Senior Settlement & Credit Analyst

The Alberta Electric System Operator (AESO) is responsible for the safe, reliable, and economic planning and operation of the Alberta Interconnected Electric System. We provide open and non-discriminatory access to Alberta’s interconnected power grid and also facilitate Alberta’s competitive wholesale electricity market. The AESO strives to foster an inclusive, diverse and equitable workplace where people feel respected and welcomed for who they are, together we deliver high performance and innovative results.

Job Description

If you are a current AESO employee or contractor, please view openings and apply through our internal site at Workday.

We are looking for a Senior Settlement & Credit Analyst to join our Finance division. Reporting to the Director, Settlement, Credit & Business Planning, you will act as a subject matter expert for settlement production and system requirements for the redesigned energy market. You will also contribute to transmission tariff production and credit requirements assessments, as needed.

This full-time opportunity offers a competitive salary, and a variable pay program. We also have paid vacation and flex time, health and dental benefits, mental health support, a defined contribution pension plan, and learning and development opportunities as part of your overall compensation package. We support a hybrid work environment, where the team is in the office on Tuesdays, Wednesdays, and Thursdays. Mondays and Fridays are flexible for where you work best.

You will enjoy working with us if:

• You value flexibility to support life and personal needs. We offer a flexible work practice where some weeks may require more onsite presence during key business or operations events.

• You enjoy working in a team of bright professionals, and work and learn in a diverse atmosphere - our team and colleagues have varied backgrounds, experiences, and perspectives.

• You thrive in a dynamic environment and seek opportunities for transformative change. 

• You leverage your strong communication skills to collaborate with internal and external stakeholders.

• You are comfortable leading work independently with minimal supervision.

Accountabilities include but are not limited to:

• Contribute to the Restructured Energy Market (REM) implementation for settlement by developing settlement system requirements and testing for the REM and other settlement tools.

• Work with other business units towards system upgrades and other new system builds.

• Collaborate on the ISO Rule change process for settlement. 

• Settlement and billing of the Energy Market and Renewable Electricity Program (REP) in Alberta by ensuring the completeness of meter read data, the accuracy of settlement results; provide accurate billing to market participants and resolve participant issues.

• Contribute to the transmission tariff settlement, as needed ensuring all aspects of settlement, billing and participant support.

• Perform compliance activities for Ancillary Service Procurement, as required.

• Develop and deliver settlement and credit education to internal and external stakeholders.

• Participate in working committee meetings.

• Contract review and approval for settlement.

• Reporting as required (weekly, monthly, quarterly).

• Provide information/data and input to regulatory for tariff design, etc.

• Contribute to the credit function, as needed. Includes continual monitoring, analysis and reporting of market participant trading levels, interconnection charges, pool price forecasts, and forecast financial exposure.

• Contribute to communications to improve market participant understanding of the AESO credit policy, to assist participants with the assessment of their wholesale trading activities on credit and to facilitate the negotiation of financial security instruments.

• Review and approve contracts and agreements to ensure that the AESO does not take on any unnecessary financial risk.

• Develop and implement new methodology and processes to allow market participants to optimize their security provided to the AESO.

What you’ll bring to us:

• Bachelor’s degree, or equivalent (e.g. Economics, Accounting, Engineering, Business, Commerce, Finance).

• Completion of a Professional Designation (e.g. CPA, CFA, etc.) would be considered an asset.

• Minimum 10 years of experience with business analysis, preferably in a financial environment.

• Strong modeling and reporting experience, using excel and word.

• Finance and or credit experience would be considered an asset.

• Knowledge of Alberta’s energy market structure, regulations, standards, practices and Alberta's Restructured Energy Market (REM).  

Application deadline: April 1, 2026

#LI-Hybrid

If you are contacted for a pre-screening and/or interview, please advise of any accommodation measures required to enable you to fully participate. Information received relating to accommodation measures will be addressed confidentially.

The Alberta Electric System Operator is unable to accept unsolicited agency resumes.

The Alberta Electric System Operator, and its members, officers, employees and agents (collectively, the "AESO") is committed to protecting personal information provided to it. When you submit your personal information to the AESO for the purpose of pursuing employment with the AESO, the collection, use and disclosure of personal information is in accordance with the provisions of the Protection of Privacy Act (POPA) of Alberta.

As noted, the AESO is mandated to maintain the safe and reliable operations of the provincial power grid. As part of meeting its obligations, the AESO may require the successful candidate to undergo a criminal background check for the position. This collection of personal information for the purposes of a check will be conducted in accordance with Section 4 of POPA.