Market Risk Analyst - North America Crude & Freight

ExxonMobil; Texas; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive salary

Job summary

ExxonMobil seeks a Market Risk Analyst to monitor trading activities for compliance and to develop tools for Global Trading risk management. You will assess risk across the portfolio, provide daily risk reports, and collaborate with front-office and support teams to ensure data integrity and informed hedging decisions. This is a hands-on role in a global team with exposure to strategy and risk governance.

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 and related energy markets.
• Strong understanding of physical trading, derivatives, and financial products.
• Excellent quantitative and analytical skills; Excel proficiency; SQL or Python preferred.

Responsibilities

• Act as Market Risk focal point for front-office and senior stakeholders and advise on risk profiles.
• Develop and maintain tools for Global Trading risk monitoring and reporting.
• Execute daily risk processes and generate risk reports with Global Trading teams.
• Provide daily commentary on portfolio activity and risk implications.
• Validate data integrity and reconcile inconsistencies with responsible traders.
• Support hedging analyses and development of risk limits and reporting.
• Collaborate with refinery coordinators, product schedulers, and traders on production data and hedge signals.

Skills

Quantitative skills

Analytical skills

Risk management knowledge

Crude oil & freight markets knowledge

Excel proficiency

SQL

Python

Interpersonal skills

Education

Bachelor's degree or above in Economics/Finance/Math/Stats

Tools

Energy Trading Risk Management Systems

SQL

Python

Job description

About us

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 (https://corporate.exxonmobil.com/About-us/Who-we-are) and how we can work together .

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. 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.

About you

Required 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

Preferred Qualifications:

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

Your Benefits

An ExxonMobil career is one designated 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:

• Competitive salary