Objective of Position
To monitor and analyse the short-term impact of financial market developments, in particular commodity markets on petroleum markets as well as the performance of major oil companies, including national oil companies;
and to carry out special studies on pertinent issues.
Studies financial markets, in particular commodity markets as well as covering developments in currency, equity, bonds, interest rate markets.
Analyses the impact of financial market developments on short-term developments in the petroleum market.
Studies developments in world financial instruments, finance institutions and related issues.
Carries out analyses of the short-term financial performance of major oil companies, including National Companies and evaluates the short-term impact on the oil industry.
Consolidates findings of the above analyses and prepares and issues reports thereon.
Carries out any other tasks assigned by the relevant superiors as pertain to his / her background, qualifications and position.
Required Competencies and Qualifications
University degree in Economics, Finance, and / or Business Administration
Advanced degree preferred
University degree : 8 years, preferably relating to the oil sector
Advanced degree : 6 years
Financial analysis including tools
Oil project feasibility studies
Joint venture project assessments
Stock exchanges and oil paper markets (NYMEX, IPE, etc.)
Economic / financial analysis concepts (NPV / Cash Flow)
Internet access to all international oil markets as well as financial markets
Customer service orientation
Initiative and integrity
Status and Benefits
Members of the Secretariat are international employees whose responsibilities are not national but exclusively international.
In carrying out their functions they have to demonstrate the personal qualities expected of international employees such as integrity, independence and impartiality.
The post is at grade E reporting to the Head, Petroleum Studies Department. The compensation package, including expatriate benefits, is commensurate with the level of the post.
Applicants must be nationals of Member Countries of OPEC and should not be older than 58 years.
Applicants are requested to fill in an application form which can be downloaded from the OPEC website.