At a Glance
- Tasks: Develop and maintain quantitative models for oil products and risk management strategies.
- Company: Join ExxonMobil, a leader in energy innovation and sustainability.
- Benefits: Enjoy a share incentive plan, private healthcare, and free gym access.
- Other info: Collaborative culture with opportunities for professional growth.
- Why this job: Make a real impact in energy while advancing your career in a dynamic environment.
- Qualifications: Advanced degree in STEM and experience in energy quantitative risk required.
The predicted salary is between 80000 - 120000 £ per year.
About the Company
At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. 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.
What role you will play in our team
We are looking for qualified and highly experienced individuals with strong credentials to support and advance ExxonMobil’s Risk Management function. A member of the Quantitative Risk team which is part of the Trading Risk & Compliance organization, the successful candidate will help support ExxonMobil’s Upstream Gas & Power as well as Downstream Crude & Products trading activities.
What you will do
- Develop, validate, maintain quantitative valuation models of Oil Products (Gasoline, Jet Fuel, Heating Oil, etc.) markets.
- Develop, validate, maintain and support risk management models for Trading Strategies, Risk Management, Real Options Valuation, and Simulation of Forward Curves.
- Conduct quantitative analysis of structured deals to support market‑based asset valuations and design hedging strategies.
- Apply advanced statistical analysis into the design, analysis, implementation, and refinement of scenario analysis and stress test methodologies and tools.
- Model and estimate volatilities and correlations, both historical and implied.
- Provide recommendations for improvement and enhancement of risk management models.
- Effectively communicate recommendations on complex topics to a variety of constituents, including Management, Traders, Originators and Risk Management.
- Work on Quantitative Analysis topics as required based on evolving needs of this dynamic Risk organization.
About you
We are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications.
Skills and Qualifications
- Advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
- Experience or knowledge of Oil Products (Gasoline, Jet Fuel, Heating Oil, etc.) markets.
- Highly experienced in Energy Quantitative Risk, Structuring, or Risk Analysis in Energy Commodities and Marketing: crude oil, refined products, power, natural gas, LNG, renewables, environmental products, etc.
- Solid understanding of option theory (Option Greeks, etc.), Monte Carlo simulation techniques (i.e., PCA) and mathematical optimization methods (i.e., Dynamic Programming).
- Knowledge of global or domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
- Proficiency in Python, R, MATLAB, or other programming languages; additionally programming in SQL.
- Credit Risk Modeling experience is a plus.
Preferred Qualifications / Experience
- Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro, etc.) and experience with Tableau or comparable analytics platforms is a plus.
We offer you
- Share incentive plan.
- Private healthcare for employees and their families.
- Free gym at most UK sites.
Please note benefits may be changed from time to time without notice, subject to applicable law.
Lead Products Quantitative Risk Modeler in London employer: Exxon Mobil
ExxonMobil is an exceptional employer that champions innovation and sustainability in the energy sector, offering a dynamic work environment where your expertise in quantitative risk management can thrive. With a strong commitment to employee growth, we provide comprehensive benefits including a share incentive plan, private healthcare, and access to fitness facilities at most UK locations, fostering a culture of well-being and collaboration. Join us to be part of a diverse team dedicated to advancing energy solutions while enjoying meaningful career development opportunities.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Products Quantitative Risk Modeler in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Exxon Mobil. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Lead Products Quantitative Risk Modeler in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Exxon Mobil.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Exxon Mobil's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Exxon Mobil
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Exxon Mobil.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Exxon Mobil will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Exxon Mobil employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
