Engelhart · 1 month ago
Power & Gas Valuation Analyst
Houston, Texas
Full-time
Onsite
Entry, Mid Level
2+ years expEngelhart is a commodities trading company that has recently expanded its capabilities into physical natural gas across North America. The Power & Gas Valuation Analyst will perform P&L valuation functions for North American Power & Gas businesses, engage in daily reconciliations, and develop internal projects aimed at optimizing existing controls.
AgricultureEnergyIndustrial
Responsibilities
Produce and explain daily P&L and position reports across multiple Power & Gas trading strategies
Provide clear commentary on daily P&L drivers (price, volume, basis, shape, and embedded optionality)
Develop a deep understanding of structured transactions, full-requirements deals, and other non-standard products
Perform product level valuation analysis and support reserve/adjustment justification
Build market perspective by sourcing broker and ISO data, evaluating forward curves and consensus pricing, and performing trend and fair-value analysis on illiquid hubs and shaped products
Support Trading, Risk, and Management with ad-hoc analysis, deal reviews, and commercial insights for new business initiatives
Work closely with Operations and IT to maintain data quality, ensure accurate valuation inputs, and improve system workflows
Identify opportunities to improve data quality, control frameworks, valuation methodologies, and analytical tools
Contribute to documentation, workflow standardization, and model transparency to ensure repeatability and scalability as the business grows
Qualification
Required
Bachelor's degree with a strong analytical or quantitative focus (Finance, Economics, Engineering, Math, or related fields)
2–3 years of experience in a commodities trading or valuation environment, ideally within North American Power & Gas
Strong intellectual curiosity and ability to learn complex product structures and physical market mechanics quickly
Advanced Excel skills and familiarity with at least one programming language (VBA, Python, or SQL preferred)
Working knowledge of financial derivatives (futures, options) and physical Power & Gas products
Self-driven, detail-oriented, and comfortable working independently in a fast-paced environment
Strong communication and teamwork skills, with the ability to build relationships across functional teams
Preferred
Familiarity with ISO markets (e.g., PJM, ERCOT, CAISO)
Benefits
Medical
Dental
Vision
Life insurance
401(k) match
Supplemental benefits partially subsidized by the Company
Company
Engelhart
Engelhart is a global commodities trading company built for today's markets and the transitions shaping tomorrow.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Diogo Novaes
Chief Technology Officer
Andrea Vignola
Human Resources Business Partner
Recent News
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