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.
Commodities Trading Internship Programme
Four-Month Internship: 07 July – 06 November 2026
Houston, TX (full-time, on site)
About the Internship
Engelhart’s Internship Programme is a unique opportunity designed to provide a strong basis for a role within commodities. To be eligible for consideration, applicants must be available to commence their four-month internship from July 07, 2026.
We are offering five Houston-based internship opportunities in 2026: one internship each for our Financial Transmission Rights (FTR) Desk, Carbon & Structured Commodities Desk, PJM Power Desk, Power & Gas Analytics team, and Operational Weather Research team.
What You Can Expect
- Hands-on experience on a dedicated commodities Desk, with opportunities to make real impact and gain industry-ready skills.
- Close learning and mentorship from senior Front Office professionals, including direct exposure to Desk Heads.
- Growth opportunities within a dynamic, global organisation, supported by both a structured cohort programme and deep Desk integration.
Don’t meet the criteria for this internship programme? Please review our other 2026 internship opportunities.
Key Responsibilities
- Collaborate closely with the Desk to actively contribute to ongoing projects or activities.
- Engage 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.
- Get hands-on experience developing models.
- Engage in market research and analysis.
- Cultivate collaboration among team members to achieve common goals and objectives.
- Actively participate in training and learning opportunities to enhance skills relevant to the internship.
About You
Across our 2026 internship programme, we are looking for motivated individuals who are eager to grow and contribute to a fast-paced, intellectually stimulating environment and have a keen interest in commodities. The following experiences and skills are essential for application:
- Strong academic background in Engineering, Mathematics, Computer Science, Physics, Data Analytics, Statistics, Atmospheric Science, or a related quantitative discipline.
- A high level of proficiency with Python; SQL and Excel skills are a plus.
- 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.
- Demonstrable experience in time-series data analysis or machine learning is highly advantageous.
- Previous exposure to commodities or trading environments is highly advantageous.
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.
Top Skills
What We Do
Engelhart is a global commodities trading company built for today's markets and the transitions shaping tomorrow.
We trade across the full commodities complex, from energy and renewables to agriculture, metals, freight, and carbon. Our role is to connect markets, manage risk, and uncover value where others see volatility.
What sets us apart is how we bring it together:
• Deep market expertise across physical and financial products
• Quantitative and data-led insight that strengthens decision-making
• A culture that values collaboration, speed, and independent thinking
Founded in 2013 as part of BTG Pactual Group, Engelhart operates with a strong balance sheet and a global footprint. Our teams combine technical depth with commercial instinct: delivering liquidity, price discovery, and stability to the world’s most dynamic markets.
We don’t just trade what exists today. We help shape what comes next.
Engelhart
Where the future trades
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