ZipRecruiter

Log In

1

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

Suncor

Sr Risk Analyst

Calgary, AB · On-site

Experience with finance principles (P/L, price curves, hedging, financial instruments) * Strong ... Direct improvements to our commodity trading and risk management system (CTRM) * Lead business ...

Wawanesa Insurance

Catastrophe Risk Specialist

Calgary, AB · Hybrid

CA$85K - CA$115K/yr

... Financial Group, a leading national distributor of personal and business insurance. In March of ... Job Overview Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and ...

MacDonald Search Group

Financial Controller

Calgary, AB · On-site

$120K - $140K/yr

Reporting directly to the President & CEO, the Controller will provide strategic financial leadership while overseeing accounting, financial reporting, budgeting, inventory controls, risk management ...

BMO Capital Markets

Financial Planner

Calgary, AB · On-site

CA$45K - CA$84K/yr

As a BMO Financial Planner you will be part of a collaborative team and have access to a strong ... Take measured risks while protecting the bank by applying our Risk Management Framework in the ...

Mancal

Financial Controller - MEI

Calgary, AB · On-site

The Financial Controller will partner closely with Finance Leadership and cross-functional teams to ... Governance, Controls & Risk Management * Strengthen the internal control environment through the ...

Td

Financial Planner - North Hill

Calgary, AB

CA$60K - CA$70K/yr

The Financial Planning team understands that helping clients set and achieve their financial goals ... Maintain a culture of risk management and control, supported by aligned risk appetite * Participate ...

next page

Showing results 1-20

All JobsFinancial Risk JobsFinancial Risk Manager JobsFinancial Risk Manager Jobs in Calgary, AB

Financial Risk Manager information

What are some common challenges Financial Risk Managers face when working with cross-functional teams?

Financial Risk Managers often collaborate with departments such as treasury, compliance, and IT to identify and mitigate risks. One common challenge is aligning risk management strategies with diverse departmental goals, which may sometimes conflict with each other. Effective communication and negotiation skills are essential to ensure all stakeholders understand the risk implications of their decisions. Additionally, adapting to rapidly changing regulations and market conditions can create pressure to quickly update risk models and processes.

What is the difference between Financial Risk Manager vs Credit Analyst?

AspectFinancial Risk ManagerCredit Analyst
CertificationsFRM, CFAFitch, CFA
Work EnvironmentFinancial institutions, banks, investment firmsBanks, lending institutions, credit agencies
Primary FocusAssessing and managing overall financial risksEvaluating creditworthiness of borrowers
Industry UsageRisk management departments, trading floorsLoan departments, credit risk units

While both roles involve financial analysis, a Financial Risk Manager focuses on identifying and mitigating broad financial risks across an organization, often requiring advanced certifications like FRM or CFA. A Credit Analyst specializes in assessing individual borrowers' creditworthiness to inform lending decisions. Both roles are vital in financial institutions but serve different strategic purposes.

What are the key skills and qualifications needed to thrive as a Financial Risk Manager, and why are they important?

To thrive as a Financial Risk Manager, you need a strong background in finance, quantitative analysis, and risk assessment, typically supported by a relevant degree and certifications like FRM or CFA. Expertise in risk modeling software, statistical tools such as SAS or R, and financial reporting systems is highly valued. Exceptional analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These skills and qualities are crucial for accurately identifying, assessing, and mitigating financial risks to protect organizational assets and ensure regulatory compliance.

What does a Financial Risk Manager do?

A Financial Risk Manager (FRM) is responsible for identifying, analyzing, and mitigating financial risks within an organization. Their work involves assessing threats related to credit, market, operational, and liquidity risk, and developing strategies to minimize potential losses. FRMs use quantitative analysis, financial modeling, and risk assessment tools to advise decision-makers on risk exposures. They play a vital role in ensuring that a company remains compliant with financial regulations and maintains financial stability.
What are popular job titles related to Financial Risk Manager jobs in Calgary, AB? For Financial Risk Manager jobs in Calgary, AB, the most frequently searched job titles are:
What job categories do people searching Financial Risk Manager jobs in Calgary, AB look for? The top searched job categories for Financial Risk Manager jobs in Calgary, AB are:
What cities near Calgary, AB are hiring for Financial Risk Manager jobs? Cities near Calgary, AB with the most Financial Risk Manager job openings:
Financial Risk Manager jobs near you
Infographic showing various Financial Risk Manager job openings in Calgary, AB as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, and 3% Contract. Highlights an 89% Physical, 3% Hybrid, and 8% Remote job distribution.
Senior Portfolio Manager, Regulated Power

Senior Portfolio Manager, Regulated Power

NRG Energy

Calgary, AB • On-site, Remote

Other

Posted 17 days ago

Job description

Welcome to the intersection of energy and home services. At NRG, we're all about propelling the next generation of leaders forward. We are driven by our passion to create a smarter, cleaner and more connected future. We deliver innovative solutions that make our customers' lives easier-helping them power, protect, and intelligently manage their homes and businesses. To do this, we need creative and talented people to join our company.

