Description
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: Performance, Agility, Collaboration, Entrepreneurship.
Commodity Trading Analytics Internship Program
Six-Month Internship: June 15 – December 16, 2027
Houston and NYC (full-time, on site)
Salary Range: $68,000 - $100,000 annualised
Engelhart’s Internship Program offers a unique opportunity to gain hands-on experience with North American Front Office teams working at the intersection of commodities markets, data, analytics, modelling and trading. Interns will contribute to practical, data-led projects that support commercial decision-making, forecasting, risk analysis and market insight across power, gas, and broader commodity markets. To be eligible for consideration, applicants must have the right to work in the United States for the full duration of the internship and be available to commence their six-month internship on site from June 15, 2027.
The internship opportunities covered by this advert are as follows:
- Quantitative Development Intern, Houston
- Quantitative Research Intern, Houston
- NA Power & Gas Analytics Intern, Houston
- FTR Analytics Intern, Houston
- NA Structured Products & Origination Analytics Intern, Houston
- West Power Analytics Intern, New York
Applicants may indicate areas of particular interest during the process. All roles require strong analytical and technical skills, with opportunities spanning data analysis and visualisation, machine learning, forecasting, financial modelling, statistics/econometrics and quantitative modelling. Final allocation will take into account business need, candidate profile and overall fit.
What You Can Expect
- Hands-on experience on a commodities trading desk, working on analytical projects with real commercial relevance.
- Exposure to how data, analytics, visualisation, forecasting, machine learning and modelling support trading and commercial decisions across North American power, gas and broader commodity markets.
- Close learning and mentorship from experienced front office professionals, including direct exposure to desk leadership.
- A structured six-month internship within a global commodities business, combining cohort-based learning with deep desk integration.
Example Project Areas
Depending on the internship opportunity, projects may include data analysis and visualisation, building models and analytics, improving machine learning models for power prices, gas demand or renewables, working on Monte Carlo simulations and time-series analysis, supporting pricing, valuation, optimisation or portfolio construction problems, developing AI-enabled tools, improving pre-trade pricing or portfolio management of structured origination positions, and producing insights that help inform front office trading and commercial decisions.
Key Responsibilities
- Work closely with a Houston or New York front office team on data-led projects within North American power and gas, FTR, structured products and origination, or West Power.
- Analyse large market, trading and fundamental datasets to identify insights that support forecasting, valuation, risk analysis and commercial decision-making.
- Develop, test or improve analytical tools, models, dashboards or workflows using Python and other relevant tools.
- Support forecasting, financial modelling, machine learning, statistical/econometric analysis, Monte Carlo simulation or quantitative optimisation activities, depending on desk requirements.
- Conduct market research and present findings clearly to technical and commercial stakeholders.
- Contribute to day-to-day desk activity, building practical understanding of how analytics supports trading and portfolio decisions.
About You
Across our 2027 internship program, we are looking for motivated, intellectually curious individuals who are keen to apply strong analytical, quantitative and technical skills to real business challenges in power, gas, renewables and broader commodity markets. You should be comfortable working with data, learning quickly, and collaborating closely with front office teams in a fast-paced trading environment.
The following experiences and skills are essential for application:
- Strong academic background in a quantitative discipline such as Computer Science, Data Science, Engineering, Physics, Mathematics, Statistics, Economics, Finance or a related STEM field.
- Strong Python skills, with the ability to analyze, manipulate and interpret complex data sets.
- Excellent analytical and problem-solving skills, with a structured and detail-oriented approach.
- Evidence of applying data analysis, coding or quantitative methods to a practical problem, gained through academic projects, internships, research, personal projects or other relevant experience.
- Demonstrable interest in commodities, power or financial markets, including an ability to discuss relevant market developments, gained through academic study, projects, internships, research or personal interest.
- Business-level English proficiency.
- Right to work in the United States for the full duration of the internship.
- Effective communication skills and a collaborative mindset, with the confidence to work closely with commercial and technical stakeholders.
