Strategic Commodity Market Risk Lead

Oil Authority; Houston (TX); On-site; USD 98,000 - 128,000; Full time

Benefits offered by this job

Flexible benefits program

Parental leave

Retirement with company stock

Paid time off and holidays

Employee assistance program

Wellness program

FlexWork hybrid option

Job summary

Enbridge in Houston, TX is seeking a Sr Advisor Commodity Market Risk US to join the risk management team and deliver expert analysis across North American energy markets. You will lead daily risk analysis for US gas utility activities, manage MTM valuations, VaR, and open positions while reporting to leadership and ensuring policy compliance.

The role requires a strong quantitative background, Openlink/Endur experience, and collaboration with commercial, finance, and operations teams to

Qualifications

• Bachelor or higher degree in finance, economics, or related field.
• Minimum 6 years in commodity market risk management.
• Experience with MTM valuation, VaR, and risk reporting.
• Experience with Openlink/Endur or similar ETRM systems.
• Strong quantitative, analytical, and communication skills.

Responsibilities

• Lead daily market risk analysis, monitoring, and reporting for US gas utility activities and North American commodity portfolios.
• Produce risk reports and analyze day-to-day portfolio changes for leadership.
• Ensure compliance with risk policies and report non-compliance events.
• Support commercial teams on risk policy, valuation, and accounting treatment.
• Perform complex transaction modeling and valuation analyses in ETRM systems.
• Lead risk system enhancements, Power BI development, and data visualization initiatives.
• Evaluate new business opportunities and trading strategies to quantify and report market risk.

Skills

MTM valuation

Value-at-Risk (VaR)

Openlink/Endur

Transaction lifecycle analysis

Data analytics

Communication skills

Education

Finance/Economics/Math-related degree

Tools

Power BI

SQL

Python

Job description

Enbridge in Houston, TX is seeking a Sr Advisor Commodity Market Risk US to join the risk management team and deliver expert analysis across North American energy markets. You will lead daily risk analysis for US gas utility activities, manage MTM valuations, VaR, and open positions while reporting to leadership and ensuring policy compliance.

The role requires a strong quantitative background, Openlink/Endur experience, and collaboration with commercial, finance, and operations teams to