Senior Power Specialist

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 individual will be responsible for delivering reliable and efficient settlement, scheduling, confirmation, invoicing & market information for our North American Physical Trading business. They will bring value to the business by offering expert market knowledge, robust IT solutions, solid inter-company collaboration and strong front office relationships.

In addition, this role will own the following responsibilities:

• Reconciling and settling all ISO activity; including FTRs, Physicals, and Load transactions.
• Reviewing ISO Invoices, reconciling to Risk System, and resolving all variances.
• Processing and finalizing ISO and external payments.
• Coordinating and submitting Applications for all Environmental, FTR, and Load Auctions.
• Providing familiarity with physical REC and Carbon Allowance settlements and delivery processes.
• Reporting P&L and position deviations and providing deal analysis of estimates vs actuals.
• Managing all ISO digital certificates and access.
• Working closely with Compliance to complete all the ISO Annual minimum participation requirements and Regulatory Reporting.

About You

We believe the following experiences and skills will best set his person up for success:

• Demonstrable proficiency in power trading activities and settlement procedures for all ISOs (PJM, ERCOT, SPP, MISO, CAISO, ISONE and NYISO).
• ISO Portal Administration experience, including new sub-account and deal set-up.
• Strong knowledge of Power Scheduling procedures.

What we offer

• 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.

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.