring a few examples of your work or projects that showcase your analytical abilities.
✨Understand the Industry
Familiarise yourself with the commodities trading landscape. Research Engelhart's recent activities, especially the acquisition of Trailstone, and be ready to discuss how this impacts their operations. Showing that you understand the market dynamics will impress your interviewers.
✨Show Your Team Spirit
Engelhart values collaboration, so be prepared to share examples of how you've worked effectively in teams. Think about times when you supported others or contributed to group success, and highlight your proactive approach to teamwork during the interview.
✨Ask Smart Questions
Prepare thoughtful questions that demonstrate your interest in the role and the company. Inquire about the specific challenges the Trading Operations team faces or how they measure success in this position. This shows you're not just interested in the job, but also in contributing to the team's goals.