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ExxonMobil

Produces oil, gas, fuels and chemical materials

Lead Power Quantitative Risk Modeler

Quantitative RiskConfirmed live in the last 24 hours
Full-timeLondon, UKIn-person

About the Job

Requirements

  • An advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science, or another STEM major.
  • Experience or knowledge of power markets.
  • Extensive experience in energy quantitative risk, structuring, or risk analysis in energy commodities and marketing, including crude oil, refined products, power, natural gas, LNG, renewables, and environmental products.
  • A solid understanding of option theory, including option Greeks; Monte Carlo simulation techniques, including PCA; and mathematical optimization methods, including dynamic programming.
  • Knowledge of global and 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 another programming language, and programming in SQL.

Responsibilities

  • Develop, validate, and 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 to the design, analysis, implementation, and refinement of scenario analysis and stress-test methodologies and tools.
  • Model and estimate historical and implied volatilities and correlations.
  • Recommend improvements and enhancements to risk management models.
  • Communicate recommendations on complex topics to management, traders, originators, and risk management stakeholders.
  • Work on quantitative analysis topics as required by the evolving needs of the risk organization.

Desired Qualifications

  • Credit risk modeling experience.
  • Familiarity with energy commodities ETRM systems such as Endur or Allegro, and experience with Tableau or comparable analytics platforms.

About the Company

ExxonMobil

Produces oil, gas, fuels and chemical materials

ExxonMobil produces oil and natural gas and manufactures fuels, lubricants, and chemicals for transport operators, industrial customers, and consumers around the world. Its businesses span resource exploration and production, refineries that turn crude oil into fuels, and plants that make plastics and other chemical materials. The company sells products through wholesale supply agreements and the Exxon, Esso, and Mobil brands, including motor oils for vehicles and machinery. It also sells services that capture, transport, and store industrial carbon dioxide underground. The merged company formed in 1999 from Exxon and Mobil, with roots in earlier oil businesses, and is headquartered in Spring, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Spring, TX
Founded
1999

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