Market Risk Analyst - North America Crude & Freight

Exxon Mobil; Spring (TX); On-site; USD 80,000 - 120,000; Full time

Job summary

A leading energy corporation in Texas is seeking a Market Risk professional to manage risk profiles and support trading activities. The ideal candidate will have a Bachelor's degree and 2-4 years of experience in the energy sector, with strong analytical and quantitative skills. Expertise in Excel and familiarity with Energy Trading Risk Management Systems are essential. This role involves collaborating with various stakeholders to ensure adherence to risk limits and enhance trading strategies.

Qualifications

• 2-4 years of experience in financial, energy, or chemical risk management.
• Strong knowledge of crude oil and freight markets.
• Excellent proficiency in Excel.

Responsibilities

• Act as Market Risk focal point for front-office stakeholders.
• Ensure adherence to mandated exposure and risk limits.
• Collaborate closely with Global Trading teams to manage market risk.

Skills

Quantitative skills

Analytical skills

Interpersonal skills

Understanding of trading risk management

Education

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

Tools

Excel

Energy Trading Risk Management Systems

Python/SQL

Job description

ExxonMobil is seeking a Market Risk professional to act as a focal point for front-office and senior stakeholders. The successful candidate will develop strong relationships with Commercial stakeholders and possess a deep end-to-end understanding of Global Trading strategies, associated exposures, and future growth aspirations for the trade desk supported.

Position Responsibilities:

• Act as Market Risk focal point for front-office and senior stakeholders.
• 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.
• 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 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.
• Further develop and build out Risk reporting and ad-hoc analysis tools using advanced computer skills.
• Participate in month, quarter, and year-end closing processes.
• Work closely with refinery coordinators and optimizers, product schedulers, and crude traders to validate production data and trades impacting inventory positions and generate hedging signals.

Qualifications:

• Bachelor's degree or above 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 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.

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.