Our client is a global Energy company which is head quartered in the Middle East. They are undergoing rapid growth and are now looking to enhance their Analysis Department.
Position Description for:
The Short Term Forecast & Market Analysis Group monitors current changes and dynamics affecting the oil market with the intent of informing management about market conditions. The group develops oil demand, and oil supply forecasts as well as price projections to support the Company’s Business Plan as well as Quarterly Accountability Phases. Furthermore, the team also provides analysis of trends and facilitates discussions with Executive Management on regular basis to support strategic thinking and decision making.
The crude oil senior analyst (with a focus on demand) is required to understand the interplay of the variables that affect global oil demand, and ultimately, conduct the modelling exercise for balances and prices with a focus on the next three years.
•Degree: Bachelor’s or Master’s degree in economics/finance/statistics/econometrics or an energy-related field from a leading university. Masters and/or MBA is preferable
•Work experience: Extensive experience analyzing the crude oil market and producing balances with a consultancy, a financial services firm covering the oil commodity desk, or a government agency.
•Languages: Fluency in English (oral and written) is must.
•Experience in economic and energy modelling, and forecasting.
•Effective written and oral communication skills with management as well as presentation skills. Data visualization tools such as POWER BI is a plus.
•Proficiency in Bloomberg, and strong knowledge of Excel.
•Ability to work effectively with minimum supervision and on relatively unstructured tasks. Must be able to work on time-sensitive environment and reacts quickly with requests.
•Development of global balances and price forecast: development monthly crude forecasts based on demand analysis and supply assumptions (other analyst will support supply research).
•Develop weekly dashboards and report on crude price and market dynamics: provide commentary on weekly changes in drivers of prices and developments affecting demand in key regions.
•Develop monthly report on global balances: publication focus on oil markets, containing forward-looking trends along with ideas that might affect current dynamics.
•Jointly work with refining and supply analyst to conduct monthly markets report: presentation and robust analysis to be conduct across desks.
•Respond to adhoc requests: responds to queries from executive management and other high-level organizations regarding specific balances or demand related topics with a focus on the next three years.
•Maintains dynamic pricing model with a focus on demand models at global levels by country and by product.
•Provides interpretation of own- and third-party oil forecasts in a high-quality written report.
•Represent the compancy at industry conferences and seminars. Travel is required one or two times a year.
•Fosters and support the culture and values. Team and goal oriented. Builds trust.