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EM
Exxon Mobil
Market Risk Analyst - Cross Commodity
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What they do
A Risk Consultant helps clients to evaluate risk and recommends strategies to mitigate or offset risks that could result in financial losses for a company or organization. May analyze risk in investments, business operations or technology systems at a company. May provide risk management consulting for life insurance, health insurance or other types of insurance companies.
$80,586 / year median in Texas
+15% projected growth
Job Description
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. Learn more about our What and our Why and how we can work together . About Houston ExxonMobil's state-of-the-art campus north of Houston serves as home to its Upstream, Product Solutions and Low Carbon Solutions businesses and their associated service groups. The facility opened in 2014 and accommodates more than 10,000 employees and visitors. By bringing many global functional groups together, the campus provides employees with the tools and capabilities needed today, and in the future, to achieve business objectives and accelerate the discovery of new resources, technologies and products. It was designed to foster improved collaboration, creativity and innovation and enhance the company's ability to attract, develop and retain the top talent in the industry. The campus is located in Spring, Texas, on 385 wooded acres immediately to the west of Interstate Highway 45 (I-45), at the intersection of I-45 and the Hardy Toll Road, approximately 25 miles from the cultural vibrancy of downtown Houston. The campus was constructed to the highest standards of energy efficiency and environmental stewardship. Its design incorporates extensive research into best practices in building and workplace design through extensive benchmarking of the world's top academic, research, and corporate facilities. About Learn more about what we do in Houston here . What role you will play on our team 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. What you will do 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. cExcel, 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 About you Skills and Qualifications 2-4 years of experience in financial, energy or chemical risk management Strong knowledge of crude oil, refined products, natural gas, and/or 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, SQL, and quantitative programming languages such as Python Experience with Energy Trading Risk Management Systems Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics Preferred Qualifications/ Experience Experience with Python/SQL High level of Excel proficiency Familiarity with trade capture and nomination / scheduling systems Your benefits An ExxonMobil career is one designed 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.