Lead Products Quantitative Risk Modeler

Lead Products Quantitative Risk Modeler Overview

At ExxonMobil, we are committed to leading in energy innovations that enhance modern living while minimizing emissions. As one of the largest publicly traded energy and chemical companies globally, we pride ourselves on our diverse workforce and the talent that drives our success. We invite you to join us in creating sustainable solutions that meet society’s evolving needs.

We are currently seeking a qualified and experienced individual to join our Quantitative Risk team within the Trading Risk & Compliance organization. This role will support ExxonMobil’s Upstream Gas & Power and Downstream Crude & Products trading activities.

Key Responsibilities

• Develop and validate quantitative valuation models for Oil Products markets including Gasoline, Jet Fuel, and Heating Oil.
• Create and maintain risk management models for trading strategies, real options valuation, and simulations of forward curves.
• Conduct quantitative analyses of structured deals to support market-based asset valuations and design hedging strategies.
• Apply advanced statistical analyses for scenario analysis and stress testing methodologies.
• Model and estimate historical and implied volatilities and correlations.
• Provide recommendations for the improvement of risk management models.
• Effectively communicate complex recommendations to management, traders, originators, and risk management teams.
• Engage in quantitative analysis topics as required by the dynamic 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 majors.
• Experience and knowledge of Oil Products markets.
• Extensive experience in Energy Quantitative Risk, Structuring, or Risk Analysis in energy commodities and marketing.
• 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 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.
• Free gym access at most UK sites.

Please note that benefits may change over time without prior notice, subject to applicable law.

Degree Requirement: Not Specified

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