Commercial Analytics Intern

Hours: 40 hours
Country: Rotterdam, The Netherlands 

VARO

24 hours a day, 365 days a year VARO Energy....

VARO is a top supplier of high-quality renewable fuels to various industries in Northwest Europe, including transport, agriculture, bunkering, construction and home energy.

VARO Energy is focused on becoming a leading player in the European energy transition, with an ambitious strategy to grow exponentially in the renewable energies sector. Large projects are currently underway in the fields of hydrogen, biogas, green electricity, e-mobility, carbon offtake and trading, carbon-based crypto assets, and biofuels. The company intends to grow at high-speed in the coming years.

Currently VARO Energy’s key economic drivers are its major downstream business in North West Europe. VARO refines, stores and distributes (bio)fuels for the European market. VARO has been a major player in the area of blending and trading sustainable biofuels for more than 10 years.

VARO Energy has a large and expanding asset base. The group owns a refinery in Switzerland, a majority share of a refinery in Germany, more than 50 (bio)fuels storage facilities throughout Switzerland, Germany, France and the Benelux and has the logistical expertise and infrastructure to transport products from the refineries and the terminals to its customers.

This internship is designed for analytically strong graduates who want hands-on exposure to commodity trading, risk, and market analytics.

THE POSITION

As a Commercial Analytics Intern, you will receive one core analytical project with a clear business objective and deliverable (approximately 80% of your time). The remaining time of your internship is dedicated to gaining structured desk exposure, providing hands-on experience across different products and desks. You will also have the opportunity to work with commercial teams and learn how analytical insights translate into trading decisions and opportunities. Throughout the internship, you will gain exposure to physical, futures, and OTC markets.

In this role, you will work closely with the Trading, Risk Management and Commercial teams to support trading desks with market analysis, risk reporting, and analytics. You will be responsible for real analytical tasks used in day-to-day trading decisions.

(This is not a general business or administrative internship).

YOUR KEY RESPONSIBILITIES

• Analyse price movements, spreads, and forward curves;

• Support daily exposure and risk monitoring for trading desks;

• Assist with scenario and sensitivity analysis on trading positions;

• Help analyse PnL drives and market performance;

• Maintain and improve desk-level dashboards and reports;

• Automate recurring reports using Excel and/or Python;

• Work with market and position data from internal systems.

YOUR PROFILE

• Is a Bachelor's or Master’s student, or a recent graduate in Economics, Finance, Mathematics, Engineering, Physics, Data Science or similar;

• Has strong analytical and numerical skills and is comfortable working with data and drawing conclusions;

• Has advanced Excel skills (VBA) and experience with Python, R, SQL or similar programming;

• Has genuine interest in markets, trading, and commodities;

• Preferably has prior exposure to financial markets or commodities;

• Preferably has experience with data analysis projects or coursework.

FURTHER COMPETENCIES

• Proactive mindset: you take ownership of tasks, ask questions and seek opportunities to add value;

• Adaptability: a dynamic work environment is where you thrive in;

• Curiosity and learning agility: you are eager to explore markets, products and trading strategies, and to continuously develop new skills;

• Collaborative and independent working style: you have a team-player mentality, yet capable of working independently;

• Structured and precise: you pay attention to details and you have a methodical approach to ensure accuracy in all aspects of your work;

• Strong communication skills: both written and verbal, you know how to communicate effectively and clear with internal and external stakeholders;

• A hands-on, pragmatic approach: tackling tasks direct and efficient is something you do well.

WE OFFER

• A professional and very well-connected work environment with a young and international team in a growing company, on the cutting edge of the energy transition;

• Real responsibility and ownership from day one, exposure to professional commodity trading desks and a strong foundation in market analytics and risk;

• Mentorship from experienced traders and analysts;

• Contributing to excellent work delivered by the team, where quality and team spirit are key;

• An attractive workplace in the office in our Rotterdam offices with development opportunities in an international, corporate environment.

WANT TO LEARN MORE ABOUT OUR AMBITIOUS VISION, MISSION AND STRATEGY?

Find more information here

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