Regulatory Analyst Intern (8-Month Fixed-Term Contract)

Job Title: Regulatory Analyst Intern Location: Belgium / Remote Employment Type: Full Time, Fixed Term (paid) Contract Length: 8 Months Company Overview Targray – Building sustainable solutions for a world in transition. Established in 1987 in Montreal, Canada, Targray is a global leader in the sourcing, transportation, storage, trading, and distribution of commodities and advanced materials for a broad range of industry sectors. Our supply solutions help reduce the world's carbon footprint while enabling our customers to create safer, more reliable products for consumers. Targray has operations in 11 countries and over $1B USD in annual sales. In 2019, the company made its debut appearance on the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue. Great Place to Work® | Best Workplaces in Quebec (2020–2024) Deloitte | Best Managed Companies (2019–2022) Job Summary Carbon pricing and renewable energy frameworks across Europe, North America and Asia are evolving at record speed. As a Regulatory An alyst Intern on Targray’s Environmental Commodities team, you will help translate complex policy developments into clear guidance, actionable market insights, and practical trading opportunities. Working closely with traders, compliance specialists, and other members of Targray’s regulatory team, you will play a key role in helping the business understand emerging rules, quantify credit opportunities, manage regulatory risk, and expand into new environmental commodity markets. This is an opportunity to work at the intersection of energy transition policy, carbon markets, and commodity trading. This internship is suited for a candidate who is curious, analytical, and eager to develop their skills by solving complex problems and building practical analytical frameworks. The intern will gain hands on experience in a fast moving market and see how their work directly informs commercial decisions. For a strong performer, the position may provide a pathway to a full time opportunity, subject to performance and business needs. This is a remote position based in Belgium, with occasional travel required. Applicants must be legally authorized to work in Belgium. Responsibilities Collaborate daily with traders, compliance operations, logistics, and regulatory team members to ensure positions and deal structures align with current regulations. Monitor, interpret, and summarize subnational, national and supranational renewable energy, and cap-and-trade rules; flag upcoming changes, deadlines, and risks. Investigate and build comparative frameworks for new compliance-credit programs emerging outside Canada, with a specific focus on EU and European national policy , but also including in U.S. states and Asia-Pacific markets. Quantify credit generation and deficit pathways, assess eligibility requirements, and map registry procedures. Maintain a living database of program requirements, compliance timelines, methodologies, and regulatory interpretations. Produce succinct briefing notes, dashboards, and decision memos that highlight market impacts and trading opportunities. Apply engineering judgment to evaluate low-carbon fuel pathways, project eligibility, emissions-intensity calculations, and technical regulatory requirements. Leverage AI-driven research tools, large-language models, policy-text mining, and automated web-scraping to accelerate regulatory intelligence gathering. Build relationships with regulators, auditors, consultants, and industry working groups; represent Targray in public consultations where appropriate. Requirements Bachelor’s degree in engineering, energy, sustainability, environmental markets, regulatory analysis, engineering consulting, finance, or data analytics preferred. Environmental engineering background is considered a strong asset, but not required. 1 or more years of experience in energy, sustainability, environmental markets, regulatory/policy analysis, engineering consulting, finance, or data analytics. Co-op or internship experience in climate, energy, fuels, carbon markets, or environmental compliance considered an asset. Demonstrated understanding of European climate policy, including within renewable energy and emissions. Strong analytical and critical-thinking skills, with the ability to distill legislation, technical standards, and regulatory guidance into clear business language. Advanced Excel/Sheets skills required; familiarity with SQL, Python, or other data-analysis tools welcomed. Demonstrated ability or strong interest in using generative AI and data-science tools to improve research, analysis, and reporting. Strong written and verbal communication skills. Self-starter who enjoys a fast-paced trading-floor environment and can balance detail-oriented research with commercial urgency. English required; French considered an advantage. Diversity & Inclusion Diversity and inclusiveness are at the heart of who we are and how we work. We are committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We welcome and embrace the diverse experiences, abilities, backgrounds, and perspectives that make our people unique and help guide us. When people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world. For more information about our company, please visit https://www.targray.com/ . #LI-REMOTE