At a Glance
- Tasks: Analyse petrochemical markets and produce price forecasts while engaging with clients and industry contacts.
- Company: ICIS optimises global resources, providing data and insights for strategic decision-making in commodity markets.
- Benefits: Enjoy a hybrid work model, networking opportunities, and the chance to attend industry events.
- Why this job: Join a dynamic team, develop expertise in commodities, and make a real impact on sustainable decisions.
- Qualifications: Bachelor's degree in science, engineering, or economics; strong data analysis and communication skills required.
- Other info: Position based in London with a collaborative, diverse team and opportunities for professional growth.
The predicted salary is between 28800 - 48000 £ per year.
About the Business
At ICIS, our mission is to optimize the world's resources. We help companies make strategic, sustainable decisions by bringing transparency to markets across the world. We create a comprehensive view of commodities markets, providing companies with the data and intelligence to successfully navigate across global value chains every day. Our customers benefit from instant access to price assessments, reports and forecasts, a dedicated news channel and supply and demand data.
About the Team
The Chemical Analytics team at ICIS comprises over 50 employees located across various offices and regions. Team members will have expertise in certain value chains (e.g. olefins, aromatics, polyolefins, vinyls etc). There is a wide spread of experiences amongst the team with backgrounds including research, engineering and economics. Analysts work closely with colleagues in other functions, regions and time zones. The open position will be based in Europe, preferably in our London headquarters. The role will involve coming to the office on a hybrid basis (two days per week minimum) to work and connect with colleagues in person. The role will also involve regular interactions with colleagues and clients in different regions and time zones.
Responsibilities
- Price forecast and market analysis: Produce regular short term price forecasts for assigned commodities and regions. Collect and analyse latest news and developments, support colleagues in content team. Liaise with industry contacts and clients to understand their needs and latest developments.
- Supply and demand analysis: Contribute to the ICIS Supply and Demand Database for assigned commodities and regions. Produce timely insight and analysis for industry developments related to investments and unit closures, production and demand outlooks, and trade developments. Develop and leverage expertise in key derivative and demand segments. Work with upstream colleagues to understand, support and develop long term supply-side driven trends.
- Client engagement: Support and drive client engagement activities, build and develop market contacts to better understand commodity markets and improve product offerings and analysis. Attend conferences and networking events, speaking at events/webinars where appropriate. Support sales activities.
- Develop analytics models: Support model developments and enhancements, including production data, demand modelling, end-use analysis, cost of production and price forecast models, short term supply demand development, recycling models. Will include working with both content and data science teams.
Requirements
- Strong data analysis skills with the ability to interpret and communicate findings effectively.
- Excellent storytelling abilities to present complex information in an engaging manner.
- A bachelor's degree (or equivalent) in a relevant field, preferably science, engineering, or economics.
- Experience working with commodity markets in a technical, commercial or research role would be advantageous; proactive problem-solving skills are essential.
- Comfortable engaging with others to build and maintain professional relationships.
- Familiarity with data science tools (Python, SQL) and experience working with large datasets is a plus.
Petrochemical Analyst, ICIS (Hybrid) employer: RELX Group plc
Contact Detail:
RELX Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Petrochemical Analyst, ICIS (Hybrid)
✨Tip Number 1
Familiarise yourself with the latest trends in the petrochemical market. Understanding current events and developments will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the petrochemical industry. Attend relevant conferences or webinars to connect with potential colleagues and clients, which can provide valuable insights and may even lead to referrals.
✨Tip Number 3
Brush up on your data analysis skills, particularly with tools like Python and SQL. Being able to showcase your proficiency in these areas can set you apart from other candidates and align with the technical requirements of the role.
✨Tip Number 4
Prepare to discuss your problem-solving abilities and how you've applied them in past roles. The ability to tackle challenges proactively is essential for a Petrochemical Analyst, so have specific examples ready to share.
We think you need these skills to ace Petrochemical Analyst, ICIS (Hybrid)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Petrochemical Analyst position at ICIS. Familiarise yourself with the key tasks such as price forecasting, market analysis, and client engagement.
Tailor Your CV: Customise your CV to highlight relevant experience in data analysis, commodity markets, and any technical skills like Python or SQL. Emphasise your storytelling abilities and how you've effectively communicated complex information in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the petrochemical industry and your understanding of market dynamics. Mention specific experiences that demonstrate your problem-solving skills and ability to build professional relationships.
Highlight Relevant Skills: In your application, be sure to highlight your strong data analysis skills and any familiarity with data science tools. Provide examples of how you've used these skills in past roles to support your application.
How to prepare for a job interview at RELX Group plc
✨Showcase Your Data Analysis Skills
As a Petrochemical Analyst, strong data analysis skills are crucial. Be prepared to discuss your experience with interpreting and communicating findings from large datasets. Highlight any specific tools you've used, such as Python or SQL, to demonstrate your technical proficiency.
✨Engage in Storytelling
The ability to present complex information in an engaging manner is key for this role. Practice explaining your past projects or analyses in a way that tells a story, making it relatable and easy to understand for your interviewers.
✨Understand Commodity Markets
Familiarise yourself with the latest trends and developments in commodity markets, especially those relevant to the role. Being able to discuss current events and their potential impact on supply and demand will show your proactive approach and industry knowledge.
✨Build Professional Relationships
Client engagement is a significant part of the role. Prepare examples of how you've successfully built and maintained professional relationships in previous roles. This will demonstrate your interpersonal skills and ability to connect with clients and colleagues alike.