Senior Economist

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 an