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, health benefits, and opportunities for professional growth.
- Other info: Be part of a forward-thinking team with excellent career advancement potential.
- Why this job: Make an impact in the dynamic world of energy trading and risk analysis.
- Qualifications: Strong background in quantitative analysis and energy markets required.
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
- Energy Commodity & Derivative Trading
- Energy Risk Analysis & Mitigation
- Econometric Analysis
- Market Pricing Mechanisms
- Financial Markets Execution
Lead Crude Quantitative Risk Modeler in London employer: ExxonMobil
ExxonMobil is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration are at the forefront of our operations. As a Lead Crude Quantitative Risk Modeler, you will have access to unparalleled professional development opportunities, working alongside industry experts in a supportive environment that values your contributions. Located in a vibrant area, we offer competitive benefits and a commitment to employee growth, making ExxonMobil a rewarding place to advance your career in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Crude Quantitative Risk Modeler in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the energy sector, especially those involved in risk management. Attend industry events or webinars to make connections and learn about potential job openings.
✨Tip Number 2
Showcase your skills! Prepare a portfolio that highlights your quantitative analysis projects, especially those related to crude oil markets. This will give you an edge when discussing your experience during interviews.
✨Tip Number 3
Practice your pitch! Be ready to explain complex topics simply and clearly. You’ll need to communicate effectively with traders and management, so practice articulating your thoughts on risk management models.
✨Tip Number 4
Apply through our website! We’re always on the lookout for talented individuals like you. Make sure to submit your application directly through our platform to increase your chances of landing that dream role.
We think you need these skills to ace Lead Crude Quantitative Risk Modeler in London
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 with quantitative valuation models and risk management strategies, as these are key for us at ExxonMobil.
Showcase Your Skills:Don’t just list your skills; demonstrate them! Use specific examples from your past work that showcase your expertise in econometric analysis and energy risk mitigation. We want to see how you’ve applied these skills in real-world scenarios.
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 aligns with our needs. Be sure to mention your ability to communicate complex topics effectively, as this is crucial for our team.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss any important updates from 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
Since the role involves risk management for trading strategies, it’s crucial to understand various risk management models. Familiarise yourself with real options valuation and simulation of forward curves, and be ready to share examples of how you've applied these concepts in past roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your ability to conduct quantitative analysis. Think of specific instances where you’ve used advanced statistical analysis for scenario analysis or stress testing methodologies. Being able to articulate your thought process will impress the interviewers.
✨Communicate Complex Ideas Simply
You’ll need to communicate complex topics to a diverse audience, so practice explaining your work in layman's terms. Consider how you would present your recommendations to management or traders who may not have a technical background, and be ready to adapt your communication style accordingly.
