Lead (Manager) Product Control

Capital Power; Calgary; Hybrid; CAD 150,000 - 230,000; Full time

Job summary

Capital Power seeks a Lead, Product Control to head the Product Control team within its Commodity Risk function. The role ensures valuation integrity, P&L governance, and valuation related reporting for Capital Power’s Supply & Trading activities.

The Lead oversees daily and month-end P&L production, price curve validation, IPV, and valuation model governance, ensuring results are explainable and compliant with internal controls and regulatory requirements, while partnering with Trading, Market

Qualifications

• Post-secondary degree in Finance, Business, Economics or related field.
• Professional designation such as CFA, FRM or PRM is an asset.
• 8+ years of experience in Product Control, valuation, or P&L reporting in energy/commodities.
• 3+ years of people leadership experience.

Responsibilities

• Build, lead and mentor the Product Control team, fostering a strong control environment and analytical rigor.
• Own daily and month-end P&L production, validation and sign-off, ensuring completeness and timeliness.
• Review, approve, and govern commodity price curves, including daily validation and month-end independent price verification (IPV).
• Conduct and oversee P&L attribution and explanation, articulating drivers of realized/unrealized P&L and market impacts.
• Collaborate with Market Risk to oversee valuation models, data inputs, and assumptions for defensible outcomes.
• Maintain strong valuation controls, including adjustments and data quality checks to support P&L and reporting.
• Support Market Risk in evaluating structured transactions from valuation and economic perspectives.
• Interpret and support valuation-related regulatory requirements (derivatives reporting) with Compliance and Risk.
• Support audits by providing documentation and evidence related to valuation, P&L, and Product Control processes.
• Drive enhancements to valuation workflows, data quality, and system integrity within the ETRM platform.
• Develop and implement data-led automation to increase team impact and scalability.

Skills

Leadership

P&L governance

Valuation

ETRM systems

Regulatory reporting

Data quality

Cross-functional collaboration

Education

Post-secondary degree in Finance/Business/Economics

Professional designation (CFA/FRM/PRM)

Job description

The Lead, Product Control is responsible for leading the Product Control team, within Capital Power’s Commodity Risk function. The role is accountable for ensuring valuation integrity, P&L governance, and valuation related reporting for Capital Power’s Supply & Trading activities. This role oversees daily and month end P&L production, price curve validation, independent price verification, and valuation model governance, ensuring results are accurate, explainable, and compliant with internal controls and regulatory requirements

.
The Lead, Product Control serves as a key control and analytical partner to Trading, Market Risk, Finance, and Compliance, and provides leadership, mentorship, and strategic direction to the Product Control team while driving continuous improvement across valuation processes and valuation ETRM system control

.
As part of a rapidly growing team, the successful candidate will demonstrate broad middle office and commodity risk management experience, as well as the flexibility and a desire to contribute to wider team growth and developme

nt.
You will contribute to our team

• by:Build, lead and mentor the Product Control team, fostering a strong control environment and culture of analytical ri
• gor.Own daily and month end P&L production, validation, and signoff, ensuring completeness, accuracy, and timelin
• ess.Review, approve, and govern all commodity price curves, including daily validation and month end independent price verification (I
• PV).Conduct and oversee P&L attribution and explanation, clearly articulating drivers of realized and unrealized P&L and impacts of market activ
• ity.Work with Market Risk team to provide oversight and governance of valuation models, assumptions, and data inputs (system and external), ensuring consistent and defensible valuation outco
• mes.Maintain strong valuation controls, including adjustments and data quality checks to support P&L and report
• ing.Support Market Risk team with evaluation of structured transactions and complex products from a valuation and economic perspect
• ive.Interpret and support valuation related regulatory requirements (e.g., derivatives reporting), in partnership with Compliance and R
• isk.Support internal and external audits by providing documentation, analysis, and evidence related to valuation, P&L, and Product Control proces
• ses.Drive enhancements to valuation workflows, data quality, and system integrity within the ETRM platf
• orm.Support the development and implementation of data-led automation opportunities to increase team impact through effective, efficient & scalable operati

ons.
What you will bring to the

role:
Educ

• ation:Post‑secondary degree in Finance, Business, Economics, or a related
• field.Professional designation an asset (e.g., CFA, FRM, PRM,

ERP).
Expe

• rience:8+ years of experience in Product Control, valuation, or P&L reporting within energy, commodities, or financial trading enviro
• nments.3+ years of people leadership expe

rience.
Technica

• l SkillsDeep understanding of valuation methodologies, price curve construction, and P&L attr
• ibution.Strong working knowledge of ETRM systems and valuation wo
• rkflows.Experience with SOX controls, audit support, and regulatory reporting requi
• rements.Proven ability to lead teams, partner cross functionally, and drive continuous impr

ovement.
Working Co

• nditions:Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or othe