Downstream Market Analyst

Laborintos; Ontario; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading company in the energy sector is looking for a Downstream Market Analyst to provide expert advice on pricing and market trends. The role involves collaborating with specialists, analyzing global market movements, and improving profitability through innovative solutions. Candidates should have extensive experience in the oil & gas sector and strong communication skills.

Qualifications

• 7+ years of relevant professional experience in oil & gas downstream sector.
• 3 years as a marketing analyst analyzing refined product markets.

Responsibilities

• Develop forecasts based on market understanding for prices over a 3-4 months outlook.
• Study global events affecting the energy and oil & gas industry.

Skills

Communication

Interpersonal Skills

Education

Bachelor Degree in Commerce

MBA

Tools

Data Warehousing

Data Mining

Job description

We are seeking a Downstream Market Analyst to join our Global Optimizer Development Department (GOD).

About the Department:

The (GOD) charter is to optimize crude allocation and the operations of global manufacturing facilities to maximize revenue, increase profitability, and capture international market opportunities.

Primary Role:

Provide high-level technical, professional advice and guidance regarding the outlook & pricing of refined, chemical products, crude, and logistics. Interpret market movements and their implications on the business.

Key Responsibilities:

1. Study global events affecting the energy and oil & gas industry.
2. Develop forecasts based on market understanding for prices over a 3-4 months outlook horizon.
3. Collaborate with product specialists and traders for input.
4. Assess market premiums and discounts in various enclaves.
5. Perform quality control to ensure market relevance of transfer prices, review contracts, and inform JV offtake positions during negotiations.
6. Improve market relations and forward curves methodology.
7. Review and provide feedback on transfer price contracts and amendments, ensuring fair pricing practices across refineries.
8. Identify and implement best practices to enhance profitability and performance, leveraging extensive experience in downstream oil & gas, trading, sales, corporate planning, market research, and business development.
9. Promote innovative solutions to solve complex problems.
10. Apply industry-leading knowledge to improve performance.

Minimum Requirements:

1. Bachelor Degree in Commerce, Marketing, Engineering, Economics, Business Administration, or a related field.
2. Post-graduate education or equivalent experience (MBA/Economics) is desirable.
3. Deep knowledge of data warehousing and mining.
4. 7+ years of relevant professional experience, including 3 years as a marketing analyst in the oil & gas downstream sector, analyzing refined product markets at global, regional, and country levels.
5. Excellent communication and interpersonal skills, with the ability to transfer knowledge effectively and work in cross-functional teams.