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Lead Power Quantitative Risk Modeler

ExperiencedNo visa sponsorship
ExxonMobil logo

at ExxonMobil

Commodities

Posted 3 days ago

No clicks

**Lead Power Quantitative Risk Modeler** at ExxonMobil. Develop, validate, and maintain quantitative risk models for Power markets, trading strategies, and risk management. Apply advanced statistical analysis, option theory, and Monte Carlo simulations. Provide recommendations and communicate complex topics effectively to management and stakeholders. Requires advanced degree in STEM, extensive energy quantitative risk experience, proficiency in Python, R, MATLAB, and SQL.

Compensation
Not specified

Currency: Not specified

City
London
Country
United Kingdom

Full Job Description

About us

At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. As one of the worlds 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 societys evolving needs. Learn more about our What and our Why and how we can work together.

What role you will play in our team

We are looking for qualified and highly experienced individuals with strong credentials to support and advance ExxonMobils 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 ExxonMobils Upstream Gas & Power as well as Downstream Crude & Products trading activities.

What you will do

  • Develop, validate, maintain quantitative valuation models of Power 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

We are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications:

 

Skills and Qualifications

  • Advanced degree (Masters, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
  • Experience/knowledge of Power markets
  • Highly experienced in Energy Quantitative Risk, Structuring, or Risk Analysis in Energy Commodities and Marketing: crude oil, refined products, power, natural gas, LNG, renewables, environmental products etc.
  • Solid understanding of option theory (Option Greeks etc.), Monte Carlo simulation techniques (i.e., PCA) and mathematical optimization methods (i.e., Dynamic Programming).
  • Knowledge of global/domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
  • Proficiency in Python, R, MATLAB, or other programming languages. Additionally programming in SQL.
  • Credit Risk Modeling experience is a plus. 

 

Preferred Qualifications/ Experience 

  • Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro etc.) and experience with Tableau or comparable Analytics platforms is a plus.

Your benefits

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.

We offer you:

  • 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.

Stay connected with us

Learn more at our website


Subscribe our channel at YouTube


Follow us on Twitter at @ExxonMobil_UK

Functional Skills

Energy Commodity & Derivative Trading
Energy Risk Analysis & Mitigation
Econometric Analysis
Market Pricing Mechanisms
Financial Markets Execution

Lead Power Quantitative Risk Modeler

Compensation

Not specified

City: London

Country: United Kingdom

ExxonMobil logo
Commodities

3 days ago

No clicks

at ExxonMobil

ExperiencedNo visa sponsorship

**Lead Power Quantitative Risk Modeler** at ExxonMobil. Develop, validate, and maintain quantitative risk models for Power markets, trading strategies, and risk management. Apply advanced statistical analysis, option theory, and Monte Carlo simulations. Provide recommendations and communicate complex topics effectively to management and stakeholders. Requires advanced degree in STEM, extensive energy quantitative risk experience, proficiency in Python, R, MATLAB, and SQL.

Full Job Description

About us

At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. As one of the worlds 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 societys evolving needs. Learn more about our What and our Why and how we can work together.

What role you will play in our team

We are looking for qualified and highly experienced individuals with strong credentials to support and advance ExxonMobils 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 ExxonMobils Upstream Gas & Power as well as Downstream Crude & Products trading activities.

What you will do

  • Develop, validate, maintain quantitative valuation models of Power 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

We are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications:

 

Skills and Qualifications

  • Advanced degree (Masters, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
  • Experience/knowledge of Power markets
  • Highly experienced in Energy Quantitative Risk, Structuring, or Risk Analysis in Energy Commodities and Marketing: crude oil, refined products, power, natural gas, LNG, renewables, environmental products etc.
  • Solid understanding of option theory (Option Greeks etc.), Monte Carlo simulation techniques (i.e., PCA) and mathematical optimization methods (i.e., Dynamic Programming).
  • Knowledge of global/domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
  • Proficiency in Python, R, MATLAB, or other programming languages. Additionally programming in SQL.
  • Credit Risk Modeling experience is a plus. 

 

Preferred Qualifications/ Experience 

  • Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro etc.) and experience with Tableau or comparable Analytics platforms is a plus.

Your benefits

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.

We offer you:

  • 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.

Stay connected with us

Learn more at our website


Subscribe our channel at YouTube


Follow us on Twitter at @ExxonMobil_UK

Functional Skills

Energy Commodity & Derivative Trading
Energy Risk Analysis & Mitigation
Econometric Analysis
Market Pricing Mechanisms
Financial Markets Execution