Student, Risk Analytics

Start Date:May 2027

Location:Calgary

Length of Term: 8 Months

Are you looking for an exciting internship opportunity full of meaningful, diverse, and challenging assignments working alongside industry leading professionals?

You will be part of a driven, and collaborative team completing important projects while receiving the mentorship, knowledge, and experience to develop the skills you need to build an exciting career.

Note:
The Final date to receive applications for this position is November 11, 2026.

Responsibilities may include:

• Modeling complex derivatives and hedging strategies, assessing their impact on cash flow, and evaluating Cenovus’s cash at flow risk
• Assist the team in modeling assets to capture real option features of the physical portfolio, measuring cash flow risk, valuing financial derivatives
• Some work requires research – assisting more senior team members with probability research projects will expose the student to advanced concepts in modeling

Our ideal candidate will have the following minimum qualifications:

• Legally authorized to work in Canada full-time for the duration of your work term and able to produce documentation upon application (e.g., work visa).
• Available to begin work in May 2027.
• Ability to work well in a team environment.
• Strong quantitative and analytical skills with operational knowledge and willingness to learn or grow skills with tools such as Python.
• Solid analytical and Microsoft Suite skills, specifically Excel.
• Excellent interpersonal, judgement, and decision-making skills.

We acknowledge the value of transferrable skills and may consider equivalent combinations of experience and education should you not meet a specific requirement.

• Must be enrolled in a Mathematics, Statistics, Data Science/Computer Science, Risk Management at an accredited post-secondary institution at the time of intended work term and returning to full-time studies after the work termOR registered in an accredited post-secondary co-op or internship program for the duration of the work term.
• Candidates currently enrolled in either a Masters or Ph.D. program at an accredited post-secondary institution may also be considered.

• New graduates are not eligible for student opportunities.

• A multi-discipline program with meaningful, hands-on work experience.
• Networking events coordinated by the New Grad Committee including group mentoring from senior/executive leaders, lunch ‘n learns, guest speakers, technical presentations, and holiday celebrations.
• Wide support network including direct leaders, program leads, human resource, peers, mentor(s), New Grad Committee, and buddy.
• Structured goal setting and performance evaluations.
• Opportunity to present work-term learnings to the Cenovus Leadership team.
• Students moving for their work term may be eligible to receive a lump sum relocation payment to assist with relocation expenses.
  • Candidates must have their own means of transportation as there is no public transportation in field locations.

• New graduates are not eligible for student opportunities.

• Please note that only those selected for an interview will be contacted.

• Learn more about our Student and New Grad program!

• Interested in some of our past student experiences? Read their stories here.

• New graduates are not eligible for student opportunities.

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…