Commercial Analyst

Job Description

The Department of Natural Resources, Division of Oil & Gas, is recruiting for multiple Commercial Analysts in Anchorage, Alaska.

What You Will Be Doing:
The Department of Natural Resources, Division of Oil and Gas, is recruiting for a full-time permanent Exempt Commercial Analyst. This position is located in Anchorage and offers the opportunity to work with highly skilled staff.

This position works within the division's multi-discipline team of commercial analysts, engineers, geologists, geophysicists, and land managers, and performs evaluation options, formulates strategies, and recommends actions to maximize the value of the state's oil and gas resources. This position will also have considerable autonomy to identify and pursue opportunities both for maximizing the state's value in, and competition for, state oil and gas resources. A significant feature of the job is the opportunity to advise and assist the Division of Oil and Gas director and DNR commissioner in shaping oil and gas policy for the state.

Mission and Values/Culture:
The mission of the Department of Natural Resources is to develop, conserve, and enhance natural resources for present and future Alaskans.

The Division of Oil and Gas strives for a diverse and inclusive workforce where safety and well-being are paramount and employees at all levels promote a culture where everyone is valued, treated equitably, and treated respectfully.

The Commercial Section maximizes the value of the State's natural resources through strategic financial analysis, protecting the State's interests through negotiation and contracts, risk management, and policy development. We use our diverse professional experiences and technical skills to maintain a comprehensive view of Alaska's oil and gas industry, providing analysis and support to our leadership and to public policymakers.?

Core Responsibilities:

• Examining the performance of existing and proposed royalty settlement agreements;

• Developing negotiating strategies for settlement reopeners;

• Analyzing proposed legislation and regulations to understand potential impacts on the oil and gas sector;

• Evaluating opportunities to sell royalty oil and gas in kind,

• Evaluating proposals to modify royalty terms in order to make an oil and gas project economic;

• Assessing the effectiveness and efficiency of proposed fiscal measures on oil and gas development incentives;

• Developing commercial terms for the state's periodic lease sales;

• Developing valuation regulations to clarify state royalty policy;

• Developing and negotiating appropriate bonding measures to ensure performance of lease obligations

• Manage and mitigate commercial risks to the State

Benefits of Joining Our Team:
The Commercial team is a small team from diverse professional backgrounds tasked with maximizing the economic value of Alaska's resources. We work collaboratively on negotiations, regulatory reviews, and policy development and analysis. We offer the opportunity to engage in meaningful, substantive, and highly impactful projects, as well as the opportunity to be part of a multi-disciplinary team that constantly learns from each other.

The Working Environment You Can Expect:
The position is located on the 11th floor of the Atwood Building. Our office is located in the heart of downtown Anchorage, within walking distance of eateries, local shopping, and the Coastal Trail.

The desired KSAs and competencies include the following:
• Negotiation, contracts, cash flow analysis, and economic modeling

• The ability to analyze the commercial and market structure implications of laws, regulations, and contract provisions.

• A thorough knowledge of at least one of the following is required: economic modeling, upstream oil and gas processes, petroleum engineering, oil and gas accounting, or oil and gas law.

• Excellent analytical and communication skills; proven team leadership; demonstrated ability to achieve results; and proven ability to balance multiple tasks and responsibilities

• A college degree(s) in a field related to the commercial behavior of firms in the oil and gas industry (e.g., Economics, Business Administration, Accounting, Engineering, or Natural Resource Management) and a minimum of three years of experience in the oil and gas industry is required.

• Those possessing an advanced degree and particularly strong quantitative skills but lacking the required experience may be considered. Additionally, those possessing a J.D. with significant experience in the commercial aspects of oil and gas may be considered.

Click here to learn more about working for the Division of Oil & Gas.
** Please read the information below carefully. **
At the time of application, the applicant must attach the following items as individual documents; failure to provide the requested documentation may result in non-consideration. If you are unable to attach documents, please email the contact listed below. Required documents include:

• Cover letter - see instructions below.

At the time of the interview, please ensure that you provide the following materials. Failure to do so may result in loss of consideration. Required documents include:

• A list of three professional references, which includes daytime telephone numbers, at least one being from a current or former supervisor.

• A professional writing sample authored by the applicant.

• Resume.

SPECIAL NOTICES

• This position may require occasional travel.

Application Notice
You can ONLY apply for this position through the Workplace Alaska website or by submitting a paper application. Instructions on how to apply can be found on the Workplace Alaska How to Apply webpage (link). Your application must be received by 5:00 p.m. Alaska Standard Time on the closing date.

Cover Letter
A cover letter is required for this position. The letter should address how you meet the required skills. Highlight your knowledge, skills, abilities, education, and experience as they pertain to the key responsibilities of this position. Your cover letter will help determine which applicants advance to the interview phase of the recruitment process.

Education
If post-secondary education is required to meet the minimum qualifications, you must fill out the Education section of the application. If you have not yet obtained a degree, please indicate the units you have completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position.

Special Instructions for Foreign Education
Education completed at foreign colleges or universities may be used to meet the minimum qualifications listed above. If using this education to meet minimum qualification requirements, you must demonstrate that the credentials have been submitted to a private organization specializing in interpreting foreign educational credentials and that such education has been deemed at least equivalent to that gained in standard U.S. education programs. Alternatively, an accredited U.S. post-secondary institution must report that the other institution's transcript is given full value or that full value is recognized in relevant subject areas aligned with the post-secondary institution's curricula. It is your responsibility to provide this evidence when applying.

Work Experience
If using work experience not already documented in your application, also provide the employer's name, job title, employment dates, and whether full or part-time. Applications will be reviewed to determine whether the responses are supported and whether the minimum qualifications are met. If they are not, the applicant may not advance to the recruitment interview and selection phase.

Note: Attaching a resume is not a substitute for completing the application in its entirety. Noting, "see resume" or any similar response on any portion of your application may lead to a determination that your application is incomplete and removal from consideration for this job posting.

Please ensure your application (through work history, training, education, licenses, certifications, etc.) supports/demonstrates that you possess the minimum required competencies for the job class.

EEO STATEMENT
The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities who require accommodation, auxiliary aids or services, or alternative communication formats should call 1-800-587-0430 or (907) 465-4095 in Juneau or TTY: Alaska Relay 711 or 1-800-770-8973 or correspond with the Division of Personnel & Labor Relations at P.O. Box 110201, Juneau, AK 99811-0201. The State of Alaska is an equal opportunity employer.
If you choose to be contacted by email, please ensure that your email address is correct on your application and that your spam filter will permit emails from the governmentjobs.com domain.

Workplace Alaska Application Questions & Assistance
Questions regarding application submission or system operation errors should be directed to the Workplace Alaska hotline at 1-800-587-0430 (toll-free) or (907) 465-4095 if you are in the Juneau area. Requests for information may also be emailed to recruitment.services@alaska.gov.

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For specific information about this position, please get in touch with the hiring manager at the following:

Ryan Fitzpatrick
Commercial Manager
Phone: 907-269-8801
Email: ryan.fitzpatrick@alaska.gov