Market Risk Analyst - Cross Commodity

ExxonMobil · Spring, TX · 3 wk ago

FinanceFull-time

About the role

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.

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. 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

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
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

Benefits

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.

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.

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.

Market Risk Analyst - Cross Commodity

About the role

Responsibilities

Qualifications

Preferred Qualifications/Experience

Benefits

About Houston

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