Global Market Risk Analyst – Trading Risk & Analytics

ExxonMobil; Spring (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Defined Benefit Pension scheme

Share incentive plan

Private healthcare for employees and 3

Job summary

ExxonMobil in Houston seeks a Market Risk Analyst to monitor trading activities for compliance and to develop tools for Global Trading risk management. You will identify, measure, and report market risk for the Commercial portfolio in a high-visibility role, advising senior management on risk appetite and mitigation strategies.

The role requires strong Excel and programming skills (SQL/Python), collaboration with trading teams, and responsibility for daily risk processes, hedging reviews, and

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

Responsibilities

• 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.

Skills

Excel proficiency

Quantitative analysis

Stakeholder communication

Risk management

Education

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

MBA or CFA

Tools

SQL

Python

Tableau/Power BI

Job description

ExxonMobil in Houston seeks a Market Risk Analyst to monitor trading activities for compliance and to develop tools for Global Trading risk management. You will identify, measure, and report market risk for the Commercial portfolio in a high-visibility role, advising senior management on risk appetite and mitigation strategies.

The role requires strong Excel and programming skills (SQL/Python), collaboration with trading teams, and responsibility for daily risk processes, hedging reviews, and