Risk Control Analyst


Houston, TX, US

Company:  ExxonMobil

Job Role Summary


Responsible for monitoring and managing the risk associated with ExxonMobil’s Upstream Gas or Downstream Crude and Products trading activities. You will provide risk control analysis and reporting for global and regional activities and advising daily on risk positions, value and potential risk / exposure. 

Job Responsibilities


In this position you will:
•    Execute daily risk control processes and risk reports; working alongside trading to manage market and operational risk
•    Ensure daily data integrity, validate positions, and reconcile data inconsistencies with responsible traders
•    Develop and maintain forward curves and support validation of applicable prices
•    Monitor and report daily mark-to-market, P / L, and position matching (physical vs. paper) reports to management
•    Construct, analyze and validate Value at Risk (VaR) models for complex transactions; define / execute periodic stress testing
•    Identify exceptions to established limits and tolerances; remedy through authorizations or corrective actions
•    Advise on the financial impact and risk exposure of new strategies, activities or transactions
•    Ensure exchange (ICE, CME, Baltic) and regulatory (MIFID, EMIR, D-F) compliance
•    Maintain general knowledge, expertise and awareness in the energy trading risk management area

Minimum Requirements & Preferred Skills, Abilities and Knowledge


•    Bachelor's degree or above (Master's, MBA, CFA, or Ph.D.) in Economics, Finance, Mathematics or Statistics


Required Qualifications: 
•    2-10 years of experience in petrochemical trading, financial or energy risk management
•    Attention to detail with a strong process execution focus
•    Strong analytical skills, and knowledge of financial instruments
•    Strong leadership, communications skills, and presence in discussions with senior management
•    Good understanding of decision analysis techniques, statistical modelling and comfort in modelling issues involving risk and uncertainty
•    Good understanding of financial analyses and application to energy transacting


Preferred Qualifications:
•    Familiarity with ExxonMobil Trading organization 
•    Experience with or knowledge of financial derivatives, risk evaluation and management techniques 
•    Strongly preferable to be familiar with trade capture and nomination / scheduling systems; must be proficient in Excel


Alternate Location:  

ExxonMobil is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Nearest Major Market: Houston

Job Segment: Tax, Risk Management, CFA, MBA, Finance, Management