Commodity Trading Intern Jobs in Chicago, IL (NOW HIRING)

Entity:
Finance
Job Family Group:
Business Support Group
Job Description:
Please note that candidates are permitted to apply for only one bp Early Careers opportunity globally within a 180-day period. If multiple applications are submitted within this timeframe, only the first application received will be considered. Any subsequent applications will be withdrawn from the selection process.
About bp
bp operates at the heart of the global energy system, helping countries meet their energy needs and serving millions of customers every day. With world-class assets, technology, trading capability, and partnerships, we deliver energy at scale today while investing with discipline in the energy transition.
About the role
As a Finance & Risk Intern, you'll get hands-on exposure to how bp supports trading activity in fast-moving commodity markets. Finance and Risk help monitor, report, and control the risks connected to trading activity, including market exposure, profit and loss, pricing, and trading controls. You'll learn how finance and risk teams work with trading benches to understand market movements, explain performance, and help protect bp through strong controls.
During the internship, you'll build technical and non-technical skills through on-the-job learning, employee-led training sessions, e-learning, mentorship, and project work. You'll have opportunities to use digital tools, analyze data, ask questions, solve problems, and communicate insights to people across Finance, Risk, and Trading & Shipping.
Successful interns may be considered for a full-time role within our Finance and Risk Graduate Development Program after earning their degree.
What you might do day to day

• Review daily trading activity and help validate exposure, profit and loss, and mark-to-market information.
• Learn how live market volatility impacts trading positions and how teams monitor risk measures such as exposure, stress testing, liquidity, and trading limits.
• Work with data from systems and tools such as Excel, Power BI, and other trading/risk platforms to identify trends, exceptions, or areas for improvement.
• Join conversations with finance and risk colleagues, trading benches, and other supporting teams to understand how commercial decisions are supported and challenged.
• Own a summer project that solves a real business problem, then share your work through a final presentation.

What you'll build

• A practical understanding of commodity markets, trading activity, financial controls, and risk management
• Confidence working with data, analytics, and digital tools to turn information into useful insight
• Communication and presentation skills through project updates, team discussions, and your final presentation
• A network of peers, mentors, and colleagues across bp's Finance, Risk, and Trading & Shipping community

One Finance is bp's early careers program for people starting their finance careers. The program is designed to help early-career professionals build broad experience, develop transferable skills, and grow through challenging assignments, structured learning, and a strong support network. Early-career colleagues joining One Finance may follow one of these tracks: Core Finance, Procurement, or Finance & Risk.
Our internships
Make an impact on cutting-edge projects. Help find solutions to complex challenges. Be part of a company that invests in you and your growth. You can do it all as an intern at bp. Our 12-week summer program gives you the opportunity to build your technical knowledge, develop key skills, and learn more about life at bp. You'll be part of one team throughout your internship, supported by a dedicated line manager and buddy. There'll be opportunities to connect with other interns, take part in training, and grow your network across the business.
As a bp intern, you can expect:

• A 12-week project-based internship
• A structured performance process, including goal setting, project deliverables, a midpoint check-in, and a final presentation
• A peer mentor to help you transition into bp
• A summer experience that goes beyond the desk, with intern events, team activities, and opportunities to connect with other interns across bp

Benefits

• Retirement savings opportunities
• bp-provided corporate housing with furnished apartments
• Relocation assistance (if eligible)
• Competitive pay
• We pay interns and co-ops a set non-negotiable monthly rate based on your degree major, degree level and year of graduation. For this role, monthly salaries range from $5,313 to $5,625).
  • *Please note the pay range listed for this position is a good faith and reasonable estimate of the base pay for this position at the time of posting.

Minimum requirements

• Working toward a bachelor's degree
• Graduating between December 2027 and May 2028
• Current Cumulative GPA Minimum 3.0
• Eligible to work in the U.S. with no restrictions; bp will not support U.S. immigration sponsorship for full-time or long-term employment
• Must be available to start 12-week internship on May 17, 2027 (will be required to pass all background and medical checks at least one week prior to start date)
• Willing to relocate to Chicago, IL for the duration of the internship

Preferred qualifications

• Interest in commodity markets, trading, finance, analytics, or risk management
• Familiarity with Excel and PowerPoint; exposure to Power BI or other data tools is a plus
• Strong communication skills
• Curiosity and willingness to ask questions, learn quickly, and solve problems
• Basic understanding of financial controls and risk management

Legal Disclaimer
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics, including race, religion, color, national origin, sex, sexual orientation, age, veteran status, or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process, such as accessing the job application, completing required assessments, and participating in telephone screenings or interviews. If you would like to request an adjustment/accommodation related to the recruitment process, please contact us. If you are selected for a position, your employment may be contingent upon adherence to local policy depending on your role. This may include pre-placement drug screening, a medical review of physical fitness for the role, and background checks.
Travel Requirement
No travel is expected with this role
Relocation Assistance:
This role is eligible for relocation within country
Remote Type:
This position is a hybrid of office/remote working
Skills:
Adaptability, Authenticity, Communication, Continuous Learning, Courage, Creativity and Innovation, Curiosity, Decision Making, Digital Fluency, Ethical judgement, Excellence, Group Problem Solving, Influencing, Knowledge Sharing, Listening, Managing volatility, Resilience, Self-Awareness, Stakeholder Engagement, Stakeholder Management, Understanding Emotions, Writing skills
Legal Disclaimer:
We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp's recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.