Technical Manager Commodity Market Risk

## Technical Manager Commodity Market Risk Apply remote type:
Hybrid:
Remote and Office locations:
Houston, TX, USA:
Calgary, AB, CANtime type:
Full time posted on:
Posted Todaytime left to apply:
End Date:
June 22, 2026 (16 days left to apply) job requisition :
71504
** Posting End Date:
** June 21, 2026
** Employee Type:
** Regular-Full time
** Union/Non:
** This is a non-union position

At Enbridge, we are committed to advancing safe, reliable energy while fostering strong relationships with the communities and governments we serve. We are seeking a highly skilled
** Technical Manager, Commodity Market Risk
** to provide senior quantitative leadership and serve as a recognized subject matter expert across market risk disciplines. This role will drive advanced risk analytics, including Value‐at‐Risk (VaR), stress testing, and structuring analysis, while leading complex, cross‐functional initiatives that support informed decision-making in dynamic commodity markets.

We'd love to hear from you! Apply today for this extraordinary opportunity with Enbridge!
*
* What You Will Do:

*** Lead VaR model integrity, P&L decomposition, and and end‐to‐end FEA VaR integrity risk to ensure accurate and scalable enterprise risk reporting.
* Conduct market risk assessments for new business initiatives, supporting senior management and CFRMC approval processes.
* Deliver end-to-end development of risk reporting tools and automation, leveraging Python and Power BI for advanced analytics.
* Expand team capabilities in risk reporting development, stress testing, back testing, and scenario analysis (including VaR simulations) to strengthen risk insights and reporting.
* Enhance valuation controls and price curve validation processes, ensuring robust and reliable enterprise reporting.
* Demonstrated expertise with Pricing Data warehouse, ZEMA pricing connections, other APIs and related functionality.
* Collaborate cross-functionally with Trading, Business Development, Risk, IT, Accounting, Legal, and Compliance teams to support full transaction lifecycle success.
* Provide on-going Risk Policy approval recommendations based on technical analysis to support clear governance over commodity desk activities involving authorities, market risk limits, strategies, transaction types, and geographies.
* Support quarterly management meeting content for multiple business units relating to proposed Risk Policy approvals, ongoing market risk communication and risk metrics oversight.
* Monitor and report metric-related Risk Policy non-compliance events relative to applicable prescribed commercial limits .
** Who You Are:
*** Bachelors degree in economics, finance, or applied sciences with 8+ years of in-depth experience in power, natural gas, &/or crude oil markets in risk management
* Advanced coding experience in Python, SQL, & Business Intelligence apps (Power BI is preferred).
* Experienced in performing risk control processes, including the development, monitoring, & enforcing of market risk limits, daily risk reporting of commodity MTM, VaR and positions.
* Strong understanding of probabilities & statistics with the ability to perform scenario stress testing & analysis, back testing of strategies & trading portfolio decomposition of risk.
* In-depth knowledge of modern VaR & GMaR methodologies
* Excellent written & oral communication skills; ability to explain financial models in operational terms.
* Dynamic interpersonal skills & the ability to work effectively with others.
* Thrives in a dynamic, collaborative working team environment involving daily tasks, project work & new product development.
* Strong understanding of multiple option valuation methodologies & risk management approaches.
* Experience in the design of risk metrics & controls to manage cash month price risks.
* Experience reviewing large pricing data history, creating, & identifying value added visualizations/insights for decision makers.
* Ability to create new market risk tools & processes by defining a project’s vision & executing it from inception to completion.
* Technical experience risk managing, troubleshooting and modeling transactions in Openlink/Endur or similar energy trading & risk…