Energy Market Analyst

ENERGY MARKET ANALYST

Reporting to the Manager, Energy Risk and Intelligence, the Energy Market Analyst is responsible for delivering critical, timely market and risk intelligence to the ABmunis Energy Program and its stakeholders. The Analyst’s primary role is to support quantitative evidence-based decision-making across energy procurement, hedging, customer quotations, portfolio risk monitoring, and contract support through effective analysis and clear communication. This role also provides supporting credit and prudential analysis to inform contracting decisions and ongoing counterparty/credit monitoring.

Key areas of support include:

• Reports on Alberta electricity and natural gas market conditions, including real-time and forward pricing.
• Commodity risk and portfolio exposure, including monitoring of positions, volumes, and hedge effectiveness.
• Regulatory changes and the impact on customer economics and procurement decisions.
• Maintaining accuracy and currency on inputs that support billing and financial settlement.
• Managing customer account, contract, site and consumption records for price quotes and product risk analytics.
• Credit and prudential analysis inputs to support contract approvals, ongoing monitoring, and related documentation.

Classification                                                                         Position Term

Level 4 – Advisor/Program Lead                                       Full Time Position                            

Know-How

Practical/ Technical Knowledge

• Post Secondary degree or diploma, emphasizing quantitative analysis, research, and applied modelling (e.g., Business, Economics, Finance, Engineering, Data/Analytics, or related). An acceptable combination of work experience and post-secondary education may be considered as equivalent.
• Preferred 2-3 years Utilities Industry Knowledge.
• Minimum 1-2 years of experience in a relevant analytical position working with large data sets, or equivalent experience working within industry environment. Includes:
  
  • Descriptive and predictive analysis, trending, impact analysis, and benchmarking.
• Strong proficiency with analytical and reporting tools, including Microsoft Excel (advanced), SQL querying and data extraction, and business intelligence/visualization tools such as Tableau.
• Understanding of databases and data structures sufficient to validate, reconcile, and interpret outputs; familiarity with relational databases and data concepts is an asset.
• Knowledge of Alberta’s electricity and natural gas industries, including an understanding of key organizations and market constructs (e.g., AESO Pool Price, NGX/ICE constructs) is required; deeper market design knowledge is an asset.
• Experience translating business questions into analytical methods (descriptive and diagnostic analysis, trending, variance/impact analysis, and scenario comparisons).
• Experience translating back and forth between Business Requirements and Information Technology Computer Science Requirements.
• Experience supporting commercial decision-making through clear written summaries, visualizations, and assumptions documentation.
• Experience with credit/risk concepts (e.g., counterparty/customer monitoring, basic financial statement review, and prudential/security concepts) is an asset.

Planning, Organizing, and Integrating

• Able to work collaboratively with internal and third-party partners to ensure market and risk information is accurate, reliable, and decision ready.
• Highly organized with effective time management and the ability to prioritize work in a time-sensitive environment.
• Able to work independently with appropriate supervision and escalation, exercising good judgment and initiative.
• Willing to learn additional analytic approaches and continuously improve tooling and automation.

Communicating and Influencing Skills

• Skilled at condensing complex information into succinct and easily understood summaries (e.g., concise emails, work summarization memos, and dashboards).
• Strong communication skills (written and oral) with both technical and non-technical audiences.
• Able to explain key drivers, assumptions, risks, and limitations of analysis in a clear and constructive manner.

Responsibilities

This position supports market intelligence, risk analytics, and credit-related decision support activities using energy market, portfolio, and customer information records.

