Economics Team Lead

Shell
Houston, TX or Calgary, AB - United States
S: Competitive

Company Description

Shell has been operating in the United States since 1912. We believe that our people are our greatest asset and that is why we invest heavily in our employees. Our industry-leading development programme helps unlock your potential and will see you work with an unrivalled pool of local and global experts. We will make sure that your ideas will travel through our global network of experts. In the United States, Shell is a major oil and gas producer in the deepwater Gulf of Mexico, a recognized innovator in oil and gas exploration and production technology and one of America's leading oil and gas producers, fuel and natural gas marketers and petrochemical manufacturers. We operate in 50 states and employ more than 22,000 people delivering energy in technically innovative ways.

Job Description

The Economics Team Lead will provide leadership of a functional team that aims to enable quality business decisions by serving as "champions of value”, decision analysts, and trusted advisors throughout project maturation and delivery.

Responsible to provide:

Quality economic evaluations
Robust and fit-for-purpose uncertainty and risk analysis (decision analysis support)
Effective and timely challenge, guidance, and support in making quality investment decisions
Development of the overall skills & competencies of the functional team

Economists are integral members of multidiscipline teams with specific project and business promises, and also serve on a functional team working to improve collective capabilities. They are distributed to the project teams they support, but report up through the Economics and Commercial organization. Economist work products include generation of the numbers and insights required for strategic direction setting, annual business planning activities, portfolio evaluations, and individual investment decisions.

Responsibilities:

Lead a team of ~4-8 in Houston, TX or Calgary, AB and assure the economic support provided by direct reports to facilitate clear decision making on the development, portfolio, and commercial opportunity sets that arise

Mentor and coach direct reports to develop staff, help them realize the economist value proposition, and establish, maintain, and enhance robust overall economic and commercial competencies

Provide expert economic and commercial guidance to clients & direct reports via the implementation of standards, guidelines, and best practices

Ensure delivery of high quality, cost effective, comprehensive, timely, and professional economics products and services

Provide advice to Venture and Project leaders/internal partners on economics strategies for investments, negotiations, agreements, and business planning

Develop, implement, maintain, and grow economic and commercial capabilities to support decision analysis amongst direct reports, within the greater economic community, across the asset teams, and with decision makers

Balance staff workloads according to capacity and capability, while ensuring customers have prioritized and efficient access to required economic team resources

Balance cost, speed, and quality of economic products to match specific decision

Provide steer and necessary collaboration on complex evaluations and decision support, including preparation of bid and commercial strategies (e.g. Value of Information, data room acquisition, acreage acquisition, government/environmental influence, technology portfolio)

Manage decision framing and valuation support for a large portfolio of development opportunities requiring extensive and specialized risk and uncertainty analyses

Requirements:

Must have legal authorization to work in the US or Canada on a full-time basis for anyone other than current employer

Bachelors degree in Engineering, Geoscience, or Business

10+ years of direct experience in significant and complex economic evaluations and decision analysis

Demonstrated experience spanning the diversity of business investment decisions

Track record of successful leadership in a highly dynamic working environment

Advantage to experienced coach/mentor with solid people development skills

Superior quantitative literacy skills and strong communication skills

Excellence with Microsoft Excel (VBA an advantage) and experience in economic modeling (PEEP preferred) and decision and risk analysis packages (@Risk, Ptree)

Possible work locations include Houston, TX, USA or Calgary, AB, Canada

Job summary