Market Analyst

Location: Calgary, AB, CA, T2P 2H7

Job Field: Commercial

Phillips 66 & YOU - Together we can fuel the future

The Market Analyst, Crude provides commodity market fundamentals, short/medium term supply/demand analysis, and trader support for the Global supply and trading functions. In addition, this position will support ad hoc requests from Commercial Senior Management, Commercial groups, Chief Economist, and Investor Relations.

Responsibilities may include

Developing a comprehensive understanding of commodity trading, including key supply/demand regions, logistics assets, storage facilities, and financial instruments used to hedge positions in these markets. An understanding of key trading strategies is crucial for success.

Performing market analysis to develop and support business objectives, specifically:

Developing and maintaining supply and demand models. This will involve working closely with trading to understand the market and trends, incorporate downtime, seasonal cycles, macroeconomic variables and utilize import/export data to ensure the models are accurate and accepted by trading

Identify market anomalies and communicate to trading on what physical market and forward market changes might occur

Performing actual and projected tariff analysis and alternate logistical cost comparisons

Performing project economic modelling & analysis as required

Supporting strategy development work for Supply and Trading groups as required

Working with global Supply/Trading Commercial Development and Market Analysis & Strategy staffs in Houston to leverage resources/skills, share best practices and provide a global perspective on analysis

Leading ad-hoc projects and analysis around market fundamentals (including infrastructure changes) to support trade ideas

Working with 3rd party consultants and brokers to understand and evaluate their views on commodity movements and factor those into development of P66 market view

Required Qualifications

Legally authorized to work in job posting country

Bachelor’s degree or equivalent accreditation

2 or more years of experience in the energy industry or commodity trading

Proficient economic analysis, data management, modelling and/or investment appraisal skills

Proficient in Microsoft Excel, Word, and PowerPoint

Preferred Qualifications

3 or more years of commercial supply and trading experience in the crude market or

3 or more years of commercial supply and trading experience

Technical background (i.e., process engineering) would be beneficial

Working programming knowledge of Visual Basic, Python, SQL, Tableau and/or R

Working knowledge of statistical modeling software, SQL or other database software, and economic model development

Self-starter with high degree of personal drive and initiative

Strong written, oral communication and presentation skills

Extremely reliable and thorough with proven organizational skills and attention to detail

Strong problem-solving skills, with ability to work in high pressured environment on a broad range of activities and to prioritize workload to meet challenging deadlines

Strong willingness and ability to support internal customers in business requirements and ability to network effectively to achieve goals

Collaborative team player with ability to work constructively within a close and often demanding teamworking environment

Capable of gaining consensus and trust across multiple functional areas within, and external to, Commercial to build a common vision and direction

At Phillips 66, while "what" we do may be very different from person to person, there's a "how" that connects all of us. It is how we work, how we collaborate and how we succeed together. It's this shared "how" that our competency framework describes in detail. We call it the Keys to Success because it can unlock the potential within us all.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible employees include:

Company bonus

Pension Plan

Savings Plan

Extended Health Care and Dental Benefits

Life, AD&D, LTD

Personal Development Account

Employee and Family Assistance Program