Market Strategist - GCrude

BP•Chicago, IL

52d•$132,000 - $200,000•Onsite

About The Position

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We're always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world's leading energy company! Role synopsis Embedded within the Oil Strategist team and operating in partnership with senior commercial stakeholders, the market strategist uses analysis of fundamentals and other price drivers to form a market view and influence risk deployment. The market strategist can develop and run infrastructure to quantify market fundamentals and their relationship to price. They can translate this into a view and communicate insights to trading stakeholders, influencing commercial delivery. Recognized as holding relevant expertise in energy markets and quantitative methods the market strategist provides new insights through innovative analysis and is not afraid to challenge the status quo, enabling ST&S to maintain its competitive edge. Adept at developing partnerships across trading and analytics, the market strategist can develop networks that stretch cross-geography and cross-commodity. They employ the full suite of skills and capabilities that reside within our strong multidisciplinary analytics team, connecting analysis and information.

Requirements

Academic background; preferably in Economics, Engineering, Data Science or another quantitative background
Professional and/or academic analytical background
Knowledge of relevant commodity markets, traded instruments and energy economics
Subject matter expertise in relevant commodity line and/or technical field
Strong attention to detail, problem-solving capability and prioritisation under pressure
History of developing partnerships with stakeholders to deliver successful outcomes
Functional expertise developing quantitative analytics infrastructure
Able to communicate key themes and messages clearly and succinctly

Nice To Haves

Knowledge of Canadian/North American crude markets including supply and demand drivers, how physical crude oil and related financial instruments are traded and different types of crude oil
Understanding of the downstream oil sector, refinery processes and economics
Knowledge of upstream crude production processes and developments
Experience of delivering tradeable insights from analysis
Knowledge of advanced statistics, econometrics, data science and AI
Capable using Python, data science platforms, and business intelligence tools

Responsibilities

Maintain North America crude oil balances with a focus on Canadian supply and demand dynamics for the Calgary-based role, and USGC/Latam dynamics for the Chicago-based role.
Develop effective partnerships within the trading stakeholders to develop the best possible regional view and ensure that it connects to the broader North America and global analytics systems.
Oversee the granularity and accuracy of ship tracking and flows which the graduates on the team run.
Work with Lead Market Strategists & Trade Strategist to form market/trade views
Contribute to trading strategy: Conduct analysis of crude and product markets to help support/challenge trading Books positions. Develop new trading opportunities out of analysis and contribute to strategy discussion.
Understand fundamentals and market moves and how they link back to trading and origination activity. Drive original analysis in the team.
Develop effective cross-discipline partnerships within TA&I to bring the best skills to problems.
Collaborate effectively across regions and commodity lines to create alignment and promote better connectivity.
Co-develop, maintain and embed a suite of models to quantify fundamentals and link to price.
Leverage skills and capabilities that reside in multidisciplinary analytics team.
Grow and embed technical and subject matter expertise across the business and continually develop the Analytics infrastructure. Including mentorship of graduates in the crude strategist team

Benefits

This position is eligible for US Benefits - Core.
This position offers paid vacation depending on your years of relevant industry experience and will range from 120 - 240 hours[LC1] of vacation per year for full time employees (60 - 240 hours of vacation per year for part time employees).
You will also be eligible for 9 paid holidays per year and 2 personal choice holidays.
Bp has a parental leave policy as well, which offers up to 8 weeks' paid leave for the birth or adoption of a child.
We offer a reward package to enable your work to fit with your life.
These offerings include a discretionary annual bonus program, long-term incentive program, and generous retirement benefits that include a 401k matching program.
These benefits include a pension for eligible employee[LC2] .
As part of bp's wellbeing package, bp offers access to health, vision, and dental insurance, as well as life and Short-Term Disability and Long-Term Disability.

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