Sr. Analyst, Market Data

About the role

A little about Capital Power Capital Power (TSX: CPX) is dedicated to Powering Change by Changing Power . This north star guides our ambitions, focus, and actions as we transform our energy system. We're 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. We're here to partner with you so you can learn, grow, and forge a career that's meaningful to you. Join us in powering North America! Your Opportunity: One Permanent Full Time Position. The Sr. Analyst, Market Data owns Capital Power's end-to-end price curve framework within the Risk Group. The role is accountable for the quality, integrity, and governance of all price and market data curves used across the commodity portfolio, spanning new curve intake, methodology design, system configuration, daily production and validation, independent price verification (IPV), and governance reporting. The successful candidate will combine strong quantitative and systems skills with sound professional judgment and a commitment to robust controls and will serve as the subject-matter expert on all matters related to commodity and market data curves. You will contribute to our team by: Key Accountabilities: - Serve as the single point of contact for all new commodity and market data curve requests and manage the intake process from request through governance approval. - Design, build, calibrate, and document forward price curve models across commodities and delivery points, including directly observable, interpolated, and proxy / spread-to-benchmark approaches. - Own and maintain the central curve register, ensuring all curves are catalogued with current attributes, approval status, and scheduled review dates. - Configure and maintain approved price curves in ZEMA (data ingestion, quality rules, curve construction logic) and Allegro (curve definition, valuation formulas, P&L attribution); lead UAT and production deployment. - Monitor daily curve production across all curves; investigate and resolve data feed failures, quality alerts, and other flags within EOD SLAs; maintain and test fallback procedures. - Execute the firm's daily validation and monthly independent price verification (IPV) process; compare curve outputs to independent market sources; prepare and distribute IPV reports; escalate material exceptions. - Conduct or coordinate independent validation of all new and materially modified price curve models; issue structured validation reports; track findings to remediation; manage the periodic revalidation schedule. - Prepare and present submissions to Risk Oversight Committee; produce periodic governance reports covering inventory status, open findings, IPV exception trends, and curve performance. - Maintain the model risk and governance framework for price curves in alignment with Model Risk Policy and applicable regulatory guidance; support audits and regulatory examinations. What you will bring to the role: Education & Experience: - Post-secondary degree in Finance, Economics, Mathematics, Engineering, or a related field. - Advanced degree (e.g., Master's, PhD) or professional designation (e.g., CFA, FRM, PRM) is an asset. - 5-7+ years in risk management, market data, model validation, or quantitative risk in a commodity trading or energy environment. - Hands-on experience building or validating forward price curves, including proxy / spread-to-benchmark methodologies with regression-based parameter calibration. - Direct experience with ZEMA and / or Allegro in a production environment strongly preferred. - Familiarity with model risk frameworks and organized commodity markets (AESO, IESO, CAISO, MISO, ERCOT, PJM, Henry Hub, environmental) preferred. Technical Skills: - Apply risk management systems and analytical tools (ETRM, Excel, Python, R) to build, validate, and maintain pricing models and data workflows. - Query and integrate market data using SQL and data APIs (e.g., ICE Data Services, ZEMA, Nodal) to support curve production and validation processes. - Automate repetitive data processes and controls using scripting, with an ability to identify opportunities to streamline manual workflows. - Develop, validate, and maintain pricing methodologies, including proxy/spread-to-benchmark and regression-based approaches, across liquid and illiquid markets. - Demonstrate working knowledge of power market data, forward price curves, and valuation models in regional markets (e.g., WECC, AESO, PJM). - Leverage AI and emerging analytical tools (e.g., Copilot, LLMs, machine learning libraries)