About this opportunity:
Reporting to the Manager of Centralized Pricing, the Market Risk Analyst is accountable for ensuring commodity price data accuracy and governance, end-to-end: vendor data, to aggregation method, to ETRM application. Additionally, the Market Risk Analyst is responsible for supporting trading operations for the end of day process and PnL risk reporting. This position plays a key role in the overall control framework and functions of Middle Office (Market Risk) and the multiple commodities that define Cenovus business activities.
The successful candidate possesses a demonstrated willingness to learn, supported by advanced analytical skills, and the ability to collaborate cross-functionally while working in a fast-paced and dynamic environment.
What you’ll do:
End-to-end delivery of commodity pricing from data provider to aggregation point, and to consuming application (ETRM)
Accountable for working closely with Front, Middle and Back Office staff to ensure accurate commodity pricing for mark-to-market and exposure reports
Responsible for adding commodity prices curves and associated referential data for new business activities
Advance the use and adoption of open source (R/Python) and data visualization tools, data management, reporting, and analytics
Deliver multi-commodity independent price verification on internal and external market data and create concise explanatory visuals
Streamline the commodity price reporting portfolio by validating required pricing across Downstream and Finance organizations and consolidate reporting into a visualized format
Who you are:
Our ideal candidate will have the following minimum requirements:
Legally authorized to work in Canada
Bachelors degree in a numeric field (Statistics, Mathematics, Finance, Economics/Econometrics, Computer Science, Geophysics, Engineering)
Minimum 2 years of analytical experience in a role supporting Market Risk, Commodity Trading or Middle Office
Prior knowledge and use of Commodity Pricing Repository (MarketView) is an asset
Strong quantitative and analytical skills with operational knowledge in analytical or visualization tools such as R, Python, VBA, and Power Bi.
Developing proficiency with ETRM and applications.
We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.
Note: The application deadline for this position is 11:59 PM MT May 21, 2025.
Internal candidates that are currently in a lower grade will be assessed based on their sustained job performance, how they demonstrate the expected organizational competency behaviors and values and in discussions with their current leader prior to determining next steps.
Cenovus was ranked one of Canada’s Best Employers in 2025. We’re committed to being an employer of choice in our industry by offering a competitive total rewards package and employee programs and rewarding career development opportunities. Learn more.
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If you require accessibility assistance to complete the on-line application or otherwise apply for an open position with Cenovus, its subsidiaries and affiliates, please email [email protected]
Who we are:
We’re an integrated energy company headquartered in Calgary with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. We’re committed to maximizing value by sustainably developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans.
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At Cenovus, we embrace diversity of thought, experience and backgrounds to help us make better business decisions, address our challenges, seize opportunities and unlock innovative solutions. We’re committed to building a diverse, equitable and inclusive workplace where people feel respected, valued and engaged. We strive for a collaborative, physically and psychologically safe environment where you can be yourself, feel a sense of belonging and thrive. For more information, including details on our inclusion and diversity targets and networks, visit Cenovus.com.
The requirements of this posting may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.
Interested in this opportunity? Click the Apply link.
If you are a CURRENT EMPLOYEE please apply by going to our Internal Career Site
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What We Do
Cenovus Energy Inc. is an integrated energy company headquartered in Calgary. We are committed to responsibly developing our assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into our business plans. We operate in Canada, the United States and the Asia Pacific region. Our operations include oil sands projects in northern Alberta, thermal and conventional crude oil and natural gas projects across Western Canada, crude oil production offshore Newfoundland and Labrador and natural gas and liquids production offshore China and Indonesia. Cenovus’s downstream operations include upgrading, refining and marketing operations in Canada and the United States. Our shares trade under the symbol CVE and are listed on the Toronto and New York stock exchanges. For more information, visit our website. 𝘈𝘵 𝘊𝘦𝘯𝘰𝘷𝘶𝘴, 𝘸𝘦 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥 𝘵𝘩𝘢𝘵 𝘵𝘩𝘦 𝘭𝘢𝘸𝘴 𝘢𝘯𝘥 𝘱𝘰𝘭𝘪𝘤𝘪𝘦𝘴 𝘵𝘩𝘢𝘵 𝘢𝘱𝘱𝘭𝘺 𝘵𝘰 𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺 𝘢𝘳𝘦 𝘤𝘰𝘯𝘴𝘵𝘢𝘯𝘵𝘭𝘺 𝘦𝘷𝘰𝘭𝘷𝘪𝘯𝘨 𝘢𝘯𝘥 𝘮𝘢𝘺 𝘪𝘮𝘱𝘢𝘤𝘵 𝘵𝘩𝘦 𝘸𝘢𝘺 𝘪𝘯 𝘸𝘩𝘪𝘤𝘩 𝘸𝘦 𝘤𝘰𝘯𝘥𝘶𝘤𝘵 𝘰𝘶𝘳 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴, 𝘰𝘱𝘦𝘳𝘢𝘵𝘦 𝘰𝘶𝘳 𝘴𝘪𝘵𝘦𝘴 𝘰𝘳 𝘴𝘦𝘵 𝘰𝘶𝘳 𝘨𝘰𝘢𝘭𝘴 𝘢𝘯𝘥 𝘵𝘢𝘳𝘨𝘦𝘵𝘴. 𝘈𝘴 𝘴𝘶𝘤𝘩, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘣𝘦 𝘢𝘥𝘷𝘪𝘴𝘦𝘥 𝘵𝘩𝘢𝘵 𝘩𝘪𝘴𝘵𝘰𝘳𝘪𝘤𝘢𝘭 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘰𝘯 𝘵𝘩𝘪𝘴 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘮𝘢𝘺 𝘯𝘰𝘵 𝘣𝘦 𝘳𝘦𝘧𝘭𝘦𝘤𝘵𝘪𝘷𝘦 𝘰𝘧 𝘰𝘶𝘳 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘷𝘪𝘦𝘸𝘴 𝘰𝘳 𝘱𝘳𝘢𝘤𝘵𝘪𝘤𝘦𝘴 (𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘨𝘰𝘢𝘭𝘴 𝘢𝘯𝘥 𝘵𝘢𝘳𝘨𝘦𝘵𝘴)
