Market Risk Analyst - Crude & Freight

Exxon Mobil Corporation; Spring (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Pension Plan

Savings Plan

Workplace Flexibility

Culture of Health

Employee Health Advisory Program

Disability Plan

Job summary

ExxonMobil, Houston area, is seeking a Market Risk Analyst to monitor trading activities for policy compliance and to develop tools for Global Trading risk. You will identify exposures, report margins, and advise senior management on risk appetite and hedging strategies.

Ideal candidates have 2–4 years in risk management, strong math skills, and proficiency in Excel, SQL, and Python. Excellent collaboration with trading teams is essential.

Qualifications

• 2-4 years of experience in financial, energy or chemical risk management.
• Strong knowledge of crude oil, refined products, natural gas, and/or freight markets.
• Strong understanding of physical trading, derivatives, and financial products.
• Excellent quantitative and analytical skills.
• Excel, SQL, and programming languages such as Python.
• Experience with Energy Trading Risk Management Systems.
• Bachelor's degree or above in Economics, Finance, Mathematics or Statistics.

Responsibilities

• Act as Market Risk focal point for front-office and senior stakeholders.
• Understand regional price differences and market fundamentals.
• Suggest risk-mitigation actions and adhere to risk limits.
• Generate risk reports and provide daily commentary on portfolio activity.
• Collaborate with Global Trading support functions for deal queries.
• Validate positions and ensure data integrity with traders.
• Support hedging plans and risk limit development.
• Develop risk reporting and ad-hoc analysis tools using Excel, SQL, Python.

Skills

Financial risk management

Crude oil & energy markets

Physical trading understanding

Quantitative analytics

Excel

SQL

Python

Energy Trading Risk Management Systems

Interpersonal skills

Bachelor's degree or above

Education

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

Tools

Excel

SQL

Python

Energy Trading Risk Management Systems

Job description

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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. Learn more about our What and our Why and how we can work together .

About Houston

ExxonMobil's state-of-the-art campus north of Houston serves as home to its Upstream, Product Solutions and Low Carbon Solutions businesses and their associated service groups. The facility opened in 2014 and accommodates more than 10,000 employees and visitors.

By bringing many global functional groups together, the campus provides employees with the tools and capabilities needed today, and in the future, to achieve business objectives and accelerate the discovery of new resources, technologies and products. It was designed to foster improved collaboration, creativity and innovation and enhance the company’s ability to attract, develop and retain the top talent in the industry.

The campus is located in Spring, Texas, on 385 wooded acres immediately to the west of Interstate Highway 45 (I-45), at the intersection of I-45 and the Hardy Toll Road, approximately 25 miles from the cultural vibrancy of downtown Houston.

The campus was constructed to the highest standards of energy efficiency and environmental stewardship. Its design incorporates extensive research into best practices in building and workplace design through extensive benchmarking of the world’s top academic, research, and corporate facilities.

About

Learn more about what we do in Houston here .

What role you will play on 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. You will work with a dynamic, global team in a high-visibility role that provides advice to the Commercial organization on risk appetite, risk limit utilization and market risk mitigation strategies, and risk assessments and insights to senior management.

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 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. cExcel, 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

About you

Skills and Qualifications

• 2-4 years of experience in financial, energy or chemical risk management
• Strong knowledge of crude oil, refined products, natural gas, and/or 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, 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
• Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics

Preferred Qualifications/ Experience

• 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. 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:

Pension Plan: Enrollment is automatic and at no cost to you. The basic benefit is a monthly annuity to be paid to you in retirement for the rest of your life.

Savings Plan: You can contribute between 6% and 20% of your pay and are encouraged to enroll right away. If you contribute at least 6% to your savings plan, the Company will contribute a 7% match.

Workplace Flexibility: We have several programs such as “Flex your Day”, providing ad-hoc flexibility around when and where you work, as well as longer-term programs such as leaves of absence and part-time work. Comprehensive medical, dental, and vision plans.

Culture of Health: Programs and resources to support your wellbeing.

Employee Health Advisory Program: Provides confidential professional counseling for you and your family, including tools and resources promoting mental health and resiliency at no additional cost to you.

Disability Plan: Income replacement for when you cannot work due to illness or injury occurring on or off the job. Enrollment is automatic and at no cost to you.

More information on our Company’s benefits can be found at www.exxonmobilfamily.com . Please note benefits may be changed from time to time without notice, subject to applicable law.

Please note benefits are subject exclusively to the terms of each plan’s governing documents and may be changed from time to time without notice, subject to applicable law.

ExxonMobil is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, citizenship status, protected veteran status, genetic information, or physical or mental disability.

Alternate Location:

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.

Nearest Major Market: Houston
Job Segment: Sustainability, Risk Management, Database, SQL, Refinery, Energy, Finance, Technology