Calgary, Alberta, Canada
Onsite
About this opportunity:
Reporting to the Team Lead, Marketing Analytics, this role is responsible for short-term market analysis of Canadian and U.S. condensate markets, including supply modeling to support marketing activities and commercial decision-making. The successful candidate will bring advanced analytical and modeling expertise, with the ability to develop unique market insights and independently translate them into actionable trading ideas for execution by the condensate trading team. The Senior Analyst must be passionate about oil and condensate markets and thrive in a fast-paced, dynamic environment that is continuously evolving.
What you’ll do:
Develop and maintain short-term (<18 months) market analysis and outlooks for condensate and crude markets across the WCSB and North America
Build, enhance, and maintain proprietary supply/demand models, forward balances, pricing indicators, and inter-regional flow and arbitrage analyses
Monitor and interpret market fundamentals, infrastructure developments, and macroeconomic drivers impacting supply, demand, and pricing dynamics
Generate differentiated market insights and translate them into actionable trade ideas, optimization strategies, and risk assessments
Partner closely with trading teams to evaluate risk/reward scenarios and support execution of commercial and marketing strategies
Deliver timely, decision-focused market intelligence and ad hoc analysis to support commercial decisions, asset valuation, market entry/exit assessments, and business development opportunities
Collaborate with geographically dispersed teams and key stakeholders to maintain aligned market views and clearly communicate market drivers, risks, and commercial impacts to both technical and non-technical audiences
Drive continuous improvement of analytical tools, modeling approaches, data processes, and the team’s analytics platform and technology stack
Act as a subject matter expert by building strong cross-functional relationships and providing mentorship and guidance to other analysts while operating independently in a fast-paced environment
Who you are:
Our ideal candidate will have the following minimum requirements:
Legally authorized to work in Canada
Post-secondary degree in a quantitative discipline such as Economics, Finance, Engineering, Statistics, Computer Science, or a related field
Minimum 8+ years of experience in market fundamentals, energy analytics, or commodities trading environments
Strong knowledge of condensate and/or crude markets, including infrastructure, supply/demand fundamentals, and pricing dynamics
Advanced analytical and quantitative modeling capabilities, with strong attention to data accuracy, assumptions, and market interpretation
Proficiency with SQL and Excel, with working knowledge of Python, R, or similar tools used for data analysis, modeling, and automation
Strong commercial acumen with the ability to connect market fundamentals to trading strategies and business outcomes
Proven ability to communicate complex market insights and influence stakeholders, including senior leadership audiences
Experience operating in fast-paced, decision-driven environments supporting real-time or near-term commercial decisions
Self-motivated with the ability to manage multiple priorities independently with minimal supervision
Professional Engineering designation or equivalent technical certification is considered an asset
Note: The application deadline for this position is 11:59 PM MT June 10, 2026.
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.
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 careeropportunities@cenovus.com.
Who we are:
Ranked as one of Canada’s Best Employers in 2025, Cenovus is an integrated energy company headquartered in Calgary. We’re committed to maximizing value by developing our assets in a safe, responsible and cost-efficient manner. 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.
Find Cenovus on LinkedIn, Facebook and Instagram.
The Cenovus experience
Total rewards
We’re committed to being an employer of choice through competitive compensation and our comprehensive total rewards package, including:
Paid vacation (including a flex day program for eligible staff)
Health & dental benefits
Substantial mental health coverage
Life insurance
Disability benefits
Employee family assistance
Virtual healthcare coverage
Our development philosophy
We foster a culture of continuous learning and development to support employees as they build meaningful careers. We offer a variety of employee development initiatives, including:
Internal course offerings
Education assistance for additional development
Opportunities to work on special projects
Leadership development programs for emerging and established leaders
We actively promote internal job movement, recognizing the value of gaining new perspectives, building connections across teams, and applying expertise in new ways. As a fully integrated energy company, we believe that sharing knowledge across our business and operations creates stronger outcomes—for employees and for the company as a whole.
Our culture
Our purpose: We energize the world to make people’s lives better.
Our values:
Protect what matters
Do it right
Make it better
Do it together
Cenovus Cares: We believe in the power of purpose-driven work. Our Employee Giving and Volunteering Program, Cenovus Cares, connects our people to our purpose, inspiring action and elevating impact year-round.
Support causes you care about with volunteer opportunities in and outside of work.
Earn donation grants while volunteering (up to $1,000 per event).
Receive donation matching up to $25,000 annually.
Staff resource groups: We have various staff resource groups to help ensure our people feel a sense of belonging and can grow and do their best work. These voluntary groups are employee-led and all groups are open to all staff in all locations.
Equal opportunity employer
We believe a workplace where everyone has merit-based opportunities to grow, achieve career aspirations and feel a sense of belonging benefits our people, our company and the regions where we live and work. We embrace and encourage different perspectives and approaches, which help us make better business decisions. We believe that through this approach, we can solve challenges, seize opportunities and unlock innovative solutions.
To achieve an unbiased and respectful workplace, individuals are evaluated based on qualifications, merit and abilities, and we encourage applications from all qualified candidates. We also acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.
For more information about working at Cenovus, 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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