AltaGas - Manager, Market Risk

Job Description AltaGas - Manager, Market Risk

We’re looking for a strategic and collaborative leader to join our Risk Management team as Manager, Market Risk. This is a high-impact opportunity for a seasoned professional to lead a talented team, partner across the business, and elevate the visibility and value of market risk within a dynamic and evolving organization.

- Lead and develop a high-performing Market Risk team, fostering a collaborative, accountable, and growth-oriented culture that supports both individual development and team excellence

- Act as a strategic partner to the business, elevating the visibility of market risk across the organization and building strong cross-functional relationships to support informed decision-making and operational alignment

- Prepare and review daily risk reporting packages—including mark-to-market (MTM), Gross Margin at Risk (GMaR), and price exposures—ensuring accuracy and clarity for a broad audience

- Translate complex risk metrics into actionable insights through clear communication and compelling visual presentations

- Collaborate with Front, Middle, and Back Office teams to ensure accurate valuation and reporting of commodity transactions

- Develop and enhance price models, valuation tools, and reconciliation frameworks to support commodity risk analysis and reporting

- Analyze internal and external market data to support valuation models and assess future commodity risks

- Lead integration efforts for new businesses into AltaGas’ ETRM system (Allegro Horizon), identifying key risks and supporting implementation

- Manage ad hoc projects related to commodity transactions, strategic initiatives, and prospective deal evaluations

What You Bring:

- Minimum 7 years of experience in energy trading, with direct exposure to middle office and/or trading roles

- Proven leadership experience, with a track record of mentoring and developing high-performing teams

- Strong understanding of energy commodity markets, particularly NGL and Crude Oil

- Expertise in market risk modeling techniques including option models, volatility measures, GMaR, back-testing, and stress scenarios

- Advanced proficiency in Excel and business intelligence tools such as Power BI

- Experience presenting risk insights to senior leadership and cross-functional stakeholders

- A degree in a quantitative discipline such as Mathematics, Statistics, Finance, Economics, or Engineering

- Familiarity with ETRM systems—experience with Allegro Horizon is a strong asset

- Proficiency in programming languages such as Python and SQL is highly desirable

- Experience in credit risk is considered a valuable asset for cross-functional insights

Why Join AltaGas?

- Be part of a growing company with a clear future and a unique value proposition in the energy sector

- Play a key role in shaping how market risk is understood, communicated, and leveraged across the organization

- Lead a team that’s passionate, engaged, and committed to continuous improvement

For Canadian hires

: AltaGas hires personnel on the basis of job-related qualifications. All qualified applicants will receive consideration without regard to a person's ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity or expression, age, record of offences, marital status, family status or disability or any other characteristic protected by applicable law.

: WGL/SEMCO/AltaGas offers a total rewards package that includes competitive pay, incentive bonus plans, holiday pay, 401K matching and a wide array of benefits. These benefits including medical, dental and vision coverage are designed to help you and your family stay healthy. We also have paid time off (PTO) to balance the demands of your work and personal life. Available benefits vary depending upon the specifics of the role.

U.S. affiliates of AltaGas are committed to equal employment opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, ethnicity, religion, gender, age, national origin, marital status, sexual orientation, gender identity, family responsibilities, matriculation, physical or mental disabilities, political affiliation, genetic information, status as a protected veteran or any other characteristic protected by federal, state, or local law.