Full-Time
Lead Power Quantitative Risk Modeler
ExxonMobil
10,001+ employees
Global fuel producer, distributor, stations network
No salary listed
London, UK
In Person
 Quantitative Finance (1) |
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- Advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
- Experience/knowledge of Power markets.
- Highly experienced in Energy Quantitative Risk, Structuring, or Risk Analysis in Energy Commodities and Marketing: crude oil, refined products, power, natural gas, LNG, renewables, environmental products etc.
- Solid understanding of option theory (Option Greeks etc.), Monte Carlo simulation techniques (i.e., PCA) and mathematical optimization methods (i.e., Dynamic Programming).
- Knowledge of global/domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
- Proficiency in Python, R, MATLAB, or other programming languages. Additionally programming in SQL.
- Credit Risk Modeling experience is a plus.
- Develop, validate, maintain quantitative valuation models of Power markets.
- Develop, validate, maintain and support risk management models for Trading Strategies, Risk Management, Real Options Valuation, and Simulation of Forward Curves.
- Conduct quantitative analysis of structured deals to support market-based asset valuations and design hedging strategies.
- Apply advanced statistical analysis into the design, analysis, implementation, and refinement of scenario analysis and stress test methodologies and tools.
- Model and estimate volatilities and correlations, both historical and implied.
- Provide recommendations for improvement and enhancement of risk management models.
- Effectively communicate recommendations on complex topics to a variety of constituents, including Management, Traders, Originators and Risk Management.
- Work on Quantitative Analysis topics as required based on evolving needs of this dynamic Risk organization.
- Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro etc.) and experience with Tableau or comparable Analytics platforms is a plus.
ExxonMobil operates a global network of Exxon and Mobil fuel stations offering gasoline, diesel, motor oil, and convenience-store items to individuals and commercial customers, and it also supplies wholesale fuels. Customers purchase fuel and related products at stations, use loyalty programs, and may add services like car washes; Alexa voice-pay options are available at many stations to speed transactions. The company differentiates itself with a vast, vertically integrated retail and wholesale network, broad loyalty programs, and technology-enabled payments. Its goal is to provide reliable energy and fuel access worldwide while delivering value through a wide range of services and payment options, maintaining leadership in the energy sector.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Irving, Texas
Founded
1866
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Simplify's Take
What believers are saying
- Global operations across 60 countries support broad customer reach and cross-selling.[11]
- Integrated fuels, lubricants, and chemicals enable bundled offerings for fleets and retailers.[1][5]
- Next-generation technologies support higher-value energy and lower-emissions product development.[14][1]
What critics are saying
- Revenue growth depends on Guyana, Permian, and LNG ramps delivering on schedule.[6]
- Golden Pass delays or weak LNG markets would hit a major growth driver.[2]
- Refining and chemicals margins can offset upstream gains during commodity downturns.[1][13]
What makes ExxonMobil unique
- Three business lines centralize technology and engineering for tighter execution.[6]
- Downstream sells over 5.4 million barrels daily across branded retail networks.[3][5]
- LNG is a distinct Upstream business, with Golden Pass cargoes starting in 2026.[2]
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Benefits
Health Insurance
Life Insurance
401(k) Retirement Plan
Competitive compensation
Medical plans
Maternity Leave
Retirement benefits
Annual vacations & holidays
Day care assistance program
Training and development program
Tuition assistance program
Workplace flexibility policy
Relocation program
Transportation facility
Company News
Exxon Mobil shares fell sharply on 8 April despite strong quarterly performance, as US-Iran ceasefire talks eliminated the energy sector's "war premium". Brent crude dropped to its lowest level in nearly a month as the two countries began negotiations in Pakistan. The company disclosed that disruptions in Qatar and the UAE would reduce first-quarter global oil-equivalent production by approximately 2% compared to the fourth quarter of 2025. These Middle Eastern assets represent about 12% of Exxon's total oil production. Preliminary earnings showed approximately $5 billion, or $1.20 per share, compared to adjusted earnings of $7.3 billion in the fourth quarter. Higher oil and gas prices could boost upstream earnings by roughly $1.4 billion, but downstream earnings face a $5.3 billion hit from timing effects related to derivatives and conflict-delayed cargoes.
ExxonMobil has told the SEC that producing its annual Form 10-K requires roughly 20,000 employee hours over six weeks, characterising it as a "considerable undertaking" during the regulator's review of Regulation S-K. However, a return-on-investment analysis reveals the compliance cost is minimal compared to the value it generates. Including legal, executive and board costs, the total 10-K production cost is approximately $15 million — just 0.005% of ExxonMobil's $332 billion 2025 revenues and 0.052% of its $28.8 billion net income. The company spends more on capital investment in a single business day than on the entire compliance exercise. Meanwhile, academic research shows public listing commands a 20-25% premium over private companies. Applied to ExxonMobil's $648 billion market capitalisation, mandatory disclosure through the 10-K enables $130-162 billion in shareholder value — delivering a 19,000-to-1 return on compliance costs.
Exxon Mobil disclosed approximately 6% of global output was lost during the first quarter due to the Iran conflict disrupting Persian Gulf operations, with half the impact from a liquefied natural gas facility in Qatar. Two LNG trains were damaged by Iranian missile strikes, with no clear repair timeline. The company expects a $3.7 billion sequential decline in its energy-products division, though management characterised the impact as temporary. Higher commodity prices are providing offset, with estimated gains of $2.1 billion from crude and $400 million from natural gas. Excluding timing effects, per-share earnings were higher quarter over quarter. The Persian Gulf typically accounts for one-fifth of Exxon's global output. The disruption follows recent growth projects and acquisitions that had lifted production by over 30% in the past three years.
Exxon Mobil shares have surged 34% year-to-date as the Iran conflict pushed Brent crude above $100 per barrel, disrupting traffic through the Strait of Hormuz, which carries one-fifth of global oil and LNG flows. However, XOM stock plunged 5% on 1 April following reports the conflict may end soon, marking its worst single-day drop in over a year. The US International Development Finance Corporation launched a $20 billion maritime reinsurance programme to restore confidence and resume oil tanker traffic. Exxon's fourth-quarter earnings showed EPS of $1.71, beating estimates by 2%, with revenue of $82.31 billion. Net income reached $6.5 billion, though net income growth contracted 14% amid margin pressure. The company currently trades at a premium valuation with a trailing P/E of 23 times.
As the US-Israel war with Iran enters its fifth week, American defence contractors and oil companies are reaping substantial profits whilst consumers face surging petrol prices approaching $4 per gallon. Defence stocks have surged, with Lockheed Martin jumping 25% this year after winning a contract to triple missile seeker production. Oil companies including ExxonMobil, Shell and Chevron have seen share prices rise over 20% as US crude nearly doubled from $65 to over $110 per barrel following Iran's blockade of the Strait of Hormuz. US oil producers could gain an additional $63 billion in profit, according to Rystad Energy. The situation mirrors 2022's Russia-Ukraine crisis, when global oil companies made $916 billion whilst American consumers faced record $5 per gallon petrol prices and 9% inflation.