Commercial Analyst Physical Crude Oil
About The Position
Commercial Analyst Physical Crude Oil PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating through its subsidiaries, oil refineries and related facilities. We are seeking a talented Commercial Analyst Physical Crude Oil to join our team as a pivotal member that would play a key role here at PBF Energy. This role would be located onsite at our Company headquarters in Parsippany, NJ. The Commercial Analyst will support the physical crude oil trading business by analyzing system position, exposures, and P&L drivers across supply, transportation, storage, and refinery delivery. This role works closely with crude traders to provide insight into position performance, logistics economics, and market risk.
Requirements
- 2+ years of experience in crude oil trading support, commercial analytics, or risk
- Strong understanding of physical crude economics, including quality, logistics, and differential-driven P&L
- Solid knowledge of P&L mechanics for physical and hedged crude positions
- Advanced Excel skills; trading system experience preferred
- Ability to work closely with traders
- This position is on site 5 days a week
- ONLY CANDIDATES MEETING THE ABOVE REQUIREMENTS WILL BE CONSIDERED
- FOR SERIOUS CONSIDERATION, PLEASE INCLUDE YOUR SALARY REQUIREMENTS
Responsibilities
- Monitor and evaluate system position for physical crude across grades, origins, destinations, and time structures
- Analyze daily and monthly P&L, identifying drivers including flat price, differentials, freight, quality adjustments, and timing
- Provide clear feedback to traders on position performance and execution outcomes
- Support management of length/short exposure, inventory, and pipeline or waterborne positions
- Reconcile physical barrels, movements, inventories, and financial hedges
- Analyze grade spreads, location differentials, and logistics economics affecting crude value
- Assist with prompt-month close and P&L explanation
- Identify system discrepancies or data gaps impacting crude position accuracy
- Partner with scheduling, operations, risk, and accounting teams
Benefits
- bonus eligibility
- health care
- retirement benefits
- paid time off
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
