Economics and Planning Senior Economist

Job Description

Job Description

An exciting opportunity awaits a Senior Economist to join the team and play a pivotal role in maintaining and developing the refinery Linear Programming (LP) model, providing crude relative refining values, producing optimized operating plans, and offering in-month optimization advice based on comprehensive economic analysis. This role reports directly to the Economics & Planning Manager.

Key Responsibilities :

• Generate an optimized operating plan for the next three months, including dollarized charge, yield, and the latest opex and capex estimates. Upload the approved plan to the data warehouse.
• Develop a feasible and optimized budget plan for the upcoming year, considering crude grade availability, pipeline allocations, product demand, and refinery capacity.
• Advise on daily refinery optimization by considering current economics, actual inventories, and refinery performance.
• Track and reforecast the month-to-date charge and yield, adjusting projections as needed for the remainder of the month.
• Update clean product and butane runout files with the latest charge and yield estimates.
• Calculate weekly crude refining values and provide commercial crude teams with crude screening reports.
• Monitor and update the refinery LP model to ensure accuracy and maintain an acceptable level of model performance.
• Coordinate crude sampling and participate in the PBF Crude Quality Monitoring process. Maintain the crude assay table for the LP model.
• Provide monthly projections for hydrogen purchases, RFG sales, and ROG sales rates to Linde.
• Present the monthly operating plan to refinery staff, commercial traders, and the executive team.
• Communicate operational and product slate flexibility to commercial traders, enabling the refinery to capitalize on spot market opportunities.
• Collaborate with Process Engineering on capital project economic evaluations using LP and other tools.
• Work with Process Engineering on the economic analysis of catalyst selections.
• Maintain and adjust integrated procedures within the Risk Group.
• Provide economic insights and guidance during bi-weekly meetings with Technical Services on refinery optimization strategies.
• Participate in the screening and evaluation of new crudes for the refinery.
• Estimate the cost of equipment outages to assist in optimizing maintenance work and turnaround scheduling.

Qualifications :

Why Join Us?

This is an excellent opportunity for a seasoned economist to contribute significantly to refinery optimization, economic modeling, and strategic planning. You'll collaborate closely with cross-functional teams to drive innovation and ensure the refinery meets its operational and financial goals.

Even if you feel youre overqualified or underqualified for this particular role, we encourage you to reach out. We value your experience and would be happy to discuss other exciting opportunities that may better align with your skills and career goals. Your next great opportunity could be just a conversation away!