ExxonMobil

Market Risk Analyst - North American Crude & Freight

ExxonMobil$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or higher degree 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
  • Understanding of physical trading, derivatives, and financial products
  • Excellent quantitative and analytical skills
  • Proficient in Excel, ideally with SQL or programming experience
  • Experience with Energy Trading Risk Management Systems

Responsibilities

  • Act as Market Risk liaison for stakeholders, building strong relationships
  • Analyze supply and demand dynamics and their impact on pricing
  • Commit to proactive and transparent market risk management
  • Assess and advise on trade and portfolio risk profiles
  • Ensure compliance with exposure and risk limits, recommending remedial actions
  • Execute daily market risk processes and generate comprehensive reports
  • Provide insightful daily commentary on portfolio activities

Benefits

  • Defined Benefit Pension scheme
  • Share incentive plan
  • Private healthcare for employees and their families
Full Job Description
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

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


Your Benefits

An ExxonMobil career is one designated to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life.

We offer you:
  • 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.

Please note benefits are subject exclusively to the terms of each plan's governing documents and may be changed from time to time without notice, subject to applicable law.

About ExxonMobil

ExxonMobil is an international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. It uses innovation and technology to deliver energy to a growing world. The company explores for, produces, and sells crude oil, natural gas and petroleum products.

ExxonMobil Careers

Join ExxonMobil, a global leader in the energy sector, and be part of a team that values innovation, leadership, and diversity. At ExxonMobil, we offer unparalleled job opportunities and a culture that fosters growth and professional development. Work You’ll Do At ExxonMobil, we are committed to providing the energy that powers the world. Join our team to help tackle some of the most challenging and important energy issues of our time. You will work alongside some of the brightest minds in the industry, using cutting-edge technology to innovate, improve, and lead in the energy sector. Transform the Industry Lead the way in energy solutions with ExxonMobil’s team of dedicated professionals. Our commitment to innovation and technology makes us a leader in the energy industry. With projects and operations around the globe, your work at ExxonMobil will help shape the future of energy. Explore Career Opportunities Whether you are looking for an internship, a graduate opportunity, or a professional position, ExxonMobil has a variety of roles to suit your skills and ambitions. We are hiring in multiple disciplines including engineering, business, IT, and more. Develop Your Skills ExxonMobil believes in nurturing talent and leadership through rigorous training and development programs. Enhance your skills with our comprehensive training modules and gain invaluable experience that will propel your career forward. Be Part of a Diverse Team Diversity and inclusion are at the heart of our company culture. At ExxonMobil, we embrace the unique perspectives and capabilities of our team members to drive innovation and success. Join us and contribute to a diverse workplace that values each individual’s contribution. Benefits and Growth ExxonMobil offers a competitive package of benefits designed to support the health, well-being, and financial security of our employees and their families. Opportunities for growth and advancement are abundant, as we believe in fostering internal talent and promoting from within. Networking and Professional Development Expand your professional network and connect with industry leaders through ExxonMobil’s global events and networking opportunities. Our collaborative environment supports career growth and exploration. Applying at ExxonMobil Ready to advance your career at ExxonMobil? Explore open positions that match your skills and interests on our careers page. Prepare your resume, sharpen your interview skills, and get ready to join a company that values hard work and innovation. Stay Connected Keep up to date with the latest from ExxonMobil Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new job openings, company news, and insider tips that can help you succeed in your career journey. Join ExxonMobil today and be part of a team that is dedicated to creating a better future through energy solutions that are safe, reliable, and responsible. Explore the opportunities and find out how your skills and passions can contribute to our mutual success.
Learn more about ExxonMobil
Size
63,000 employees
Market Cap
$442 billion
Industry
Net Income
-$22.4 billion
Founded
1870
5 Year Trend
+6.6%
Revenue
$178.5 billion
NASDAQ

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