Lead Crude Quantitative Risk Modeler

Lead Crude Quantitative Risk Modeler Overview

We are seeking a highly qualified and experienced individual to join our team as a Lead Crude Quantitative Risk Modeler. This role is integral to ExxonMobil’s Risk Management function and is part of the Quantitative Risk team within the Trading Risk & Compliance organization. The successful candidate will play a key role in supporting both Upstream Gas & Power and Downstream Crude & Products trading activities.

Key Responsibilities

• Develop and validate quantitative valuation models for Crude Oil markets.
• Create, validate, and maintain risk management models that support Trading Strategies, Risk Management, Real Options Valuation, and the Simulation of Forward Curves.
• Conduct quantitative analyses of structured deals to assist in market-based asset valuations and the design of hedging strategies.
• Apply advanced statistical analysis in the design, analysis, implementation, and refinement of scenario analysis and stress testing methodologies and tools.
• Model and estimate volatilities and correlations, both historical and implied.
• 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.
• Work on Quantitative Analysis topics as required based on the evolving needs of this dynamic Risk organization.

Qualifications

• A strong background in quantitative risk modeling, particularly in energy commodities and derivatives.
• Experience in energy risk analysis and mitigation strategies.
• Proficiency in econometric analysis and market pricing mechanisms.
• Solid understanding of financial markets and execution processes.
• Excellent communication skills to convey complex information clearly to diverse audiences.

Benefits

• Competitive salary and performance-based bonuses.
• Comprehensive health and wellness programs.
• Opportunities for professional development and career advancement.
• Flexible working arrangements to support work-life balance.

This position is based in London and is not eligible for visa sponsorship.

Degree Requirement: Not Specified

Visa Sponsorship May be