Manager, Risk Control
- Gatineau, QC, Canada
Full-time
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Job details
- Job type
- Full-time
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- Posting language
- English
- Posted
Original job description
Reporting to the Senior Director, Risk Control, the Manager, Risk Control is responsible for overseeing the analysis, monitoring and management of financial risks associated with energy trading activities. The Manager provides oversight of risk reporting and analysis, supports the continued development of risk monitoring tools and processes, and works closely with the Risk Management Group, Trading Group and other stakeholders to identify, quantify and understand energy market risks.
Location: Gatineau, QC
You’ll Want To Join Our Team For
Location: Gatineau, QC
You’ll Want To Join Our Team For
- The opportunity to partner with senior leaders across North America and influence strategic business decisions;
- Exposure to a diverse renewable power portfolio spanning multiple technologies and markets;
- Leadership opportunities within a collaborative, high-performing finance team;
- Competitive compensation and performance-based incentives;
- Opportunities for professional growth and career development;
- Comprehensive health, dental and paramedical benefits;
- Retirement savings plan;
- LEED-certified office building located near Vieux-Hull's vibrant restaurant district;
- On-site gym and secure bike storage.
- Oversee the monitoring of trading activities to ensure compliance with policies, guidelines and established limits, escalating issues as appropriate.
- Oversee and review daily and weekly risk reporting, ensuring the accuracy, quality and relevance of information provided to stakeholders.
- Analyse and provide oversight of portfolio changes through profit and loss attribution and other risk analyses.
- Provide guidance and oversight on the valuation and risk analysis of physical generation assets, physical electricity purchases and sales, transmission positions and financial commodity products, including options, forwards and swaps.
- Assess and communicate portfolio risks, including non-linear real option exposures, correlations and relationships to key market drivers such as weather, hydrology and locational basis.
- Partner with the Risk Management Group, Trading Group and other departments to ensure risks are appropriately understood, monitored and communicated.
- Lead and contribute to initiatives to enhance risk reporting, analytical tools, data quality and reporting infrastructure and processes.
- Provide analysis, insights and recommendations in response to requests from senior management and other stakeholders.
- Support the Senior Director in identifying emerging risks, strengthening risk-control practices and continuously improving the effectiveness of the function.
- Develop, guide and coach Analysts within the Risk Control team, providing day-to-day direction, ongoing feedback and support for their professional development, while ensuring the quality, consistency and timely delivery of the team’s work.
- Establish priorities, allocate work and provide oversight to ensure team deliverables are completed accurately and on time.
- Promote knowledge sharing and the development of strong analytical and risk-management capabilities across the team.
- Lead the development of automated risk reporting and analytical solutions using Power BI, Databricks, SQL, Python, Excel/VBA and related technologies.
- Demonstrated ability to think and act with strategic and tactical agility and translate complex risk information into meaningful insights.
- Strong analytical and problem-solving skills, with the judgement required to assess complex issues, identify options and provide sound recommendations.
- Strong understanding of financial and energy-market risk concepts and their application to trading portfolios.
- Ability to analyse and synthesise information from multiple data sources and communicate findings clearly and concisely.
- Strong organisational skills and attention to detail, with a commitment to high-quality and timely results.
- Strong leadership and people-management skills, with demonstrated ability to develop, coach and guide team members.
- Strong interpersonal, communication and collaborative skills, with the ability to build effective relationships across Risk Management, Trading and other functions.
- Ability to provide direction and make sound decisions in ambiguous, changing and fast-paced environments.
- Ability to manage multiple priorities while maintaining appropriate oversight of team deliverables.
- Undergraduate degree in quantitative finance or another quantitative discipline such as economics, mathematics, physics or engineering; a Master’s degree and/or financial designation such as CFA or FRM is considered an asset.
- Relevant experience in energy and/or financial markets, including progressively increasing responsibility in risk management, risk control, trading support or quantitative analysis.
- Previous experience leading, coaching or developing analysts or other professionals is strongly preferred.
- Advanced proficiency in MS Office, particularly Excel; experience with SQL, Python, VBA, Power BI or Databricks is highly desirable.
- Strong knowledge of derivatives and quantitative analysis.
- Knowledge of North American electricity and natural gas markets is considered an asset.
- Excellent written and verbal communication skills.
More about this job
Responsibilities
Oversee energy trading risk monitoring, reporting, portfolio analysis, valuation, and compliance with established policies and limits, while communicating risks and recommendations to stakeholders. Lead and develop the Risk Control team and improve automated reporting, analytical tools, data quality, and risk-management processes.
Requirements
Requires an undergraduate degree in quantitative finance or another quantitative discipline, relevant experience in energy or financial markets, and strong knowledge of derivatives and quantitative analysis; a master's degree or CFA/FRM designation is an asset. Candidates should bring leadership and coaching experience, strong analytical and communication skills, advanced Excel proficiency, and ideally experience with SQL, Python, VBA, Power BI, or Databricks.
Skills
- Energy Market Risk Management
- Financial Risk Analysis
- Risk Reporting
- Portfolio Risk Assessment
- Derivatives Analysis
- People Management
- Analytical Problem-Solving
- Strategic Decision-Making
- Stakeholder Communication
- Team Coaching And Development
- Excel
- SQL
- Python
- VBA
- Power BI
- Databricks
Benefits
- Health Benefits
- Dental Benefits
- Paramedical Benefits
- Retirement Savings Plan
- On-Site Gym
- Secure Bike Storage
- Professional Growth And Career Development
- Performance-Based Incentives
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Energy
- Management & Leadership
- Data & Analytics
Keywords
- Energy Trading
- Risk Control
- Risk Management
- Financial Risk
- Energy Markets
- Electricity Markets
- Natural Gas Markets
- Portfolio Risk
- Profit And Loss Attribution
- Derivatives
- Options
- Forwards
- Swaps
- Real Option Exposures
- Risk Reporting
- Risk Monitoring
- Quantitative Analysis
- Power BI
- Databricks
- SQL
- Python
- Excel
- VBA
- Data Quality
- Automated Reporting
- CFA
- FRM
- Weather Risk
- Hydrology
- Locational Basis