Director of Economics

Findlay, Ohio

Houston, Texas

Full time

An exciting career awaits you

At MPC, we're committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.

Summary Marathon Petroleum is looking for an economics director to join our team. The Economics team uses economic, petroleum and other energy data along with market fundamentals, economic and statistical modeling, and economic theory to provide original market insight and produce quantitative and qualitative short and long-term forecasts. The team communicates its insights, forecasts, and analysis to senior executives, business development, finance, commercial operations and other organizations to enhance strategic and tactical decision-making throughout the business.

This role reports to the Chief Economist and may be based out of Findlay, OH or Houston, TX.Anticipated travel for this role is: 10% - 20%

• Manages and leads a team of high-performing economists.
• Oversees the day-to-day development and communication of corporate industry and macroeconomic forecasts from the Economics team.
• Provides market data, analytical assessment of current and future market dynamics, competitive activity assessments, optimization support and strategic counsel to business partners throughout the company.
• Works with compliance, government affairs, refining, business development, and other organizations to align corporate views on energy markets, regulatory policy, and new projects for capital investment.
• Evaluates statistically robust and scientifically rigorous economic models to forecast market demands, commodity prices, operational margins and other quantitative deliverables; recommends improvements to drive best practices.
• Coordinates corporate scenario planning efforts including critical risk identification, sensitivity analysis, and scenario evaluations.
• Strategically manages process