Risk Reporting & Contracts Intern

Plains All American•Calgary, AB

18h

About The Position

At Plains, students are vital members of our team, driving our business forward with their fresh perspectives and innovative ideas. From day one, you’ll feel empowered to ask questions and truly be part of our collaborative culture. We offer students the chance to build professional networks by working alongside skilled professionals, mentors, and fellow students. Our student programs provide hands-on experience within the oil and gas midstream sector and opportunities for students to take on higher level projects depending on their skills and career interests.

Requirements

Enrolled in a bachelor’s degree program in business, finance, economics, or Risk Management
Ability to juggle multiple priorities and meet deadlines in fast-paced environment
Highly motivated with strong financial, analytical, organizational, communication, and interpersonal skills
Goal oriented and able to contribute as a team player
Strong attention to detail and organizational skills
Proficiency with MS Office including Excel, Word, PowerPoint, SharePoint, and Outlook
Cleared criminal history (background), education, and satisfactory reference checks

Responsibilities

Facilitate and maintain all commercial contracts within the Energy Trading and Risk Management (ETRM) system (Right Angle), ensuring accurate setup and oversight for a wide range of commodity and trade types, including NGLs (Propane, Butane), Crude, and Lease Supply.
Oversee the end-to-end contract lifecycle, including data entry, document generation, execution (printing, signing, and distribution), and system updates to reflect real-time status changes, key milestones, and follow-up actions — ensuring full auditability and compliance throughout.
Understand how to capture complex trader requests within the limitations of the system and changing business environments.
Reconciling, reporting and managing FCM accounts and OTC counterparties.
Monitoring adherence to energy risk management policies/procedures, metrics, and limits to identify errors and exceptions, while ensuring compliance and identifying improvement opportunities.
Monitoring overall position limits, volumes, pricing, and approvals.
Preparing and communicating daily, weekly, and monthly risk reporting for management.
Develop an understanding of the Canadian crude oil industry, including Plains’ role within the overall industry value chain.
Build foundational knowledge of risk management concepts, including commodity exposure and mark-to-market valuation.
Gain exposure to crude oil trading structures, including both physical transactions and financial derivative instruments.