ExxonMobil
Job title:
Summer Placement – Global Trading – Quantitative Analyst – London – 2025 start date
Company
ExxonMobil
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’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 and how we can .ExxonMobil Global Trading is where we trade oil, natural gas, and energy products safely and responsibly around the world. We leverage our expertise in analytics, logistics, origination, and knowledge of energy markets to maximize the value of our global assets and deliver industry-leading results. This is an exciting time to join our growing trading team and be an integral part of ExxonMobil!What role you will play in our teamWe are now recruiting for our 2025 Summer Placement Programme. We are looking for people who can think analytically, enjoy innovating and want to apply their skills to solve real challenges in a trading environment. You will spend 8 weeks with our global Quantitative Analytics team in our Global Trading organization, commencing in July 2025. This team’s general responsibility is working day-to-day with traders, analysts, origination and business-development teams across global business lines to support trading, commercial, and project activities and studies. As part of our Summer Placement Programme, you will be mentored by Senior Front-Office Quants and work very closely with our trading teams on our trade floor.If you are interested in discovering more about ExxonMobil Global Trading in the UK and meeting some of the people working there, register for the jobinar on 26th September 2024 on the following link.What you will doYou will apply your skills to accomplish the following:
- Develop a basic understanding of the energy commodity market
- Conduct in-depth analysis of quantitative models and back test the performance
- Support market-based valuations of physical assets and structured deals
- Develop and recommend profitable trading / hedging strategies
- Document the key results and assumptions
Whilst on placement with ExxonMobil you will have support and guidance from managers, supervisors and recent graduates to enable you to apply your degree knowledge and fulfil your potential. You will gain confidence and experience as an individual, learning new skills in a real trading environment.About you
- Be in the penultimate or final year of your Masters or PhD studies in Mathematical Finance, Computational Finance, Financial Engineering, or similar subject
- Have an understanding of option theory, particularly stochastic calculus and option Greeks
- Be familiar with financial engineering techniques, such as Monte Carlo simulation and dynamic programming
- Be fluent in a programming language such as Python or Excel-VBA
- Be seeking to gain work experience on an 8 week paid Summer Placement, commencing in July 2025
- Be able to demonstrate:
- Outstanding analytical, numerical and problem solving skills
- A strong attention to detail
- An interest in commodity and financial markets
- The ability to communicate, collaborate and work effectively with in an international team environment
- Leadership capabilities
What are the next steps?If you are Interested, you can apply now.
The closing date for this opportunity is Sunday 3rd November 2024, at which point we will begin our two-stage assessment process.
- Behavioural assessment.
- Technical, competency-based interview (virtual over Zoom).
If your application is not successful at any stage we will let you know as soon as we can.ExxonMobil recognises that recruiting and developing the right people is key to our success and so we look for applicants who demonstrate the right skills, attitudes, capability and potential. Our processes are designed to be robust, engaging and consistent.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.
Expected salary
Location
London
Job date
Wed, 04 Sep 2024 22:50:10 GMT
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