At a Glance
- Tasks: Join our Global Trading Analytics team to analyse and optimise power trading strategies.
- Company: ExxonMobil, a leader in energy innovations and sustainability.
- Benefits: Competitive salary, private healthcare, pension scheme, and free gym access.
- Why this job: Make a real impact on the transition to a lower carbon future.
- Qualifications: Degree in a numeric discipline and experience in European power industry.
- Other info: Dynamic, collaborative environment with opportunities for personal and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Currently we have an opportunity for an experienced Power Trading Analyst to be part of our Global Trading Analytics team. The role will work very closely with our teams on the trading floor and is based in our central London Trading office.
You will provide market expertise, fundamental analysis, statistical modelling and opportunity & risk identification, to support power trading, structuring, and origination activities. You will take responsibility for understanding and analyzing ExxonMobil's pan European portfolio of sites as we support ExxonMobil's European business in transforming to a lower carbon future. These include refineries with onsite power production and chemical plants, as well as our portfolio of existing European contracts and business development opportunities. You will help us to capture additional value by advising on trading strategies, the optimisation of existing Power assets, and the identification and structuring of new opportunities.
Deliverables will include:
- Leveraging detailed market understanding to recommend profitable trading, optimization, and business development strategies
- Researching, analysing and interpreting fundamental drivers across the European Power space, and translating these into market views and forward price outlooks to drive trading strategies
- Leading the development & improvement of analytical tools:
- Development and/or enhancement of existing analytical tools to improve insights from market fundamentals
- Remaining knowledgeable about leading-edge developments, analytical techniques, technologies and tools in advanced analytics
- Valuation and cash flow modelling of both potential projects and structured deals, to support investment cases and help to select winning bidders in Power tenders.
We are continuing to expand our global trading organization, and rapidly building our analytical capabilities. We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business, and who enjoy working in dynamic, collaborative, and diverse global teams.
To be eligible for this role, you must have:
- Be educated to Degree level (or equivalent) in a numeric discipline e.g. Engineering, Science, Economics, Finance, Mathematics or Statistics (or hold other relevant industry experience)
- Have previous experience in the European wholesale power industry or related consultancy experience
- Be experienced in developing power price forecasts using stack modelling tools, within a trading or consultancy environment to inform trading strategies
- Have experience in Europe power fundamentals analysis & advanced analytical methods, including:
- Strong numerical, analytical and modelling skills
- Demonstrable analytical/innovative thinking expertise, intellectual rigor, drive, and desire to lead change
- Experience working with power dispatch/stack models, Eikon, Bloomberg, other databases and analytical/visualisation tools
- Established knowledge of data modelling and proficiency with R, Python or Matlab would be beneficial but not essential
Be able to demonstrate:
- Strong communication & interpersonal skills
- The ability to collaborate effectively with internal & external customers
- A creative approach to problem solving
- The ability to work with multi-cultural global teams
Ideally the successful candidate would be familiar with the modelling of physical power assets, ancillary services such as capacity mechanisms, and an in depth knowledge of at least one North West European power market, with a keen interest to learn about wider markets across Europe. Experience in other commodities would also be beneficial, as would European language proficiency.
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.
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.
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.
Competitive starting salary
Generous resettlement allowance
Defined Benefit Pension scheme
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.
Senior Power Analyst in City of London employer: ExxonMobil
Contact Detail:
ExxonMobil Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Power Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to folks in the power trading industry on LinkedIn or at industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your market knowledge. Be ready to discuss recent trends in the European power sector and how they might impact trading strategies.
✨Tip Number 3
Show off your analytical skills! Bring examples of your previous work with power price forecasts or modelling tools to the interview. 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 seen by the right people. Plus, we love seeing candidates who are proactive!
We think you need these skills to ace Senior Power Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Power Analyst role. Highlight your experience in the European wholesale power industry and any relevant analytical skills. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about power trading and how your skills can help us drive change. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, be sure to showcase your numerical and modelling skills. Mention any tools you’ve used, like R or Python, and how they’ve helped you in previous roles. We love innovative thinkers!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at ExxonMobil!
How to prepare for a job interview at ExxonMobil
✨Know Your Numbers
As a Senior Power Analyst, you'll need to demonstrate your strong numerical and analytical skills. Brush up on your understanding of power price forecasts and stack modelling tools. Be ready to discuss specific examples from your past experience where you've successfully applied these skills.
✨Market Mastery
Familiarise yourself with the European power market fundamentals. Research recent trends and developments in the industry, especially those related to lower carbon initiatives. This will not only show your passion for the role but also your commitment to ExxonMobil's vision of a net-zero future.
✨Showcase Your Tools
Be prepared to talk about your experience with analytical tools like R, Python, or Matlab. Even if you're not an expert, showing a willingness to learn and adapt can set you apart. Mention any projects where you've used these tools to drive insights or improve trading strategies.
✨Communication is Key
Strong communication and interpersonal skills are crucial for this role. Think of examples where you've collaborated effectively with diverse teams or communicated complex ideas clearly. Practising how you articulate your thoughts can help you make a lasting impression during the interview.