Risk Analyst

We are seeking a Risk Analyst to join our growing team in Calgary, Alberta. This dynamic role will ensure the accurate measurement, monitoring, and management of market risks across our crude, gas, and power portfolios, while driving strong governance and strategic middle‑office practices. Your Qualifications 1–4 years of experience in commodity risk management; NA Crude experience strongly preferred, with exposure to Gas and Power markets an asset.

Strong knowledge of market risk concepts (stress testing, back testing, MtM, P&L, VaR). Familiarity with financial hedging strategies and CTRM/ETRM systems. Professional designation (CFA, FRM, PRM) or working toward one preferred.

Advanced Excel skills (macros/VBA); coding experience in SQL, Python, or R is a plus. Ability to thrive in a fast‑paced, time‑sensitive environment with excellent organizational and communication skills. Collaborative mindset with ability to build strong relationships across Marketing, Accounting, Treasury, and Audit teams.

Your Responsibilities Independently assess, elevate, and mitigate financial, operational, and reputational risks related to marketing positions and exposures. Implement and maintain operating standards and control processes to strengthen risk governance. Validate exposures across Front, Middle, and Back Office; independently value physical and financial positions.

Publish daily exposure and P&L attribution reports, weekly limit utilization, and monthly stress/back‑testing. Reconcile trades against active hedging strategies; maintain MTM files and calculate P&L. Monitor hedging strategies for compliance with signal limits; review trader proposals for alignment with risk policies.

Conduct margin monitoring, stress testing, and scenario analysis for clearing accounts. Govern forward curves and perform Independent Price Verification (IPV); experience with MarketView/ZEMA an asset. Manage counterparty onboarding (KYC), credit limit setting, collateral agreements, and coordinate credit reviews.

Review and approve ISDA Master Agreements, GT&Cs, and confirmations to ensure compliance with credit and risk policies. Maintain and enhance risk systems and models; experience with CTRM/ETRM platforms (RightAngle, Allegro, OpenLink, Endur) preferred. Benefits & Development Competitive company‑paid benefits supporting mental, physical and financial well‑being, including an annual Wellness Account, generous paramedical allowance, and access to Virtual Health Care professionals.

Participation in our pension plan and savings plan with company matching. Two paid volunteer days and volunteer rewards. Compressed Work Schedule (CWS) providing two Fridays off per month and flexible work hours.

Mentoring program, on‑demand e‑Learning courses, and formal training opportunities. Closing Statement All positions require background checks which could include checks of employment history, education, professional licenses, Social Security Number, and criminal history. #J-18808-Ljbffr