Sr Risk Analyst

Suncor Energy; Calgary; On-site; CAD 150,000 - 190,000; Full time

Job summary

Suncor seeks a Senior Market Risk professional to lead day-to-day risk oversight for the Environmental portfolio. The role reports to the Manager, Market Risk Gas, Power & Environmental Commodities and operates on the trading floor within a fast-paced team managing multi-million-dollar contracts daily.

Ideal candidates will have eight years in trading, a relevant bachelor’s degree, advanced Excel, Power BI, and CTRM experience, plus strong data analysis and collaboration skills.

Qualifications

• Eight years of experience in a trading environment with market risk exposures understood
• Bachelor Degree in Commerce, Economics, Finance, Engineering, or Mathematics
• Advanced Microsoft Excel skills (complex formulae, macros)
• Strong knowledge of Power BI and Power Apps
• Understanding of risk governance practices
• Proficient at analyzing complex data and solving problems
• Highly collaborative with networking and judgment
• Self-starter with influencing and facilitation skills

Responsibilities

• Develop understanding of Environmental portfolio including Alberta TIER, WCI, CFR and RINs
• Deliver reporting and risk analytics for Environmental portfolio
• Maintain and review MTM, exposure and P&L by deal/portfolio/trader/region
• Provide risk reporting coverage for Nat Gas and Power desks
• Ensure compliance to risk policies and accurate transaction entry
• CTRM SME with up-to-date procedures documentation
• Input into new business proposals ensuring Risk Management compliance
• Focus on process improvements and robust new workflows
• Guide less experienced risk analysts in daily/monthly risk reporting
• Identify and communicate issues from trading operations
• Recommend and implement solutions for issues
• Provide ad-hoc analytical support to front/middle/back office

Skills

Trading experience

Advanced Excel

Power BI

Power Apps

Risk governance

Data analysis

Stakeholder collaboration

Influencing

Education

Bachelor's degree in Commerce, Economics, Finance, Engineering, or Mathematics

Tools

TriplePoint CTRM

Job description

At Suncor, we produce and provide energy.

When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you'll make a meaningful impact in the communities where we live and work.

In this role, the successful candidate will report to the Manager, Market Risk Gas, Power & Environmental Commodities and will work within a highly motivated and professional team responsible for overseeing the day-to-day commodity trading activities of the Supply and Trading function. The successful candidate will sit on the trading floor, and will experience the fast paced, exciting environment where multi-million-dollar energy contracts are bought and sold on the markets each day.

Minimum Requirements:

• Eight years of experience working in a trading environment (Front or Mid Office position) so that market risk exposures, physical commodity processes and fair value concepts are well understood
• Bachelor Degree in Commerce, Economics, Finance, Engineering, or Mathematics
• Advanced Microsoft Excel skills (complex formulae, macros)
• Strong knowledge of Microsoft Power suite of products (Power BI, Power Apps)
• Understanding of Industry leading practices in risk governance process and procedures
• Proficient with analyzing complex sets of data, and problem solve independently
• Highly collaborative with superior networking skills, seasoned judgment, broad business and operational understanding
• Self-starter with ability to influence, persuade and facilitate hange
• Knowledge of TripplePoint CTRM

We acknowledge the value of transferrable skills.

Responsibilities:

• Develop deep understanding of the Environmental portfolio managed by Supply and Trading function, including Alberta TIER, WCI, CFR and RINs
• Deliver insightful reporting and risk analytics that enable business decision making and commercial growth for Environmental portfolio
• Maintain and review MTM, exposure and P&L by deal, portfolio, trader, region, and strategy
• Provide coverage for risk reporting for Nat Gas and Power desks
• Work with the front office and risk control ensuring compliance to the risk policies, striving to reduce non-compliance events and ensuring transactions are entered accurately
• Develop strong knowledge of the CTRM and act as Mid Office subject matter expert (SME) maintaining up-to-date documentation on critical procedures
• Provide input into the new business proposals to ensure compliance to Risk Management Standard and respective policies and procedures
• Focus on process improvements, streamlining the existing processes and crafting robust new ones
• Guide a less experienced risk analysts and provide help in daily, monthly Risk reporting requirements
• Recognize and communicate issues arising from trading operations
• Recommend and implement solutions to address issues identified
• Provide ad-hoc analytical support to the front office, back office and risk control teams

Location and other key details:

You will work out of our Calgary head office, located in the Suncor Energy Centre at 150 - 6th Ave S.W.

Hours of work are a regular 40-hour work week, Monday to Friday, with the potential for extended work hours based on business needs

Our business professional roles follow internal compensation guidelines, and the pay band will be based on years of experience and scope of work

Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.