Sr. Financial Power Trader

Exxon Mobil Corporation
Spring, TX, United States
23 days ago
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Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
10 years minimum
Working hours
Regular working hours
Job source

Tech stack

Data Analysis RAROC

Job description

  • Run a point of view driven financial power book across ERCOT), MISO (specifically South Region), and PJM as appropriate, expressing views through flat price, spreads, heat rates, congestion.
  • Develop trading strategies that capture the gas-power linkages, leveraging Exxon’s structural equity positions and the platform’s broader fundamental view.
  • Partner with our Analytics team to build and maintain quantitative tools and fundamental models - generation stack analysis, renewable penetration, load forecast, congestion analytics - to support disciplined decision make
  • Manage risk actively across vol, spread, basis and directional exposures, with systematic sizing and tail-risk protection.
  • Collaborate with gas traders, market analytics, origination, and risk teams to ensure the power book reflects the full information set.
  • Contribute to the build-out of the power trading capability as the Americas Gas & Power platform continues to scale., * Pension Plan: Enrollment is automatic and at no cost to you. The basic benefit is a monthly annuity to be paid to you in retirement for the rest of your life.
  • Savings Plan: You can contribute between 6% and 20% of your pay and are encouraged to enroll right away. If you contribute at least 6% to your savings plan, the Company will contribute a 7% match.
  • Workplace Flexibility: We have several programs such as “Flex your Day”, providing ad-hoc flexibility around when and where you work, as well as longer-term programs such as leaves of absence and part-time work.
  • Comprehensive medical, dental, and vision plans.
  • Culture of Health: Programs and resources to support your wellbeing.
  • Employee Health Advisory Program: Provides confidential professional counseling for you and your family, including tools and resources promoting mental health and resiliency at no additional cost to you.
  • Disability Plan: Income replacement for when you cannot work due to illness or injury occurring on or off the job. Enrollment is automatic and at no cost to you.

Requirements

  • 10+ years of financial power trading experience at an energy marketer, bank, merchant, hedge fund, or producer with direct P&L and a demonstrable track record.
  • Proven performance across a mix of strategies with evidence of consistent risk-adjusted returns.
  • Deep fundamental grounding in North American power markets: generation stack dynamics, renewable penetration, load and weather drivers, transmission constraints, regulatory developments and ISO market design.
  • Expert experience creating, interpreting and managing a forward fixed price, heat rate and basis curve.
  • Comfortable working with dedicated Quant teams building python-based tools for fundamentals, pricing, signal generation, and risk.
  • Ability to interpret pricing model results and understand input assumptions - proactive monitor and provide feedback for continuous model improvement.
  • Expert understanding of the gas-power linkage and the ability to integrate gas fundamentals into a power trading view.
  • Disciplined risk management instincts and a track record of performing across different market regimes.
  • Advanced knowledge of Risk Management/Assessment measures - V@R, draw down, position limits, NOP, MtM and cash variance
  • Senior mindset: able to operate independently, mentor junior talent, and contribute to the strategic direction of the book.
  • Experience explaining and delivering complex topics in simple and understandable terms
  • Bachelor’s degree required; advanced degrees in a quantitative energy-focused field a plus.

About the company

At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. 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 (https://corporate.exxonmobil.com/About-us/Who-we-are) and how we can work together .

About Houston

ExxonMobil’s state-of-the-art campus north of Houston serves as home to its Upstream, Product Solutions and Low Carbon Solutions businesses and their associated service groups. The facility opened in 2014 and accommodates more than 10,000 employees and visitors.

By bringing many global functional groups together, the campus provides employees with the tools and capabilities needed today, and in the future, to achieve business objectives and accelerate the discovery of new resources, technologies and products. It was designed to foster improved collaboration, creativity and innovation and enhance the company’s ability to attract, develop and retain the top talent in the industry.

The campus is located in Spring, Texas, on 385 wooded acres immediately to the west of Interstate Highway 45 (I-45), at the intersection of I-45 and the Hardy Toll Road, approximately 25 miles from the cultural vibrancy of downtown Houston.

The campus was constructed to the highest standards of energy efficiency and environmental stewardship. Its design incorporates extensive research into best practices in building and workplace design through extensive benchmarking of the world’s top academic, research, and corporate facilities.

Learn more about what we do in Houston here. (https://corporate.exxonmobil.com/locations/united-states/houston-campus)

Why ExxonMobil’s Americas Gas & Power Trading

Most financial trading seats are either pure financial shops trading screens and published data or utility/IPP desks managing a narrow asset position. It is rare to have a power seat embedded in a platform that trades both sides of the gas-power linkage at scale.

This is a role for someone who wants to operate at the center of a growing platform - building a power book with the kind of cross-commodity intelligence, infrastructure access, and institutional staying power that most pure-play trading firms simply cannot replicate. ExxonMobil offers competitive total compensation, world-class benefits, and the kind of career continuity and a long-term investment in people that most trading shops simply do not offer.

What role you will play in our team

ExxonMobil’s Americas Gas & Power Trading group is looking for a Sr. Financial Power Trader to join our platform, running a point of view financial power book across major North American ISOs. This is a senior seat at one of the largest energy companies in the world, backed by a material gas and power position, and the cross-commodity intelligence that comes from trading both commodities. You will trade a point of view across power curves, spreads, congestion, and heat rates grounded in fundamental insight, and the gas-power linkage that defines today’s market. This is a P&L owning seat with the mandate to scale across the broader business.

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