Sr Advisor Commodity Market Risk US

Enbridge; United States; On-site; USD 98,000 - 128,000; Full time

Benefits offered by this job

Flexible benefits program

Parental leave benefits

Retirement savings with company stock

Job summary

Enbridge is seeking a Senior Advisor Commodity Market Risk in the United States to lead risk analysis, valuation oversight, and reporting for gas and other commodity portfolios. The role partners with commercial, accounting, and operations to identify and communicate market risk across North American markets.

The candidate will model complex transactions, support risk policy requirements, and drive improvements in risk systems such as Openlink/Endur and Power BI, with a focus on accurate VaR,

Qualifications

• University degree in Finance, Economics, Applied Sciences, Business, Mathematics, or a related discipline.
• Minimum 6 years of progressive experience in commodity market risk management, preferably within natural gas, power, or crude oil markets.
• Strong understanding of commodity risk concepts, including MTM valuation, Value-at-Risk (VaR), position reporting, risk controls, and scenario analysis.
• Proven experience with Openlink/Endur or comparable Energy Trading and Risk Management (ETRM) systems, including valuation, testing, and transaction lifecycle support.

Responsibilities

• Lead daily market risk analysis, monitoring, and reporting for U.S. gas utility activities and North American commodity portfolios, including MTM valuations, VaR metrics, open positions, and management reporting.
• Produce timely and accurate risk reporting, investigate day-over-day portfolio changes, and provide meaningful analysis and insights to leadership.
• Ensure compliance with Enbridge Risk Policies and Procedures by identifying, investigating, documenting, and communicating non-compliance events.
• Support commercial teams throughout the transaction lifecycle by providing guidance on risk policy requirements, commodity valuation, and accounting treatment considerations.
• Perform complex transaction modeling, valuation analysis, testing, troubleshooting, and process improvements within Openlink/Endur or similar ETRM platforms.
• Lead and support strategic projects including risk system enhancements, Power BI development, process automation initiatives, and data visualization solutions.
• Evaluate new business opportunities and trading strategies to ensure market risks are identified, quantified, controlled, and appropriately reported.

Tools

Openlink/Endur

ETRM systems

Power BI

SQL

Python

Job description

Posting End Date: November 01, 2026

Employee Type: Regular-Full time

Union/Non: This is a non-union position

At Enbridge, we are committed to delivering safe, reliable energy while advancing operational excellence, innovation, and sustainable growth. We are seeking a Sr Advisor Commodity Market Risk US to play a critical role in supporting our commodity risk management activities across North American energy markets. This position will provide expert risk analysis, valuation oversight, compliance support, and risk reporting for natural gas and other commodity portfolios. The successful candidate will partner closely with commercial, accounting, and operational teams to ensure market risks are accurately identified, measured, monitored, and communicated

What You Will Do:

• Lead daily market risk analysis, monitoring, and reporting for U.S. gas utility activities and North American commodity portfolios, including MTM valuations, VaR metrics, open positions, and management reporting.
• Produce timely and accurate risk reporting, investigate day-over-day portfolio changes, and provide meaningful analysis and insights to leadership.
• Ensure compliance with Enbridge Risk Policies and Procedures by identifying, investigating, documenting, and communicating non-compliance events.
• Support commercial teams throughout the transaction lifecycle by providing guidance on risk policy requirements, commodity valuation, and accounting treatment considerations.
• Perform complex transaction modeling, valuation analysis, testing, troubleshooting, and process improvements within Openlink/Endur or similar ETRM platforms.
• Lead and support strategic projects including risk system enhancements, Power BI development, process automation initiatives, and data visualization solutions.
• Evaluate new business opportunities and trading strategies to ensure market risks are identified, quantified, controlled, and appropriately reported.

Who You Are:

• University degree in Finance, Economics, Applied Sciences, Business, Mathematics, or a related discipline.
• Minimum 6 years of progressive experience in commodity market risk management, preferably within natural gas, power, or crude oil markets.
• Strong understanding of commodity risk concepts, including MTM valuation, Value-at-Risk (VaR), position reporting, risk controls, and scenario analysis.
• Proven experience with Openlink/Endur or comparable Energy Trading and Risk Management (ETRM) systems, including valuation, testing, and transaction lifecycle support.
• Advanced quantitative and analytical skills with the ability to evaluate complex transactions and communicate technical concepts to both technical and non-technical audiences.
• Strong interpersonal, communication, and collaboration skills with experience working across commercial, finance, accounting, and operational functions.

Preferred:

• Experience with Power BI, SQL, Python, or other data analytics and visualization tools is considered a strong asset.
• Professional designations such as CFA, FRM, ERP, MBA, or CA are

Working Conditions: Typical office environment, open trading floor concept setup.

Physical Requirements include but are not limited to: Grasping, kneeling, light - moderate lifting (objects up to 20 pounds), reaching above shoulder, repetitive motion, typing, sitting, standing, visual requirement (able to see screens, detect color coding, read fine print), hearing requirement and the ability to sit at a computer for long periods of time.

Mental Requirements (Both Field & Office) include but are not limited to: Ability to: understand, remember and apply oral and/or written instructions or other information, understand complex problems and collaborate/explore alternative solutions, organize thoughts and ideas into understandable terminology, organize and prioritize work schedule on a short-term basis, make decisions which have moderate impact on the immediate work unit and monitor impact outside this area, understand and follow basic instructions and guidelines, complete routine forms, compose letters, outlines, memoranda and basic reports and communicate with individuals via telephone.

Base Salary: Ranges from $98,000.00 - $128,000.00 USD for US locations based upon candidate's experience, skills, and internal equity.

Applicable compensation policies and guidelines apply to internal candidates.

Benefits:

• A flexible benefits program that allows each employee to select the level of coverage needed for their family in the areas of health, dental, insurance and disability.
• A paid maternity and parental leave benefit that offers up to 20 weeks of paid leave for birth-giving parents and up to 12 weeks for other eligible parents, providing flexibility and support during this important life event.
• Valuable retirement savings plans, including a savings plan with company stock as