Sr. Commercial Asset Manager, Canada East

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

Permanent Full-Time Position | GTA, ON (Hybrid)

Are you energized by the opportunity to shape the commercial performance of a growing power portfolio and contribute to Capital Power's net zero ambitions?

We are seeking a strategic, commercially savvy Senior Commercial Asset Manager to join our Commercial Management team. Reporting to the Vice President, Commercial (Canada East), you will play a critical role in maximizing the value of our generation assets by identifying and executing opportunities, managing commercial risk, and developing strategies that enhance long-term performance.

As the commercial lead for assigned assets, you will be responsible for protecting and optimizing asset value through proactive risk management, commercial negotiations, stakeholder engagement, and strategic planning. You will partner closely with Operations, Trading, Regulatory, Finance, Legal, Environmental, and Business Development teams to drive commercial outcomes and support the success of Capital Power's broader portfolio.

This is an exciting opportunity to influence key business decisions, lead complex negotiations, manage strategic relationships, and contribute directly to the performance and growth of our fleet.

You will contribute to our team by

• Leading and coordinating internal subject matter expert teams for the commercial management and optimization of value for the assigned asset and the generation fleet.
• Steering interaction with appropriate subject matter experts (operations, legal, credit, regulatory, finance, environmental, external suppliers, off-takers, and regulators) on commercial activities that generate revenue, reduce cost, or reduce and/or mitigate risks and/or provide opportunities for improving value.
• Conducting the negotiation of commercial contracts with external third parties for supply of key facility inputs and sale of products and services – e.g. PPAs, , long-term service agreements.
• Independently coordinating and retaining relationships with external stakeholders and partners, working in consultation with internal stakeholders.
• Identifying and analyzing a variety of opportunities with respect to the current or future commercial management and operation of the asset(s), including monitoring and assessing the external environment for trends, threats, or opportunities, including developing action strategies by leading and coordinating activities with internal stakeholders to address, optimize, and mitigate such trends, threats and / or opportunities.
• Providing commercial support to facility managers on operating and capital investment issues to preserve or improve the value of the facility.
• Making recommendations and leading efforts to resolve and handle issues or disputes with counterparties and partners by serving as a primary contact on such issues to resolve disputes.
• Leading and/or reporting on opportunities, challenges and/or issues at regular stakeholder meetings.
• Proactively handling and ensuring compliance with all related commercial agreements.
• Leading to completion ad-hoc special projects or initiatives for specific assets, or common initiatives across all assets, as applicable.
• Managing commercial reporting and commercial management functions with asset partners.
• Participating in the evaluation of new assets/opportunities identified by Business Development for acquisition or greenfield/brownfield development.

What you will bring to the role

Education:

• Degree in engineering, business, economics, or related field.
• Master’s or working toward master’s an asset.
• A professional designation is considered an asset.

Experience:

• 7-10 years of experience in an operational, commercial, engineering, business development, or financial and analytical roles; preferably in the deregulated electricity industry or other related industry.
• 5+ years of experience in P&L including variance reporting. Reasonable understanding of accounting and transaction flows through the financials.
• Knowledge/experience with respect to power markets, power generation, power marketing, regulatory, commodities and related agreements, transmission/transport and related agreements and power purchase agreements is preferred.
• Specific experience with the Ontario IESO administered market would be an asset

Technical & Other Skills:

• Deep understanding and experience in power markets, electricity generating plants, and plant operations
• Experience working with complex legal agreements or contracts.
• Commercial management or negotiating experience.
• Reasonable levels of financial analysis skills, familiarity with financial statements, budgets, forecasting and development of asset earnings profiles.
• Proficient in contract review and negotiations.
• Project management experience and ability to interface with all levels of the organization.
• Ability for travel in Eastern Canada to plant sites
• Excellent verbal and written communication skills.
• Takes initiative, ability to deal with ambiguity and conflict and ability to exercise influence.
• Attention to detail and accuracy.
• Capable of making sound decisions of an independent nature.
• Provide recommendations to Senior Management to resolve issues in a proactive manner that benefits the interests of Capital Power.

Working Conditions:

• Location: GTA, ON (Brampton ON alternatively)
• Position allows for hybrid work schedule
• Periodic travel to locations across Ontario will be required.

Additional Details

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting [email protected].

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.