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Engelhart · 1 day ago

Middle Office Analyst

Stamford, Connecticut

Full-time

Onsite

Mid Level

3+ years exp

Engelhart is a commodities trading company founded in 2013, now expanded into energy trading and technology after acquiring Trailstone. They are seeking a Middle Office Analyst to perform daily P&L calculations, position management, and engage in reconciliations while collaborating with various internal stakeholders.

AgricultureEnergyIndustrial

Responsibilities

Preparing and assisting in the daily P&L and position reports for multiple businesses, specifically within the North American physical and financial Power & Gas markets

Performing daily reconciliations of trades and positions

Acting as a liaison between the trading desks, ISOs, and FCMs

Managing static data setups for internal systems (products, prices, etc.)

Reconciling exchange and index curves against 3rd party systems to internal

Commenting daily on P&L movements and explaining and critiquing the major positions and risks taken by the desk

Reconciling internal systems versus external counterparties

Pricing Futures, Options, and Physical Power & Gas products

Liaising with different stakeholders (market risk, ALM, operations, finance, IT, business managers), serving as the main reference point for several aspects related to these businesses

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

Qualification

Commodities trading experienceP&L calculationFinancial derivatives knowledgeExcel proficiencyProgramming skillsRisk management knowledgeProactive attitudeUniversity degreeInterpersonal skillsTeamwork skills

Required

University degree

Minimum of 3-5 years of experience within a commodities trading environment, specific knowledge of Physical/Financial North America Power & Gas is an asset

Knowledge of some or all exchanges: CME, ICE, NODAL, and NGX

Previous understanding of financial derivatives (futures and options) and physical power and gas

Familiarity with trade flow at commodity exchanges

Proficiency in Excel is a must

Other programming skills, such as VBA, Python and SQL, are an asset

Knowledge about risk management (VaR, drawdown, Greeks) is an asset

Familiarity with the following applications is a plus: Bloomberg, Zema, SAP