AltaGas - Risk Analyst
We are growing and seeking an Analyst, Market Risk, to join our Enterprise Risk Management department. The successful candidate will bring analytical aptitude and a learning mindset to further develop their energy marketing and commodity risk management acumen while simultaneously contributing to continuous improvement of risk reporting activities and ETRM initiatives. This role will support the Senior Manager, Market Risk by ensuring compliance of commodity risk activities, performing commodity risk reporting, enhancing day-to-day operating practices, and acting as a key liaison with Front-office and Back-office personnel across the organization.
You Will:
- Leverage ETRM systems and other technologies to process pricing or transactional data and review commercial activity to ensure compliance with Commodity Risk Management governance
- Work collaboratively with various teams (commercial, operations, finance, treasury, IT, audit) on existing and prospective opportunities to uphold governance, resolve discrepancies, and provide guidance with respect to exposures and impacts on key risk measures
- Perform AltaGas’ Commodity Risk Management activities, including running routine risk reports and preparing presentation materials
- Develop and utilize reports, dashboards and visualization tools to perform analysis and reconciliation of pricing, position, exposure, P&L, and GMaR
- Perform independent validation of commercial activity outcomes and effectively communicate market risk movements and drivers to the Senior Manager, Market Risk
- Advocate for Market Risk while developing strong collaborative relationships with commercial teams, accounting teams, and treasury
- Support reference data configuration and maintenance in the Allegro ETRM as well as system upgrades/implementations, and enhancement opportunities
- Provide cross coverage across multiple commodities and complete ad-hoc requests for pricing, commodity risk management support, and AltaGas initiatives
- Contribute to continuous improvement initiatives and embody a culture of accountability that challenges the status quo
You Have:
- Legal authorization to work in Canada on a permanent basis
- Bachelor's degree in quantitative or business discipline such as Economics, Statistics, Finance, Accounting, or a related field
- 1 to 3 years of experience in a Front or Middle Office role; energy marketing experience with direct exposure to NGL, crude oil, or natural gas markets is an asset
- Knowledge of commodity pricing, deal valuation, deal life cycle and energy commodity markets
- Experience with market risk modeling techniques including option models, volatility measures, VaR, GMaR, back-testing, and stress scenarios
- Attention to detail and strong problem-solving skills
- Strong communication skills to explain complex concepts concisely
- Self-starter and continuous learning mindset to develop on the job and manage multiple priorities while delivering accurate work
- Familiarity with ETRM systems; experience with Allegro Horizon is a strong asset
- Advanced skills in Excel and other business applications such as Power BI and SQL
- Proficiency with programming languages is desirable
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For Canadian hires: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.
For U.S. hires: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.
U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.
Skills Required
- Legal authorization to work permanently in Canada
- Bachelor's degree in economics, statistics, finance, accounting, or a related quantitative or business discipline
- 1 to 3 years of experience in a front-office or middle-office role
- Knowledge of commodity pricing, deal valuation, deal lifecycle, and energy commodity markets
- Experience with market risk modeling, including option models, volatility measures, VaR, GMaR, back-testing, and stress scenarios
- Strong attention to detail and problem-solving skills
- Strong communication skills for explaining complex concepts concisely
- Self-directed learning mindset and ability to manage multiple priorities accurately
- Familiarity with ETRM systems
- Advanced Microsoft Excel skills and experience with Power BI and SQL
- Energy marketing experience involving NGL, crude oil, or natural gas markets
- Experience with Allegro Horizon
- Proficiency with programming languages
What We Do
We are a leading North American infrastructure company connecting customers and markets to affordable and reliable sources of energy. Every day, we leverage the strength of our people and our assets to connect our customers with premier energy solutions – from the well sites of upstream producers, to the doorsteps of homes and businesses, to markets around the world. With a strong portfolio of assets in some of the fastest growing energy markets, including a prominent position in the Montney basin and Utilities in key U.S. jurisdictions, we are developing an integrated footprint capable of delivering sustained value to shareholders and customers for many years to come.
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