.Important Notice: By applying through LHR Americas, you are ensuring that your CV will be manually revised by one of our recruiters. If accepted, we will submit it directly to our client's recruitment team where your CV will be prioritized for revision. If you decide to apply directly through our client's career site as well, LHR Americas will lose all visibility of your hiring process and will be unable to support you.Who is our client and your future employer?The company where energy is opportunity! Our client occupies a unique position in the global energy industry. They are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.Headquartered in the Kingdom of Saudi Arabia, our client combines market discipline with a generations' spanning view of the future, born of our nine decades of experience as responsible stewards of the Kingdom's vast hydrocarbon resources.LHR AmericasLHR Americas recruits people from around the world to work in Saudi Arabia.Who are we looking for?We are looking for a Downstream Market Analyst who will be responsible for developing and enhancing price forecast visualization tools, computing and issuing transfer prices, and coordinating with stakeholders to validate price implementation. The incumbent shall be the primary source for refined products, crude, chemicals, and freight forecasts needed by the Global Optimizer team and Affiliates Affairs organization.Minimum Requirements Bachelor's Degree in Statistics, Commerce, Marketing, Engineering, Business Administration or a closely related specialty. Post-graduate education or equivalent experience in MBA/ Statistics/Economics is desirable. Deep knowledge of model development and utilization of Excel functions. Decent understanding of downstream business and supply chain. 5 to 10 years of relevant professional experience (preferably in oil & gas downstream business), including several years in data analytics including market research, corporate planning, and business development. Key Responsibilities Develop, maintain and continuously improve fit-for-purpose price forecast visualization tools. Consult with Pricing Insights and Market Analysis team and AEs to gather information on global events affecting energy/ oil & gas market and market trends. Gather data from forward curves of all crude and products, market premium or discount values, costs of freight and other elements of Transfer Prices. Compute transfer prices daily for M till M+3, according to the planning cycle. Coordinate with AEs & market insights for review and validation of prices to be issued. Issue price forecast weekly to the AEs to ensure timely identification of opportunities, estimate uplift margins and serve as a basis for negotiations among stakeholders. Issue actual transfer prices on the last day of M-1 for M, to allow for timely review. Perform periodic lookback of TP forecasting quality and identify trends
