TOTAL recruits a Global Balance Manager in Geneva, Switzerland
Job Description
The Global Balance Manager has two main responsibilities.
1) To Provide demand forecasts by region and by product to feed the local Supply&Demand balances managed by each dedicated product desk analyst.
2) To Manage the global consistency of the bottom-up local crude & product balances with the top-down global balance.
The scope of the work is worldwide but the Global Balance Manager works in close cooperation with other market analysts and modelers based in Geneva, Houston and Singapore. The Global Balance Manager will be responsible for developing their own forecasting models and tracking tools leveraging on existing process, software and database. Models are designed to meet the needs of physical & derivatives market traders. The Global Balance Manager will actively participate in various trading meetings.
Daily tasks include:
- Develop & improve econometric forecasting models
- Supervise the data manager to maintain an up-to-date database for crude & products
- Source & collect relevant data to improve demand & balance forecasts
- Provide updated demand forecast by product and country based on the latest released data
- Manage global vs. local balance consistency in close cooperation with other dedicated product desk analysts
- Address immediately any request from traders about a specific event impact on the oil market
- Put news and information into a global market perspective to anticipate potential pricing impact
- Relay studies and forecast produced by the analysts based in other locations or on other products
Context and environment
The demanding market environment requires working to short deadlines and upon request, as conditions change and as information is required.
The Global Balance Manager will be based on the Derivatives trading desk in Geneva as to engage into a live and interactive dialogue with traders. The candidate must react quickly and effectively to prompt demands while keeping up a steady flow of analysis. To track the evolution of fundamentals, in anticipation of trader requirements, and the timing of market developments.
Precision, reliability, and proactive are essential. The Global Balance Manager will also dialogue directly with key data suppliers and consultants as well as counter-parts within the industry.
Typically, the tools developed and used by the Global Balance Manager will track the evolution of surpluses and deficits for various regions, or countries to help anticipate trends for trade flows and stock change.
Candidate profile
Master’s degree in engineering, economics, finance, or business.
A specialization in oil, refining or petchem markets is an advantage, as are certifications such as the CFA.
A similar validated 5-10 years’ experience in an energy trading company, consultant or agency is required.
Excellent analytical skills, logical, rigorous, creative. An ability to step back from the detail to get the bigger picture.
Knowledge of computer languages such as R, Python, C, VBA, SQL, and econometrics softwares (Eviews, Knime).
Excellent writing skills, notably for succinctness and precision.
Native or bilingual in English (written and oral). French would be a plus but is not compulsory
Excellent relationship and communication skills. Assertive and confident
Métier
Strategy Economics
Employment type
Regular position
Experience level required
3 – 6 years, 6 – 10 years