- Intellectual curiosity, with the motivation to understand how market fundamentals, data and commercial decisions interact.
The following would be advantageous:
- Experience with SQL, relational databases, data visualisation, machine learning, AI/LLM tools, Git, financial modelling, advanced Excel/VBA, or working with large market
- Exposure to forecasting models, valuation, statistics/econometrics, time-series analysis, stochastic modelling, Monte Carlo simulation, optimisation, MILPs or portfolio construction.
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.
Similar jobs
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…
Est. 45,000 EUR
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…
Est. 40,000 EUR
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…
Est. 55,000 EUR
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…
Est. 80,000 GBP
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…
Est. 124,000 USD
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…
Est. 80,000 EUR
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…
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…
Est. 80,000 USD
WWM Logistics, LLC is seeking a Data Science Intern to support its natural gas trading desk. This role sits at the intersection of daily market reporting and deeper quantitative analysis, providing traders with the timel…
Est. 45,000 EUR
Tower Research Capital is a leading quantitative trading firm founded in 1998. Tower has built its business on a high-performance platform and independent trading teams. We have a 25+ year track record of innovation and…
Est. 45,000 GBP
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to g…
Est. 80,000 USD
As a Software Engineer Intern, you’ll work side-by-side with your mentor and teammates to build real-world applications that power a global trading firm. Your projects will be scoped based on your team’s real needs — not…
Est. 45,000 GBP
About Us:Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America and in Europe. Since spinning out of a l…
Est. 80,000 USD
As a Software Engineer Intern, you’ll work side-by-side with your mentor and teammates to build real-world applications that power a global trading firm. Your projects will be scoped based on your team’s real needs — not…
Est. 93,600 USD
About Us:Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America and in Europe. Since spinning out of a l…
Est. 300,000 USD
About Five Rings Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today’s global markets. With offices in New York, Boca Raton, London and Amst…
Est. 80,000 USD
About AQR Capital Management AQR is a global investment firm built at the intersection of financial theory and practical application. We strive to deliver concrete, long-term results by looking past market noise to ident…
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to g…
Est. 45,000 GBP
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to g…
Est. 45,000 GBP
Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to g…
Est. 45,000 GBP
Maven Securities is a leading proprietary trading firm that leverages sophisticated technology and quantitative analysis to trade in global financial markets. We specialise in options and derivatives market making, where…
Est. 54,000 USD
The Trade Desk is a global technology company and the world’s leading independent platform for digital advertising, with nearly 4,000 employees across more than 30 offices. Our technology helps advertisers reach the righ…
Est. 45,000 GBP
About Us:Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America and in Europe. Since spinning out of a l…
Est. 45,000 EUR
As a Quantitative Research Intern, you’ll use data, mathematics and technology to turn financial market data into quantitative insights and trading strategies. You will tackle a practical research challenge using rich ma…
Est. 45,000 EUR
As our Quantitative Trading Intern, you’ll see how research, technology and trading come together in live markets while getting first-hand exposure to Amsterdam’s trading floor. Under the guidance of industry experts, yo…
Est. 104,000 USD
About Us:Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America and in Europe. Since spinning out of a l…
Est. 90,000 USD
About Us AXQ Capital is a global quantitative investment firm with offices in New York, Beijing, Shanghai, and Hong Kong. We pursue consistent alpha through rigorous scientific research and sustained investment in techno…
Est. 420,000 USD
The Firm XTX Markets is a leading algorithmic trading firm which uses state-of-the-art machine learning technology to produce price forecasts for over 50,000 financial instruments across equities, fixed income, currencie…
Est. 260,000 USD
Virtu is an industry-leading financial technology firm that operates both proprietary trading and client-facing businesses in the global financial marketplace. Our cutting edge, proprietary technology is core to everythi…
Est. 150,000 USD
Flow Traders is looking for entrepreneurial, competitive, and analytical students to join our New York Trading team as a Trading Intern for Summer 2027. Spend your summer experiencing what it’s like to be a Trader in the…