Downstream Market Analyst
Downstream Market Analyst
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Job Description
We are seeking a Downstream Market Analyst to join our Global Optimizer Development Department (GOD).
The (GOD) charter is to optimize crude allocation and the operations of global manufacturing facilities in order to maximize revenue increase profitability and capture international market opportunities.
Your primary role will be to provide highest level technical professional advice and guidance regarding the outlook & pricing of refined chemical products crude and logistics interpreting market movement and the implications on the business.
Key Responsibilities:
The successful candidate you will be required to perform the following:
- Study global events and updates affecting the energy and oil & gas industry.
- Gather information and develop own forecasts based on market understandings for prices covering a rolling 34 months outlook horizon.
- Interface closely with product specialists and company traders for input.
- Assess market premium and discounts in various enclaves.
- Perform quality control to ensure market relevance of transfer prices trigger review of contracts (if needed) and inform JV offtake positions during negotiations.
- Continuously improve market relations and forward curves methodology.
- Review and provide necessary feedback to Fuels Business Management and Law department in relation to newly proposed Transfer Price contracts & agreements and/or amendments to existing agreements. Ensure fair pricing practices across all refineries for products and crude.
- Will look for ways to introduce best practices to enhance company profitability and improve performance based on extensive prior work experience in the downstream oil & gas industry specifically Trading & Sales unit Corporate Planning Market Research Department Business Development .
- Promotes innovative solutions to solve complicated problems or identify issues.
- Applies industry leading knowledge to improve performance.
Minimum Requirements:
The successful candidate must hold a Bachelor Degree in Commerce Marketing Engineering Economics Business Administration or a closely related subject.
- Postgraduate education or equivalent experience in MBA/Economics is desirable.
- Deep knowledge of data warehousing and mining.
- Between 7 years relevant professional experience (preferable in oil & gas downstream business) including 3 in field as a marketing analyst including analysis across refined product markets at global regional and country levels. Assess the impacts of product flows refinery economics and pricing on refined and chemical product markets.
- Must have excellent communication and interpersonal skills and be willing to transfer implicit knowledge to the team and work effectively in cross functional teams.
Employment Type
Full Time
