Senior Specialist, Model Development & Analytics
Job Id 22322 Category Strategy & Performance United Arab Emirates Company Name ADNOC HQ Abu Dhabi 05/01/2024
JOB DESCRIPTION
Job Purpose:
• Execute the development, implementation and continuous refinement of advanced optimization models to enhance efficiency, profitability and growth across the integrated value chain.
• Leverage the latest modeling techniques and industry and process knowledge to ensure models’ performance, accuracy and integration with existing systems through collaboration with a range of internal and external stakeholders and staying at the forefront of technological advancements.
• Promoting model adoption, managing compliance, and driving continuous improvement.
• Review the value chain optimization programs of all relevant business line group companies in close coordination with respective optimization committees ensuring the highest value generation within the framework of the respected shareholder agreements.
Key accountabilities:
• Design and implement optimization models for the integrated value chain, focusing on maximizing efficiency and profitability.
• Continuously refine the models based on evolving business needs, operational feedback, and market changes.
• Collaborate with Technology, relevant vendors and IT to ensure model compatibility with existing systems and data structures.
• Validate model outputs and conduct sensitivity analyses to assess the impact of variable changes on model predictions.
• Develop and implement a framework for monitoring, evaluating and reporting the performance of models.
• Ensure that all models comply with relevant regulations, policies, and standards.
• Lead and participate in cross-functional teams to thoroughly understand business processes and requirements, working closely with divisions and group companies.
• Regularly research and integrate the latest advancements in modeling and optimization techniques, software, and algorithms to maintain the cutting-edge effectiveness of the models.
• Foster a culture of innovation and continuous improvement, exploring new data sources, modeling techniques, and technologies.
• Review & support in the preparation, review and challenge of annual plans, five year business plan with due respect to market conditions, assets performance and synergies across all related assets.
• Develop high level multi site economic scenarios ensuring integration with ADNOC’s upstream and downstream assets within & across countries.
• Coordinate with multiple stakeholders like refinery supply chain teams, respective marketing, Finance teams and ADNOC marketing and trading to get the required inputs to develop optimum plans.
• Provide views on ADNOC group companies’ annual, five-year business plans related to feed stock, products volume, marketing, profitability to ensure alignment with corporate business plans.
• Review planned turnaround schedule, identify improvement opportunities, and provide timely input to the refining, petrochemical operations, technical team for best timing and optimal slate. This critical input facilitates productive, collaborative work environment paving the path to operations excellence.
• Deliver required support in evaluating proposals for plant modification, improvements and debottlenecking using the LP tools. Provide all necessary inputs to the management in taking the investment decisions.
• Deliver required support in audits, benchmarking studies and in the implementation of recommendations to enhance competitiveness and profitability.
• Liaise with respective assets owners and ensure updated LP and simulation models across value chain.
• Liaise and perform simulations with respective asset owners for incorporating new technology units, catalyst developments and other value drivers.
• Provide analysis on latest trends in digitisation, Artificial Intelligence and industry developments.
Minimum Qualifications:
• Bachelor degree in chemical / mechanical / petroleum engineering or equivalent.
• 8-10 years of relevant experience within refining, petrochemical or gas processing plant operations.
• Academic and/or professional certification and training in modelling and optimization.
• 10 years of relevant experience within model development and optimization.
• 5 years of relevant experience within Refining, Petrochemical or Gas business.
• High level of relevant technical knowledge and application.
Location Abu Dhabi, United Arab Emirates Location Abu Dhabi, United Arab Emirates Location Abu Dhabi, United Arab Emirates Location Abu Dhabi, United Arab Emirates Location Abu Dhabi, United Arab Emirates Location Abu Dhabi, United Arab Emirates Category Business Support & Commercial Location Abu Dhabi, United Arab Emirates Category Other Location Andaman and Nicobar Islands, India Category Other Location Abu Dhabi, United Arab Emirates Category Projects, Engineering & Operations Location Abu Dhabi, United Arab Emirates Category Projects, Engineering & Operations
