Cenovus Energy Inc.
Location
Calgary, AB | Canada
Job description
Worker Type: EmployeeGroup: Credit DepartmentJob Post End Date: 03/02/2024
About this opportunity:
The Credit Analyst is responsible for credit adjudication and risk management of the Asphalt & Industrial Products segment and support for other segments. This position will be responsible for proactive underwriting, monitoring credit risk exposure, negotiating contracts, collateral and credit terms within the Asphalt & Industrial Product. The analyst is also responsible for maintaining strong relationships across those in the primary segment and with external counterparties. The Credit Analyst will work alongside other Analysts covering various segments and has the opportunity to develop and cross-train with others.
What you’ll do:
Perform credit assessments through proactive analysis of financial statements and related information to identify risks and recommend credit limits with the company’s credit policies.
Identify, recommend, and obtain collateral from counterparties to mitigate credit risks.
Monitor compliance to approved credit limits by identifying and reporting credit policy deviations including over-limit situations and taking appropriate actions to address over-limit situations.
Build strong working relationships with key stakeholders including but not limited to Marketing, Logistics, Accounting, Supply Billing, Legal and External Counterparties.
Monitor and report on credit exposure and collection KPI’s, working with Collections and others to improve working capital and reduce or mitigate risk.
Negotiate the credit-related aspects within Asphalt & Industrial Product contracts and collateral.
Link with other internal groups to support processes such as Know Your Counterparty screening, master data, invoicing and dispute management, cash application and collections.
Who you are:
Two to five years of progressive experience in credit risk evaluation or commercial lending.
Familiarity with commodity contracts, collateral and mitigation instruments.
Strong financial analysis skills, organizational, prioritization and change management skills
A minimum of intermediate proficiency in Excel and Word.
Working knowledge of SAP an asset.
Note: The application deadline for this position is 11:59 PM MT March 1, 2024.
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 ***************@cenovus.com.
Internal candidates that are currently in a lower grade will be assessed based on their sustained job performance, how they demonstrate the expected organizational competency behaviors and values and in discussions with their current leader prior to determining next steps.
Who we are:
We’re an integrated energy company headquartered in Calgary with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. 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've been named a Top Alberta Employer for 2024, a designation recognizing organizations leading their industries in offering exceptional places to work.
Find Cenovus on Facebook, X, LinkedIn, YouTube and Instagram.
For more information, please visit cenovus.com.
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’re committed to building a diverse, equitable and inclusive workplace where people feel respected, valued and engaged. We strive for a collaborative, physically and psychologically safe environment where you can be yourself, feel a sense of belonging and thrive. For more information, including details on our inclusion and diversity targets and networks, 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.
Notification
To be considered for a position, please click Apply and create an account or sign in to your Cenovus Careers profile.
Immediately following successful submission of your online application, you will receive an online notification confirming Cenovus's receipt of your resume.
Only those applicants who apply directly to a posted position and are selected for an interview will be contacted. We will not accept agency or third-party candidate submissions.
To follow the status of your application, log in to your Cenovus Careers profile and click on the appropriate job under ‘My Applications’.
Interested in this opportunity? Click the Apply link.
If you are a CURRENT EMPLOYEE please apply by going to our Internal Career Site
Job tags
Salary
