Commercial Transactions Analyst

- Pay Rate: $54.00 - $65.88 /hour, depending on experience
- Contract Length: 1 Year
- Location: Calgary, Alberta

Raise is currently hiring a Commercial Transactions Analyst on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader. Our Client, the third largest producer of Canadian oil and natural gas and the second largest refiner and upgrader with extensive midstream and downstream infrastructure.

Note: The primary pay rate is based on T4 classification; however, we will also consider applications from candidates interested in an INC classification, where applicable.

Description

The Commercial Transactions Analyst, in this role, will establish themselves as the subject matter expert for the actualization, pricing, and settlement activities within the Crude Oil / NGL portfolio. You will gather, validate, and maintain volumetric, pricing, and fee information; support front, middle, and back office teams with accurate and timely data; and work directly with counterparties to confirm all components required for settlement. Success in this role requires developing robust collaborative relationships with Trading, Scheduling, Risk, Finance, Treasury, Contract Administration, Business Development, and external partners. You will participate as a supportive and reliable team member, contribute to continuous process improvement, and demonstrate leadership within your area of responsibility. The ideal candidate brings industry experience in commodity pricing or actualizations, strong analytical and problem‑solving skills, and a willingness to seek support when needed while providing the same support to their team.





Responsibilities

- As a member of the Commodity Transactions Team, you will be responsible for the following:
- Manage volumetric data and actualization processes in ETRM systems and other applicable records
- Identify, validate, and allocate all unplanned and established fees associated with commodity movements or transactions
- Support risk management and accounting activities, including month-end processes and unmatched report management
- Collaborate with stakeholders such as trading, scheduling, and financial teams for actualized volumetric and fee-related inquiries
- Ensure data integrity, consistency, and compliance in all system records
- Identify and implement process optimizations and automation opportunities
- Maintain business continuity through documentation and training
- Prioritize timeliness and efficiency to support accurate invoicing and cash collection
- In this position you will work closely with Crude Oil/NGL Trading, Crude Oil/NGL Scheduling, Middle Office Risk, Finance, Business Development, and Treasury.
- Within the Crude Oil/NGL portfolio, specific responsibilities are expected as follows:
- Actualize Shipper Balances (purchases, sales, movements, and facility transfers)
- Actualize unplanned fees (demurrage, other)
- Manage and actualize established fees (tariffs, other)




- Manage Bill of Lading entry to ETRM and associated reconciliation for rail and truck movements
- Prepare, maintain, and distribute weekly/monthly commodity marketing pricing reports
- Update non-risk price curves in ETRM
- Administer monthly prices for proprietary transactions, including internal transfer prices for Downstream Marketing, Lloydminster Upgrader, Lloydminster Refinery, and Upstream Production
- Calculate third party transactions and confirm with external counterparties on a monthly basis
- Gather data for Price Forecasts in addition to preparing, enhancing, and distributing Forecast Models
- Reconcile volumetric movements, fees, and recovery of trucking charges
- Manage Terminal Receipts and Reporting – Operator of Crude Oil Terminals
- To enable the above,
- Work closely with trading to understand contract pricing and resolve any price disputes with counterparties
- Work closely with Scheduling to understand volume movement between pipelines/facilities, pipelines gains/losses, 3rd party/intercompany/interbook transactions
- Work closely with Business Development to understand contracted fees (tariffs, other)

Deliverables:

The Commodity Transactions team ensures timely and accurate actualization and settlement of all commodity movements. In this role, you will manage volumetric data, shipper balances, Bill of Lading entries, fees, and related ETRM updates to support accurate invoicing, cash collection, and financial reporting. You will administer daily pricing reports, monthly proprietary and intercompany prices, non‑risk price curves, and third‑party price calculations, while also supporting price forecasti

📌 Commercial Transactions Analyst (Calgary)
🏢 Ian Martin Group
📍 Calgary