Lead Power Quantitative Risk Modeler

Exxonmobil; England; Vor Ort; GBP 90.000 - 140.000; Vollzeit

Benefits dieser Stelle

Generous relocation allowance

Pension plan (Defined Benefit)

Share incentive plan

Private healthcare for employees and 1

Gym access at UK sites

Zusammenfassung

ExxonMobil is seeking a highly qualified Quantitative Risk professional to support Upstream Gas & Power and Downstream Crude & Products trading activities. The role focuses on developing valuation models, risk systems, and hedging strategies across energy markets.

You will work with Python, R, MATLAB and SQL, applying advanced statistics and Monte Carlo techniques to optimize risk controls and asset valuations for a dynamic trading environment.

Qualifikationen

• Advanced degree in a STEM or business discipline with strong quantitative focus.
• Experience/knowledge of Power markets and energy commodities.
• Solid understanding of option theory, Monte Carlo methods and optimization.
• Knowledge of energy and carbon markets, origination, trading strategies and risk management.

Aufgaben

• Develop and maintain quantitative valuation models for Power markets.
• Develop and maintain risk models for Trading Strategies, Risk Management, and Forward Curve simulations.
• Analyze structured deals to support asset valuations and hedging strategies.
• Apply statistical analysis to scenario analysis and stress testing.
• Model volatilities and correlations (historical and implied).
• Suggest improvements to risk models and communicate recommendations to stakeholders.
• Collaborate with Management, Traders, Originators and Risk Management teams.

Kenntnisse

Power markets

Quantitative analysis

Option theory

Statistical modeling

Programming (Python, R, MATLAB)

SQL programming

Ausbildung

Master/MBA/PhD in Finance/Economics/Statistics/Math/Engineering/CS

Tools

Endur

Allegro

Tableau

Jobbeschreibung

About us

At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. 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 in our team

We are looking for qualified and highly experienced individuals with strong credentials to support and advance ExxonMobil’s Risk Management function. A member of the Quantitative Risk team which is part of the Trading Risk & Compliance organization, the successful candidate will help support ExxonMobil’s Upstream Gas & Power as well as Downstream Crude & Products trading activities.

What you will do

• Develop, validate, maintain quantitative valuation models of Power markets.
• Develop, validate, maintain and support risk management models for Trading Strategies, Risk Management, Real Options Valuation, and Simulation of Forward Curves.
• Conduct quantitative analysis of structured deals to support market-based asset valuations and design hedging strategies.
• Apply advanced statistical analysis into the design, analysis, implementation, and refinement of scenario analysis and stress test methodologies and tools.
• Model and estimate volatilities and correlations, both historical and implied.
• Provide recommendations for improvement and enhancement of risk management models
• Effectively communicate recommendations on complex topics to a variety of constituents, including Management, Traders, Originators and Risk Management.
• Work on Quantitative Analysis topics as required based on evolving needs of this dynamic Risk organization

About you

We are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications:

Skills and Qualifications

• Advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
• Experience/knowledge of Power markets
• Highly experienced in Energy Quantitative Risk, Structuring, or Risk Analysis in Energy Commodities and Marketing: crude oil, refined products, power, natural gas, LNG, renewables, environmental products etc.
• Solid understanding of option theory (Option Greeks etc.), Monte Carlo simulation techniques (i.e., PCA) and mathematical optimization methods (i.e., Dynamic Programming).
• Knowledge of global/domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
• Proficiency in Python, R, MATLAB, or other programming languages. Additionally programming in SQL.
• Credit Risk Modeling experience is a plus.

Preferred Qualifications/ Experience

• Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro etc.) and experience with Tableau or comparable Analytics platforms is a plus.

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 starting salary
• Generous resettlement allowance
• Defined Benefit Pension scheme
• Share incentive plan
• Private healthcare for employees and their families
• Free Gym at most UK sites

Please note benefits may be changed from time to time without notice, subject to applicable law.

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Functional Skills

Energy Commodity & Derivative Trading

Energy Risk Analysis & Mitigation

Econometric Analysis

Market Pricing Mechanisms

Financial Markets Execution