Risk Analyst - Middle Office

Job summary

The Risk Analyst will support daily trade valuation, risk reporting, and compliance activities within the Commodity Risk Management program. They will also collaborate with the Quantitative Analytics team on model development and process improvement projects.

Job details

As a Risk Analyst Student, you will support the Middle Office & Quantitative Analytics team in executing daily trade valuation and risk reporting activities, contributing to the governance and performance measurement of Irving Oil’s Commodity Risk Management (CRM) program. You’ll also assist the Quantitative Analytics team with model development, gaining exposure to both physical and financial trading operations. The Middle Office & Quantitative Analytics team is responsible for the governance, compliance, and reporting of activities under our Commodity Risk Management program, which helps to stabilize the company’s cash flow by mitigating the impact of price volatility in the financial derivatives market. The program ensures that even when market prices fluctuate unexpectedly, the organization can still meet its financial targets. The team sits within our Home Office under the Governance, Planning & Risk department, and works closely with both the front and back office to manage contract documentation, monitor compliance, and report key metrics. Responsibilities: * Perform daily valuation of the trade portfolio by gathering data from various platforms and reviewing contract documentation * Support the reporting of risk management metrics to ensure CRM policy compliance * Assist with ad hoc process improvement projects to enhance reporting and data workflows * Review trading information across systems and internal documents to validate accuracy * Collaborate with the Quantitative Analytics team on model development and performance tracking Your Skills: * Strong attention to detail * Willingness to learn and apply new concepts in finance and risk management * Effective communication skills for working with cross-functional stakeholders * Basic understanding of financial principles * Proficiency in Excel and Microsoft Office Suite; openness to learning programming languages Your Experience: * Currently enrolled in a Business Administration program completing 2nd or 3rd year of study with a strong interest in finance * Must have completed at least one year of post-secondary education and be returning to school What We Offer: * Professional Development – Student focused learning & development sessions, mentorships and networking events * Student Benefits – Housing allowance, relocation support, co-op fee reimbursement and parking allowance for qualifying candidates * Work Environment – Work in our home office building or our refinery with access to a fitness facility, onsite nurse, and a café * Wellness Support – With 24/7 access to our Employee & Family Assistance Program * Volunteer and Donation Matching Program – Choose when and where to make an impact with a paid volunteer day, company volunteer opportunities, and a donation matching program * Compensation – The weekly salary for this role will be based on your current work term. 1st - $795, 2nd - $875, 3rd and additional terms - $960 Irving Oil is committed to supporting a diverse and inclusive work environment. We thrive on the good energy that’s created when our people from different backgrounds, identities, cultures and experiences share their unique perspectives. Diversity is key to our success and inclusion is everyone’s responsibility. Job Requirements - Work Experience Job Requirements - Education

What you’ll do

The Risk Analyst will support daily trade valuation, risk reporting, and compliance activities within the Commodity Risk Management program. They will also collaborate with the Quantitative Analytics team on model development and process improvement projects.

Requirements

Candidates must be currently enrolled in a Business Administration program, having completed at least one year of post-secondary education. Proficiency in Microsoft Office, particularly Excel, and strong attention to detail are required.

Benefits

• Housing allowance • Relocation support • Co-op fee reimbursement • Parking allowance • Fitness facility access • Onsite nurse • Café • Employee & Family Assistance Program • Volunteer day • Donation matching program

Listed skills

• Attention to detail · Preferred
• Microsoft Excel · Preferred
• Risk Management · Preferred
• Reporting · Preferred
• Communication Skills · Preferred
• Microsoft Office Suite · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Risk management
• Financial principles
• Data valuation
• Trade portfolio analysis
• Reporting
• Compliance monitoring
• Model development
• Excel
• Microsoft Office Suite
• Attention to detail
• Communication skills
• Programming languages
• Workplace Inclusivity
• Middle Office
• Workflow Management
• Effective Communication
• Willingness To Learn
• Policy Compliance
• Planning
• Programming Languages
• Microsoft Excel
• Customer Relationship Management
• Business Administration
• Derivatives Markets
• Finance
• Financial Trading
• Oil and Gas
• Refinery Experience
• Governance
• Risk Management
• Microsoft Office
• Operations
• Performance Measurement
• Risk Analysis
• Process Improvement
• Detail Oriented

Job areas

• Finance & Accounting
• Energy
• Data & Analytics
• Management & Leadership
• Middle Office Analyst
• Risk Consultant
• Management and Organization Analysts
• Financial Risk Specialists