Market Risk Analyst - EAME Crude & Freight
Market Risk Analyst - EAME Crude & Freight

Market Risk Analyst - EAME Crude & Freight

Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Monitor trading activities and develop tools for Global Trading risk management.
  • Company: Join ExxonMobil, a leader in energy innovations and sustainability.
  • Benefits: Enjoy competitive pay, private healthcare, and share incentive plans.
  • Why this job: Make a real impact in energy markets while growing your career.
  • Qualifications: Bachelor's degree in relevant fields and 2-4 years of experience required.
  • Other info: Dynamic team environment with opportunities for personal and professional growth.

The predicted salary is between 36000 - 60000 £ per year.

Please note: A system upgrade will occur from mid-March through early April, which may result in temporary delays in certain processes. For assistance, please reach out to your Recruiter by email.

Location: London, LND, GB

Company: ExxonMobil

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.

Job Description

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.

Position responsibilities can include:

  • 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.

Qualifications:

Academic:

  • Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics

Required Qualifications

  • 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

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:

  • Share incentive plan
  • Private healthcare for employees and their families

Market Risk Analyst - EAME Crude & Freight employer: Exxon Mobil

ExxonMobil is an exceptional employer, offering a dynamic work environment in London where innovation and sustainability are at the forefront of our mission. Employees benefit from a strong commitment to personal and professional growth, competitive compensation packages including share incentives and private healthcare, and the opportunity to collaborate with a diverse team on impactful energy solutions. Join us to be part of a company that values your ideas and fosters a culture of transparency and proactive risk management.
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Contact Detail:

Exxon Mobil Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Risk Analyst - EAME Crude & Freight

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those already at ExxonMobil. A friendly chat can open doors and give you insights that might just land you an interview.

✨Tip Number 2

Prepare for the interview by knowing your stuff! Brush up on market risk management principles and be ready to discuss how your skills align with the role. We want to see your passion for energy innovations!

✨Tip Number 3

Showcase your analytical skills! Be ready to share examples of how you've tackled complex problems in the past. Use data and insights to back up your claims – it’s all about demonstrating your expertise.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the ExxonMobil team and contributing to our vision.

We think you need these skills to ace Market Risk Analyst - EAME Crude & Freight

Market Risk Management
Trading Activities Monitoring
Risk Assessment
Supply and Demand Fundamentals
Quantitative Analysis
Excel Proficiency
SQL
Python
Energy Trading Risk Management Systems
Interpersonal Skills
Data Validation
Hedging Strategies
Portfolio Management
Communication Skills
Analytical Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Market Risk Analyst role. Highlight relevant experience in financial, energy, or chemical risk management, and don’t forget to showcase your analytical skills and knowledge of crude oil and freight markets.

Craft a Compelling Cover Letter: Your cover letter should tell us why you’re the perfect fit for this position. Share specific examples of how you've successfully managed market risks in the past and demonstrate your understanding of trading strategies and market fundamentals.

Show Off Your Technical Skills: Since this role requires strong proficiency in Excel and familiarity with programming languages like Python or SQL, make sure to mention any relevant projects or experiences that highlight these skills. We love seeing candidates who can bring advanced tools to the table!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at ExxonMobil.

How to prepare for a job interview at Exxon Mobil

✨Know Your Market

Make sure you brush up on your knowledge of crude oil and freight markets. Understand the supply and demand fundamentals, regional price differences, and historical trends. This will not only help you answer questions confidently but also show your genuine interest in the role.

✨Showcase Your Analytical Skills

Prepare to discuss your quantitative and analytical skills in detail. Be ready to share examples of how you've used tools like Excel, SQL, or Python in previous roles. Highlight any experience with Energy Trading Risk Management Systems, as this will be crucial for the position.

✨Build Relationships

Since the role involves acting as a focal point for front-office and senior stakeholders, think about how you can demonstrate your interpersonal skills. Prepare examples of how you've successfully collaborated with teams in the past, especially in high-pressure environments.

✨Be Proactive About Risk Management

ExxonMobil values a proactive approach to risk management. Be prepared to discuss how you've identified and mitigated risks in previous roles. Show that you're open to debate and can provide insightful commentary on market intelligence and exposure changes.

Market Risk Analyst - EAME Crude & Freight
Exxon Mobil

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