Downstream Market Analyst

We are seeking a highly skilled Downstream Market Analyst to join our team at LHR Americas. As a key member of our Pricing Insights team, you will be responsible for developing and enhancing price forecast visualization tools, computing and issuing transfer prices, and coordinating with stakeholders to validate price implementation.

• Develop and maintain fit-for-purpose price forecast visualization tools to support business decision-making.
• Consult with Pricing Insights and Market Analysis teams to gather information on global events affecting energy/oil & gas markets 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 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.
• Perform random checks and assist OAD to QA implemented prices on standard and non-standard cargoes.

• 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.

• Monthly Base Salary – aligned with company employees with similar skills.
• Monthly Overbase – 25% of your monthly base salary.
• Benefits Supplement – 20% of your monthly base salary, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base.
• Severance Package (2-year vest period) – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after.
• Employment Tax – if employee chooses to separate themselves from their 'home country' for income tax purposes, most will not be required to pay 'home country' income taxes; company will not report income to the 'home country' governments. Please check with your tax advisor for specifics relating to you.
• Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount.
• Incentive Plan – annual; based on performance, approx. 1.8x monthly base salary.
• Travel Allowance – annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old.
• Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays.
• Medical/Dental Plan – complimentary in-Kingdom Johns Hopkins medical care/facilities for employee and eligible family members. In-Kingdom dental services subsidized.
• Educational Assistance Plan (EAP) – Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K).
• Settling in Allowance – one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status – 60% of monthly base salary.

Our hiring process typically involves the following stages:

• Resume Evaluation: A member of our recruitment team will evaluate that your resume matches the client's job description requirement.
• Interviews Stage:
  • LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications.
  • Client Face to Face interview: This interview will happen only if your resume is approved by our client.
  • Additional video interviews with hiring managers may also be conducted.
• Conditional Offer: A successful interview may result in a conditional offer of employment, subject to medical examinations and permission to secure a visa to work and reside in-country.
• Relocation Process: After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas.

We look forward to reviewing your application