Senior Staff Economist (Upstream)

Shell
Houston - United States
S: Competitive

Job Description

This economics role is responsible for optimizing valuation and decision quality for opportunities, supporting achievement of operational performance unit targets, and helping to re-focus the portfolio through selective acquisitions, divestments, and other commercial deals. Economic roles are key enablers to achieve Shell's corporate objectives and ensure high quality economic evaluations, decision analysis, and commercial insights. The ultimate objective and challenge of this position is providing advanced economic evaluations while mentoring and coaching junior staff to do the same and simultaneously improving the economic and commercial discipline and influencing decision effectiveness.

Leading projects in 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 evaluation
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
Validating and assuring the economic support provided by junior staff to facilitate clear decision making on the development, portfolio and commercial opportunity sets that arise
Mentoring and coaching junior staff and helping them realize the economist value proposition and establish, maintain, and enhance robust overall economic and commercial competencies
Providing expert economic and commercial guidance to clients via the implementation of standards, guidelines, and best practices
Contributing to the Upstream Americas Economics Community through Subject Matter Expert roles and associated discipline improvement initiatives in addition to being part of the global economic community working to ensure appropriate integration and standardization of economic evaluation elements

Requirements
Must have legal authorization to work in the US on a full-time basis for anyone other than current employer
Bachelors degree in Engineering, Geoscience, Economics, Finance, or Business
15+ years of direct, relevant experience in Upstream Exploration and Production
Understanding of the key principles of Decision Quality and experience applying them to investment decisions
Significant hands-on experience with complex economic evaluations and decision analysis
Experience in preparing business plans and knowledge of the business plan process
Track record of successful performance in a highly dynamic working environment
Demonstrated experience spanning the diversity of Upstream business investment decisions
Experience as a coach/mentor and proven people development skills
Demonstrated ability to manage and align stakeholders
Superior quantitative literacy skills and strong communication skills
Strong experience with Microsoft Excel (VBA an advantage), economic modeling (PEEP preferred), and decision and risk analysis packages (@Risk, Ptree)

Job summary