Senior Economist

PBF Energy

Martinez, CA

JOB DETAILS
SALARY
$101,702.39–$180,479.24 Per Year
LOCATION
Martinez, CA
POSTED
30+ days ago
Senior Economist PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities. We have an opportunity at our Martinez Refinery in California and are seeking a talented Senior Economist to join our team as a pivotal member that would play a key role here at PBF Energy. As the Senior Economist, you are the primary owner of the refinery's economic framework. You are accountable for the economic logic used in annual business plans, long-range strategic outlooks, feedstock selection, and capital project evaluations. This role functions as the site’s technical authority on margins, translating market volatility into actionable operational plans. It is designed for a senior expert who wants to drive the financial direction of a high-complexity refinery through technical leadership and cross-functional influence. Job Responsibilities May Include: Margin Improvement: Lead refinery-wide margin improvement by directing complex economic analyses, Linear Programming (LP) studies, and project justifications. Strategic Business Planning: Own the development and validation of oil flow and margin projections for the annual business plan and multi-year strategic outlooks. Operational Planning: Develop and issue the rolling 90-day operating plan on a monthly basis to align refinery execution with shifting market opportunities. Regulatory & Market Strategy: Architect business strategies to meet environmental regulations, providing the definitive economic basis for preferred project options. Systems Optimization: Manage the integration of market pricing into advanced controllers and on-line optimizers in collaboration with the Controls group. Strategic Direction: Provide expert economic direction to Operations Support, Commercial, and Process Engineering teams regarding long-term strategy and constraint removal. Commercial Challenge: Interpret PADD 5 constraints and market indicators to provide a rigorous technical challenge to Trader price and volume forecasts. LP Stewardship: Serve as the site expert for LP configuration and data management. You will own the integration of site constraints and the management of input files while partnering with the corporate modeling group responsible for back-end vector development and maintenance. Refinery-Wide Mentorship: Share your expertise across all departments to elevate the site’s collective understanding of economic modeling, market dynamics, and LP optimization. Position Specific Requirements: Participate in the refinery on-call duty rotation schedule for E&P for off-hours support. During periods of abnormal operation specifically related to gasoline blending, occasional after-hours consultation with the Operations Shift Teams is expected. Candidate must have active TWIC card or be able to obtain a TWIC card. Information can be found at https://www.tsa.gov/for-industry/twic Minimum Qualifications: Bachelor's degree in Engineering or a related field. 10 years of experience in an oil refinery in Economics & Planning, Technical Services (Operations Support / Process Engineering), or relevant operational roles.

Preferred Qualifications:

Degree in Chemical Engineering. Advanced Degree (MS, MBA, or PhD) Prior experience as a Refinery Economist. Advanced proficiency in refinery LP software. ONLY CANDIDATES MEETING THE ABOVE REQUIREMENTS WILL BE CONSIDERED FOR SERIOUS CONSIDERATION, PLEASE INCLUDE YOUR SALARY REQUIREMENTS Martinez Refining Company LLC, a PBF Energy Subsidiary, offers our employees highly competitive total compensation and benefits packages. Benefits include: 401(k) plan with company match Pension Plan Medical, dental, vision plans and Flexible Spending Accounts Life insurance, short- and long-term disability Paid Time Off, Paid Parental Leave and tuition reimbursement Additional voluntary benefits are offered at group discounts. The salary range for this position is $101,702.39 - $180,479.24. The compensation range listed in this posting is in compliance with applicable state law. Factors such as scope and responsibilities of the position, candidate’s work experience, education/training, job-related skills and internal peer equity will be considered in determining the selected candidate’s compensation. In addition to salary, PBF offers a comprehensive and generous benefits package. We thank all respondents for their interest in PBF Holding Company LLC (“PBF Energy”), however, only those selected for an interview will be contacted. Please no phone calls or emails to any employee of PBF Energy about this requisition. Placement agencies or recruiters need not respond. All resumes submitted by search firms to any employee of PBF Energy via email, the Internet or in any method without a valid written search agreement will be deemed the sole property of PBF Energy. No fee will be paid in the event the candidate is hired by PBF Energy as a result of the referral or through other means. PBF Energy is an equal opportunity employer. We are committed to creating a diverse, inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex, gender, gender identity or expression, sexual orientation, reproductive health decision making, national origin, ancestry, genetic information, physical or mental disability, medical condition, marital status, age, veteran and military status, or any other status protected by applicable law. We are committed to providing reasonable accommodations as required by law. #LI-DG1 About Us Welcome to PBF Energy (NYSE: PBF), one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. Our subsidiaries own and operate refineries located in California, Delaware, Louisiana, New Jersey, and Ohio. For more information on our companies, please visit our website at http://www.pbfenergy.com/.

About the Company

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PBF Energy

PBF Energy (“PBF”) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States.

PBF currently owns and operates six domestic oil refineries and related assets with a combined processing capacity, known as throughput, of over 1,000,000 bpd, and a weighted average Nelson Complexity Index of 12.8.

PBF Energy’s refineries are located in California, Delaware, Louisiana, New Jersey and Ohio. Our newest refinery is located in Martinez, California and processes a blend of domestic and international feedstocks to produce a high-value product slate. Martinez has a nameplate crude capacity of 157,000 barrels per day with a Nelson Complexity of 16.1.  PBF’s other California refinery is located in Torrance, California and processes a blend of primarily heavy and medium crudes to produce a high-value product slate.  The Torrance refinery has a nameplate crude capacity of 155,000 barrels per day with a Nelson Complexity index of 14.9.  The Chalmette refinery was acquired by PBF Energy in 2015 and is located just outside of New Orleans, Louisiana. Chalmette is a 189,000 barrel per day, dual-train coking refinery with a Nelson Complexity of 12.7 and is capable of processing both light and heavy crude oil. The facility is strategically positioned on the Gulf Coast with strong logistics connectivity that offers flexible raw material sourcing and product distribution opportunities, including the potential to export products.  Our East Coast refineries, at Delaware City and Paulsboro, have a combined refining capacity of 370,000 bpd and Nelson Complexity Indices of 11.3 and 13.2, respectively. These high-conversion refineries process primarily medium and heavy, sour crudes and have historically received the bulk of their feedstock via ships and barges on the Delaware River but have the capability to receive crude shipments via rail into crude rail unloading facilities at our Delaware City refinery. Our Midcontinent refinery, at Toledo, processes light, sweet crude, has a throughput capacity of 170,000 bpd and a Nelson Complexity Index of 9.2. The majority of Toledo’s WTI-based crude is delivered via pipelines that originate in both Canada and the United States. Since our acquisition of Toledo in 2011, we have added additional truck and rail crude unloading capabilities that provide feedstock sourcing flexibility for the refinery and enables Toledo to run a more cost-advantaged crude slate.

COMPANY SIZE
2,500 to 4,999 employees
INDUSTRY
Chemicals/Petro-Chemicals
FOUNDED
2010
WEBSITE
http://www.pbfenergy.com