Credit Risk Manager Jobs in Calgary, AB (NOW HIRING)

The Opportunity:

At Canadian Natural, we are dedicated to driving innovation and excellence in the energy sector. As a recognized leader in Canada's energy industry, we operate one of the strongest and most diversified asset portfolios of any independent energy producer in the world.

Make your mark while you grow your career! As a Condensate Marketer, you will be a key member of the Crude Oil Marketing team, responsible for marketing Canadian Natural's condensate and C5+ production, purchasing diluent supply, and supporting reliable blending and transportation of heavy oil and bitumen. Working closely with Crude Oil Marketing, Scheduling, Operations, Accounting, Credit, and Legal, you will help execute commercial transactions, develop market views, resolve day-to-day issues, and identify opportunities to improve value across Canadian Natural's liquids portfolio. Your understanding of Western Canadian condensate, diluent and crude oil markets, combined with strong commercial judgment and attention to detail, will contribute to your success in this role.

• Job location: Calgary, Alberta
• Shift schedule: 5 x 2, 8-hour shifts
• Safety sensitive position: No
• Application deadline: July 12, 2026

Key Accountabilities:

• Market Canadian Natural's condensate volumes to maximize value and maintain reliable product placement for blending operations
• Analyze condensate market fundamentals, including pricing, supply, demand, imports, storage, pipeline capacity, blending demand(s) and market trends across key North American condensate hubs
• Negotiate and execute spot and term condensate purchases, sales, exchanges, storage and transportation arrangements
• Work with Logistics and Scheduling to coordinate pipeline nominations for receipts, deliveries, inventory and ad-hoc transportation alternatives
• Proactively identify and originate commercial opportunities with respect to location, timing, quality, transportation, storage and counterparty alternatives to improve operational netbacks
• Maintain accurate contract, pricing, position and exposure information in accordance with internal credit, risk and governance requirements
• Resolve commercial, scheduling, quality, measurement and invoicing issues with internal teams and external counterparties
• Prepare market updates, pricing analysis, deal summaries and recommendations for management
• Evaluate commitments and access to infrastructure with respect to long-term strategy
• Develop and maintain external relationships to expand market presence

What You Bring to the Role:

• 5+ years of experience in condensate, NGL, trading, scheduling or commercial business development
• Bachelor's degree in business, Economics, Finance, Engineering or a related discipline
• Strong understanding of Western Canadian crude oil, condensate and NGL markets
• Practical knowledge of heavy oil and bitumen blending economics
• Experience negotiating or supporting purchase, sale, exchange, transportation, storage or terminalling agreements
• Strong analytical skills with the ability to evaluate pricing, differentials, netbacks, quality, transportation costs and commercial alternatives
• Strong communication and relationship management skills, with the ability to work effectively with internal teams and external counterparties
• Ability to manage competing priorities, resolve issues and make timely recommendations in a fast-paced commercial environment

What We Offer:

• Competitive salary, stock options, company matched stock savings plan, annual bonuses
• May be eligible for relocation pursuant to Canadian Natural's Relocation Policy
• 100% Employer paid extended Health, Dental and Vision Benefits 
• Health & Wellness Spending Account
• Multiple volunteer opportunities within the community
• Employee & Family Assistance Program
• Access to online learning platforms for continuous learning and development
• Paid vacation and time off during Christmas week and summer Fridays

Check out our COMPENSATION & BENEFITS to learn more about what we have to offer!

We are proud to be ranked as one of Forbes' Canada's Best Employers in 2025 and 2026.

We invest in your career through offering a culture that focuses on developing people, working together and doing it right, with fun and integrity.

Industry Leader: We commenced business in 1989 with a handful of employees and modest production, but today we employ more than 10,000 people and produce over 1 million BOE/d.

Community Investment: Social responsibility is a critical element of our commitment to responsible operations and part of our success and pride as a Company. We are committed to investing in the communities where we live and work, creating shared value along the way.

Compensation and Benefits: We strive to share Company success with all employees through a comprehensive total compensation package.

Our People, Our Stories: Our stories demonstrate the strong culture that exists at Canadian Natural - one that focuses on developing people, working together and doing it right, with fun and integrity.

Check out some of our Employee Testimonials!

All candidates applying to Canadian Natural must have legal authorization to work in Canada with no restrictions. 

While we appreciate all applications we receive, kindly note only candidates under consideration will be contacted.