Market Risk Analyst - North American Crude & Freight
ExxonMobil, Spring, TX, United States
About Us
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies. We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs.
What Role You Will Play On Our Team
The Market Risk Analyst position is responsible for monitoring trading activities for compliance with Market Risk Management policies and developing and maintaining tools for Global Trading activities. You will be responsible for independently identifying, measuring, and reporting trading gross margin, exposures, and the market risk of the portfolio of transactions that are executed and owned by the Commercial organization. You will work with a dynamic, global team in a high-visibility role that provides advice to the Commercial organization on risk appetite, risk limit utilization and market risk mitigation strategies, and risk assessments and insights to senior management.
What You Will Do
Act as Market Risk focal point for front-office and senior stakeholders. Develop strong relationships with Commercial stakeholders and possess deep end-to-end understanding of Global Trading strategies, associated exposures and future growth aspirations for the trade desk supported.
Understand supply and demand fundamentals, including regional/locational price differences, fundamental drivers of changes in these spreads, historical market direction and trends/underlying fundamental causes.
Show a strong commitment to market risk management principles, including being proactive, transparent, and open to debate with Global Trading as necessary.
Independently assess and advise on risk profiles from the trade to portfolio level (e.g., risk reward trade-off, optimization of constrained risk, liquidity, market fundamentals, and market sentiment sensitivities).
Ensure adherence to mandated exposure and risk limits and provide guidance on actions to be taken to reduce risk if necessary.
Execute daily market risk processes and generate risk reports, collaborating closely with Global Trading teams to manage market risk.
Provide daily, insightful commentary of key portfolio activity including their implications for market intelligence, exposure changes, and new deal activity.
Collaborate with Global Trading support functions (e.g. Finance, Accounting) for deal support and general portfolio queries.
Ensure Global Trading data integrity by validating positions and reconciling any inconsistencies with responsible traders.
Review plan for hedging and provide support to develop Global Trading limits. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record.
Further develop and build out Risk reporting and ad-hoc analysis tools using advanced computer skills (e.g. Excel, VBA, SQL, Python, R, Tableau, Power BI).
Participate in month, quarter, and year-end closing processes.
Work closely (daily) with refinery coordinators and optimizers, product schedulers and crude traders to validate production data and trades impacting inventory positions and generate hedging signals.
About You
We are looking for a candidate who can thrive in a fast-paced environment and actively contribute to risk management best practices.
Required Qualifications
Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
2-4 years of experience in financial, energy or chemical risk management
Strong knowledge of crude oil and freight markets, as well as other energy and traded markets
Strong understanding of physical trading, derivatives, and financial products
Excellent quantitative and analytical skills
Excellent proficiency in Excel (experience with SQL or quantitative programming languages such as Python preferred)
Experience with Energy Trading Risk Management Systems
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Preferred Qualifications
Experience with Python/SQL
High level of Excel proficiency
Familiarity with trade capture and nomination / scheduling systems
Benefits
An ExxonMobil career is a long-term commitment. Our benefits focus on health, security, finance, and life. We offer:
Competitive salary
Defined Benefit Pension scheme
Share incentive plan
Private healthcare for employees and their families
More information on our company's benefits can be found at www.exxonmobilfamily.com.
Equal Opportunity Employer
ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, citizenship status, protected veteran status, genetic information, or physical or mental disability.
#J-18808-Ljbffr
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies. We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs.
What Role You Will Play On Our Team
The Market Risk Analyst position is responsible for monitoring trading activities for compliance with Market Risk Management policies and developing and maintaining tools for Global Trading activities. You will be responsible for independently identifying, measuring, and reporting trading gross margin, exposures, and the market risk of the portfolio of transactions that are executed and owned by the Commercial organization. You will work with a dynamic, global team in a high-visibility role that provides advice to the Commercial organization on risk appetite, risk limit utilization and market risk mitigation strategies, and risk assessments and insights to senior management.
What You Will Do
Act as Market Risk focal point for front-office and senior stakeholders. Develop strong relationships with Commercial stakeholders and possess deep end-to-end understanding of Global Trading strategies, associated exposures and future growth aspirations for the trade desk supported.
Understand supply and demand fundamentals, including regional/locational price differences, fundamental drivers of changes in these spreads, historical market direction and trends/underlying fundamental causes.
Show a strong commitment to market risk management principles, including being proactive, transparent, and open to debate with Global Trading as necessary.
Independently assess and advise on risk profiles from the trade to portfolio level (e.g., risk reward trade-off, optimization of constrained risk, liquidity, market fundamentals, and market sentiment sensitivities).
Ensure adherence to mandated exposure and risk limits and provide guidance on actions to be taken to reduce risk if necessary.
Execute daily market risk processes and generate risk reports, collaborating closely with Global Trading teams to manage market risk.
Provide daily, insightful commentary of key portfolio activity including their implications for market intelligence, exposure changes, and new deal activity.
Collaborate with Global Trading support functions (e.g. Finance, Accounting) for deal support and general portfolio queries.
Ensure Global Trading data integrity by validating positions and reconciling any inconsistencies with responsible traders.
Review plan for hedging and provide support to develop Global Trading limits. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record.
Further develop and build out Risk reporting and ad-hoc analysis tools using advanced computer skills (e.g. Excel, VBA, SQL, Python, R, Tableau, Power BI).
Participate in month, quarter, and year-end closing processes.
Work closely (daily) with refinery coordinators and optimizers, product schedulers and crude traders to validate production data and trades impacting inventory positions and generate hedging signals.
About You
We are looking for a candidate who can thrive in a fast-paced environment and actively contribute to risk management best practices.
Required Qualifications
Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
2-4 years of experience in financial, energy or chemical risk management
Strong knowledge of crude oil and freight markets, as well as other energy and traded markets
Strong understanding of physical trading, derivatives, and financial products
Excellent quantitative and analytical skills
Excellent proficiency in Excel (experience with SQL or quantitative programming languages such as Python preferred)
Experience with Energy Trading Risk Management Systems
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Preferred Qualifications
Experience with Python/SQL
High level of Excel proficiency
Familiarity with trade capture and nomination / scheduling systems
Benefits
An ExxonMobil career is a long-term commitment. Our benefits focus on health, security, finance, and life. We offer:
Competitive salary
Defined Benefit Pension scheme
Share incentive plan
Private healthcare for employees and their families
More information on our company's benefits can be found at www.exxonmobilfamily.com.
Equal Opportunity Employer
ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, citizenship status, protected veteran status, genetic information, or physical or mental disability.
#J-18808-Ljbffr