Lead (Manager) Product Control at Capital Power — NeverHard
Lead (Manager) Product Control at Capital Power in Calgary, Calgary region. Skills: Leadership, Mentorship, P&L, Valuation, commodity risk modeling. Apply on NeverHard.
Company
Capital Power
Location
Calgary, Calgary region
Type
contract
Required skills:
Leadership
Mentorship
P&L
Valuation
commodity risk modeling
product control
Role Summary
The
Lead, Product Contro
l is responsible for leading the Product Control team, within Capital Power’s Commodity Risk function. The role is accountable for ensuring valuation integrity, P&L governance, and valuation related reporting for Capital Power’s 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 control
s.
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 developme
nt.
You will contribute to our team
by:Build, lead and mentor the Product Control team, fostering a strong control environment and culture of analytical ri
gor.Own daily and month end P&L production, validation, and signoff, ensuring completeness, accuracy, and timelin
ess.Review, approve, and govern all commodity price curves, including daily validation and month end independent price verification (I
PV).Conduct and oversee P&L attribution and explanation, clearly articulating drivers of realized and unrealized P&L and impacts of market activ
ity.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 outco
mes.Maintain strong valuation controls, including adjustments and data quality checks to support P&L and report
ing.Support Market Risk team with evaluation of structured transactions and complex products from a valuation and economic perspect
ive.Interpret and support valuation related regulatory requirements (e.g., derivatives reporting), in partnership with Compliance and R
isk.Support internal and external audits by providing documentation, analysis, and evidence related to valuation, P&L, and Product Control proces
ses.Drive enhancements to valuation workflows, data quality, and system integrity within the ETRM platf
orm.Support the development and implementation of data-led automation opportunities to increase team impact through effective, efficient & scalable operati
ons.
What you will bring to theEduc
ation:Post‑secondary degree in Finance, Business, Economics, or a related
field.Professional designation an asset (e.g., CFA, FRM, PRM,
ERP).
Expe
rience:8+ years of experience in Product Control, valuation, or P&L reporting within energy, commodities, or financial trading enviro
nments.3+ years of people leadership expe
rience.
Technica
l SkillsDeep understanding of valuation methodologies, price curve construction, and P&L attr
ibution.Strong working knowledge of ETRM systems and valuation wo
rkflows.Experience with SOX controls, audit support, and regulatory reporting requi
rements.Proven ability to lead teams, partner cross functionally, and drive continuous impr
ovement.
Working Co
nditions:Hybrid Office/Work from home position, with possible very minimal travel to meet business users at Capital Power facilities or othe
r officesLocation: Ca
lgary, AB