At a Glance
- Tasks: Lead a new team in managing market risk and enhancing risk analytics.
- Company: Join a growing power generation company in Calgary with a dynamic culture.
- Benefits: Competitive salary, mentorship opportunities, and a collaborative work environment.
- Other info: Exciting career growth in the electric power industry awaits!
- Why this job: Make a real impact in risk management while leading a passionate team.
- Qualifications: 8+ years in market risk and proven leadership experience required.
The predicted salary is between 126000 - 154000 $ per year.
Overview
This range is provided by Insight Global. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Insight Global is currently seeking a Lead, Market Risk on a permanent basis in Calgary, Alberta, 3 days a week on-site for a large and growing power generation company.
The Lead, Market Risk will be building a net new team of four and is responsible for managing the Market Risk function within the Commodity Risk Management Program, providing strategic oversight and leadership in risk analysis, limit setting, and risk reporting.
This role develops and maintains risk analytics capabilities, sets and monitors risk limits, and ensures all trading strategies and new deals align with the organization’s risk management objectives.
The Lead, Market Risk mentors and guides a team of market risk specialists, drives continuous improvement in risk processes and models, and collaborates with front office, risk, and senior management to support effective decision-making and risk governance.
- Required Skills & Experience
- 8+ years in market risk, quantitative analysis, or related middle office roles within trading, commodities, or financial services.
- 2-5+ years of proven experience leading and mentoring market risk teams.
- Hands-on experience with risk limit analysis, setting, and monitoring.
- Experience developing and maintaining risk analytics capabilities and risk models.
- Exposure to strategy alignment, risk reporting, and oversight of trading and hedging activities.
- Direct experience in power markets (e. g., WECC, PJM, ERCOT, AESO) is highly valued.
- Advanced proficiency with risk management systems and analytical tools (e. g., ETRM, Excel, Python, R, MATLAB).
- Expertise in risk quantification models (Va R, stress testing, back testing).
- Strong quantitative modelling skills, including options valuation, price curve modelling, and mark-to-model techniques.
- Ability to develop, maintain, and validate risk analytics and reporting frameworks.
- Familiarity with power market data, price curves, and valuation models specific to regional markets (e. g., WECC).
- Nice to Have Skills & Experience
- Have previously worked in the power or utility industry
- Seniority level
- Mid-Senior level
- Employment type
- Full-time
- Job function
- Distribution
- Industries
- Electric Power Transmission, Control, and Distribution
- #J-18808-Ljbffr
Market Risk Manager in Calgary employer: Insight Global
At Insight Global, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As an In-House Commercial Counsel in Mississauga, you will benefit from competitive compensation, comprehensive benefits, and ample opportunities for professional growth while working alongside innovative teams in a fast-paced environment. Join us to make a meaningful impact in the e-commerce and ad tech sectors, where your expertise will be valued and your contributions recognized.
