Start Date: May 2027

Location: Calgary

Length of Term: 8 Months

About this opportunity

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 application deadline for this position is November 11, 2026.

What you'll do

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

Who you are

Our ideal candidate will have the following minimum qualifications:

- Legally authorized to work in Canadafull-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.

Education

- 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.
- Current graduates are not eligible for student opportunities.

Student Program Benefits:

- 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.

Additional Information

- 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.

Who we are:

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.

Student Program

Through our Student Program, you'll have access to some of the best engineers, geologists and business professionals in the industry. In the office you'll work alongside these experts using cutting-edge technology, data, analytics and modelling tools to continuously improve the innovative operating techniques we use in the field. In the field, you'll be a part of providing Canada, the United States and the world with the energy we

📌 Student, Risk Analytics, Calgary
🏢 Oil Authority
📍 Calgary