Confirmations & Counterparty Management Analyst

About this opportunity:

The Risk & Insurance department is seeking a Confirmations & Counterparty Management Analyst. Reporting to the Manager, Confirmations & Counterparty Management, this position is responsible for managing commodity trade confirmations, counterparty set-up and maintaining system/master data across commodities such as crude oil, natural gas, NGLs and asphalt. This role supports segregated trade confirmation duties critical to Downstream commercial activities and involves regular collaboration with teams including Trading/Marketing, Contracts, Legal, Credit, Accounting, Treasury, Vendor Services and Risk Compliance.

The successful candidate will deliver exceptional customer service to internal/external counterparties and stakeholders, while also supporting the ongoing improvement and enhancement of operational processes and controls.

What you’ll do:

• Manage daily commodity trade confirmations using a variety of energy trading and risk management systems (ETRM) platforms.

• Ensure trade confirmations align with commercial contracts, are recorded in the system and approved by the appropriate signing authority level (as required).

• Distribute finalized trade confirmations to third parties; review incoming documentation for discrepancies; follow-up with traders, counterparties and brokers as required.

• Maintain confirmation records and support document management in compliance with corporate policies, internal controls and management system processes.

• Conduct initial and ongoing Know Your Customer (KYC) screening, manage customer set-up and ensure trading and ERP systems are updated with accurate counterparty data.

• Coordinate with Vendor Services to request Vendor set-ups in electronic payment system (SAP).

• Conduct timely trade confirmation reviews in alignment with Market Risk policies/standards, support internal/external audits and report potential incidents or breaches as required.

• Maintain current business process documentation, including workflows, narratives and desk procedures.

Who you are:

Our ideal candidate will have the following minimum requirements:

• Legally authorized to work in Canada.

• Post-Secondary education in either business, finance or legal is required

• Minimum of 2 years’ experience providing support to commodity trading or marketing teams.

• A solid understanding of trade confirmation processes is considered an asset.

• Working knowledge of ETRM platforms (e.g. Egistix, OMS, Allegro, RightAngle), SAP, Content Serve, Sharepoint, data analytics, Power Apps and Forms is considered an asset.

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 January 16, 2026.

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:

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.