1

Senior Operational Risk Analyst Jobs in Calgary, AB

We're looking for a Sr Risk Analyst professional to develop and deploy advanced risk and market analytics through an automated reporting environment, helping deliver timely insights and stronger ...

With expertise in sustainable studies, asset building and operations, and industry-leading ... Our senior project risk team lead in Edmonton - who is literally one of the best QRA (Quantitative ...

The Opportunity We are seeking a Counterparty Risk Analyst to join our Counterparty Risk Assessment ... Experience with regulated pipeline operations, tariff frameworks and/or related governance

The Opportunity We are seeking a Counterparty Risk Analyst to join our Counterparty Risk Assessment ... Experience with regulated pipeline operations, tariff frameworks and/or related governance

Acting as the primary enterprise advisor for project and operational risk, this role influences ... The Corporate Risk Manager provides authoritative guidance to project executives and senior leaders ...

Through strong model validation, analytical insight, and risk reporting, the role delivers clear ... Skilled in simulating dispatch, operational constraints, and market exposures for generation and ...

Regional Senior Management * Finance * Chartering * Credit * Demurrage * Tax * Compliance * Deals ... operations, finance and accounting teams. Commercially, we add value by providing traders with risk ...

next page

Showing results 1-20

Senior Operational Risk Analyst information

See Calgary, AB salary details

$16

$49

$74

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

As of Jun 23, 2026, the average hourly pay for senior operational risk analyst in Calgary, AB 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.

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 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.

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.
Infographic showing various Senior Operational Risk Analyst job openings in Calgary, AB as of June 2026, with employment types broken down into 1% As Needed, 64% Full Time, 26% Part Time, 2% Temporary, 6% Contract, and 1% Nights. Highlights an 86% Physical, 6% Hybrid, and 8% Remote job distribution, with an average salary of $102,250 per year, or $49.2 per hour.

Full-time

Medical, Dental, Vision, PTO

Posted 7 days ago


Job description

At Suncor, we produce and provide energy.

When you join Suncor, you become part of a company that has built a solid foundation for both business and employee success. We are a place where talented people thrive. As part of our team, you play a vital role in delivering energy we all rely on, and you'll make a meaningful impact in the communities where we live and work.

We're looking for a Sr Risk Analyst professional to develop and deploy advanced risk and market analytics through an automated reporting environment, helping deliver timely insights and stronger decision-making across the business. In this role, you'll build impactful Power BI dashboards and KPIs, enhance automated market risk systems, and design robust models for pricing, volatility, correlation, VaR, and scenario and sensitivity analysis. You'll also play a key role in improving our CTRM platform and driving business process automation initiatives that increase efficiency, accuracy, and scalability.

What we offer:

We recognize your contribution and offer a range of rewards and development opportunities designed to support your success. Benefits/perks listed below may vary depending on the nature of your employment with Suncor and the region where you work.

  • Strong compensation: we offer competitive compensation, regional-based uplifts, annual bonuses, and long-term financial rewards. We also help you save for your future by offering pension programs, and savings plans with company matching
  • Benefits: utilize an employee assistance program and comprehensive company-paid health, dental, and vision benefits for you and your family to support your mental, physical, and financial well-being
  • Generous time-off: enjoy generous paid vacation time and personal time-off to recharge and maintain a healthy work-life balance
  • Talent development programs: Internal mobility, succession planning, and employee training and development programs are just a few ways we're dedicated to your development

Minimum Requirements:

  • University degree in applied mathematics, engineering, mathematical finance, or physics OR equivalent
  • Experience with finance principles (P/L, price curves, hedging, financial instruments)
  • Experience in the energy market space, including a deep understanding of crude, refined products, natural gas, and power markets as well as spreads, basis, and diffs (time, location, quality)
  • Strong background in development of risk analytics, risk metrics, and valuation of non-linear instruments
  • Proficiency in Power BI, and Power Apps, and strong programming skills in SQL, VBA, Matlab, and Python
  • Deep knowledge of linear algebra, statistics, time series analysis, and econometrics
  • The ability to set priorities to meet multiple deadlines with varying urgency
  • Creativity to tailor oral and written materials to differing audiences with a focus on delivering concise responses

Responsibilities:

  • Develop and deploy risk and market analytics using our automated risk reporting system
  • Create Power BI reports to visualize and summarize analytical results and generate KPIs
  • Maintain and improve all aspects of the automated market risk system (Inputs, Code, Scripts, Queries, etc.)
  • Design, build, and test pricing formula, volatility curves, correlation matrix, VaR models, Scenario & sensitivity analysis
  • Direct improvements to our commodity trading and risk management system (CTRM)
  • Lead business process automation support project
  • Valuation of complex structured deals, asset optionality, and real options
  • Create ad-hoc models and reports while ensuring completeness and accuracy
  • Implement new metrics with respect to risk and its attribution

Location and other Key Details:

  • You will work out of our Calgary head office, located in the Suncor Energy Centre at 150 - 6th Ave S.W.
  • Hours of work are a regular 40-hour work week, Monday to Friday
  • You will work in an open trading floor environment
  • Your work schedule will mirror US, UK, and/or Canadian trading day environments, which may require working some Canadian holidays with a day taken in lieu

Think we are a fit? Apply now!

Suncor is committed to providing equal opportunities for employment and building an inclusive, results-oriented and high-performance culture where all members of our team feel safe, valued and respected.