Enbridge Inc

Specialist Commodity Market Risk

Enbridge Inc • $90K — $120K *
Calgary, AB T1Y 7M8In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Applied Sciences, or related discipline.
  • 7+ years of market risk management experience in power, natural gas, crude oil, or NGL markets.
  • Expertise in commodity market risk controls such as MTM valuation, VaR, and stress testing.
  • Proficient with Openlink/Endur or similar ETRM systems, including risk reporting.
  • Advanced analytical skills with a strong ability to convey findings to various audiences.
  • Experience with Power BI and SQL for data visualization and dashboard development.
  • Strong stakeholder management and collaboration abilities across multi-functional teams.

Responsibilities

  • Lead daily market risk analysis and reporting for North American commodity trading portfolios.
  • Collaborate with Enterprise Risk and other teams to support comprehensive risk management.
  • Develop and enhance Power BI risk reporting solutions for better visualization and efficiency.
  • Maintain risk models, VaR calculations, and P&L decomposition processes for market risk measurement.
  • Serve as a subject matter expert for risk systems, aiding in deal modeling and operational improvements.
  • Evaluate business strategies, identify risks, and communicate quantitative concepts effectively.
  • Initiate operational improvements and maintain SOX compliance documentation.

Benefits

  • Flexible benefits program for health, dental, insurance, and disability coverage.
  • Paid maternity and parental leave up to 20 weeks for birth-giving parents, 12 weeks for others.
  • Valuable retirement savings plans, including options for company stock.
  • Paid time off, personal days, and holidays.
  • Employee and Family Assistance Program for support.
  • Wellness Program promoting overall well-being.
  • FlexWork options for hybrid work models and flexible scheduling.
Full Job Description
Posting End Date:
July 24, 2026

Employee Type:
Regular-Full time

Union/Non:
This is a non-union position

We are seeking a Specialist Commodity Market Risk to lead, support, and perform daily market risk reporting and analytics across North American commodity trading activities, including Crude Oil & NGLs, Natural Gas, and Power. In this role, you will provide timely and accurate risk reporting, analyze daily changes in Mark-to-Market (MTM), Value-at-Risk (VaR), and open positions, while ensuring compliance with risk policies and controls.

What You Will Do:
  • Lead daily market risk analysis, monitoring, and reporting activities, including MTM, VaR, open positions, valuation controls, and management commentary for North American commodity trading portfolios.
  • Partner with Enterprise Risk, Trading, Scheduling, Accounting, MRM (IT), Credit, Legal, and Trade Compliance teams to support effective risk management across the transaction lifecycle.
  • Drive the development and delivery of Power BI risk reporting solutions, enhancing data visualization, automation, and reporting efficiency through enterprise data sources and SQL-based analytics.
  • Maintain and troubleshoot risk models, VaR calculations, P&L decomposition processes, and ETRM risk reporting workflows to ensure accurate market risk measurement.
  • Serve as a subject matter expert for Openlink/Endur risk systems, supporting deal modeling, valuation processes, issue resolution, testing, and operational improvements.
  • Evaluate new business strategies, identify emerging market risks, monitor policy compliance, and provide clear communication of quantitative risk concepts to business stakeholders.
  • Lead operational improvement initiatives, support monthly Risk-to-Accounting reconciliations, maintain SOX compliance documentation, and provide informal leadership and mentorship across the team.
  • Accountable for annual Policy training with stakeholders & provide ad-hoc assistance throughout each business year with front office & other support functions on various topics.


Who You Are:
  • University degree in Finance, Economics, Applied Sciences, or a related discipline, with 7+ years of market risk management experience in power, natural gas, crude oil, or NGL markets.
  • Strong expertise in commodity market risk controls, including MTM valuation, VaR, position monitoring, risk limits, stress testing, and portfolio risk analysis.
  • Proven experience with Openlink/Endur or comparable Energy Trading and Risk Management (ETRM) systems, including transaction lifecycle troubleshooting and risk reporting.
  • Advanced analytical and quantitative skills, demonstrating proficiency in interpreting complex financial models and conveying findings clearly to both technical and non-technical audiences.
  • Experience developing data visualizations, dashboards, and reporting solutions using Power BI, SQL, and other business intelligence tools.
  • Strong collaboration and stakeholder management abilities, with demonstrated success working across front-office, risk, finance, compliance, and technology teams.
  • Strong written and verbal communication skills, with the ability to translate intricate financial frameworks, risk concepts, and analytical findings into actionable insights for operational and business collaborators.
  • Demonstrated ability to thrive in a fast-paced, collaborative environment while developing risk metrics and controls, analyzing large market data sets, and creating impactful visualizations that support decision-making and new business initiatives.
  • Professional designation such as CFA, FRM, ERP, MBA, or equivalent is considered an asset; experience with Python, options markets, SharePoint workflows, and ETRM testing is also preferred.


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


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 an investment option.
  • Paid time off/vacation/sick, plus paid personal days off (depending on location), and paid holidays.
  • An Employee and Family Assistance Program.
  • A Wellness Program, which focuses on supporting healthier employees by providing tools, resources, and opportunities to improve physical, mental, social, and financial well-being.
  • Enbridge's FlexWork (hybrid work model) offers eligible employees (Manager and below) the option to work from home on Mondays and Fridays, opt for a compressed work week schedule, or have flexible start and end times. Role requirements determine your eligibility for each option.


About Enbridge Inc

Enbridge Inc Careers

Join the dynamic team at Enbridge Inc, a leader in energy delivery, and be part of a company that values innovation, leadership, and diversity. At Enbridge Inc, we offer more than just job opportunities; we provide a platform for professional growth and a chance to be part of a future-focused industry leader.

Work You’ll Do

At Enbridge Inc, every position plays a crucial role in our mission to safely and reliably deliver the energy people need and want. Here, your career will flourish as you work alongside over 11,000 professionals, each committed to making a positive impact through their skills and dedication.

Explore Our Job Opportunities

Whether you're seeking an entry-level position or a more senior role, Enbridge Inc offers a range of employment opportunities across various disciplines. Our team is constantly growing, and we are always on the lookout for passionate, creative, and solution-driven team players.

Internship Programs

Kickstart your career with Enbridge Inc’s internship programs. Gain invaluable industry experience, develop your professional skills, and network with experts. Our internships provide a solid foundation for building a successful career in the energy sector.

Professional Growth and Development

Enbridge Inc is committed to the professional development of its employees. With comprehensive training programs, including leadership development and diversity training, we ensure that our team is equipped for success in a rapidly evolving industry.

Benefits and Culture

Choosing a career at Enbridge Inc means more than just employment. It means being part of a culture that promotes health, well-being, and balance. Enjoy competitive benefits, a supportive network, and opportunities to engage in meaningful work that contributes to a sustainable future.

Innovation and Leadership

Drive innovation and lead industry transformation with Enbridge Inc. Our collaborative environment encourages new ideas and solutions that enhance efficiency and effectiveness. Be at the forefront of the energy sector with a company that embraces change and values leadership.

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Learn more about Enbridge Inc
Size
10,900 employees
Market Cap
$78.9 billion
Industry
Energy & Utilities
Founded
1949
5 Year Trend
+6.4%
NASDAQ
ENB
* Ladders Estimates
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