Senior Commercial Contracts Advisor

About this opportunity:

The Senior Commercial Contracts Advisor enables Cenovus’s commercial strategies by independently managing the end-to-end lifecycle of standard and non-standard commodity agreements with external counterparties, ensuring accuracy, compliance, and proper documentation. Key deliverables include negotiating and executing commodity agreements across a range of products, as well as maintaining complete and accurate contract records. The successful candidate is highly detail-oriented, communicates clearly and effectively both verbally and in writing, works independently in a fast-paced environment with competing priorities, and demonstrates sound judgment through thoughtful questioning and thorough analysis to achieve well-supported outcomes.

This position is located in Calgary, AB

What you’ll do:

• Manages the execution, administration, and retention of a diverse portfolio of commodity contracts, including crude oil, natural gas, NGLs, refined products, carbon credits, guarantees, and confidentiality agreements across multiple transportation modes.

• Partners with Front Office and cross-functional support teams (Credit, Legal, Tax, Accounting, Insurance, Customs, and Risk Compliance) to draft, negotiate, review, and amend commodity purchase and sale agreements.

• Acts as a primary representative for Cenovus in engagements with marketing and trading counterparties, leading negotiations and resolving contractual matters.

• Applies subject matter expertise and sound judgment to identify trends and business needs, contributing to the development, standardization, and continuous improvement of contract precedents and practices.

• Maintains strong awareness of industry trends, market practices, and regulatory considerations impacting commodity marketing agreements.

• Serves as a key business user for Enterprise Trading and Risk Management (ETRM) systems, supporting contract execution, system enhancements, and process improvements (Allegro, RightAngle, Egistix).

Who you are:

Our ideal candidate will have the following minimum requirements:

• Legally authorized to work in Canada

• Bachelor’s degree in business or a related discipline.

• Minimum of 8+ years of experience negotiating commodity purchase and sale contracts.

• Proven experience drafting, reviewing, negotiating, executing, and administering both standard and non-standard commodity agreements.

• Strong knowledge of commodity marketing agreements, including crude oil, natural gas, NGLs, refined products, carbon credits, guarantees, and confidentiality agreements.

• Demonstrated ability to manage a diverse portfolio of contracts across multiple commodities and transportation modes.

• Experience partnering with cross-functional internal stakeholders, including Front Office, Legal, Credit, Tax, Accounting, Insurance, Customs, and Risk & Compliance.

• Experience engaging directly with external counterparties and resolving complex contractual matters through effective negotiation and sound judgment.

• Working knowledge of Incoterms and their application within commodity transactions.

• Understanding of industry trends, market practices, and regulatory considerations relevant to commodity marketing.

• Advanced working knowledge of Enterprise Trading and Risk Management (ETRM) systems, including Allegro, RightAngle, and Egistix.

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 March 5th 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.