Strategy & Market Specialist – Asian Crude Oil
Job Description
<p><strong>This role required candidate to permanently relocate at Dhahran, Saudi Arabia.</strong></p> <p><strong>About the Company<br></strong><br><br><br>This company engages in the exploration, production, transportation, and sale of crude oil and natural gas. It operates through the following segments: Upstream, Downstream, and Corporate. The Upstream segment includes crude oil, natural gas and natural gas liquids exploration, field development, and production. The Downstream segment focuses on refining, logistics, power generation, and the marketing of crude oil, petroleum and petrochemical products, and related services to international and domestic customers. The Corporate segment offers supporting services including human resources, finance, and information technology. The company was founded on May 29, 1933 and is headquartered in Dhahran, Saudi Arabia.</p> <p><strong>Job Summary</strong></p> <p>We are currently looking for a Strategy & Market Specialist to become a part of the Strategic Studies & Market Analysis Division (SS&MA) within This Company’s Crude Oil Sales & Marketing Department (COSMD), based in Dhahran.</p> <p>The SS&MA Division is a vital unit that offers support to the business through various essential functions, including Market Analysis, Strategy development, Planning, Performance Monitoring & Reporting, and Data Management. As a Strategy & Market Specialist, you will play a crucial role in helping the organization make informed decisions by providing valuable insights and analysis related to market dynamics and strategic planning. This position offers a unique opportunity to contribute to the success of one of the world’s leading energy companies.</p> <p><strong>Responsibilities:</strong></p> <ul> <li>Provide expertise in a specialized area with crude oil placement strategy and market analysis.</li> <li>Focus on developing expertise in a specialized area to support departmental needs.</li> <li>Work under the direction of the group leader and/or department head.</li> <li>Participate in analysis and strategy development to address short- and long-term highly complex issues and problems as required by senior management.</li> <li>Mentor, train, and develop others.</li> <li>Undertake complex studies within the developed area of expertise that can impact the company’s present and future operations.</li> <li>Act independently with agreed objectives for most assignments.</li> <li>Regularly monitor the development of existing and emerging market trends to forecast their viability and evolution over time.</li> <li>Frequently direct and/or coordinate work task forces on special studies and consult directly with Executive Management on issues as they arise.</li> <li>Prepare and present plans, analyses, interpretations, conclusions, and recommendations to Management and others on a broad range of petroleum market issues as they arise.</li> <li>Provide expert advice and guidance on complex planning and analysis problems to senior planning and analytical personnel and to Executive Management.</li><br></ul> <p><strong>Requirements:</strong></p> <ul> <li><strong>This role required candidate to permanently relocate at Dhahran, Saudi Arabia.</strong></li> <li>Holding a Bachelor’s degree in Business Administration, Marketing, Economics, or Engineering from a recognized and approved program.</li> <li>A relevant advanced degree in economics, energy, or an MBA may also be an advantage.</li> <li>15+ years of experience in the downstream petroleum industry.</li> <li>Extensive experience in the Asian crude oil markets.</li> <li>Assumed responsibilities including market analysis and research, refinery feedstock procurement and optimization, or crude oil trading/marketing.</li> <li>Mature knowledge of global crude oil market balances and flows.</li> <li>Understanding of pricing dynamics and structures in the crude oil market.</li> <li>Familiarity with methodologies of reporting agencies and exchange contracts.</li> <li>Knowledge of refinery and petrochemicals.</li> <li>Experience with linear programming and investment financial modeling would be highly advantageous.</li></ul>
