Lead Crude Quantitative Risk Modeler

Lead Crude Quantitative Risk Modeler Overview

We are seeking a highly qualified and experienced individual to join our Quantitative Risk team within the Trading Risk & Compliance organization at ExxonMobil. This position plays a crucial role in supporting and advancing our Risk Management function, particularly in relation to Upstream Gas & Power and Downstream Crude & Products trading activities.

Key Responsibilities

• Develop, validate, and maintain quantitative valuation models for Crude Oil markets.
• Create and support risk management models for trading strategies, including Real Options Valuation and Forward Curve simulations.
• Conduct quantitative analyses of structured deals to support market-based asset valuations and design effective hedging strategies.
• Apply advanced statistical analysis to design, analyze, implement, and refine scenario analysis and stress testing methodologies.
• Model and estimate both historical and implied volatilities and correlations.
• Provide recommendations for the improvement and enhancement of risk management models.
• Effectively communicate complex recommendations to various stakeholders, including management, traders, originators, and risk management teams.
• Engage in quantitative analysis topics as required based on the evolving needs of the risk organization.

Qualifications

• Extensive experience and strong credentials in quantitative risk modeling.
• Proficiency in energy commodity and derivative trading.
• Solid understanding of energy risk analysis and mitigation techniques.
• Familiarity with econometric analysis and market pricing mechanisms.
• Experience in financial markets execution.

Degree Requirement: Not Specified

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