• Market & Risk Intelligence (45%)
• Credit & Prudential Support (25%)
• Reporting & Dashboards (20%)
• Support Improvement and Innovation Initiatives (10%)
• Provide timely market insights to support pricing and procurement decision-making, including commentary on relevant market drivers and forward/real-time dynamics.
• Develop repeatable analysis and monitoring outputs that summarize portfolio exposures, volume assumptions, and risk drivers for internal stakeholders.
• Support hedge and settlement related review activities by validating inputs, reconciling analytical assumptions, and documenting exceptions or issues when identified.
• Disseminate reports and communicate findings through clear visuals, dashboards, and concise written summaries tailored to the audience.
• Conduct credit reviews and support analysis for prospective and existing customers/counterparties as required by business processes, including documenting findings and recommended mitigations when appropriate.
• Monitor credit-related indicators and support ongoing monthly/periodic review activities, including tracking prudential/security requirements and changes (as applicable).
• Maintain organized documentation of methods, assumptions, and data sources to ensure repeatability, transparency, and auditability of analysis.
• Liaise with IT and other partners as required to address data quality, reporting, and analytics needs; identify opportunities to improve automation and reduce manual effort.
• Stay up to date on relevant Alberta energy sector issues (regulated and deregulated) and communicate emerging risks/opportunities to internal stakeholders.
• Other work as assigned by the Manager, Energy Risk and Intelligence.

Core Competencies

Member Focus (Level 2)

• Applies knowledge about the customer to inform decision making and problem solving.
• Strives to provide additional value to the customer experience.
• Actively solicits internal and external customer feedback in order to improve business relationships.
• Suggests ways to improve the customer experience.
• Collaborates with colleagues to deliver high-quality service.

Relationship Building (Level 2)

• Recognizes the business concerns and perspectives of others and works in a manner that is mutually beneficial.
• Consistently communicates and shares information with others.
• Interacts effectively with people of diverse backgrounds.
• Establishes a reputation as a neutral, approachable professional within the department, across business units, and with external contacts.
• Develops networks within the organization to enable the achievement of their own and others' work-related goals.

Teamwork and Collaboration (Level 2)

• Fosters team camaraderie, collaboration, and cohesion.
• Understands the impact of one's actions on the ability of team members to do their jobs.
• Respects the differences other team members bring to the table by openly seeking others' diverse opinions.
• Helps the team accomplish goals and objectives by breaking down shared goals into smaller tasks.
• Approaches challenging team situations with optimism and an open mind, focusing on coming to a respectful conclusion.
• Makes suggestions to improve team engagement and effectiveness.
• Supports implementation of team decisions.
• Professionally gives and seeks feedback in order to achieve common goals.
• Values working in a diverse team and understands the importance of differing perspectives to develop unique solutions or ideas.

Communication (Level 2)

• Seeks to understand others' points of view, looking at verbal and nonverbal cues to encourage open and honest discussions.
• Invites and encourages others to participate in discussions.
• Projects a sincere and genuine tone. Remains calm when dealing with others who are upset or angry.
• Provides and seeks support to improve communication.
• Does not jump to conclusions or act on assumptions.
• Tailors messages to meet the different needs of different audiences.
• Accurately interprets responses of others to their words and actions.
• Provides feedback effectively and with empathy.
• Coaches employees and managers on how to effectively communicate

Dynamic Learning Mindset (Level 2)

• Actively seeks opportunities for the development of their own, and others', skills and knowledge.
• Proactively experiments with new approaches and development opportunities.
• Offers feedback and constructive criticism in a respectful way.
• Actively solicits feedback on their own performance from others.
• Seeks to learn lessons from both successes and failures.
• Shares new knowledge and findings with others.
• Takes ownership of their own development.

Problem Solving and Decision Making (Level 2)

• Seeks information and input to fully understand the cause of problems.
• Takes action to remove obstacles and address problems before they impact performance and results.
• Initiates the evaluation of possible solutions to problems.
• Makes effective decisions about work task prioritization.
• Appropriately assesses risks before making a decision.
• Effectively navigates through ambiguity, using multiple data points to analyze issues and identify trends.
• Does not jump to conclusions.
•  Draws logical conclusions and provides opinions and recommendations with confidence.
• Takes ownership over decisions and their consequences.