Lead, Market Risk
Insight Global
Job Description
Insight Global is currently seeking a Lead, Market Risk on a permanent basis in Calgary, Alberta, 3 days a week on-site for a large and growing power generation company. The Lead, Market Risk will be building a net new team of four and is responsible for managing the Market Risk function within the Commodity Risk Management Program, providing strategic oversight and leadership in risk analysis, limit setting, and risk reporting. This role develops and maintains risk analytics capabilities, sets and monitors risk limits, and ensures all trading strategies and new deals align with the organization’s risk management objectives. The Lead, Market Risk mentors and guides a team of market risk specialists, drives continuous improvement in risk processes and models, and collaborates with front office, risk, and senior management to support effective decision-making and risk governance.
We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.
Skills and Requirements
• 8+ years in market risk, quantitative analysis, or related middle office roles within trading, commodities, or financial services.
• 2-5+ years of proven experience leading and mentoring market risk teams.
• Hands-on experience with risk limit analysis, setting, and monitoring.
• Experience developing and maintaining risk analytics capabilities and risk models.
• Exposure to strategy alignment, risk reporting, and oversight of trading and hedging activities.
• Direct experience in power markets (e.g., WECC, PJM, ERCOT, AESO) is highly valued.
• Advanced proficiency with risk management systems and analytical tools (e.g., ETRM, Excel, Python, R, MATLAB).
• Expertise in risk quantification models (VaR, stress testing, back testing).
• Strong quantitative modelling skills, including options valuation, price curve modelling, and mark-to-model techniques.
• Ability to develop, maintain, and validate risk analytics and reporting frameworks.
• Familiarity with power market data, price curves, and valuation models specific to regional markets (e.g., WECC).
• Strong communication skills Have previously worked in the power or utility industry
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