Lead Quantitative Risk Modeler
3 days ago
**About us**
At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.
The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.
We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about **our What and our Why** and how we can** **work** together**.
**ExxonMobil in Singapore**
ExxonMobil is one of Singapore’s largest foreign manufacturing investors with over S$25 billion in fixed asset investments.
We have manufacturing facilities that include an integrated world-scale refining and petrochemical complex in Jurong and Jurong Island, a network of service stations under the Esso brand, operate a lubricant plant and are a supplier of cylinder cooking gas. ExxonMobil provides customers and commercial markets in the region with ground transportation, industrial, aviation and marine fuels, lubricants, petrochemicals and liquefied natural gas (LNG).
As Singapore serves as the AP hub for some of our businesses, we employ about 3,500 people across positions in operations, projects, commercial, corporate support functions and others.
ExxonMobil also contributes to community programs in Singapore that support the arts, education, health and the environment.
**What role you will play in our team**
**What you will do**
- Maintain, analyze, and help validate Value at Risk (VaR) models capable of handling complex transactions and assets modelling. Assess existing models and ensure that they are “fit for purpose”.
- 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.
- 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.
**About you**
**Skills and Qualifications**
We are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications:
- Advanced degree (Master’s, MBA, or Ph.D.) in Finance, Economics, Statistics, Mathematics, Engineering, Computer Science or other STEM majors.
- 5-15 years working experience 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).
- Proficiency in Python, R, MATLAB, or other programming languages. Additionally, programming in SQL.
- Knowledge of global/domestic energy and carbon markets, including fundamentals, origination and deal structuring, trading strategies and related risk management standards and best practices.
- Credit Risk Modeling experience is a plus.
Preferred Qualifications/ Experience:
Familiarity with energy commodities ETRM systems (i.e., Endur, Allegro etc.) and experience with Tableau or comparable Analytics platforms is a plus.
**Your benefits**
An ExxonMobil career is one designed to last and we provide job rotations throughout your career with us. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance, and life.
Currently our employees benefits include: Long Term Savings Allowance, dental reimbursement, annual health checkups and Home Ownership Assistance Plan amongst others and these are updated from time to time.
**Stay connected with us**:
- Learn more at our website
- Follow us on LinkedIn and Instagram
- Like us on Facebook
- Subscribe our channel at YouTube
**Equal Opportunity Employer**
It is the policy of the Company to provide equal employment opportunity in conformance with all applicable laws and regulations to individuals who are qualified to perform job requirements. The Company administers its personnel policies, programs, and practices in a non-discriminatory manner in all aspects of the employment relationship, including recruitme
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