Counterparty Risk Analyst

TC Energy

Counterparty Risk Analyst assessing counterparty credit risks at TC Energy. Conducting analyses, managing portfolios, and ensuring alignment with risk policies and governance.

Posted 6/17/2026full-timeCalgary • 🇨🇦 CanadaSeniorLeadWebsite

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

credit assessmentfinancial statement analysisrisk rating determinationcredit limit recommendationsfinancial analysisratio analysisliquidity assessmentcredit evaluationdata analyticscredit risk mitigation

Soft Skills

attention to detailanalytical skillsprioritizationtime managementcollaborationcommunication skillsproblem-solvingdecision-makingadaptabilityteamwork

Tools & Technologies

Microsoft ExcelMicrosoft WordMicrosoft PowerPointAI toolsPower BIcredit systemsenergy trading platformsrisk management platformsdata visualization applicationscredit documentation systems

Certifications & Qualifications

CFACPABachelor of CommerceBachelor of Economicsbusiness-related degree

Industry Keywords

credit riskenergy industrycommodity tradingregulated pipeline operationstariff frameworksfinancial assurancecontract negotiationscapital project developmentcounterparty creditworthinessexposure reporting

About the role

Key responsibilities & impact

Conduct credit assessments of counterparties, including financial statement analysis, risk rating determination, and credit limit recommendations
Monitor counterparty creditworthiness and exposures relative to approved limits or changing business requirements; investigate, analyze and report on exposure exceptions, their key drivers and associated risks
Prepare clear, well‑supported credit memos, recommendations, and materials for management review
Accurately manage and maintain a significant counterparty portfolio, ensuring timely, complete, and up‑to‑date credit records and documentation
Support monthly, quarterly and ad-hoc counterparty exposure reporting
Collaborate with Front, Middle, and Back Office groups to support deal execution and effective credit risk mitigation
Apply contractual credit and financial assurance provisions to mitigate financial risk and support informed decision-making on commercial and capital project exposures, ensuring alignment with internal policies and applicable tariff requirements
Contribute to continuous improvement initiatives, including enhancements to processes, controls, and credit systems, leveraging data analytics and other technology wherever possible

Requirements

What you’ll need

Bachelor of Commerce, Economics or business-related degree
7+ years of progressive credit risk experience in the energy industry
Strong working knowledge of energy markets and commodity trading
Knowledge of counterparty credit systems and energy trading and risk management platforms
Strong financial analysis skills, including ratio analysis, liquidity assessment, and credit evaluation
Experience with regulated pipeline operations, tariff frameworks and/or related governance
Demonstrated experience evaluating and providing recommendations on credit risk and financial assurance implications in support of contract negotiations and capital project development activities
Proficient knowledge and experience using Microsoft Excel, Word, and PowerPoint
Proficiency with AI tools and Power BI, or similar analytical and visualization applications
Progress towards or completion of a CFA, CPA, or equivalent professional designation
Strong attention to detail and the ability to analyze, interpret, and draw sound conclusions from ambiguous or incomplete information
Demonstrated ability to prioritize effectively and deliver high‑quality work while managing competing deadlines in a fast‑paced environment
Ability to work collaboratively and professionally with others in a team environment
Strong verbal and written communication skills with the ability to convey complex risk information clearly and concisely to a range of internal and external stakeholders.

Benefits

Comp & perks

Health insurance
401(k) matching
Flexible work hours
Paid time off
Remote work options