Lead Quantitative Risk Modeler

Singapore, Singapore

Job Description


About usAt ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world\xe2\x80\x99s 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\xe2\x80\x99s evolving needs. Learn more about and how we can .ExxonMobil in SingaporeExxonMobil is one of Singapore\xe2\x80\x99s 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.For more information, visit www.exxonmobil.com.sg or follow ExxonMobil Singapore on LinkedIn and Instagram.What role you will play in our teamWe are looking for qualified and highly experienced individuals with strong credentials to support and advance ExxonMobil\xe2\x80\x99s Risk Management function. A member of the Quantitative Risk team which is part of the Trading Risk & Compliance organization, the successful candidate will help support ExxonMobil\xe2\x80\x99s Upstream Gas & Power as well as Downstream Crude & Products trading activities. The position is based in Singapore at the ExxonMobil offices.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 \xe2\x80\x9cfit for purpose\xe2\x80\x9d.
  • 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.
About youSkills and QualificationsWe are looking for someone who has a strong Quantitative / Risk Management background and has the following qualifications:
  • Advanced degree (Master\xe2\x80\x99s, 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 benefitsAn 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:
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Equal Opportunity EmployerIt 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 recruitment, hiring, work assignment, promotion, transfer, termination, wage and salary administration, and selection for training.Please be informed that only shortlisted candidates will be notified, and you can find out more about our hiring process .We thank you for your interest in ExxonMobil.Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.

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Job Detail

  • Job Id
    JD1456774
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned