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Senior Operational Risk Analyst Jobs in Alberta (NOW HIRING)

Deals Risk & Quality Senior Associate

Calgary, AB · Hybrid

CA$58.40K - CA$97.50K/yr

The candidate will be focused on providing Risk and Quality operational support to the Deals ... Gather and analyze monthly data to supportDeals,R&Q reporting,insightsand trend analysis * Maintain ...

Reporting to the SVP, Risk and Legal , this is the first dedicated risk role in the organization ... Maintain claims data and loss analytics to inform risk strategy and captive decision‑making. Risk ...

Reporting to the SVP, Risk and Legal , this is the first dedicated risk role in the organization ... Maintain claims data and loss analytics to inform risk strategy and captive decision‑making. Risk ...

Partner closely with trading teams to evaluate risk/reward scenarios and support execution of ... Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil ...

New

Support operational teams with process design, workflow reviews, and system enhancements. Conduct data and risk analysis to identify gaps and improvement opportunities. Facilitate requirements ...

Trading Risk and Operations Manager Reports to: Trading and Contract Management Director Location ... Leading on the analysis of volume and commodity price forecasts, understanding the differences ...

As a Senior Field Analyst you will be involved in: Field Data Capture & Verification * Use digital ... Support daily progress validation and provide insights for forecasting, risk review, and change ...

... SOC operations, risk management, and continuous security improvement. This position entails ... The analyst will support the development of cybersecurity training, and the maintenance of the ...

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Showing results 1-20

Senior Operational Risk Analyst information

See Alberta salary details

$16

$49

$74

How much do senior operational risk analyst jobs pay per hour?

As of May 29, 2026, the average hourly pay for senior operational risk analyst in Alberta is $49.16, according to ZipRecruiter salary data. Most workers in this role earn between $38.46 and $64.90 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Operational Risk Analyst, and why are they important?

A Senior Operational Risk Analyst must have strong analytical skills, in-depth knowledge of risk management frameworks, and a relevant degree such as finance, business, or risk management. Proficiency with risk assessment software, data analytics tools (like SAS or Excel), and certifications such as FRM or ORM are commonly required. Outstanding communication, attention to detail, and problem-solving abilities help them collaborate effectively and deliver actionable insights. These skills ensure accurate risk identification, effective mitigation strategies, and compliance with regulatory standards.

How does a Senior Operational Risk Analyst typically collaborate with other departments to identify and mitigate risks?

A Senior Operational Risk Analyst works closely with departments such as compliance, internal audit, IT, and business units to identify, assess, and monitor operational risks. This collaboration often involves regular meetings, risk workshops, and sharing of data or incident reports to ensure all potential risks are captured and managed effectively. The analyst also helps develop and implement risk mitigation strategies, offering guidance and training to staff across teams. Effective communication and relationship-building are essential, as the role often requires balancing diverse perspectives to support the organization's risk management objectives.

What does a Senior Operational Risk Analyst do?

A Senior Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect an organization’s operations. They analyze internal processes, monitor compliance with regulations, and develop strategies to minimize potential losses or disruptions. In this role, they collaborate with various departments to ensure effective risk management and provide recommendations for improving controls. Their expertise helps protect the organization from financial, reputational, and operational harm.

What is the difference between Senior Operational Risk Analyst vs Operational Risk Analyst?

AspectSenior Operational Risk AnalystOperational Risk Analyst
Required CredentialsBachelor's degree, professional certifications (e.g., ORM, FRM)Bachelor's degree, some certifications preferred
Work EnvironmentFinancial institutions, large corporations, risk management teamsFinancial firms, banks, insurance companies
Employer & Industry UsageUsed in senior roles within risk departmentsEntry to mid-level roles in risk management
Common Search & ComparisonOften compared for career progressionBase role for operational risk careers

The main difference between a Senior Operational Risk Analyst and an Operational Risk Analyst lies in experience, responsibilities, and seniority. The senior role typically involves more complex risk assessments, leadership, and strategic input, while the operational risk analyst focuses on data collection, analysis, and supporting risk management processes. Both roles are essential in financial and corporate sectors, with the senior position representing a step up in expertise and scope.

What are popular job titles related to Senior Operational Risk Analyst jobs in Alberta? For Senior Operational Risk Analyst jobs in Alberta, the most frequently searched job titles are:
What job categories do people searching Senior Operational Risk Analyst jobs in Alberta look for? The top searched job categories for Senior Operational Risk Analyst jobs in Alberta are:
What cities in Alberta are hiring for Senior Operational Risk Analyst jobs? Cities in Alberta with the most Senior Operational Risk Analyst job openings:
Infographic showing various Senior Operational Risk Analyst job openings in Alberta as of May 2026, with employment types broken down into 100% Full Time. Highlights an 60% In-person, and 40% Hybrid job distribution, with an average salary of $102,250 per year, or $49.2 per hour.

Sr. Lead Commodity Risk Operations

Capital Power

Calgary, AB • On-site, Remote

Full-time

Posted 14 days ago


Job description

A little about Capital Power

Capital Power (TSX: CPX) is dedicated toPowering 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 crossfunctional orchestration of commodity risk commercial enablement activities in alignment with enterprise direction, approved priorities, and supporting governance structures.

This role owns the endtoend readiness and throughput required to operationalize new trading initiatives, with a primary focus on accelerating the New Initiative Approval Process (NIAP) and reducing timetomarket 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 crossfunctional handoffs.

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 tradeoffs in a timely manner, as required.

  • Lead the endtoend orchestration of the new initiatives process, ensuring delivery, to Front Office, of an effective, crossfunctional 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:

  • Postsecondary 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, crossfunctional 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 handson execution capability.

  • Excellent communication, change and thought leadership, and problemsolving skills.

Working Conditions:

  • Office environment

  • 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 contactingcareers@capitalpower.com.
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.