Market Risk Analyst - Crude & Freight

ExxonMobil • Spring, TX

85d • Onsite

About The Position

The Market Risk Analyst monitors trading activities for compliance with Market Risk Management policies and develops and maintains tools for Global Trading activities. The role independently identifies, measures, and reports trading gross margin, exposures, and market risk across the portfolio of transactions executed and owned by the Commercial organization. As part of a dynamic global team, the analyst advises the Commercial organization on risk appetite, risk limit utilization, market risk mitigation strategies, and provides risk assessments and insights to senior management. The position is based at ExxonMobil's campus in Spring, Texas.

Requirements

• 2–4 years of experience in financial, energy, or chemical risk management.
• Strong knowledge of crude oil, refined products, natural gas, and/or freight markets, as well as other energy and traded markets.
• Strong understanding of physical trading, derivatives, and financial products.
• Excellent quantitative and analytical skills.
• Excellent proficiency in Excel, SQL, and quantitative programming languages such as Python.
• Experience with Energy Trading Risk Management Systems.
• Strong interpersonal skills and collegiality, balanced with a disciplined risk management approach.
• Bachelor's degree or above in Economics, Finance, Mathematics, or Statistics.

Nice To Haves

• Experience with Python and SQL.
• High level of Excel proficiency.
• Familiarity with trade capture and nomination/scheduling systems.
• A Master's degree, MBA, CFA, or Ph.D.

Responsibilities

• Act as the Market Risk focal point for front-office and senior stakeholders, developing strong Commercial relationships and understanding Global Trading strategies, exposures, and trade-desk growth aspirations.
• Understand supply and demand fundamentals, regional and locational price differences, spread drivers, historical market direction, and underlying trends.
• Apply market risk management principles proactively and transparently, and engage in debate with Global Trading when necessary.
• Independently assess and advise on risk profiles from trade to portfolio level, including risk-reward trade-offs, constrained-risk optimization, liquidity, market fundamentals, and market sentiment sensitivities.
• Ensure adherence to exposure and risk limits and advise on actions to reduce risk when necessary.
• Execute daily market risk processes and generate risk reports in close collaboration with Global Trading teams.
• Provide daily commentary on key portfolio activity, market intelligence implications, exposure changes, and new deal activity.
• Collaborate with Global Trading support functions, including Finance and Accounting, on deal support and portfolio queries.
• Validate positions and reconcile data inconsistencies with traders to maintain Global Trading data integrity.
• Review hedging plans, support development of Global Trading limits, and ensure proposed transactions and hedges can be valued and reported in the risk management system of record.
• Build and develop risk reporting and ad hoc analysis tools using advanced computer skills, such as Excel, VBA, SQL, Python, R, Tableau, and Power BI.
• Participate in month-end, quarter-end, and year-end closing processes.
• Work daily with refinery coordinators and optimizers, product schedulers, and crude traders to validate production data and trades affecting inventory positions and to generate hedging signals.

Benefits

• Pension plan with automatic enrollment at no cost and a monthly retirement annuity.
• Savings plan allowing contributions of 6% to 20% of pay, with a 7% company match when contributing at least 6%.
• Workplace flexibility programs, including ad-hoc flexibility around when and where employees work, leaves of absence, and part-time work options.
• Comprehensive medical, dental, and vision plans.
• Wellbeing programs and resources.
• Confidential professional counseling for employees and their families, including mental health and resiliency resources at no additional cost.
• Disability plan providing income replacement for illness or injury, with automatic enrollment at no cost.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level