Trading Analyst Intern (H1 2027)

As a Trading Analyst Intern on the carbon desk, you'll support the desk across market intelligence, financial modelling. It's a broad, commercial role: one day you might be synthesising market developments into a briefing, the next building a valuation model or helping prepare deal documentation.

This is a specialised, desk-specific role — distinct from our broader Data & Analytics internship — built around commercial and financial analysis in support of the carbon business.

KEY RESPONSIBLITIES

1. Market Intelligence & Commodity Insights

• Monitor, extract, and synthesise macro trends, market dynamics, and supply/demand fundamentals from a variety of sources
• Translate complex market data into actionable insights, daily/weekly briefs, and thematic research to inform trading and origination
• Track regulatory developments, policy shifts, and emerging dynamics across key regional markets

2. Financial Modelling & Project Evaluation

• Build and update financial models, project-finance structures, and unit-economics models
• Understand and evaluate carbon project risks, viability and risk-adjusted returns
• Contribute to client presentations and pitch preparation, presenting financial analysis and strategic insights to stakeholders

3. Data & Reporting Support

• Extract and pull data from web sources, portals, and internal systems (including light web scraping)
• Maintain, update, and run existing reports, trackers, and dashboards
• Clean and organise data feeding into models, briefings, and reports

EDUCATION AND EXPERIENCE REQUIREMENT

• Pursuing a degree in Finance, Economics, Quantitative Finance, Financial Engineering, Business, Accounting, Mathematics, Statistics, or Engineering
• Solid financial modelling ability — three-statement models, DCF, and core valuation methods
• Strong grasp of financial metrics and deal economics (IRR, NPV, sensitivities)
• Strong analytical, research, and communication skills
• An interest in carbon markets, commodities, or origination

NICE TO HAVE

• Exposure to project finance, valuation, or transaction analysis
• Ability to work with data using Python and/or SQL
• Familiarity with market intelligence and benchmark platforms
• Understanding of carbon markets, energy, or commodity fundamentals

Who we are

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.

With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices.

Glencore’s customers are principally industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.