Middle Office Analyst
Posted 25 Sep 2026
BranchFactor Summary
The original posting with the fluff stripped out
- Expected experience
- 3–5 yrs
- Management level
- Individual contributor
- Contract
- Full-time
No salary listed for this role.
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: Performance, Agility, Collaboration, Entrepreneurship.
About the Role
This is an exciting opportunity to join our Global Middle Office team as a Middle Office Analyst based in either Houston TX or Stamford CT. 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.
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.
This will be a full-time role, owning the following responsibilities:
- Analyze daily P&L movements, positions, and risk exposures, providing meaningful commentary and challenge to trading desks and stakeholders.
- Price and validate Futures, Options and Swap products, supporting daily mark-to-market and valuation processes.
- Serve as a key liaison between Trading, Market Risk, Finance, Operations, IT, ISOs, and FCMs to resolve issues and support business initiatives.