Analyst, Trade Control

A little about Capital Power

Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power. This north star guides our ambitions, focus, and actions as we transform our energy system. We're a growth-oriented North American energy company headquartered in Edmonton, Alberta. Our team safely delivers, builds, and creates balanced energy solutions for customers across North America.

Our people are at the core of our journey to deliver reliable, affordable, and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment, and we live by our North Star. With us, your contributions matter – we want you to be empowered to innovate, collaborate, and ultimately drive results. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America!

Your Opportunity

One Permanent Full-Time Position.  

The Trade Control Analyst is responsible for ensuring the integrity, accuracy, and compliance of daily trading operations within the Middle Office under the Commodity Risk Management framework. This role performs deal validation and confirmations, maintains exception and compliance reporting, and validates critical data for settlement and risk purposes. The analyst executes and contributes to developing robust trading and risk controls, supports audit inquiries, and ensures all trading activities adhere to risk policies, delegation of authorities, and internal limits. Additionally, the Trade Control Analyst ensures all deals are accurately captured in the ETRM system and that workflows are configured to support validations, confirmations, amendments, and settlements.

In this role, you’ll have the opportunity to expand your knowledge of risk management, ETRM systems and AI tools, and to gain exposure to a diverse range of commodity supply and trading activities. 

You will contribute to our team by:

• Deal validation: Oversee new deal checkout process each day and validate the accuracy of transactions in the ETRM.
• Confirmations: Confirm bilateral transactions. Review incoming confirmations and compare transaction details to ETRM for discrepancies. Prepare and send confirmations to counterparties in a timely manner.
• Exception reporting: Maintain a centralized audit log to track all late deal entries, deal amendments, missing price data, and other data management requirements to support trade compliance exception reporting. Produce internal trade compliance exception reports to ensure visibility and transparency into process and control effectiveness.
• Data validation: Ensure completeness and accuracy of the data in our systems of record - this includes sourcing and validating actual data as needed for settlement and invoicing purposes. Perform periodic and independent validation of calculations or data relied upon for risk reporting or risk quantification purposes.
• Trading and risk controls: Develop, maintain, and execute relevant Middle Office and Risk controls.
• Audit inquiries: As needed, support internal and external audit inquiries related to trading, hedging, and risk management activities.
• Monitoring: Ensure that all strategies and transactions executed are authorized by the risk policy. Ensure that all transactions and exposures are consistent with the organization’s delegation of authorities and within internal limits.
• ETRM system: Ensure that all proposed and existing deals can be accurately captured in the ETRM system.
• Workflow configuration: Ensure all workflows for new and existing deals are configured to support validations, confirmations, amendments, and settlements.
• Drive automation, including enabling the use of AI in core processes.
• Support various operational efficiency, process improvement, and analytical projects.

What you will bring to the role:   

Education:

• Post-secondary education related to audit, business, accounting, economics, finance, or risk management; related experience or education may be considered as an equivalent.

Experience:

• 1-2 years of relevant experience in middle office, trading, commodities, financial services, or a related field is preferred. Recent graduates or candidates with less experience may be considered where they demonstrate strong relevant knowledge and capabilities.
• Experience utilizing AI in solution generation.
• Exposure to ETRM systems and supporting audit inquiries preferred.

Technical Skills:

• Advanced Microsoft Excel and Office Suite.
• Intermediate SQL proficiency.
• Basic understanding of markets, commodities and trading concepts.
• High attention to detail and accuracy in transaction validation.
• Strong organizational and documentation skills.
• Effective communication for confirmations and audit support.
• Professionalism, reliability, and ability to work collaboratively.
• Ability to identify and resolve discrepancies and exceptions.

Working Conditions:

• Office position, with possible very minimal travel to meet business users at Capital Power facilities or other offices.
• Location: Calgary, AB

Additional Details:

Clearance of Credit check is required for this position.

In order to be considered for this role you must be legally eligible to work in Canada. The successful candidate for this position will undergo an education verification, reference checks and criminal record check.     

Capital Power employees that refer a successful candidate for this position are eligible for a $500 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [email protected].

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.