Global Trading Market Risk - Product Control Advisor

Exxon Mobil; Bengaluru; On-site; INR 1,800,000 - 2,500,000; Full time

Job summary

ExxonMobil is seeking a Product Control Advisor in Bengaluru, India. This critical role supports Global Trading by ensuring accurate valuation, risk measurement, and adherence to market risk standards. The ideal candidate will possess over 10 years of experience in petrochemical trading, and strong analytical capabilities are essential.

Responsibilities include serving as a technical expert, conducting risk assessments, and utilizing quantitative methods to advise on market risk. Preferred qualifications include a Bachelor's degree in a relevant field.

Qualifications

• 10+ years of experience in petrochemical trading, financial or energy risk management.
• Strong analytical skills, and knowledge of financial instruments.
• Experience with derivatives and risk evaluation techniques.

Responsibilities

• Serve as primary expert for Product Control matters.
• Independently assess and advise on risk profiles.
• Utilize quantitative methods for risk measurement.

Skills

Attention to detail

Analytical skills

Leadership

Communication skills

Education

Bachelor's degree in Quant Finance, Business Economics, Computer Science, Finance, Management

Tools

ERP/ETRM platforms (e.g., SAP, Endur, Allegro)

Market data platforms (e.g., Bloomberg, Trading Technologies)

Job description

Job Description

The Global Trading Market Risk - Product Control Advisor plays a critical role in supporting Global Trading (GT) by ensuring accurate valuation, risk measurement, exposure monitoring, and adherence to Global Trading and Market Risk standards and policies. This role provides independent oversight of P&L captures, market risk exposures, and portfolio performance for transactions executed by Trading Organization. Operating at the intersection of GT, Market Risk, and Finance, this position requires deep subject‑matter expertise in commodity markets, complex derivatives, valuation methodologies, and ETRM systems. The Advisor is expected to deliver high‑impact insights, proactively identify emerging risks, and strengthen the overall control environment across a global trading portfolio. The position requires strong analytical capability, deep understanding of trading strategies, and the ability to provide meaningful insights on exposure, risk limits, market conditions, and overall portfolio risk.

Key Responsibilities

1. Product Control & Risk Advisory
   • Serve as the primary technical expert and focal point for Product Control matters for stakeholders and the Market Risk team.
   • Maintain a holistic, end‑to‑end understanding of trading strategies, optionality, exposures, arbitrage structures, and embedded risks across physical and financial portfolios.
   • Work with various stakeholders to support timely and accurate trade capture.
   • Uphold and advocate core market risk principles, demonstrating strong courage of conviction, sound judgment, and transparent communication of risks and valuation issues.
   • Deliver high‑quality, time‑critical analytics and reporting covering:
     • Commercial margin attribution and valuation drivers
     • Daily market risk exposures and portfolio impacts
     • Valuation and model assumptions
     • Limit usage, early‑warning indicators, and emerging trend analysis
2. Risk Measurement & Market Analysis
   • Independently assess and advise on risk profiles. Apply strong understanding of commodity supply/demand fundamentals, regional/locational spreads, and underlying market drivers.
   • Support stress testing, scenario analysis, and sensitivities to support risk decision making.
3. Quantitative & Technical Capabilities
   • Utilize quantitative methods such as Monte Carlo simulation, parametric VaR, options valuation (vanilla and exotic), and scenario stress testing.
   • Oversee and validate physical and financial forward curves, ensuring consistent methodology and robust process controls.
   • Develop, maintain, and enhance tools, dashboards, and automations that support Global Trading and Market Risk delivery.
4. Systems, Data Architecture & Digital Enablement
   • Operate effectively within leading ERP/ETRM platforms (e.g., SAP, Endur, Allegro), and participate in the design and testing of enhancements, new product setups, and risk modules.
   • Demonstrate strong practical knowledge of market data and execution platforms (Bloomberg, Trading Technologies) for pricing verification, liquidity checks, and settlement accuracy.
   • Drive digital transformation initiatives, including data automation, risk analytics modernization, and integration of new tools or data sources.
5. Governance, Controls & Compliance
   • Monitor trading activity to ensure alignment with Market Risk policies, operating standards, and financial controls.
   • Participate in change management reviews and execution of new trading activities, strategies, markets, or products.
   • Investigate and report limit breaches, unusual market movements, valuation anomalies, or exposure inconsistencies.
6. Cross Functional Support
   • Collaborate with Finance teams to support month end close, P&L validation, and reconciliation to earnings.
   • Provide insights and stewardship on new trading strategies, emerging risks, and potential mitigations.
   • Contribute to cross functional forums involving Trading, Market Risk, Finance, and Operations.
7. Leadership, Coaching & Continuous Improvement
   • Lead strategic projects aimed at improving product control processes, risk measurement, valuation governance, and analytics capability.
   • Mentor and develop colleagues on systems, valuation techniques, risk concepts, market analysis, and quantitative methods.
   • Champion a culture of operational excellence, continuous improvement, and technical innovation across the Trading and Risk organizations.

Qualifications

• 10+ years of experience in petrochemical trading, financial or energy risk management.
• Attention to detail with a strong process execution focus.
• Strong analytical skills, and knowledge of financial instruments.
• Experience with or knowledge of financial derivatives and risk evaluation and management techniques.
• Strong leadership, communications skills, and presence in discussions with senior management.
• Good understanding of decision analysis techniques, statistical modelling and comfort with modelling issues involving risk and uncertainty.
• Advanced financial and risk analysis capabilities.
• The ability to communicate, collaborate and work effectively with an international team environment.
• Courage of conviction, ability to constructively challenge approach as necessary after debate.
• Willing to work during early afternoon to late evening (around 10pm) supporting London trading hours.

Preferred Academic

• Bachelor's degree or above (Master's, MBA, CFA, etc.) in Quant Finance, Business Economics, Computer Science, Finance, Management.