Commercial Analyst

**About Ampol Trading & Shipping**

Our purpose at Ampol is to power better journeys today and tomorrow. Our Trading and Shipping team is key to achieving this, not only supplying our customer’s needs today, but evolving as the energy transition takes place to supply our customers well into the future.

We take pride in our people and value innovation, sustainability, and customer satisfaction. If you’re a professional committed to excellence, Ampol is looking for you.

**About the role**

The Commercial Analyst (Cross Bench) plays a critical role in delivering high-quality market analysis to support trading decisions across Ampol’s global Trading & Shipping business. Rather than focusing on a single product, this role provides exposure across the barrel—supporting analysis across crude, refined products, and other commodities as required. The analyst will develop, maintain, and enhance global supply-demand models, delivering timely, data-driven insights into market fundamentals. By working closely with traders and commercial teams, the role helps shape trading strategies through structured analysis of evolving market dynamics. The Commercial Analyst will also contribute to the T&S Data Analytics Roadmap, helping to build Ampol’s end-to-end data and analytics capability and supporting more informed, commercially focused decision-making.

**Key responsibilities**
- **Fundamental Modelling & Forecasting**: Build, maintain and enhance global Supply & Demand models for crude oil and refined products. Collaborate with the data scientist to enhance models using statistical, econometric and machine learning techniques, and integrating new/alternative datasets. Incorporate feedback and insights from broader team of traders and commercial analysts to enhance the centralised models. Ensure transparency, documentation and version controls of fundamental models and assumptions.
- **Support Trading Decisions via Delivery of Timely Actionable Insights**:Facilitate discussions on fundamentals to support informed decision making. Bring forward timely market insights and relevant/scenario analysis, and drive engagement with broader team of traders and commercial analysts to help formulate view on market direction and inform new trade ideas, price dislocations, trading or arbitrage opportunities.
- **Monitor and Analyse Market Trends/Developments**: Track and analyse micro and macro trends that may impact physical and financial oil markets to perform forecasts. These may include refinery developments and outages, weather forecasts, sanctions, OPEC+ decisions, feedstock economics, macroeconomic trends, inventory levels, amongst others.
- **Support the Delivery of T&S Data Analytics Roadmap**:Contribute to the delivery of the data analytics roadmap by collaborating with the Data Product and Data Science Team to build out T&S end-to-end data analytics capabilities to drive proactive data-driven trading discussions and support informed decision-making.
- **Cross-Functional Collaboration**:

- Publish weekly and monthly market commentary with inputs from other team members.
- Engage with Trading and Shipping, Strategy, Business Development, or other parts of Ampol where relevant to share market developments and insights through various platforms and channels. Where relevant, perform topical analysis and support ad-hoc data requests.
- Track competitors’ activities into Australia and New Zealand, and in other geographies where relevant or required through ship tracking and other market intelligence.
- Support analysis and decision making in response to identified market changes, including product specification changes, contracting, regulatory changes, etc.

**Qualifications & experience**
- Tertiary qualification in a relevant discipline
- Minimum of 3-5 years of market analysis experience, preferably in an oil trading environment.

**Skills & Knowledge**
- Demonstrate strong analytical capability and experience.
- Self-starter with a drive for results and able to work independently.
- Excellent communication skills with an ability to engage traders, lead discussions and influence change.
- Commitment to deliver continuous improvement and enhance existing analysis.
- Ability to manage complex and technical arguments.
- High level understanding of business drivers and key areas of influence.
- Excellent organisational skills, able to prioritise and work in a changing environment.
- Willingness to share knowledge and guide others in the team.
- Collaborative team player who thrives in a fast-paced environment and ability to work effectively in a cross-functional team environment.
- Excellent Excel skills, VBA, Python and SQL knowledge will be an advantage.
- Good knowledge of PowerBI or other visualisation tools