Principal, Origination – Downstream Commercial

About this opportunity:

Cenovus is seeking aPrincipal Origination Downstream Commercialfor ourHouston Texas or Dublin Ohiooffice. This senior role will drive the development and execution of commercial strategies that strengthen Cenovuss integrated value chain and expand its commercial reach across North America. The Principal will originate structure and advance high-value critical initiatives demonstrating a strong industry network and commercial competence to create long-term value. This prominent role involves collaborating across trading refining optimization logistics and business development to improve enterprise value.

What youll do:

• Identify develop and lead sophisticated commercial origination efforts supporting the refining and marketing segments including crude supply optimization refined product offtake storage and trading arrangements.
• Identify and evaluate strategic ownership partnership or investment opportunities in key midstream logistics assetsincluding terminals pipelines and storage infrastructureto enhance market access improve supply optionality and strengthen downstream integration.
• Develop and maintain a forward-looking pipeline of pivotal initiatives that align with corporate growth and capital allocation priorities.
• Establish and nurture senior-level relationships with counterparties joint venture partners logistics providers and key customers.
• Structure partnership and commercial frameworks that align interests create mutual value and support Cenovuss integrated downstream strategy.
• Work across the value chain to connect crude supply refining and market access strategiesunlocking alignments and enabling flexible high-margin pathways to market.
• Partner with refining operations business development corporate strategy planning trading marketing logistics legal and finance to evaluate and advance origination initiatives.
• Oversee economic evaluation due diligence and governance processes for partnership opportunities.

Who you are:

• Legally authorized to work in the US
• Bachelors degree in Engineering; MBA or masters degree preferred.
• 20 years of progressive experience in downstream or integrated energy markets including roles in strategy origination or business development within a major or midstream/trading organization.
• Demonstrated success developing and executing strategic partnerships joint ventures or market access initiatives that drive enterprise value.
• Deep understanding of refined product markets logistics networks and value chain integration
• Proven ability to operate effectively in a complex cross-functional and fast-paced environment.

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 NOVEMBER 11TH 2025.

Cenovus was ranked one of Canadas Best Employers in 2025. Were 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.

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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 .

Who we are:

Cenovus is an integrated energy company headquartered in Calgary. Were 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 downstream operations include upgrading refining and marketing operations in Canada and the United States. We are currently the largest refiner in Ohio and transport products from our refineries in Lima and Toledo Ohio and Superior Wisconsin via pipelines rail cars and trucks to customers throughout the United States.

Other 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.

Find Cenovus on LinkedIn Facebook and Instagram.

The Cenovus experience

Total rewards

Were committed to being an employer of choice through competitive compensation and our comprehensive total rewards package including:

• Generous paid vacation

• Annual bonus

• Retirement savings plan matching

• Long-term incentives

• Medical & dental coverage

• Life insurance

• Disability benefits

• Employee assistance program

• Virtual healthcare coverage

• Generous leave of absence programs

• Fitness membership reimbursement

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 outcomesfor employees and for the company as a whole.

Our culture

• Our purpose: We energize the world to make peoples 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 $1000 per event).

  • Receive donation matching up to $25000 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 .

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.