Downstream Market Analyst

<p><b>Aramco energizes the world economy. </b><br />
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Aramco occupies a unique position in the global energy industry. We are the world&
39;s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.<br />
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With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco&
39;s value to society.<br />
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Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations&
39; spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom&
39;s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.<br />
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We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.<br />
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<b>Overview</b><br />
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We are seeking a Downstream Market Analyst to join our Global Optimizer Development Department (GOD).<br />
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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.<br />
Your primary role will be to provide highest level technical, professional advice and guidance regarding the outlook &amp; pricing of refined, chemical products, crude and logistics, interpreting market movement and the implications on the business.<br />
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<b>Key Responsibilities</b><br />
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The successful candidate you will be required to perform the following:</p>

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<ul>
<li>Study global events and updates affecting the energy and oil &amp; gas industry.</li>
<li>Gather information and develop own forecasts based on market understandings for prices covering a rolling 3-4 months outlook horizon.</li>
<li>Interface closely with product specialists and Aramco Trading Company ATC traders for input.</li>
<li>Assess market premium and discounts in various enclaves.</li>
<li>Perform quality control to ensure market relevance of transfer prices, trigger review of contracts (if needed) and inform JV offtake positions during negotiations.</li>
<li>Continuously improve market relations and forward curves methodology.</li>
<li>Review and provide necessary feedback to Fuels Business Management and Law department in relation to newly proposed Transfer Price contracts &amp; agreements and/or amendments to existing agreements. Ensure fair pricing practices across all refineries for products and crude.</li>
<li>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 &amp; gas industry specifically Trading &amp; Sales unit, Corporate Planning, Market Research Department, Business Development .</li>
<li>Promotes innovative solutions to solve complicated problems or identify issues.</li>
<li>Applies industry leading knowledge to improve performance.</li>
</ul>

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<b>Minimum Requirements</b><br />
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The successful candidate must hold a Bachelor Degree in Commerce, Marketing, Engineering, Economics, Business Administration, or a closely related subject.</p>
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<ul>
<li>Post-graduate education or equivalent experience in MBA/Economics is desirable.</li>
<li>Deep knowledge of data warehousing and mining.</li>
<li>Between 7+ years relevant professional experience (preferable in oil &amp; 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.</li>
<li>Must have excellent communication and interpersonal skills and be willing to transfer implicit knowledge to the team and work effectively in cross functional teams.</li>
</ul>

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<b>Working environment </b><br />
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Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.<br />
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At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world&
39;s biggest technical, logistical and environmental challenges, we invest heavily in talent development.<br />
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We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.</p>
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