We offer a dynamic work environment and a unified and inclusive culture. NRG fosters a strong sense of belonging that leads to better collaboration and business performance. Our company programs are designed to help employees develop the skills they need for success now and in the future. In everything we do, we aim to champion our employees and bring value to our customers, investors and society.

More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn, and follow us on Twitter @nrgenergy.

Job Summary:  

The Senior Portfolio Manager will manage all aspects of the Regulated Power portfolio while operating in compliance with the AUC-approved Energy Price Setting Plan (EPSP). This role will procure and trade electricity in the Alberta Power Markets for the purposes of portfolio optimization and risk mitigation. 

This role is a key contributor in the development and implementation of the EPSP, working with internal and external stakeholders to achieve those ends. 

The individual will be a part of the Strategic Initiatives team and will be closely integrated with the Regulated Go-To-Market team, the Government & Regulatory Affairs group, and the Business Planning & Performance team. 

Essential Duties/Responsibilities: 

  • Design and Implementation of the Energy Price Setting Plan 

  • Be a key participant in the planning, development, and implementation of the EPSP. 

  • Develop and maintain pricing and financial models supporting regulated rates. 

  • Support regulatory proceedings, including AUC testimony, engagement with intervenors, and preparation of MSA financial assessments. 

  • Ensure ongoing compliance with the EPSP and the the Rate of Last Resort (ROLR) Regulation throughout its term. 

  • Portfolio Management 

  • Own the performance and day-to-day management of the regulated power portfolio. 

  • Identify and manage financial and market risks inherent to Alberta's retail electricity market. 

  • Design and execute EPSP- and corporate-compliant hedging and risk mitigation strategies. 

  • Procure and trade electricity to meet forecasted regulated customer demand. 

  • Execute transactions across Alberta wholesale markets using electronic platforms, OTC trades, bilateral counterparties, and RFP processes. 

  • Monitor Alberta power fundamentals, market developments, and emerging trends. 

  • Be able to make timely decisions for effective portfolio management. 

  • Financial Reporting & Forecasting 

  • Consolidate hourly pricing and volume data to track settled energy revenues, costs, and P&L. 

  • Develop future P&L projections and budgets using forward market prices, volume forecasts, and cost estimates. 

  • Build, maintain, and improve demand forecasting models. 

  • Analyze near- and long-term electricity-demand drivers using large data sets and quantitative models. 

Minimum Requirements:  

  • Bachelor's degree in Economics, Finance, Mathematics, Electrical Engineering, Computer Science, or a related quantitative discipline. 

  • 10-25 years of progressive experience in energy markets. 

  • Deep knowledge of Alberta power markets and trading fundamentals. 

  • Strong financial acumen, including profit & loss management and income statements. 

  • Demonstrated experience as a power trader or portfolio manager. 

Core Competencies and Leadership Attributes: 

  •  Strategic and analytical thinker with a strong execution mindset. 

  •  High level of judgment, accountability, and comfort operating in dynamic environments. 

  • Ability to work independently with minimal direction. 

  • Strong stakeholder management and influencing skills. 

  •   Exceptional written and verbal communication skills; able to explain complex concepts clearly. 

  •  Credibility and experience to act as an expert witness in regulatory proceedings. 

  • Superior analytical and problem-solving skills. 

Working Conditions: 

  • Full-time preferred (part-time may be considered). 

  • Remote or hybrid work arrangement. 

  • Open office environment when on-site. 

  • Occasional travel may be required. 

NRG Energy is committed to providing broad access to employment opportunities for diverse job seekers, and to ensuring our workforce represents the diverse communities we serve. We abide by human rights legislation and accommodate applicants and employees in accordance with applicable law.

Any information you provide through this form will be used and disclosed for the purposes of considering your application and, if you are offered a job, in relation to your employment (including post-employment activities). If you have provided references, you consent to us contacting such references and obtaining your personal information from them. Do not submit references if you have not obtained the consent of such references. Your personal information will otherwise be handled in accordance with our privacy policy.

DEML employs individuals in the Provinces of Alberta, Ontario, British Columbia, and Saskatchewan. We regret that we will be unable to hire you for this role if your regular remote work location is not within one of these listed provinces. Please reach out to careers@nrg.com if you have any questions.

NRG logo

About NRG

Sourced by ZipRecruiter

At NRG, we're bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to millions of customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy.

Industry

Oil and coal products manufacturing

Company size

5,001 - 10,000 Employees

Headquarters location

Houston, TX, US

View All NRG Jobs

Apply