Market Risk Analyst - Cross Commodity
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. Learn more about our What and our Why and how we can work together.
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, collaboratively 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
Skills and Qualifications
2-4 years of experience in financial, energy or chemical risk management
Strong knowledge of crude oil, refined products, natural gas, and/or 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, SQL, and quantitative programming languages such as Python
Experience with Energy Trading Risk Management Systems
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
Preferred Qualifications/Experience
Experience with Python/SQL
High level of Excel proficiency
Familiarity with trade capture and nomination / scheduling systems
Your Benefits
Pension Plan: Enrollment is automatic and at no cost to you. The basic benefit is a monthly annuity to be paid to you in retirement for the rest of your life.
Savings Plan: You can contribute between 6% and 20% of your pay and are encouraged to enroll right away. If you contribute at least 6% to your savings plan, the Company will contribute a 7% match.
Workplace Flexibility: We have several programs such as “Flex your Day”, providing ad‑hoc flexibility around when and where you work, as well as longer‑term programs such as leaves of absence and part‑time work. Comprehensive medical, dental, and vision plans.
Culture of Health: Programs and resources to support your wellbeing.
Employee Health Advisory Program: Provides confidential professional counseling for you and your family, including tools and resources promoting mental health and resiliency at no additional cost to you.
Disability Plan: Income replacement for when you cannot work due to illness or injury occurring on or off the job. Enrollment is automatic and at no cost to you.
More information on our Company's benefits can be found at www.exxonmobilfamily.com. Please note benefits may be changed from time to time without notice, subject to applicable law.
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.
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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. Learn more about our What and our Why and how we can work together.
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, collaboratively 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
Skills and Qualifications
2-4 years of experience in financial, energy or chemical risk management
Strong knowledge of crude oil, refined products, natural gas, and/or 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, SQL, and quantitative programming languages such as Python
Experience with Energy Trading Risk Management Systems
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
Preferred Qualifications/Experience
Experience with Python/SQL
High level of Excel proficiency
Familiarity with trade capture and nomination / scheduling systems
Your Benefits
Pension Plan: Enrollment is automatic and at no cost to you. The basic benefit is a monthly annuity to be paid to you in retirement for the rest of your life.
Savings Plan: You can contribute between 6% and 20% of your pay and are encouraged to enroll right away. If you contribute at least 6% to your savings plan, the Company will contribute a 7% match.
Workplace Flexibility: We have several programs such as “Flex your Day”, providing ad‑hoc flexibility around when and where you work, as well as longer‑term programs such as leaves of absence and part‑time work. Comprehensive medical, dental, and vision plans.
Culture of Health: Programs and resources to support your wellbeing.
Employee Health Advisory Program: Provides confidential professional counseling for you and your family, including tools and resources promoting mental health and resiliency at no additional cost to you.
Disability Plan: Income replacement for when you cannot work due to illness or injury occurring on or off the job. Enrollment is automatic and at no cost to you.
More information on our Company's benefits can be found at www.exxonmobilfamily.com. Please note benefits may be changed from time to time without notice, subject to applicable law.
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.
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