Market Risk Analyst

Exxon Mobil; Singapore; On-site; SGD 60,000 - 120,000; Full time

Job summary

Join a forward-thinking company as a Market Risk Analyst, where your expertise will shape the future of energy management. In this pivotal role, you will monitor trading activities, ensuring compliance and optimizing strategies for risk management. Collaborate with diverse teams, utilizing your analytical prowess to provide insights and recommendations that drive sustainable solutions. With a commitment to innovation and a supportive work environment, this role offers a unique opportunity to grow your career while contributing to a net-zero future. If you are passionate about energy and risk management, this position is your chance to make a significant impact.

Benefits

Health Insurance

Job Rotations

Professional Development

Retirement Benefits

Qualifications

• 2-10 years of experience in financial, energy or chemical risk management.
• Strong knowledge of energy and traded markets, especially crude and LNG.

Responsibilities

• Monitor trading activities for compliance with Market Risk Management policies.
• Develop and maintain tools for Global Trading activities.

Skills

Quantitative Skills

Analytical Skills

Interpersonal Skills

Risk Management

Market Understanding

Education

Bachelor's degree in Economics, Finance, Mathematics or Statistics

Master's, MBA, CFA, or Ph.D.

Tools

Excel

SQL

Python

R

Tableau

Power BI

Job description

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.

ExxonMobil in Singapore

ExxonMobil is one of Singapore’s largest foreign manufacturing investors with over S$25 billion in fixed asset investments. We have manufacturing facilities that include an integrated world-scale refining and petrochemical complex in Jurong and Jurong Island, a network of service stations under the Esso brand, operate a lubricant plant and are a supplier of cylinder cooking gas. ExxonMobil provides customers and commercial markets in the region with ground transportation, industrial, aviation and marine fuels, lubricants, petrochemicals and liquefied natural gas (LNG).

As Singapore serves as the AP hub for some of our businesses, we employ about 3,500 people across positions in operations, projects, commercial, corporate support functions and others.

What role you will play in 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.

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 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 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 trading support functions (e.g. Finance, Accounting) for deal support and general portfolio queries.
• Ensure trading data integrity by validating positions and reconciling any inconsistencies with responsible traders.
• Review plan for hedging and provide support to develop 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, schedulers and traders to validate production data and trades impacting inventory positions and generate hedging signals.

About you

Skills and Qualifications

• Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics

Required Qualifications:

• 2-10 years of experience in financial, energy or chemical risk management
• Strong knowledge of energy and traded markets, preferably crude, crude freight, and LNG
• 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

Preferred Qualifications:

• Experience with Python/SQL
• High level of Excel proficiency
• Familiarity with trade capture and nomination / scheduling systems

An ExxonMobil career is one designed to last and we provide job rotations throughout your career with us. 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.

It is the policy of the Company to provide equal employment opportunity in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements.

Please be informed that only shortlisted candidates will be notified.

We thank you for your interest in ExxonMobil.