Senior Economist - Domestic Analysis Department

Job Description

Req Number: 17375BR

Position Description:
We are seeking a Senior Economist to join the Domestic Analysis Department (DAD) within Corporate Planning.

The core function of the DAD organization is to advise the Company’s management and external (i.e., government and private) stakeholders on domestic energy outlooks, domestic economic evaluations, domestic fuel, feedstock pricing, macroeconomic outlook, and international energy policies and regulations, besides assisting in strategic planning and domestic energy strategy formulation as well as policy analysis. DAD serves as the center of expertise on a wide variety of strategic issues that are of great impact on the domestic energy landscape to ensure the sustainable economic development of Saudi Arabia. It provides insights based on evidence on a number of macroeconomic, energy, and policy issues.

Your primary role is to assist with DAD’s achievement of major initiatives in the areas of macroeconomic trends, collection, examination of Kingdom-related data, drafting of economic research, performing econometrics analysis, and remaining up-to-date with global and domestic trends and how they interact. You will support DAD’s efforts in the area of informing and communicating with corporate management as well as with other relevant organizations within and outside the company.

Minimum Requirements:
As the successful candidate you will have the following:

Ph.D. or equivalent in economics, econometrics, statistics, or a related field.

10 years of experience in the area of economic analysis and research.

Ability to work in multi-cultural and multidisciplinary teams.

Ability to produce high quality reports, studies and presentations.

Ability to deal effectively with other staff and with external stakeholders.

Ability to represent DAD both internally and externally if needed.

Duties & Responsibilities:
You will be required to perform the following:

Manage and support in all possible forms small teams to deliver analytic functions in support of operations.

Supervise socioeconomic research conducted internally, and monitor and report on research published on areas of interest to DAD.

Analyze and assess economic data, research, policy, and arguments in a logical manner and in line with economic theory.

Assist DAD management and Saudi Aramco management in responding to urgent economic questions and issues based on evidence and analysis.

Assess market conditions and other assessments, as well as monitor and report relevant insights in the area of Saudi Arabia macroeconomics.

Present economic data in formats that are understandable to stakeholders, to other staff, and to senior decision makers.

Conduct economic analysis relevant to operational and policy issues.

Provide well-written economic advice on short turn-around times for a variety of management issues in addition to long-term analysis and forecasts.

Keeping up-to-date with global and domestic development in the fields of energy, economy, and policy and project implications of these development on domestic economy.

Provide training relevant to job requirements to non-economists and staff involved in operations.

Help more junior staff with their development and mentoring.

About us:
As an integrated, global petroleum enterprise with operations in Saudi Arabia, Europe, the United States and the Far East, Saudi Aramco is one of the cornerstones of the world’s energy supply. Saudi Aramco has a proud legacy of accomplishment in the oil and gas industry. In recent years, the Company has been creating downstream joint and equity ventures, both in Saudi Arabia and in China, and is exploring additional opportunities in refining and petrochemicals. Projects such as these, combined with Saudi Aramco’s stature – both as a corporation and as a corporate citizen – in the Kingdom and wherever the Company does business, make for a challenging and rewarding work environment for the personnel of the Finance business line.