AltaGas - Risk Analyst

WGL; Calgary; On-site; CAD 80,000 - 110,000; Full time

Job summary

A leading energy company in Calgary is seeking a Market Risk Analyst to join their Commodity Risk team. This dynamic role involves collaborating with various teams to optimize reporting tools, analyze market data, and implement data science techniques to support strategic decision-making. Ideal candidates should have a degree in a quantitative field and strong analytical skills.

Benefits

Mentorship and development opportunities

High-impact project involvement

Competitive pay and incentive bonus plans

Qualifications

• Degree in Mathematics, Statistics, Finance, Economics, or Engineering.
• Strong understanding of market risk modeling techniques.
• Experience with high-level programming languages such as Python and R.

Responsibilities

• Collaborate with Front, Middle, and Back Office teams for accurate reporting.
• Analyze market data to provide insights for decision-making.
• Develop exposure reporting tools and optimize dashboards.

Skills

Analytical skills

Data storytelling

Programming

Communication

Education

Undergraduate degree in a quantitative field

Tools

Power BI

SQL

ETRM systems (e.g., Allegro)

Job description

Job Description

AltaGas is seeking a dynamic and analyticalMarket Risk Analystto join our Commodity Risk team. This enterprise-wide role supports both ourMidstream and Utilities businesses, offering a unique opportunity to work across the value chain. This role blendsdata science, risk analysis, and stakeholder engagement, focusing on exposure reporting, reconciliation, and building data-driven insights. The ideal candidate will collaborate across Front, Middle, and Back Office teams, optimize reporting tools, and use coding and ETRM systems to enhance risk measurement and decision-making.

You Will:

• Collaborate across Front, Middle, and Back Office teamsto ensure accurate valuation, reconciliation, and reporting of commodity transactions

• Analyze internal and external market datato build compelling visuals and data stories that inform strategic decisions

• Develop and optimize exposure reporting tools and dashboards, ensuring data integrity and alignment across systems

• Partner with Front Office stakeholdersto build rapport and deliver actionable insights that support commercial decision-making

• Apply data science techniques and coding skills(e.g., Python, R) to uncover trends, assess market risks, and improve forecasting

• Support transaction valuation and ad hoc projectsby collecting and analyzing relevant market and deal data

• Utilize and enhance ETRM systems(e.g., Allegro) and other platforms to ensure accurate, timely reporting

• Explain commodity market movements and driversto both technical and non-technical audiences, bridging the gap between data and strategy

You Have:

• Anundergraduate degreein a quantitative field (Mathematics, Statistics, Finance, Economics, Engineering)

• Strong analytical skillsand a solid understanding of market risk modeling (e.g., VaR, stress testing, option pricing)

• Proficiency in data storytelling and visualization, using tools like Power BI to communicate insights effectively

• Advanced Excel skillsand the ability to query SQL databases for data extraction and analysis

• Experience withhigh-level programming languages(e.g., Python, R, Java, C#) for automation and data analysis

• Strong interpersonal and communication skills, with the ability to build rapport and explain complex ideas to non-technical stakeholders

• Aself-starter mindset, comfortable managing multiple priorities in a fast-paced, evolving environment

Why Join Us?

• Our Risk team plays a central role in shaping decisions across Midstream and Utilities—giving you exposure to the full energy value chain and a seat at the table where strategy happens

• You’ll be supported with mentorship, development opportunities, and the chance to work on high-impact projects that align with AltaGas’ long-term strategy

• You’ll be part of a company that’s not only performing—but transforming

For Canadian hires : AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.

For U.S. hires: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.

U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.