Senior Credit Analyst
Cenovus Energy Inc.

Worker Type: Employee

Group: Credit Department

Job Post End Date: 01/31/2023

About this opportunity:

Reporting to the Sr Manager, Credit & Counterparty Risk, the Sr Credit Analyst is responsible for credit adjudication and receivable/exposure management for the U.S. Refined Products segment managed from Columbus, OH. The successful candidate will lead this segment's credit risk by proactively monitoring exposure, participating in deal structuring and mitigation strategies, negotiating collateral and credit language within contracts, and participating in the receivable collection, dispute management and cash application process. The Sr Credit Analyst is also responsible for mentoring and guiding other analysts based on experience and must have strong communication skills, capable of building strong relationships with the internal functions and external counterparties.

This is a full-time position located at our Dublin, Ohio office.

About Cenovus:

We're a Canadian-based integrated energy company headquartered in Calgary. 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.

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 as well as the New York stock exchanges.

For more information, visit cenovus.com .
Find Cenovus on Facebook , Twitter , LinkedIn , YouTube and Instagram .

Why we work at Cenovus:

• Safety as a core value
• Competitive compensation
• Employer paid benefits: health, dental, vision, 401(k) & more
• Volunteering opportunities
• Community Investment activities
• Inclusive work environment
• Career progression/internal mobility opportunities
• Company/team building events

Responsibilities:

• Identify key risks performing analysis of financial statements and related information to approve and recommend credit ratings and limits within the U.S. Refined Product segment
• Identify, recommend, and negotiate financial assurances from counterparties to mitigate credit risks
• Monitor compliance to approved credit limits by identifying and reporting credit policy deviations including over-limit situations and take required actions to address over-limit situations through daily breach reporting
• Build strong working relationships with key stakeholders including but not limited to Accounting, Marketing, Logistics, Legal and with External Counterparties
• Assist in negotiations of the credit-related aspects within Refined Product and associated Collateral Agreements
• Work with other internal support groups to complete items such as Know Your Counterparty screening & onboarding, systems and master data setup, cash application, collections, dispute management, reporting of credit exposures and accounts receivable ageing
• Oversee, train and provide guidance to other team members based on experience levels
• Proactively monitor credit exposure and ensure key risks are captured and mitigated in accordance with Cenovus's risk tolerance and appetite
• Monitor accounts receivables balances and participate in the collection process to ensure accounts are current and working capital is optimized

Qualifications :

• Legal authorization to work in the United States
• Bachelor of Business with Finance major or equivalent would be an asset
• Minimum 8 years of relevant credit experience, preferably in the energy industry and/or banking
• Ability to develop strong internal and external business relationships
• Demonstrates financial acumen, with ability to adjudicate credit risk and understand market dynamics and impacts on the U.S. Refined Product Segment.
• Communicates clearly in a respectful and timely manner
• Adaptable to changes or setbacks
• Ability to make independent risk-based decisions

Cenovus Energy is an affirmative action employer, and we are committed to providing equal employment opportunities to qualified applicants without regard to age, disability, genetic information, gender, gender identity, sexual orientation, race, color, religion, veteran status, national origin, or personal or physical characteristics protected by law.

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 define diversity as the variety of people, including all of the unique attributes of our staff, and the variety of ideas within our organization. Building an inclusive workplace by drawing on the skills and talents of a diverse workforce provides Cenovus with a competitive advantage. We believe it's important to maximize the potential of everyone who works for our company and ensure all people feel respected, appreciated, and heard. We define inclusion as 'diversity in action,' creating an environment of involvement, respect and connection for all employees, where various ideas, backgrounds and perspectives are harnessed to create business value.

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 .

Note: The application deadline for this position is 11:59 PM MT January 30, 2023.

This posting represents the desired scope, accountabilities, skills and experience requirements of the job. These requirements may be modified to support business needs. Title and compensation administration will be based on the skills and capabilities of the successful incumbent.
Notification

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If you are a CURRENT EMPLOYEE please apply by going to our Internal Career Site

This job has expired.