At a Glance
- Tasks: Join a dynamic team to analyse and optimise crude, products, and freight trading.
- Company: ExxonMobil, a leading global energy company with a commitment to innovation.
- Benefits: Share incentive plan and private healthcare for you and your family.
- Other info: Opportunities for career growth in a collaborative and supportive environment.
- Why this job: Make a real impact in the energy sector while developing your quantitative skills.
- Qualifications: Strong quantitative background with experience in commodities valuation and optimisation.
The predicted salary is between 60000 - 80000 £ per year.
Location: London, LND, GB, SE10SU
What role you will play on our team
Join a high performing Front Office Valuation and Structuring quant team supporting Crude, Refined Products and Freight trading, portfolio optimization and structured transactions. You will provide transparent, independent and commercially actionable valuation expertise, with a strong focus on identifying, modelling and pricing embedded physical and financial optionality across crude grades, refinery‑linked products, storage, blending, transportation and freight exposures.
Your work will support traders, originators and senior stakeholders in evaluating structured supply/offtake agreements, blending strategies, storage and logistics optimization, freight‑linked deals and cross commodity strategies, while contributing to global corporate initiatives requiring rigorous valuation, optionality analysis and risk translation beyond the core Trading organization.
What you will do
- Provide fair valuation and independent risk assessment for crude, refined products and freight transactions, including storage, blending optionality, transportation economics, and structured physical and derivative‑linked deals, quantifying operational, volume, quality and market optionality.
- Support traders and originators with structure design, including blending optimisation, assay‑based valuation, freight routing logic, pricing indexation (Brent, WTI, Dubai, product cracks, freight benchmarks), exposure mapping, sensitivities and commercial explanation of optionality value drivers.
- Build valuation templates and analytics tools capable of modelling crude and products arbitrage, refinery yield optimisation, blending economics and freight optimisation, using stochastic, scenario‑based and optimisation techniques.
- Contribute optionality and valuation insight to large global corporate projects, such as crude supply frameworks, refinery optimisation initiatives, storage and logistics strategies and cross basin arbitrage opportunities.
- Advise on hedging strategies for complex exposures across crude benchmarks, refined products markets and freight, identifying hedgeable and residual components driven by quality differentials, location spreads, freight volatility and timing optionality.
- Conduct back testing, assumption validation and parameter research, including calibration of illiquid forward curves, volatility structures, correlation frameworks and freight and crack spread dynamics.
- Collaborate with quant modelling, technology and data teams to ensure robust model deployment, integration into Front Office trading tools, and support for portfolio optimisation and decision workflows.
What you bring
- Strong quantitative background (MSc/PhD preferred) with Front Office crude, products, freight or broader commodities valuation/structuring or optimisation experience.
- Expertise in crude and products valuation, blending optimisation, refinery economics and freight optionality, alongside strong option pricing and curve/vol modelling skills.
- Advanced Python for pricing tools, optimisation routines and scalable portfolio analytics.
- Ability to communicate complex valuation, blending, logistics and optionality concepts clearly to traders and commercial teams.
- Experience calibrating illiquid parameters and running back tests for crude, products and freight optionality frameworks.
- Understanding of global oil markets, including crude benchmarks (Brent, WTI, Dubai), products markets, refinery operations, freight dynamics (e.g. tanker markets, routes, vessel classes) and cross basin arbitrage.
- Strong awareness of London as a global hub for crude and products trading, with exposure to European and global market dynamics.
- High attention to detail, strong documentation discipline and a proactive improvement mindset.
Benefits
We offer you:
- Share incentive plan
- Private healthcare for employees and their families
Please note benefits may be changed from time to time without notice, subject to applicable law.
Conditions of Employment
Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre‑employment medical, including a test for illicit or unprescribed drugs in accordance with the Company’s safety policies; and the legal right to work on the agreed commencement date.
Equal Employment Opportunity Policy
ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.
Quantitative Analyst V&S - Crude, Products, and Freight in London employer: Exxon Mobil
ExxonMobil is an exceptional employer, offering a dynamic work environment in London that fosters innovation and collaboration within the high-performing Front Office Valuation and Structuring quant team. Employees benefit from a comprehensive share incentive plan and private healthcare for themselves and their families, alongside ample opportunities for professional growth and development in the thriving global oil market. With a strong emphasis on employee well-being and a commitment to equal opportunity, ExxonMobil stands out as a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Analyst V&S - Crude, Products, and Freight 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
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
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 Quantitative Analyst V&S - Crude, Products, and Freight 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.
