Investment Analyst

TransAlta Corporation; Calgary; On-site; CAD 90,000 - 120,000; Full time

Benefits offered by this job

Annual incentives

Company-matching pension plan

Flexible health benefits

Job summary

TransAlta Corporation is seeking a results-driven Investment Analyst in Calgary, Alberta. Based in our Downtown Calgary Head Office with a hybrid schedule, you will support corporate development, perform rigorous financial analysis, and help shape our growth strategy across new-generation projects and potential acquisitions.

You will work with cross-functional teams to model financial impacts, evaluate risks, and identify value drivers, leveraging Excel, PowerPoint, and strong communication

Qualifications

• 3–5 years in corporate strategy, planning, or analysis
• Degree in business, finance, economics, or related field
• Experience in corporate development or investment banking preferred
• CFA is preferred or in progress

Responsibilities

• Provide financial analysis and support for growth opportunities including potential acquisitions and development projects
• Ensure all inputs to financial models are approved by sponsoring project manager
• Deliver accurate analysis of corporate impacts of investment decisions
• Create financial models and analyze business trends to support strategy development
• Collaborate with engineering, trading, operations, and tax to evaluate assets and identify risks and value drivers
• Support analysis across commercial contracts, development projects, and M&A transactions

Skills

Financial analysis

M&A experience

Excel expertise

Excellent communication

Time management

Education

Finance/Economics degree

Tools

Excel

PowerPoint

Word

Job description

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Date: Jul 25, 2026

Location: Calgary, AB, CA

Company: TransAlta

Job Type: Full time - Salaried

Work Arrangement: Hybrid

Investment Analyst

WHO WE ARE

Our Power, Your Possibilities

At TransAlta, we don’t justgenerate electricity-we generate opportunity. As one of Canada’s largest publicly traded power generators, we’ve been powering communities for over 100 years across Canada, the U.S., and Australia. Our diverse energy portfolio and passionate team are driving the transition to a cleaner, more sustainable future.

We believe in the power of purpose, the strength of collaboration, and the value of continuous learning. If you’re ready to make a real impact in a dynamic industry, you bring the energy - we’ll provide the platform.

ABOUT THE ROLE

We are seeking a dynamic and results-driven Investment Analyst to join our Corporate Development team in Calgary, Alberta. In this pivotal role, reporting to the Manager of Investment Analysis, you will play a critical part in advancing TransAlta's strategic growth initiatives and supporting the optimization of our existing generation portfolio.

Your expertise in performing timely, accurate, and comprehensive research and financial analysis will be essential in shaping investment decisions and exploring strategic opportunities, particularly in new-generation development, early-stage projects, and mergers & acquisitions.

This position is based out of our Downtown Calgary Head Office, with the flexibility of a hybrid work schedule.

A DAY IN THE LIFE

• Provide financial analysis and other analytical support of growth opportunities, including potential acquisitions and business development projects
• Ensure all inputs to financial models have been agreed to and signed off by sponsoring project manager
• Deliver accurate analysis of the corporate impacts of investment decisions
• Perform ad hoc analysis, including the creation of financial models, analysis of business trends to support the growth of the business, and research to support corporate strategy development
• Collaborate with multidisciplinary teams—including engineering, trading, operations, and tax—to evaluate assets and identify risks and value drivers
• Support analysis across multiple business areas, including commercial contracts, growth and development projects, and M&A transactions

ABOUT YOU

• Minimum 3-5 years of experience in a corporate strategy and or planning/analysis role
• Degree and/or professional designation in, business, finance, economics, or other applicable degree
• Previous corporate development or investment banking experience is preferred
• CFA preferred, or working towards CFA is preferred
• Expert skills in Excel, PowerPoint and Word
• Highly skilled financial background with an understanding of the principles of financial analysis, key financial metrics that generate value, mergers and acquisitions, and financial statement analysis
• Ability to handle multiple projects at various stages and to prioritize with the assistance of Manager
• Well-developed understanding of valuation techniques and financial metrics
• Ability to work independently and produce results within agreed upon deadlines
• Exemplary communicator with excellent written and oral business communication skills
• Ability to develop strong working relationships with people at all organizational levels
• Willing to dedicate time necessary to deliver on tight deadlines
• Enjoys working on multiple assignments and thrives under pressure

THE PERKS

• Annual and long-term incentives available for select roles
• Company-matching pension plan
• Flexible health benefits for you and your family

At TransAlta, we’re driven by a Culture of Results, Learning, and Purpose. We prioritize psychological safety, wellbeing, inclusion, and belonging - creating a space where everyone can thrive. We believe that diverse perspectives drive innovation and progress, and we’re committed to building a workplace where you can be your authentic self.

Ready to Power Up With Us? Excited about this role but don’t meet every single requirement? We still encourage you to apply. Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. You might just be the candidate we are looking for.

WHAT TO EXPECT

The successful candidate may be required to complete background checks appropriate to the role and may include criminal record, education and employment verification or credit checks. ‘Safety sensitive positions’ will be required to complete pre-employment testing.

Due to the high volume of applications we receive, only those progressing will be contacted.