Enbridge

Enbridge

Technical Manager Commodity Market Risk

Houston, TX, USA · Full-time

Sponsorship not specifiedDetected 32 days ago
PythonSQLSparkData VisualizationStatisticsBusiness DevelopmentFinancial ModelingAccountingValuationERPFEALoad TestingPharmacy PracticeLeadershipCommunication

About the role

  • Apply today for this extraordinary opportunity with Enbridge!

Responsibilities

  • Lead VaR model integrity, P&L decomposition, and and end‑to‑end FEA VaR integrity risk to ensure accurate and scalable enterprise risk reporting.
  • Deliver end-to-end development of risk reporting tools and automation, leveraging Python and Power BI for advanced analytics.
  • 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.
  • Experience in the design of risk metrics & controls to manage cash month price risks.
  • Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting careers@enbridge.com.

Requirements

  • 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
  • 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
  • ability to explain financial models in operational terms.
  • Dynamic interpersonal skills & the ability to work effectively with others.
  • Strong understanding of multiple option valuation methodologies & risk management approaches.
  • Experience reviewing large pricing data history, creating, & identifying value added visualizations/insights for decision makers.
  • Technical experience risk managing, troubleshooting and modeling transactions in Openlink/Endur or similar energy trading & risk management systems (ETRM) across the transaction life cycle.
  • Strong understanding of how to analyze power LMP/congestion settlement & external forward pricing sources, make price curve recommendations or valuation enhancements.
  • Experience in PJM, MISO, NYISO, ISO-NE, ERCOT, SPP, IESO &/or AESO power markets

Nice to have

  • Experience with OpenLink/Endur (or similar ETRM systems) is a strong asset.
  • CFA, MBA, CA, or other related designation is an asset.
  • Risk Management designations in ERP or FRM are also an asset.
  • Concurrent cross commodity expertise across multiple geographies for liquid and illiquid products, exchange traded activities, including CSO's.
  • Advanced coding experience in Python, SQL, & Business Intelligence apps (Power BI is preferred).

Benefits

  • A flexible benefits program that allows each employee to select the level of coverage needed for their family in the areas of health, dental, insurance and disability.
  • Valuable retirement savings plans, including a savings plan with company stock as an investment option.
  • Ability to create new market risk tools & processes by defining a project's vision & executing it from inception to completion.
  • Paid time off/vacation/sick, plus paid personal days off (depending on location), and paid holidays.
  • Enbridge's FlexWork (hybrid work model) offers eligible employees (Manager and below) the option to work from home on Wednesdays and Fridays, opt for a compressed work week schedule, or have flexible start and end times.

Company info

  • At Enbridge, we are dedicated to our core value of Inclusion.
  • We are proud to be an
  • To learn more about us, visit www.enbridge.com

Equal opportunity

  • Equal Opportunity Employer.

Visa & Work Authorization

  • Enbridge's FlexWork (hybrid work model) offers eligible employees (Manager and below) the option to work from home on Wednesdays and Fridays, opt for a compressed work week schedule, or have flexible start and end times.
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This listing is sourced directly from Enbridge's careers page and normalized into a canonical job model.