Senior Commodity Market Analyst Lead
4 days ago
PHILLIPS 66 INTERNATIONAL TRADING PTE. LTD. is seeking an experienced Senior Commodity Market Analyst Lead to join our team. The successful candidate will play a key role in analyzing market trends and providing valuable insights to support our business strategies.
About the Role:
We are looking for a highly skilled individual with expertise in commodity market analysis, specifically in the oil industry. The ideal candidate will have a strong understanding of market dynamics, including supply and demand balances, refinery maintenance, trade flows, and fuel specification changes. They will also be responsible for modeling demand based on seasonal patterns and collaborating with traders to formulate short-term market views.
Key Responsibilities:
- Analyze fundamental data to update monthly supply and demand balances for Asia and Middle East
- Provide market analytical support for Commercial by using supply and demand modeling, arbitrage modeling, and macro-economic data to develop a medium-term (6-12 months) view of the market
- Model demand based on seasonal patterns like weather, holidays, and economic expansion
- Participate in weekly meetings with traders, collaborate, and formulate the short-term market view and try to generate trading ideas
- Maintain, improve, and distribute fundamental reports for products of support
- Provide daily market updates of news and analysis pertinent to the oil market worldwide
- Provide ad hoc analysis and compile data as needed for the team
- Provide ad hoc requests from Corporate and Commercial management presentations
- Work with the chief economist office by updating the corporate long-range price forecasts
- Work with third-party consultants and brokers to understand and evaluate views on commodity movements and factor those into development of P66 market view
Requirements:
- Bachelor's degree in engineering, finance, or economics
- Financial, economic, statistical analysis, or modeling experience required
- Strong written, oral communication, and presentation skills
- Proficiency with Excel, Access, or other database software, statistical modeling software, and economic model development is a plus (R, Matlab, Eviews, Stata, etc.) preferred
- Coding experience in Python, SQL, and VBA or other programming language preferred
- Experience on a trading floor, with trading support, or in a refinery in a market/planning function preferred
- Proficiency in Microsoft software applications
What We Offer:
A competitive salary of $120,000 - $180,000 per annum, depending on experience, plus benefits and opportunities for professional growth and development.
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