Power Originator

Exxon Mobil Corporation; Greater London; On-site; GBP 90,000 - 150,000; Full time

Job summary

ExxonMobil invites you to contribute to optimized power trading strategies and asset utilization. The Originator will focus on short-term optimization across production sources, storage and terminals, coordinating with Trading, Origination and Risk teams to maximize value while ensuring regulatory compliance.

The role requires experience in power origination, structure products, and running tenders within European markets, with a strong emphasis on risk management and value capture.

Qualifications

• Power origination experience in NW European markets (UK, BE, NL, DE, IT).
• Experience originating and executing structure products (e.g., Spark-Spread options).
• Generating third-party flow business and running competitive tenders for gas/power.

Responsibilities

• Optimize asset utilization by developing and executing short-term strategies for power.
• Coordinate deal implementation with Trading, Origination and Risk teams in ETRM and related systems.
• Manage short-term events and disruptions, adjusting plans to maintain value capture and minimize risk.
• Support commercial readiness by preparing analysis, toolkits and materials for trading strategies.
• Interface with legal/tax/credit to facilitate deal review and approval processes.
• Ensure compliance with regulatory and internal control requirements for portfolio activities.
• Monitor portfolio performance and report variances against plan, recommending corrective actions.

Skills

Power origination

Structure products

Third-party flow

Tendering large gas/power

Asset optimization

European markets knowledge

Power trading capabilities

Tools

ETRM systems

Job description

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.

Job Role Description

The Originator develops and executes optimized strategies to maximize value from ExxonMobil’s power trading assets, including production sources, 3rd party volumes, flexible contracts, storage, pipelines, and receiving terminals. This role focuses on short-term optimization and execution, ensuring compliance with contractual and physical constraints while capturing incremental value opportunities

Job Role Responsibilities

• Optimize asset utilization by developing and executing short-term strategies for power.
• Coordinate deal implementation with Trading, Origination, and Risk teams, including setup in ETRM and related systems
• Manage short-term events and disruptions, adjusting plans to maintain value capture and minimize risk
• Support commercial readiness by preparing analysis, toolkits, and materials for trading strategies and portfolio decisions
• Interface with functional support groups (e.g. legal, tax, credit) to facilitate deal review and approval processes
• Ensure compliance with regulatory and internal control requirements for all portfolio activities
• Monitor portfolio performance and report variances against plan; recommend corrective actions as needed

Preferred Experience

• Power Origination experience in north-west European markets (UK, BEL, NL, DE, IT)
• Experience originating and executing structure products, for example: Clean-Spark-Spread Options, gas-to-power tolling agreements, virtual energy storage products etc.
• Generating third=party flow business
• Running competitive tenders for large gas and power supply
• Asset optimization oversight
• Familiary with European Capacity Markets / Ancillary Service Markets
• Experience building new power trading capabilities/ implementing and operationalizing new trading structures

Alternate Location

Conditions of Employment

• Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure;
• satisfactory employment references over five years (where applicable);
• verification of qualifications, including any professional accreditation stated in the application;
• completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies;
• and the legal right to work on the agreed commencement date.

Equal Employment Opportunity Policy

ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.

Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.

Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.