At a Glance
- Tasks: Join our team to analyse and manage trading risks in the power market.
- Company: Be part of ExxonMobil, a leader in energy trading and risk management.
- Benefits: Enjoy a share incentive plan and private healthcare for you and your family.
- Other info: Fast-paced, diverse environment with opportunities for professional growth.
- Why this job: Make a real impact by providing strategic insights and supporting trading decisions.
- Qualifications: Bachelor's degree in a quantitative field and experience in energy trading or risk management.
The predicted salary is between 70000 - 90000 £ per year.
Join us as a Trading Market Risk Advisor with roles to support Power. Become part of a team responsible for monitoring and managing the risk associated with ExxonMobil's trading activities. You will provide risk analysis for global and regional activities sitting alongside commercial traders and advising daily on Trading PnL, exposures, VAR, mark to market accounting, limit monitoring. Power market risk capability - deep understanding of regional power hubs and key exchanges.
What you will do
- Market Risk Advisory & Strategic Stakeholder Engagement: Proactively deliver high impact market risk insights through daily analysis and reporting of trading positions, exposures, TCM, and risk limit utilization. Apply advanced market and commodity analysis to generate insight and detect anomalies to provide input to trading strategies and risk mitigation.
- Trade Integrity & Dynamic Exposure Management: Lead the daily oversight of exposure risk by maintaining rigorous position tracking and analysis. Identify and resolve trade booking discrepancies, data integrity issues, and abnormal exposure variations with urgency and precision. Act as a trusted risk partner to traders by providing timely alerts and recommendations, including Trade Money Management (TMM) and hedging options input, that safeguard against operational and financial risk. Assess and mitigate market exposures in OTC commodity swaps and options, integrating scenario analysis, stress testing, and valuation methodologies to support strategic decision making and regulatory compliance.
- Analytical Excellence & Risk Methodology Leadership: Utilize and continuously refine advanced risk analytics such as Value at Risk (VaR), stress testing, and scenario analysis to enhance portfolio transparency and decision making. Attest and recommend liquid and illiquid curve methodology against set principles. Leverage ETRM and analytical tools to deliver accurate, forward looking risk assessments that support trading performance and capital efficiency.
- End to End Market Risk Process Mastery & Skill Evolution: Demonstrate deep understanding of the full market risk lifecycle - from trade capture and exposure modeling to risk reporting and limit governance - enabling swift and effective issue resolution across systems and stakeholders. Continuously build expertise in evolving market and commodity risk management techniques, including option trading, OTC swaps, and structured products. Stay ahead of industry developments to provide forward looking insights and enhance the strategic value of risk advisory services.
- Transaction Risk Evaluation: Evaluate complex commodity transactions by calculating Day 1 reserves and other valuation adjustments, ensuring accurate risk representation and alignment with accounting and regulatory standards. Manage both liquid and illiquid curve building and validation supporting sound MTM principles. Provide independent oversight and proactively challenge trading decisions when risk exposures are unreasonable or misaligned with the company's risk appetite.
- Advanced Risk Strategy & Advisory: Deliver strategic market risk insights to support trading leadership in decision making, while mentoring junior analysts and fostering analytical excellence across the risk organization. Independently assess new business opportunities by reviewing transaction terms, model assumptions, valuation methodologies, and expected results. Review plan for hedging and provide support to develop trading limits. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record.
- Governance & Risk Infrastructure Enhancement: Strengthen market risk governance by enhancing control frameworks, refining risk reporting processes, and aligning infrastructure with evolving regulatory standards and business objectives.
About you
Hold a Bachelor's Degree (or equivalent) in Economics, Finance, Mathematics, Statistics or other quantitative field. Have significant work experience in energy trading, financial or energy risk management.
Preferred Skills / Knowledge / Abilities
- Advanced degree (Master's, MBA, CFA, Ph.D.) in Energy or Financial Risk Management.
- Attention to detail with a strong process execution focus and result orientation.
- Strong analytical skills and knowledge of financial instruments.
- Strong understanding of decision analysis techniques (commercial acumen), statistical modelling and comfort in modelling issues involving risk and uncertainty.
- Strong understanding of financial analysis and application to energy transacting.
- Desire to work in a fast paced, diverse and inclusive environment.
Benefits
- Share incentive plan
- Private healthcare for employees and their families
- Benefits may be changed from time to time without notice, subject to applicable law.
Functional Skills
- Energy Commodity & Derivative Trading
- Energy Risk Analysis & Mitigation
- Financial Markets Execution
- Econometric Analysis
- Market Pricing Mechanisms
Power Market Risk Advisor – EMEA Trading Lead in London employer: Job Search Place Limited
ExxonMobil is an exceptional employer, offering a dynamic and inclusive work environment where employees can thrive in their careers. As a Power Market Risk Advisor, you will benefit from comprehensive private healthcare, a share incentive plan, and opportunities for professional growth through mentorship and advanced risk strategy development. Join us in a fast-paced setting that values analytical excellence and fosters collaboration with commercial traders to make impactful decisions in the energy trading sector.
StudySmarter Expert Advice🤫
We think this is how you could land Power Market Risk Advisor – EMEA Trading Lead in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at ExxonMobil or similar companies. A friendly chat can lead to insider info and maybe even a referral!
✨Tip Number 2
Prepare for interviews by diving deep into market risk topics. Brush up on your knowledge of Value at Risk (VaR) and stress testing. Show us you know your stuff and can talk shop with the best of them!
✨Tip Number 3
Don’t just wait for job openings; be proactive! Keep an eye on our website and apply directly. We love seeing candidates who take the initiative and show genuine interest in joining our team.
✨Tip Number 4
Practice makes perfect! Conduct mock interviews with friends or mentors. Get comfortable discussing your analytical skills and how you’d tackle real-world trading scenarios. Confidence is key!
We think you need these skills to ace Power Market Risk Advisor – EMEA Trading Lead in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Power Market Risk Advisor role. Highlight relevant experience in energy trading and risk management, and don’t forget to showcase your analytical skills and understanding of financial instruments.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re the perfect fit for this role. Share specific examples of how you've provided market risk insights or managed exposure risks in previous positions. Make it personal and engaging!
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to mention any advanced risk analytics you've used, like Value at Risk (VaR) or stress testing. We want to see how you’ve applied these in real-world scenarios.
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 get you into our system quickly!
How to prepare for a job interview at Job Search Place Limited
✨Know Your Market
Make sure you have a solid understanding of the power market and key exchanges relevant to the role. Brush up on recent trends, regional power hubs, and any significant changes in regulations that could impact trading activities. This knowledge will help you engage in meaningful discussions during the interview.
✨Showcase Analytical Skills
Prepare to demonstrate your analytical prowess by discussing specific examples where you've applied advanced risk analytics like VaR or stress testing. Be ready to explain how these analyses influenced trading strategies or risk mitigation efforts in your previous roles.
✨Be a Team Player
Highlight your experience working alongside traders and other stakeholders. Discuss how you've acted as a trusted partner in providing timely insights and recommendations. Emphasising your collaborative approach will show that you can integrate well into their team dynamic.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your decision-making skills under pressure. Think about how you would handle discrepancies in trade bookings or abnormal exposure variations. Practising these scenarios will help you articulate your thought process clearly during the interview.
