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Market Risk Analyst - North America Crude & Freight
Spring, TX
Full-time
Onsite
Entry, Mid Level
2+ years expExxonMobil is one of the world's largest publicly traded energy and chemical companies, focused on leading in energy innovations. The Market Risk Analyst position involves monitoring trading activities for compliance with Market Risk Management policies and developing tools for Global Trading activities, while providing insights on risk appetite and market risk mitigation strategies.
Staffing & Recruiting
Responsibilities
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. Excel, 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
Qualification
Required
Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics
2-4 years of experience in financial, energy or chemical risk management
Strong knowledge of crude oil and 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 (experience with SQL or quantitative programming languages such as Python preferred)
Experience with Energy Trading Risk Management Systems
Collegiality and truly good interpersonal skills balanced with a disciplined risk management approach
Preferred
Experience with Python/SQL
High level of Excel proficiency
Familiarity with trade capture and nomination / scheduling systems
Company
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201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase