Risk Specialist, Market Risk Analytics

Risk Specialist, Market Risk Analytics

Reference Code: 97041

Location: Canada (CA) - Calgary, AB
Job Category: Risk Management
Employment Type: Employee Full-time
Relocation Eligibility: This position is not eligible for our relocation program
Application Deadline: 01/26/2022

We all need energy. It warms our homes, cooks our food, gives us light, and gets us where we need to go. It also improves our quality of life in countless other ways. At TC Energy, our job is to deliver that energy to millions of people who depend on it across North America. And we take our job very seriously.

Guided by our values of safety, integrity, responsibility and collaboration, we develop and operate our facilities safely, reliably and with care for our impact on the environment. With our presence across the continent, our people play an active role in building strong communities.

We're proud of how our hard work and commitment sets us apart and benefits society, every day. We're looking for new team members who share our values and are ready to take on exciting challenges.

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico.

The opportunity
Our Market Risk Analytics Team is evolving the analytics capabilities within our Market Risk group. In this role, you will provide quantitative risk analysis in support of TC Energy's power, gas storage, oil, treasury, and other marketing businesses. You will be responsible for the development, enhancement and maintenance of various market and credit risk models.

The successful candidate must have strong analytical skills in the areas of statistics, theoretical finance, risk analysis, and computer programming. This role will appeal to individuals who are comfortable with detailed analytic work, and have strong quantitative, modeling and communication skills. This position reports into the Manager, Market Risk Analytics, in the Risk Management group of Corporate Finance.

What you'll do

• Develop, maintain, and support quantitative risk models
• Develop tools to report Front-Office exposures, positions, and P&L
• Work with ETRM and Data Warehouse systems
• Develop models to assess market and counterparty related exposures for new business opportunities/proposals, along with documenting such models
• Perform scenario-based analysis on alternative strategies to find range of potential outcomes with respect to exposures and the impact on various risk measures
• Work collaboratively with the Front-Office business units to assess and review new product and limit requests
• Assist in managing and validating forward price curves, including forward curve modeling
• Assess and review Front-Office reports, and monitor transaction activity for any violation of polices or limits; investigate any reporting anomalies and work collaboratively with Front-Office to resolve
• Provide analytic and quantitative support to Risk Management, and ad hoc risk analysis for other business areas in the organization
• Work with internal and external audit
• Mentor and help develop Risk team members
• Other market risk related duties as required

Minimum Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field
• Well-rounded knowledge in finance, economics, mathematics, and computing
• 10+ years' related Market Risk work experience in a middle role, specifically with direct exposure to North American power, natural gas, emissions, and/or crude oil markets
• Demonstrated mathematical and computer skills for complex risk modeling is essential
• Programming and database skills are a must; preferred programming experience includes Matlab, VBA, SQL, and/or Oracle

Preferred Qualifications

• Post-graduate degree in Finance, Economics, Mathematics, or related quantitative field
• Thorough understanding of the fundamental principles of economic, financial, and commodity and counterparty risk analysis, and various market risk concepts including VaR, stress testing, scenario analysis, P&L, MTM, and exposure
• Good understanding of the Treasury function, including foreign exchange and interest rate products
• Strong quantitative and analytics background, with proven problem solving and model building skills
• Hands on experience with an ETRM system is desired, preferably Endur and/or EKA
• Ability to effectively summarize and clearly inform results, both in writing and verbally, to a wide range of audiences
• Ability to work independently and as an effective team player on cross-functional teams
• ·Ability to develop and maintain collaborative working relationships

About our business
TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states.

Apply now!

Apply to this posting by 01/26/2022 using reference code 97041. You must apply through our jobs system at jobs.tcenergy.com. Only applications submitted through our system will be acknowledged. Applications may be submitted using a mobile device or a desktop / laptop computer.

TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

* Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

* Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

* All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

* TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting careers@tcenergy.com.