Global Trading Market Risk Valuation Manager

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:
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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.
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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.
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Ensure robust execution of daily product control operations and ensure practices align with internal control standards and external regulatory requirements as applicable.
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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.
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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.
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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.
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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.
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Take personal ownership in developing and training others to reach full potential and represent Market Risk in GBC D and S council as well as proactive participation in talent management activities
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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.
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Support key stewardship processes, senior management requests, planning and budgeting activities, and Trading Risk Committee facilitation if needed
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Provide ind
Job Type: Permanent