Senior Credit Risk Analyst (Energy Markets)

Senior Credit Risk Analyst (Energy Industry)

📍 Location: Calgary, AB (On-site)

📅 Contract Duration: November 2, 2026 – November 1, 2027

⏰ Schedule: Monday to Friday, 37.5 hours per week

💰 Compensation: $75–$80/hour + 4% vacation pay (T4)

About the Opportunity

We are currently seeking an experienced Senior Credit Analyst for a long-term contract opportunity in Calgary, Alberta. This position plays a critical role in managing counterparty credit risk, monitoring exposures, conducting in-depth credit reviews, and supporting business operations within a dynamic energy trading environment.

The successful candidate will possess strong financial analysis skills, excellent business judgment, and extensive experience assessing credit risk within the energy sector.

Key Responsibilities

• Monitor daily counterparty credit exposures and ensure compliance with approved credit limits, policies, and procedures.
• Conduct ongoing credit analysis using financial statements, market intelligence, and industry research.
• Evaluate creditworthiness across a diverse portfolio of counterparties and provide recommendations on credit limits, ratings, and terms.
• Identify and recommend risk mitigation strategies to manage portfolio exposure.
• Support daily, monthly, and quarterly credit reporting and portfolio monitoring activities.
• Maintain and enhance quantitative credit scoring and benchmarking models.
• Participate in contract reviews, collateral negotiations, and credit-related discussions.
• Collaborate with internal stakeholders to support new counterparty onboarding and transaction structuring.
• Utilize ETRM systems and tools such as Power BI, Power Automate, and Databricks to support reporting, analytics, and process improvement initiatives.

Qualifications Required

• Bachelor's degree in Commerce, Finance, Economics, Business, or a related discipline.
• Minimum 10 years of credit risk experience within the energy industry.
• Strong understanding of physical and financial commodity markets.
• Experience conducting complex credit reviews and counterparty risk assessments.
• Excellent financial, analytical, and problem-solving skills.
• Strong communication and stakeholder management abilities.
• Legally authorized to work in Canada.

Preferred

• CFA designation or progress toward CFA certification.
• Experience with commodity trading and risk management environments.
• Familiarity with ETRM platforms, Power BI, Power Automate, and Databricks.

Use AI for Hiring: Our recruitment process for this role includes the use of AI-based tools to help evaluate candidate qualifications and screen applications.

Why Kelly?

At Kelly®, we’re committed to finding rewarding opportunities that help you thrive - both professionally and personally. We partner with leading organizations across industries, connecting talented individuals to roles that fit their skills, interests, and goals. As part of the Kelly team, you’ll have access to a diverse network, ongoing career support, and resources to help you succeed. We value inclusion, respect, and work-life balance, and we offer competitive pay and benefits. Join us and discover what’s next for your career!