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Power Trading Analyst

5651326

Leatherhead, England

2 days ago

ExxonMobil

Irving, United States

Darren Woods

$10+ billion (USD)

Company - Public

1870


Job Description

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 has operated in the U.K. for more than 135 years. We are best known today for the marketing of our Esso fuels and Mobil 1 lubricants and for our petrochemicals. We have refining and chemical operations in the UK, we operate the UK’s biggest private pipeline network and we retain a non-operated share in a number of fields in the North Sea. More recently, we are developing our involvement in lower emission projects in the UK, building on our experience in carbon capture and storage (CCS), hydrogen production and biofuels.

An ExxonMobil career is one designed to last. 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. We offer an excellent remuneration and benefits package, which includes a competitive salary, defined benefit pension scheme, share incentive plan and private health care for employees and their families.

Please note benefits may be changed from time to time without notice, subject to applicable law.


More about us


We are continuing to expand our global trading organization, and rapidly building our analytical capabilities. We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business, and who enjoy working in dynamic, collaborative, and diverse global teams.


Currently we have an opportunity for an experienced Power Trading Analyst to be part of our Global Trading Analytics team.


The role will work very closely with our teams on the trading floor and is currently based in Leatherhead, Surrey (but with a view to relocate to a central London location).


The closing date for this role is Friday, 28th July 2023.


What role will you play in our team


You will provide market expertise, fundamental analysis, statistical modelling and opportunity & risk identification, to support power trading, structuring, and origination activities. You will take responsibility for understanding and analyzing ExxonMobil’s pan European portfolio of sites as we support ExxonMobil’s European business in transforming to a lower carbon future. These include refineries with onsite power production and chemical plants, as well as our portfolio of existing European contracts and business development opportunities. You will help us to capture additional value by advising on trading strategies, the optimisation of existing Power assets, and the identification and structuring of new opportunities.


What you will do


  • Leveraging detailed market understanding to recommend profitable trading, optimization, and business development strategies
  • Researching, analysing and interpreting fundamental drivers across the European Power space, and translating these into market views and forward price outlooks to drive trading strategies
  • Leading the development & improvement of analytical tools:
    • Development and/or enhancement of existing analytical tools to improve insights from market fundamentals
    • Remaining knowledgeable about leading-edge developments, analytical techniques, technologies and tools in advanced analytics
    • Valuation and cash flow modelling of both potential projects and structured deals, to support investment cases and help to select winning bidders in Power tenders.


About you


  • Be educated to Degree level (or equivalent) in a numeric discipline e.g. Engineering, Science, Economics, Finance, Mathematics or Statistics (or hold other relevant industry experience)
  • Have previous experience in the European wholesale power industry or related consultancy experience
  • Be experienced in developing power price forecasts within a trading/consultancy environment, to inform trading strategies
  • Have experience in Europe power fundamentals analysis & advanced analytical methods, including:
    • Strong numerical, analytical and modelling skills
    • Demonstrable analytical/innovative thinking expertise, intellectual rigor, drive, and desire to lead change
    • Experience working with tools including Eikon, Bloomberg, other databases and analytical/visualisation tools
    • Established knowledge of data modelling and proficiency with R, Python or Matlab would be beneficial but not essential
  • Be able to demonstrate:
    • Strong communication & interpersonal skills
    • The ability to collaborate effectively with internal & external customers
    • A creative approach to problem solving
    • The ability to work with multi-cultural global teams


Preferred Qualifications/ Experience


Ideally the successful candidate would be familiar with the modelling of physical power assets, ancillary services such as capacity mechanisms, and an in depth knowledge of at least one North West European power market, with a keen interest to learn about wider markets across Europe. Experience in other commodities would also be beneficial, as would European language proficiency.


Stay connected with us


Learn more at our website
Subscribe our channel at YouTube
Follow us on Twitter at @ExxonMobil_UK


Conditions of Employment

Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.

Equal Employment Opportunity Policy
ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.


Conditions of Employment

Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.

Equal Employment Opportunity Policy
ExxonMobil and its United Kingdom subsidiary companies, Esso Petroleum Company, Limited, and ExxonMobil Chemical Limited, are equal opportunity employers and all qualified applicants will receive consideration for employment. All applicants are offered equal opportunity to demonstrate their abilities during our recruitment processes, therefore, please contact the Recruitment Team if you wish to discuss any particular requirements to enable you to complete our recruitment process.


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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