OPEC Recruits Economic Analysts

Organization of the Petroleum Exporting Countries (OPEC)'s mission is to help stabilise the oil market through coordination of national oil production policies and to help oil producers achieve a reasonable investment return. It further helps ensure stable oil supplies for consumers. The advertised post is located at the OPEC Secretariat in Vienna, Austria, headed by the Secretary General, who carries out the executive functions of the Organization.

OPEC is recruiting for the position of:

Job Title: Economic Analysts.

Job Code: 4.2.01

Job Dimensions
Within the Research Division, the Petroleum Studies Department is responsible for providing pertinent and reliable information and analyses in support of decision-making and policy-making in Member Countries. It carries out research programs and studies on short-term petroleum market developments with the aim of issuing reports on a regular, as well as ad-hoc basis, highlighting important issues for their use and consideration. It conducts regular forecasts, elaborates and analyzes oil market scenarios and prepares and publishes reports on these findings. It promotes OPEC's views and technical analysis on short-term oil market developments to the industry at large and the general public via the OPEC Monthly Oil Market Report, as well as other reports, presentations and related pod casts. And it prepares and contributes to reports to be submitted to the Economic Commission Board, the Board of Governors, the Ministerial Monitoring Sub-Committee, as well as papers for various OPEC publications.

Objective of Position:

• The Economic Analyst analyzes key indicators and forecasts global economic development in the short- to medium-term with emphasis on developing countries and countries in transition.
• He/she consolidates findings for inclusion in the Monthly Oil Market Report as well as reports for OPEC Governing Bodies and prepares occasional and topical reports and studies as requested.

Main Responsibilities:

• Analyses leading indicators of world economic development including trade, commodity prices and investments and on this basis monitors and forecasts short- to medium term developments with particular focus on developing countries and countries in transition.
• Prepares and comments on an economic outlook for developing countries, including OPEC Member Countries, for the Monthly Oil Market Report and other reports. Prepares and presents associated materials to meetings of the Economic Commission Board.
• Contributes to economic studies in support of the Department's analyses of oil demand in developing countries; monitors and assesses the impact of oil price, subsidies and taxation policies on the demand for oil.
• Builds up and pursues collaborative networks with Member Countries' and other countries' academic and business institutions to enhance pertinent data gathering and analysis.
• Participates in relevant task forces, external meetings and conferences in particular on subjects relating to analysis on and cooperation with oil consuming developing countries.

Required Qualifications/Competencies:

• University degree (advanced degree preferred) in Economics
• A minimum of eight years (six years in case of an advanced degree)
• Training/specialization in Macroeconomics, international trade and/or development economics; knowledge of applied econometrics and quantitative methods an asset; knowledge of the oil industry an asset
• Analytical/presentation skills
• Competencies: Communication skills, interpersonal skills, customer service orientation, initiative and integrity
• Language: English

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 of Petroleum Studies Department. The compensation package, including expatriate benefits, is commensurate with the level of the post.

Application Closing Date:
31st December, 2012

Method of Application
Applicants must be nationals of Member Countries of OPEC and should not be older than 58 years. OPEC has a policy of non-discrimination.

Applicants are requested to fill out the application form which can be received from their Country's Governor for OPEC.

Note: In order for applications to be considered, they must reach the OPEC Secretariat through the relevant Governor.