At a Glance
- Tasks: Develop and maintain quantitative models for Crude Oil markets and risk management strategies.
- Company: Join ExxonMobil, a leader in energy and risk management.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Dynamic team environment with opportunities to influence key trading decisions.
- Why this job: Make a real impact in the energy sector with advanced quantitative analysis.
- Qualifications: Strong background in energy trading, risk analysis, and econometric skills.
The predicted salary is between 80000 - 100000 £ per year.
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 Crude Oil 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
- Functional Skills
- Energy Commodity & Derivative Trading
- Energy Risk Analysis & Mitigation
- Econometric Analysis
- Market Pricing Mechanisms
- Financial Markets Execution
Lead Crude Quantitative Risk Modeler employer: ExxonMobil
ExxonMobil is an exceptional employer, offering a dynamic work environment that fosters innovation and collaboration within the Quantitative Risk team. Employees benefit from comprehensive professional development opportunities, competitive compensation, and a strong commitment to work-life balance, all while contributing to critical energy trading activities in a global context. The company's focus on advanced analytics and risk management ensures that team members are at the forefront of industry developments, making it a rewarding place for those seeking meaningful careers in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Crude Quantitative Risk Modeler
✨Tip Number 1
Network like a pro! Reach out to professionals in the energy trading and risk management sectors. Use platforms like LinkedIn to connect with current employees at ExxonMobil and ask for informational chats. You never know who might help you land that interview!
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your quantitative models and analyses. Bring this along to interviews or share it during networking events. It’s a great way to demonstrate your expertise in crude oil markets and risk management.
✨Tip Number 3
Stay updated on industry trends! Follow news related to energy commodities and risk management. This knowledge will not only help you in interviews but also show your genuine interest in the field, making you a more attractive candidate.
✨Tip Number 4
Apply through our website! We encourage you to submit your application directly on the StudySmarter platform. This way, you can ensure your application gets the attention it deserves and you’ll be one step closer to joining the team!
We think you need these skills to ace Lead Crude Quantitative Risk Modeler
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Crude Quantitative Risk Modeler role. Highlight your experience in developing and validating quantitative models, especially in the energy sector. We want to see how your skills align with our needs!
Showcase Your Skills:In your application, don’t just list your skills—show us how you've applied them! Use specific examples from your past work that demonstrate your expertise in risk management and quantitative analysis. This will help us see the real impact you've made.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you're passionate about the role and how your background makes you a perfect fit for our team. We love seeing enthusiasm and a clear understanding of what we do at ExxonMobil.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at ExxonMobil
✨Know Your Models Inside Out
Make sure you’re well-versed in the quantitative valuation models relevant to crude oil markets. Be prepared to discuss your experience with developing, validating, and maintaining these models, as well as any specific challenges you've faced and how you overcame them.
✨Brush Up on Risk Management Strategies
Familiarise yourself with risk management models for trading strategies and real options valuation. Be ready to share examples of how you've applied advanced statistical analysis in your previous roles, especially in scenario analysis and stress testing.
✨Communicate Complex Ideas Simply
Since you'll need to communicate complex topics to various stakeholders, practice explaining your work in a straightforward manner. Think about how you can break down intricate concepts into digestible pieces for management, traders, and risk teams.
✨Stay Current with Market Trends
Keep an eye on the latest trends in energy commodities and derivative trading. Being able to discuss recent market developments and their implications on risk management will show that you're proactive and engaged in the industry.
