Lead Power Quantitative Risk Modeler

Lead Power Quantitative Risk Modeler Overview

Join ExxonMobil as a Lead Power Quantitative Risk Modeler, where you will play a crucial role in supporting and advancing our Risk Management function. As a member of the Quantitative Risk team within the Trading Risk & Compliance organization, you will contribute to our Upstream Gas & Power and Downstream Crude & Products trading activities.

Key Responsibilities

• Develop and maintain quantitative valuation models for Power markets.
• Create and support risk management models for Trading Strategies, Real Options Valuation, and Forward Curve simulations.
• Conduct quantitative analyses of structured deals to assist in market-based asset valuations and hedging strategy design.
• Implement advanced statistical analyses for scenario analysis and stress testing methodologies.
• Model and estimate historical and implied volatilities and correlations.
• Provide recommendations for enhancing risk management models.
• Communicate complex recommendations effectively to various stakeholders, including management and traders.
• Engage in Quantitative Analysis topics as required by the evolving needs of the Risk organization.

Qualifications

• Advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science, or other STEM fields.
• Experience and knowledge of Power markets.
• Substantial experience in Energy Quantitative Risk, Structuring, or Risk Analysis related to Energy Commodities.
• Solid understanding of option theory, Monte Carlo simulation techniques, and mathematical optimization methods.
• Knowledge of global and domestic energy and carbon markets, including trading strategies and risk management best practices.
• Proficiency in programming languages such as Python, R, MATLAB, and SQL.
• Credit Risk Modeling experience is a plus.

Benefits

• Competitive starting salary.
• Generous resettlement allowance.
• Defined Benefit Pension scheme.
• Share incentive plan.
• Private healthcare for employees and their families.
• Access to free gym facilities at most UK locations.

At ExxonMobil, we are committed to fostering a diverse workforce and creating sustainable solutions that improve quality of life. If you are ready to bring your expertise to our team, we encourage you to apply.

Degree Requirement: Not Specified

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