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- Tasks: Lead economic modelling for energy transition and support decision-making with valuable insights.
- Company: Join a major upstream operator with a global presence and diverse opportunities.
- Benefits: Permanent position with competitive salary and career growth in a dynamic environment.
- Why this job: Make an impact in the energy sector while developing your skills in a collaborative team.
- Qualifications: 3-5 years of experience in economic modelling and strong analytical skills required.
- Other info: Flexible industry background welcomed; continuous improvement mindset is key.
The predicted salary is between 60000 - 80000 £ per year.
Our client is a major upstream operator business and is recruiting for the position of Senior Economic Modeller, based in Aberdeen on a staff basis.
Responsibilities:
- Own and maintain the UK Upstream’s economic modelling capability; this includes:
- Upgrading the current modelling suites to allow them to continue operating within the new IT framework.
- Building and assuring new economic models to address new (Energy Transition) business models and/or changes in commercial architecture.
- Acting as Subject Matter Expert in all economic modelling matters.
- Taking an active role in developing economic modelling skills of junior economics staff.
- Act as a core member of multi-disciplinary teams, contributing to quality conversations by integrating valuation assumptions in decision analyses and delivering value insights to decision makers.
- Deliver and/or assure commercially sound, accurate, timely and fit-for-purpose economic analysis that supports efficient and effective decision making (including appropriate Risk and Uncertainty analysis).
- Support and influence the preparation of PCN / PCP / GIP decision documents, commercial negotiating strategies, NFIs and other internal / external submissions as required by the business.
- Lead economics support for the business planning and/or reserves reporting processes across the Economics team.
Experience & Qualifications:
- 3–5 years’ minimum experience with Advanced Visual Basic Analytics (VBA)
- A solid understanding of coding
- Industry background is flexible — this does not need to come from oil and gas. Candidates from banking, consultancy, or other numerically strong fields are welcome.
- Minimum of 10 years of Upstream or Energy Transition experience, of which at least 6 years of Economics / Valuation experience.
- Strong modelling and excel skills – experience in building and assuring models, use of macros, best practice modelling skills.
- Performance focus – able to perform independently, manage conflicting work priorities and still deliver as promised.
- Stakeholder management skills – manages the balance between support and challenge.
- Integration – demonstrated ability to lead and integrate across functions to solve problems.
- Continuous improvement – always seeking to improve, displays a learner mindset.
Permanent position. If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference: PR/081663.
Senior Economic Modeller in Aberdeen employer: Orion Group
Contact Detail:
Orion Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Economic Modeller in Aberdeen
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend local meetups. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Economic Modeller role.
✨Tip Number 2
Prepare for those interviews by brushing up on your economic modelling skills. We recommend practising common questions and scenarios related to the Energy Transition. Show them you’re not just a numbers person, but a strategic thinker!
✨Tip Number 3
Don’t forget to showcase your achievements! When you get the chance to chat with potential employers, highlight specific projects where you’ve made an impact. We want to see how you’ve used your modelling skills to drive results.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. We’re always looking for talented individuals like you to join our team and make a difference in the industry.
We think you need these skills to ace Senior Economic Modeller in Aberdeen
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Economic Modeller role. Highlight your experience with economic modelling, VBA skills, and any relevant industry background. We want to see how your unique skills fit into our needs!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've improved modelling processes or contributed to decision-making. This helps us see the impact you can bring to the team.
Keep It Clear and Concise: When writing your application, keep it clear and concise. Avoid jargon unless it's relevant to the role. We appreciate straightforward communication that gets to the point without fluff!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us track your application better and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Orion Group
✨Know Your Models Inside Out
As a Senior Economic Modeller, you’ll need to demonstrate a deep understanding of economic modelling. Brush up on your current models and be ready to discuss how you would upgrade them within a new IT framework. Be prepared to share examples of how you've built or assured models in the past.
✨Showcase Your Stakeholder Management Skills
This role requires balancing support and challenge with stakeholders. Think of specific instances where you've successfully managed stakeholder expectations or navigated conflicting priorities. Highlight your communication skills and how you integrate feedback into your work.
✨Demonstrate Continuous Improvement Mindset
Employers love candidates who are always looking to improve. Prepare to discuss how you've sought out learning opportunities in your previous roles, whether through formal training or self-directed learning. Share any initiatives you've led that resulted in improved processes or outcomes.
✨Prepare for Technical Questions
Given the technical nature of this position, expect questions about Advanced Visual Basic Analytics (VBA) and Excel modelling. Brush up on your coding skills and be ready to solve problems on the spot. Practising common modelling scenarios can help you feel more confident during the interview.