Phillips 66 Senior Economist in Houston, Texas
Phillips 66 & YOU - Together we can fuel the future
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, create an environment of trust, seek different perspectives and achieve excellence. Phillips 66 was recognized by Forbes as one of “America’s Best Employers” in 2021.
The Office of the Chief Economist (OoCE) supports the Executive Leadership Team (ELT) in a corporate staff role. The Chief Economist develops and articulates the long-term view of global economic and market factors driving Company performance. The OoCE provides corporate glue to the various Phillips 66 functions and business units with strategic alignment and the executive’s vision in the context of both the global marketplace and their specific business realities.
As a Senior Economist, you will work closely with the Chief Economist in conducting fundamental analysis, supporting various ELT functions and business initiatives/ deep dives, and providing thought leadership. You will provide mentorship and coaching to junior Energy Economists on the team. Success in this role will reply upon being an energetic self-starter, multi-tasker, independent thinker, who has the ability to drill down to detailed issues, draw conclusions, and ultimately be able to communicate and present findings in a concise and focused way. This is a highly visible position with various Business Units, Corporate Strategy, Value Chain Optimization, and Investor Relations teams.
Responsibilities May Include
Demand drivers- utilize a vast set of economic statistics to forecast crude, products, and petrochemicals demand
Statistical Analysis- conduct comprehensive statistical calculations of economic data, market pricing and various other industry data sets that help identify market trends that ultimately feed supply/demand models
Geopolitical- account for various global geopolitical events and their resulting ramifications on market fundamentals
Crude/NGLs- Analyze upstream and midstream markets and develop medium to long-term U.S. and global production, imports/exports, and transportation costs outlooks
Products- develop comprehensive analysis around U.S. and global downstream light and heavy refined product markets by integrating macroeconomic trends, yield shifts, import/export flows, and changes in refined capacity
Petrochemicals- develop olefins and polyolefins capacities, supply, demand, and chain margin outlooks
Long Range Plan and Annual Budget
Acts as key contributor to the rolling 10-year annual long-term strategic price deck and annual budget of crude and product price database that ultimately supports capital decision marking, go-to-market strategies, and asset optimization
Value Chain and Corporate Strategy
Provides an informed market view on various market fundamentals and help identify/communicate changes in the energy landscape that shapes forward strategic initiatives
Investor Relations and Executive Support
Provides guidance on market-related questions for investors and earnings call preparation
Supplies market data used in investor presentations and industry conferences
Contribute to various ad-hoc studies and deep dives on topics such as EV and hydrogen adoption, regulatory changes/implications, GDP and various macroeconomic metrics, and industry performance
Legally authorized to work in the job posting country
2 or more years of experience in market analytics
5 or more years of experience in the energy industry
Bachelor’s degree in Engineering, Economics, or Finance; Advanced Degree
Operational or Commercial experience
Ability to allocate responsibilities and coordinate multiple work streams to meet demanding deadlines
Working Knowledge of Phillips 66 businesses and key value drivers
Collaborates effectively in a team-oriented environment
Strong verbal and written communication skills
Advanced Microsoft Excel skills
Adaptable and flexible to fluctuating work hours
To be considered
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of June 22, 2021.
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Phillips 66 is an EEO and Affirmative Action Employer of Women/Minorities/Veterans/Individuals with Disabilities
Requisition ID: 54265
Location: Texas - Houston
Job Field: Accounting/Finance
Division : Investor Relations
Technical Req : No