Commodity Risk Specialist

CenerTech Canada Ltd.; Calgary; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading company in Calgary is looking for a Commodity Risk Specialist to support North American marketing operations. The role involves measuring and reporting commodity risk exposure, implementing risk management principles, and collaborating with various stakeholders. Candidates should have extensive experience in commodity risk management, strong analytical skills, and relevant designations. The company offers a comprehensive benefits package and professional development opportunities.

Benefits

Comprehensive Benefits Package

Flexible Work Schedules

Professional Development Opportunities

Qualifications

• 5-10 years of experience in commodity risk management.
• Relevant professional designations preferred.

Responsibilities

• Collaborate with stakeholders for accurate valuation of commodity transactions.
• Develop pricing and valuation models.
• Report risk exposures including positions and stress testing.

Skills

Analytical Skills

Attention to Detail

Education

CFA

FRM

PRM

Tools

Excel

ETRM Systems

Job description

Job Title: Commodity Risk Specialist

Location: Calgary, Alberta, Canada

CNOOC International is seeking a Commodity Risk Specialist to join our team in Calgary. This role is vital for supporting our North American marketing operations within a global framework including offices in Beijing, Singapore, and London. Reporting to the Senior Manager, Credit & Contracts, Risk Management & Insurance, you will be responsible for measuring, overseeing, and reporting commodity risk exposure, implementing sound risk management principles, and rationalizing commodity prices to support our marketing business.

Responsibilities

• Collaborate with stakeholders across front, middle, and back offices to ensure accurate valuation, oversight, and reporting of commodity transactions.
• Develop and assist in implementing market-appropriate pricing and valuation models.
• Validate marketing transactions for accuracy, completeness, and market-based pricing.
• Formulate and report risk exposures, including positions, mark-to-market, and stress testing.
• Assist in developing and maintaining portfolio signals and limits.
• Provide independent valuations of physical and financial positions, and analyze market data to rationalize price movements and drivers.
• Ensure compliance with global and regional standards, policies, and procedures.

Qualifications

• 5-10 years of experience in commodity risk management or a related role, preferably in the oil/energy sector. Relevant professional designations such as CFA, FRM, or PRM are assets.
• Strong analytical skills, attention to detail, and proficiency in Excel and relevant business applications.
• Experience with ETRM systems like Right Angle is advantageous.

Additional Information

We offer a comprehensive benefits package, flexible work schedules, and opportunities for professional development including mentoring, e-Learning, and formal training. All positions require background checks including criminal record, education, and credential verification.

Application Process

Please apply through the designated external source provided.