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Middle Office Analyst
Engelhart
Houston21h ago
About the role
<div class="content-intro"><h2><strong>About Us</strong></h2>
<p>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.</p>
<p>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.</p>
<p>Our talented and experienced individuals work together according to its four company values: <strong>Performance, Agility, Collaboration, Entrepreneurship</strong>.</p></div><h3><strong><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">About the Role</span></span></strong><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></h3>
<p><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">This is an exciting opportunity to join our Global Middle Office team as a Middle Office Analyst based in either Houston or Stamford. The analyst will perform a key controlling function, supporting daily P&L calculation, valuation, position management, and risk oversight across multiple commodity trading businesses. In addition, the role will focus on driving process improvement, automation, data analytics, and AI-enabled solutions to enhance the scalability and effectiveness of Middle Office operations.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<p><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">The successful candidate will work closely with Trading, Market Risk, Operations, Finance, IT, and senior business stakeholders, serving as both a trusted business partner and a catalyst for continuous improvement across the organization. This role offers significant exposure to North American physical and financial Power & Gas markets while providing opportunities to lead strategic initiatives that strengthen controls, improve reporting, and leverage technology to create operational efficiencies.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<p><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">This will be a full-time role, owning the following </span></span><strong><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">responsibilities</span></span></strong><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">:</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<ul>
<li><span data-contrast="auto">Analyze daily P&L movements, positions, and risk exposures, providing meaningful commentary and challenge to trading desks and stakeholders.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Price and validate Futures, Options and Swap products, supporting daily mark-to-market and valuation processes.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Serve as a key liaison between Trading, Market Risk, Finance, Operations, IT, ISOs, and FCMs to resolve issues and support business initiatives.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Lead the identification, design, and implementation of process improvements to enhance efficiency, scalability, and control effectiveness across the Middle Office function.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Develop and maintain automation solutions using Python, SQL, AI tools, and other technologies to streamline reporting, reconciliations, data validation, and operational workflows.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Evaluate and implement practical AI-driven solutions to improve data quality, exception management, reporting, documentation, and business decision support.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Design and enhance dashboards, analytics, and exception-based monitoring tools to provide actionable insights into P&L, positions, risk, and operational performance.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Partner with business and technology teams on strategic projects, system enhancements, and data initiatives that improve operational resilience and support business growth.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
<li><span data-contrast="auto">Continuously review existing processes and controls, identifying opportunities to reduce operational risk, eliminate manual effort, and improve overall effectiveness.</span><span data-ccp-props="{"201341983":0,"335551550":6,"335551620":6,"335559739":160,"335559740":278}"> </span></li>
</ul>
<p><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<h3><strong><span data-contrast="auto">About You</span></strong><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></h3>
<p><span data-contrast="none"><span data-ccp-parastyle="No Spacing">W</span><span data-ccp-parastyle="No Spacing">e </span><span data-ccp-parastyle="No Spacing">believe</span><span data-ccp-parastyle="No Spacing"> the following </span></span><strong><span data-contrast="none"><span data-ccp-parastyle="No Spacing">experience</span><span data-ccp-parastyle="No Spacing">s</span><span data-ccp-parastyle="No Spacing"> and skills</span></span></strong><span data-contrast="none"><span data-ccp-parastyle="No Spacing"> will best set up this individual for success</span><span data-ccp-parastyle="No Spacing">: </span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<ul>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">3-5 year</span><span data-ccp-parastyle="No Spacing">s of commodities or derivatives market experience</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Advanced Python coding and SQL</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> knowledge</span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Experience </span><span data-ccp-parastyle="No Spacing">leveraging</span><span data-ccp-parastyle="No Spacing"> AI/LLM tools for business process automation</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Power BI, Tableau, or similar visualization platforms</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Data analytics and workflow automation experience</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Commodities trading, risk, or Middle Office experience preferred</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Strong process improvement and project management capabilities</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
</ul>
<p><span data-contrast="none"><span data-ccp-parastyle="No Spacing">In addition, the following are not essential but highly desirable:</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<ul>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Knowledge about risk management (</span><span data-ccp-parastyle="No Spacing">VaR</span><span data-ccp-parastyle="No Spacing">, drawdown, Greeks)</span><span data-ccp-parastyle="No Spacing">.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="none"><span data-ccp-parastyle="No Spacing">Familiarity with the following applications: Bloomberg, Zema, </span><span data-ccp-parastyle="No Spacing">WebICE</span><span data-ccp-parastyle="No Spacing">, CME Direct.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
</ul>
<p><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></p>
<h3><strong><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">What we offer</span></span></strong><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></h3>
<ul>
<li><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">Competitive compensation and participation in </span><span data-ccp-parastyle="No Spacing">Engelhart</span><span data-ccp-parastyle="No Spacing">’s discretionary bonus plan. </span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">2</span><span data-ccp-parastyle="No Spacing">0</span><span data-ccp-parastyle="No Spacing"> days of annual holiday entitlement, excluding U</span><span data-ccp-parastyle="No Spacing">S</span><span data-ccp-parastyle="No Spacing"> public holidays.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">Robust </span><span data-ccp-parastyle="No Spacing">benefits</span><span data-ccp-parastyle="No Spacing"> package</span><span data-ccp-parastyle="No Spacing"> such as </span><span data-ccp-parastyle="No Spacing">Medical, </span><span data-ccp-parastyle="No Spacing">D</span><span data-ccp-parastyle="No Spacing">ental, </span><span data-ccp-parastyle="No Spacing">V</span><span data-ccp-parastyle="No Spacing">ision, </span><span data-ccp-parastyle="No Spacing">L</span><span data-ccp-parastyle="No Spacing">ife insurance</span><span data-ccp-parastyle="No Spacing">, </span><span data-ccp-parastyle="No Spacing">401(k)</span><span data-ccp-parastyle="No Spacing"> </span><span data-ccp-parastyle="No Spacing">match,</span><span data-ccp-parastyle="No Spacing"> and </span><span data-ccp-parastyle="No Spacing">supplemental benefits partially subsidi</span><span data-ccp-parastyle="No Spacing">s</span><span data-ccp-parastyle="No Spacing">ed by the Company. </span><span data-ccp-parastyle="No Spacing"> </span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
<li><span data-contrast="auto"><span data-ccp-parastyle="No Spacing">Eligibility to receive external and internal training </span><span data-ccp-parastyle="No Spacing">in accordance with</span><span data-ccp-parastyle="No Spacing"> our </span><span data-ccp-parastyle="No Spacing">Training </span><span data-ccp-parastyle="No Spacing">& Development Policy.</span></span><span data-ccp-props="{"335551550":6,"335551620":6}"> </span></li>
</ul><div class="content-conclusion"><p><em>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.</em></p>
<p> </p></div>
Perks & benefits
- 401k
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