Senior Analyst, Performance Securities & Counterparty Risk

If you are committed to public service, enjoy collaborating with others, share our values and have a desire to learn and grow, join The City of Calgary. City employees deliver the services, run the programs and operate the facilities which make a difference in our community. We support work-life balance, promote physical and psychological safety, and offer competitive wages, pensions, and benefits. Together we make Calgary a great place to make a living, a great place to make a life.

The City is committed to fostering a respectful, inclusive and equitable workplace which is representative of the community we serve. We welcome those who have demonstrated a commitment to upholding the values of equity, diversity, inclusion, anti-racism and reconciliation. Applications are encouraged from members of groups that are historically disadvantaged and underrepresented. Accommodations are available during the hiring process, upon request.

In this position, you will provide specialized analytical expertise and oversight in support of The City's enterprise performance securities and counterparty risk programs. You will monitor financial risk mitigation instruments and counterparty exposures, assess emerging risks, develop dashboards and management reporting, and collaborate with internal and external partners to provide informed advice that supports effective governance and sound, risk-informed decision-making. Primary duties include:

• Maintain the enterprise inventory of performance securities, including letters of credit, surety bonds, cash securities, guarantees, and other approved financial assurance instruments.
• Assess security sufficiency against contractual obligations and identified risk exposures and coordinate corrective actions for deficiencies or non-compliance.
• Coordinate with business units, financial institutions, surety providers, Supply Management, and Law on security requirements, renewals, amendments, and releases.
• Conduct ongoing monitoring of approved counterparties and financial institutions in accordance with the Enterprise Counterparty Risk Framework.
• Identify changes in counterparty condition, emerging risk indicators, concentration concerns, missing information, and exposures requiring further assessment or escalation.
• Develop and maintain enterprise dashboards, exposure reports, performance security reporting, risk summaries, trend analyses, exception reports, and management information.
• Consolidate information from business units, financial institutions, security records, counterparty assessments, and other approved sources to provide an enterprise view of third-party financial risk exposures.
• Provide specialized advice to business units regarding established performance security requirements, counterparty assessment processes, documentation expectations, monitoring requirements, and financial risk mitigation practices.
• Support resolution of complex documentation, security sufficiency, exposure reporting, and counterparty monitoring issues.
• Support implementation and ongoing administration of the Enterprise Counterparty Risk Framework and enterprise performance securities program.

Qualifications

• A degree in Finance, Accounting, Commerce, Economics, Business Administration, Risk Management, or a related field.
• At least 6 years of progressively responsible experience in financial analysis, treasury, risk management, performance securities administration, counterparty risk management, or a related discipline.
• Experience administering or assessing financial risk mitigation instruments, including performance securities such as letters of credit, surety bonds, guarantees, cash securities, or similar instruments, is required.
• Excellent communication, collaboration, problem-solving, and organizational skills are essential for success in this role.
  

Pre-employment Requirements

• A security clearance will be conducted.

Successful applicants must provide proof of qualifications.

Workstyle

• This position may be eligible to work from home for at least part of the time as one of several flexible work options available to City employees. These arrangements depend on the operational requirements of the role, employee suitability, and are subject to change based on operational needs and corporate direction.

Position and Pay Information

• Business Unit: Finance
• Union: CUPE Local 38
• Position Type: 1 Temporary (up to 18 months)
• Compensation: Pay Grade 11 $46.21 - 61.78 per hour
• Hours of work: Standard 35-hour work week.
• Days of work: This position works a 5-day work week with 1 day off in a 3-week cycle.
• Location: 800 Macleod Trail SE
• Audience: Internal/External
• Apply By: November 16, 2026
• Job ID: 315534