Position Title: Risk Management Analyst
Employment Status: Full-time
Category: Non-Union
Location: Calgary, Alberta
Department: Finance
Closing Date: August 25, 2026
SUMMARY
BHE Canada is focused on business opportunities within all aspects of Canada’s energy systems, including electricity generation, transmission and distribution, natural gas infrastructure, and wholesale energy trading. At BHE Canada, our One Team culture is built on collaboration, integrity, and a shared commitment to excellence. We foster an environment where employees feel engaged, authentic, and empowered to succeed. You will experience a workplace that values personal responsibility, continuous improvement, and stakeholder focus. Despite our geographical diversity, we work together seamlessly to deliver exceptional results, embrace innovation, and uphold the highest ethical standards. Joining BHE Canada means becoming part of a team that prioritizes safety, growth, and long-term success while making a meaningful impact for our stakeholders and communities.
SUMMARY
BHE Canada is seeking a Risk Management Analyst to support middle-office credit, risk management, and trade control activities for its energy trading business, AlbertaEx. This role will support the trade lifecycle by reviewing trade and credit data, monitoring exposures and positions, developing analytical tools, providing daily and weekly financial reporting, supporting counterparty onboarding and reviews, and strengthening processes and internal controls as AlbertaEx’s commercial operations continue to grow.
Responsibilities:
- Develop and maintain analytics and data inputs to support middle-office risk metrics, including value-at-risk, potential future exposure, counterparty exposure, and expected credit loss analysis:
- Source, validate, and maintain market data, including forward curves, volatilities, and correlations required for risk measurement and exposure reporting
- Support development of credit exposure and expected credit loss analysis for load-serving and wholesale trading activity
- Contribute to data management, reporting, and potential data warehouse development to improve accuracy, scalability, and auditability
- Provide daily and weekly financial reporting on gross margin revenue and average price per MWh price spread captured
- Support Energy Trading and Risk Management (“ETRM”) system and reporting enhancements across trade capture, position monitoring, exposure reporting, and mark-to-market functionality, including data validation and control design as AlbertaEx’s trading activity grows in volume, tenor, and complexity
- Manage and enhance Azure-hosted databases that support power trading models, automated workflows, operational reporting, and reliable data for commercial decision-making
- Identify and implement process improvements and automation opportunities to improve trade review, settlements support, documentation, and reporting:
- Support development of AI-assisted and automated tools used in trade settlements, data review, and document analysis
- Improve accuracy and consistency of trade data, transcription outputs, and supporting documentation
- Summarize key commercial terms from agreements, confirmations, and related trading documentation
- Reconcile summarized commercial terms to trade data exports to support completeness, accuracy, and control objectives
- Prepare and support regulatory reporting, including Canada Energy Regulator, Energy Information Administration, Federal Energy Regulatory Commission, and other energy trading reporting requirements
- Support counterparty onboarding, credit reviews, and enabling activities for load customers and wholesale counterparties, including data gathering, exposure analysis, and documentation
- Develop market analysis, reporting, and forecasting tools to support trading decisions and explain changing conditions across North American power markets, including supply and demand fundamentals, price trends, and portfolio impacts.
Qualifications:
- Bachelor’s degree in Business, Finance, Economics, Computer Science, Mathematics, Engineering, or a related field
- Strong technical aptitude, including experience with data querying, data management, automation, and analytical tools such as Python, SQL, Excel, or VBA
- Familiarity with Copilot and the application of AI systems to review routine tasks, identify efficiency opportunities, and develop standardized and automated processes
- Strong quantitative, analytical, and spreadsheet modelling skills, with the ability to interpret complex datasets and produce clear, reliable outputs
- Familiarity with wholesale power markets, energy trading, ETRM systems, or Alberta and Pacific Northwest markets would be an asset
- Ability to work effectively in a fast-paced trading environment while managing multiple priorities, deadlines, and stakeholders
- Clear communication and presentation skills, including the ability to summarize technical or commercial information for business users
- Curiosity and initiative to learn complex, evolving energy markets and contribute to a growing commercial operation
- Proven track record of strong performance, reliability, and attention to detail
Notes:
External candidates can submit their application via Indeed at https://ca.indeed.com/cmp/BHEC/jobs or by searching BHE-Canada jobs.
We thank all candidates for their interest in a career with BHE Canada however, only candidates being considered for an interview will be contacted.
When you submit a job application to BHE Canada, it will be accessible to BHE Canada personnel involved in BHE Canada’s hiring processes and the information will be used for recruitment. In addition, BHE Canada relies on qualified third parties to assist in the hiring process and your information may be provided to them for this purpose. By submitting your job application, you agree to the use of your personal information for these purposes.
At BHE Canada we celebrate diversity and inclusion. We are committed to fair employment practices, and all qualified applicants will receive consideration for employment regardless of race, religious beliefs, colour, gender, gender identity, gender expression, physical disability, mental disability, age, ancestry, place of origin, marital status, family status, source of income, sexual orientation or any other category protected by applicable provincial or federal law.
Benefits:
- Casual dress
- Company events
- Company pension
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- Tuition reimbursement
- Vision care
- Wellness program
Ability to commute/relocate:
- Calgary, AB T2P 3G6: reliably commute or plan to relocate before starting work (preferred)
Education:
- Bachelor's Degree (preferred)
Work Location: In person
