Job Information
ExxonMobil Quantitative Risk Manager in Spring, Texas
Job Role Summary
As part of Trading Risk & Compliance, you will be responsible for managing a global team of quantitative risk analysts tasked with supporting ExxonMobil’s Upstream Gas & Power and Downstream Crude & Products trading activities.
Job Responsibilities
In this position you will:
Develop, maintain, analyze, and validate Value at Risk (VaR) models capable of handling complex transactions
Ensure adherence to established risk limits by commodity, region, program, book, and strategy
Design, implement, analyze, and refine scenario analysis and stress test methodologies and tools
Build strong relationships with Commercial (Trading, Origination, Structuring) teams
Possess a deep understanding of supply & demand fundamentals, trading & hedging strategies, and risk management techniques
Provide independent assessment of new business opportunities (proposed by Origination teams and modeled by Structuring teams) by reviewing transaction terms, model assumptions, valuation methodologies, and expected results. Review plan for hedging the proposed transaction. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record
Analyze performance of trading / origination strategies coupled with hedging strategies to explain drivers of P&L and position changes
Provide insightful commentary from market insights / intelligence driving changes to market fundamentals or portfolio composition
Work closely with other functions to provide ongoing transaction support
Academic
- Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
Required Qualifications
Must have legal authorization to work in the US on a full-time basis for any employer
Minimum of 5 - 10 (five to ten) years working experience in Quantitative Risk in the following commodity trading areas: crude, refined products, power, natural gas, LNG, renewables and environmental products
Proficiency with Python, JavaScript, R, C or other programming languages is desirable
Experience with the Microsoft suite of products: Excel, Word, Access, and PowerPoint
Preferred Qualifications
Familiarity with ExxonMobil Trading organization
Advanced degree (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
Experience with Allegro or comparable energy trading risk management system
Experience with Tableau, Power BI, or comparable analytics platform
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.