Lead (Manager), Product Control
Job Summary
A little about Capital Power
Capital Power (TSX: CPX) is dedicated toPowering Change by Changing Power. This north star guides our ambitions focus and actions as we transform our energy system. Were a growth-oriented North American energy company headquartered in Edmonton Alberta. Our team safely delivers builds and creates balanced energy solutions for customers across North America.
Our people are at the core of our journey to deliver reliable affordable and lower-carbon power solutions. We provide purpose-driven work in a safe and inclusive environment and we live by our North Star. With us your contributions matter we want you to be empowered to innovate collaborate and ultimately drive results. Were here to partner with you so you can learn grow and forge a career thats meaningful to you. Join us in powering North America!
Role Summary
The Lead Product Control is responsible for leading the Product Control team within Capital Powers Commodity Risk function. The role is accountable for ensuring valuation integrity P&L governance and valuation related reporting for Capital Powers Supply & Trading activities. This role oversees daily and month end P&L production price curve validation independent price verification and valuation model governance ensuring results are accurate explainable and compliant with internal controls and regulatory requirements.
The Lead Product Control serves as a key control and analytical partner to Trading Market Risk Finance and Compliance and provides leadership mentorship and strategic direction to the Product Control team while driving continuous improvement across valuation processes and valuation ETRM system controls.
As part of a rapidly growing team the successful candidate will demonstrate broad middle office and commodity risk management experience as well as the flexibility and a desire to contribute to wider team growth and development.
You will contribute to our team by:
Build lead and mentor the Product Control team fostering a strong control environment and culture of analytical rigor.
Own daily and month end P&L production validation and signoff ensuring completeness accuracy and timeliness.
Review approve and govern all commodity price curves including daily validation and month end independent price verification (IPV).
Conduct and oversee P&L attribution and explanation clearly articulating drivers of realized and unrealized P&L and impacts of market activity.
Work with Market Risk team to provide oversight and governance of valuation models assumptions and data inputs (system and external) ensuring consistent and defensible valuation outcomes.
Maintain strong valuation controls including adjustments and data quality checks to support P&L and reporting.
Support Market Risk team with evaluation of structured transactions and complex products from a valuation and economic perspective.
Interpret and support valuation related regulatory requirements (e.g. derivatives reporting) in partnership with Compliance and Risk.
Support internal and external audits by providing documentation analysis and evidence related to valuation P&L and Product Control processes.
Drive enhancements to valuation workflows data quality and system integrity within the ETRM platform.
Support the development and implementation of data-led automation opportunities to increase team impact through effective efficient & scalable operations.
What you will bring to the role:
Education:
Postsecondary degree in Finance Business Economics or a related field.
Professional designation an asset (e.g. CFA FRM PRM ERP).
Experience:
8 years of experience in Product Control valuation or P&L reporting within energy commodities or financial trading environments.
3 years of people leadership experience.
Technical Skills
- Deep understanding of valuation methodologies price curve construction and P&L attribution.
- Strong working knowledge of ETRM systems and valuation workflows.
- Experience with SOX controls audit support and regulatory reporting requirements.
- Proven ability to lead teams partner cross functionally and drive continuous improvement.
How To Apply and Next Steps
Capital Power only accepts resumes via online application at If you choose to submit your resume by any other means we cannot guarantee that your application will be considered for vacancies.
Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats communication support or other accessibility assistance by contacting.
Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills experience and knowledge for each position.
Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however it is our practice to contact only those individuals selected for interviews.
Required Experience:
Manager
About Company
Capital Power is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, owns, and operates power generation facilities using a variety of energy sources.