Sr. Lead Commodity Risk Operations

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

Reporting to the VP, Chief Risk Officer, the Senior Lead, Commodity Risk Operations is accountable for the enablement and delivery of Commodity Risk services and ensuring the commercial impact of these, across an integrated S&T operation. This role leads a focused team and will have a combination of direct and indirect authority to deliver cross-functional orchestration of commodity risk commercial enablement activities in alignment with enterprise direction, approved priorities, and supporting governance structures.

This role owns the end-to-end readiness and throughput required to operationalize new trading initiatives, with a primary focus on accelerating the New Initiative Approval Process (NIAP) and reducing time-to-market for new products, markets, and trading strategies.

You will contribute to our team by:

Responsibilities:

Establishing strategic direction

• Support the Chief Risk Officer in the definition and execution of the Commodity Risk Operations operating model by translating enterprise direction, S&T commercial ambition and corporate risk appetite into practical standards, team capabilities, readiness criteria, and clear cross-functional hand-offs.

Commercial enablement

• Orchestrate priorities and interdependencies across Trading, Market Risk, Product Control, Trade Control, and other supporting/enabling functions. Drive alignment without direct authority, to deliver on key priorities and escalate unresolved trade-offs in a timely manner, as required.

• Lead the end-to-end orchestration of the new initiatives process, ensuring delivery, to Front Office, of an effective, cross-functional outcomes-focused service. This includes interaction across legal, compliance, systems, risk functions, and operations.

• Drive material reductions in support function cycle times by removing structural, process, and capability bottlenecks and shifting enablement from sequential to parallel execution.

Continuous Improvement

• Strengthen Commodity Risk capability and scalability by establishing a culture and supporting processes that drives simplification, standardization, automation, and enterprise change initiatives.

Team Leadership

• Design and sequence the Commodity Risk Operations organizational structure to ensure capability is built at the right time and scale to support Front Office and wider Middle Office / support function execution, growth, and evolving trading strategies.

What you will bring to the role

Education:

• Post-secondary degree in Finance, Business, Economics, Engineering, or a related field.

• Advanced or professional designation an asset (e.g., CFA, FRM, PRM, MBA).

Experience:

• 10+ years of experience in trading, risk management, middle office, or related functions within energy, commodities, or financial markets.

• Demonstrated experience leading complex, cross-functional initiatives in regulated environments.

• Proven track record of improving operating models, accelerating execution, and scaling enterprise capabilities.

Knowledge, Skills & Abilities

• Deep understanding of trading lifecycles and middle office enablement requirements.

• Strong knowledge of ETRM platforms, control frameworks, and operating model design.

• Exceptional ability to influence without direct authority.

• Strong strategic thinking paired with hands-on execution capability.

• Excellent communication, change and thought leadership, and problem-solving skills.

Working Conditions:

• Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or other offices

• Location: Calgary, AB

How To Apply and Next Steps

Capital Power only accepts resumes via online application atwww.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.