Sr Risk Analyst

Suncor; Calgary; On-site; CAD 130,000 - 180,000; Full time

Job summary

Suncor seeks a senior Market Risk Analyst for the Gas, Power and Environmental Commodities area. The role sits on the trading floor within the Supply and Trading function, reporting to the Manager, Market Risk.

You will oversee day-to-day commodity trading risk and deliver analytics to support commercial decisions. Based in Calgary, AB, you will work a 40-hour week with potential extended hours, contributing to risk governance, MTM, P&L reviews and collaboration with front-office to mitigate

Qualifications

• Eight years of experience in a trading environment with market risk understanding.
• Bachelor degree in Commerce, Economics, Finance, Engineering or Mathematics.
• Advanced Excel skills (complex formulas, macros).
• Strong knowledge of Power BI and Power Apps.
• Understanding of risk governance practices and data analysis.

Responsibilities

• Develop deep understanding of Environmental portfolio (Alberta TIER, WCI, CFR, RINs) within Supply and Trading.
• Deliver reporting and risk analytics to support decision making and growth.
• Maintain MTM, exposure and P&L by deal, trader, region, and strategy.
• Provide risk reporting coverage for Nat Gas and Power desks.
• Ensure compliance with risk policies and facilitate accurate transactions.
• Serve as Mid Office SME for CTRM; maintain critical procedures documentation.
• Contribute input to new business proposals respecting Risk Management Standards.
• Focus on process improvements and develop robust new workflows.
• Guide less experienced risk analysts and assist with monthly risk reporting.
• Identify issues in trading operations and propose solutions.
• Provide ad-hoc analytical support to front, back and risk control teams.

Skills

Advanced Excel

Data analysis

Analytical thinking

Problem solving

Strong collaboration

Education

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

Tools

Power BI

Power Apps

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

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.