Asc downstream market analyst

About our client:Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.Responsibilities:Study global events and updates affecting the energy and oil gas industryGather information and develop own forecasts based on market understandings for prices covering from M till M+3 for specific product and market combinations (during M-2 and M-1)Interface closely with product specialists and ATC traders for inputAssess market premium and discounts in various enclavesShare findings with Data Analytics and Reporting team dailyPerform quality control to ensure market relevancy of transfer prices, trigger review of contracts (if needed) and informing JV offtake positions during negotiationsContinuously improve market relations and forward curves developedReview and provide necessary feedback to FAAD and Law department in relation to newly proposed TP contract agreements and/or amendments to existing agreements. Ensure fair pricing practices across all refineries for products and crudeUnderstand capabilities of logistics and operations to develop an informed opinion to push forward for the pricing committeeRequirements:Bachelor Degree in Commerce, Marketing, Engineering, Economics, Business Administration, or closely related specialty.Post-graduate education or equivalent experience in MBA/Economics is desirable.Deep knowledge of data warehousing and mining.5 to 15 years relevant professional experience (preferable in oil gas downstream business), including several years 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.Responsible for undertaking special assignments requiring analytical experience with minimal supervision and discretion. Good IT skills (excel and PowerPoint).