What are the responsibilities and job description for the Physical Operations Analyst, North American Gas position at Engelhart?
About Us
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.
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.
Our talented and experienced individuals work together according to its four company values: be bold, be collaborative, be proactive, be your best.
Physical Operations Analyst, North American Gas – Houston, TX/Stamford, CT
About the Role
This is a permanent and exciting opportunity to join our Physical Operations team as a Physical Operations Analyst. The Analyst will provide Back Office support related to Engelhart’s Physical Gas trading business within the US and Mexico. This role involves but is not limited to confirmations, trade verification, invoices and settlement services with US and Mexican counterparties & gas pipelines volumes. Additionally, the analyst will engage in internal projects aimed at optimizing existing controls. This key role offers direct exposure to the gas schedulers, trading desks, risk department, technology, accounting, and other internal stakeholders.
Reporting to Head of Physical Operations, this position’s main duties include, but are not limited to:
The following education, experiences and skills are essential for application:
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.
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.
Our talented and experienced individuals work together according to its four company values: be bold, be collaborative, be proactive, be your best.
Physical Operations Analyst, North American Gas – Houston, TX/Stamford, CT
About the Role
This is a permanent and exciting opportunity to join our Physical Operations team as a Physical Operations Analyst. The Analyst will provide Back Office support related to Engelhart’s Physical Gas trading business within the US and Mexico. This role involves but is not limited to confirmations, trade verification, invoices and settlement services with US and Mexican counterparties & gas pipelines volumes. Additionally, the analyst will engage in internal projects aimed at optimizing existing controls. This key role offers direct exposure to the gas schedulers, trading desks, risk department, technology, accounting, and other internal stakeholders.
Reporting to Head of Physical Operations, this position’s main duties include, but are not limited to:
- Responsibility for ensuring accurate and timely monthly settlement of US & Mexican physical gas transactions.
- Reviewing and reconciling gas volumes internally vs pipelines invoices & counterparties in the US and Mexico.
- Identifying discrepancies & resolving issues quickly.
- Responsibility for the daily creation and dispatch of paper confirmations, as well as the receipt and validation.
- Resolving any discrepancies in eConfirm when needed.
- Reconciling internal systems versus pipeline invoices ensuring transportation fees and storage charges are accurate.
- Monitoring & managing outstanding invoices & following up on overdue payments.
- Liaising with different stakeholders (market risk, ALM, operations, finance, technology, business management).
- Proactively engaging in internal projects to enhance processes and controls.
- Ensuring that processes are continually reviewed and improved, risks are managed, and results meet expectations.
The following education, experiences and skills are essential for application:
- A bachelor’s degree, or equivalent academic or experience-led qualification, in the subjects of accounting or finance.
- Minimum of 1-2 years of Back Office experience in US and/or Mexican Physical Gas settlement & reconciliation.
- Working written and verbal Spanish language skills at intermediate level or above.
- Knowledge of some or all exchanges: CME, ICE, NODAL, and NGX.
- Working experience with eConfirm.
- Proficiency in Excel at an advanced level is essential. Other programming skills, such as VBA, Python and SQL, are highly desirable but not required.
- Strong attention to detail.
- Strong written and verbal communication skills.
- A self-starter attitude and willingness to work independently in a dynamic organization under pressure, at times with tight deadlines and high expectations.
- Strong interpersonal and teamwork skills with the ability to develop solid working relationships across functions.
- Competitive compensation and participation in Engelhart’s discretionary bonus plan.
- 20 days of annual holiday entitlement, excluding US public holidays.
- Robust benefits package such as Medical, Dental, Vision, Life insurance, 401(k) match, and supplemental benefits partially subsidized by the Company.
- Eligibility to receive external and internal training in accordance with our Training & Development Policy.
