Global Trading Market Risk Valuation Manager

24 hours ago


Bengaluru, India Exxon Mobil Full time

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 .What role you will play in our team The Global Trading Market Risk Valuation Manager position leads a team of analysts and advisors in monitoring and managing risk reporting associated with Global Trading activities. The role involves active participation in daily market risk management oversight including, independently identifying, measuring, and reporting trading gross margin, exposures, and the market risk of the portfolio of transactions that are executed and owned by the Commercial organization. The Manager will lead a team of analysts in Bangalore to support daily product control operations including exposure and VaR analysis and reporting, curve management and trading exchange/ broker administration, in support to Trade-hub Market Risk and Trading organization. Based at Bangalore ExxonMobil GBC office. Willing to work from early afternoon to late evening (around 10pm) supporting London trading hours. What you will do Key Responsibilities: Act as a senior Market Risk leader at GBC and responsible for functional and administration guidance to the GBC market risk staff and a key liaison with GBC senior leaders, auditors and external stakeholders with respect to Trading Market Risk matters. Act as Market Risk Valuation and VaR focal point at GBC for Trade hub Market Risk team. Develop strong relationships with Trading Finance and Risk teams at Trade-hub and possess deep end-to-end understanding of Global Trading processes, strategies, associated exposures and future growth plan. Ensure robust execution of daily product control operations and ensure practices align with internal control standards and external regulatory requirements as applicable. Understand supply and demand fundamentals, including regional/locational price differences, fundamental drivers of changes in these spreads, historical market direction and trends/underlying fundamental causes. Show a strong commitment to market risk management principles. When concerns arise, proactively engage in open and transparent discussions with market risk teams and traders as needed. Drive automation and digitalization initiatives to enhance efficiency and accuracy of market risk reporting and analytics. Ensure high data quality standards in risk systems and reporting, identifying and resolving data discrepancies proactively. Independently assess and advise on risk profiles from the trade to portfolio level, considering factors such as risk reward tradeoff, optimization of constrained risk, liquidity, market fundamentals, and market sentiment sensitivities. Take personal ownership in developing and training others to reach full potential and represent Market Risk in GBC D&S council as well as proactive participation in talent management activities Provide direct oversight and supervision to analysts and advisors ensuring daily/monthly reporting processes and market risk analysis are executed within established limits and standards. Support key stewardship processes, senior management requests, planning & budgeting activities, and Trading Risk Committee facilitation if needed Provide independent assessment of new business opportunities by reviewing transaction terms, model assumptions, valuation methodologies, and expected results. Review plan for hedging and provide support to develop trading limits. Ensure that the proposed transaction and associated hedges can be properly valued and reported by the risk management system of record. About You Qualifications and experience: Bachelor's degree or above (Master's, MBA, CFA, etc.) in Quant Finance, Business Economic, Computer Science, Finance, Management 10+ years of experience in petrochemical trading, financial or energy risk management. Experience with or knowledge of financial derivatives and risk evaluation and management techniques. Strong leadership, communications skills, and presence in discussions with senior management. Good understanding of decision analysis techniques, statistical modelling and comfort with modelling issues involving risk and uncertainty. Advanced financial and risk analysis capabilities. The ability to communicate, collaborate and work effectively with an international team environment. Willing to work during early afternoon to late evening (around 10pm) supporting London trading hours. Alternate Location: 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. Job Segment: Sustainability, Risk Management, MBA, CFA, Computer Science, Energy, Finance, Management, Technology



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