Job Title: Carbon Analyst
Job Type: Full Time
Location: Leatherhead, SRY, GB
Company: ExxonMobil
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 awaits you.
We are more than just one of the largest energy companies in the world. ExxonMobil is a place where we believe people should think independently, take initiative, grow to their full potential and help shape the future of energy. Diversity drives innovation and we are committed to providing inclusive workplaces where everyone can thrive, regardless of their background. The safety and wellbeing of our employees is at the heart of everything we do. We build skills and competencies through training and work experiences in a wide range of assignments. With a long history of industry leadership and cutting edge innovation, we are committed to addressing the dual challenge facing society today: to meet the world’s growing demand for energy while reducing environmental impacts, including the risk of climate change.
We are rapidly expanding our global trading organisation across our key locations. To further capitalise on commercial insights, we are rapidly building our trading, origination & analytical capabilities to capture new assets and enter new market areas in Europe. We are looking for passionate individuals with an entrepreneurial mind-set to drive change in our business.
The current opportunity is for an experienced Carbon Analyst to join our Front Office Analytics team, currently based in Leatherhead, Surrey (but with a view to relocate to a more central London location in early 2023).
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.
The closing date for this role is Sunday, 22nd January 2023.
What role would you play within our team.
You will bring expertise in carbon, renewables and associated markets, providing fundamental analysis, statistical modelling and opportunity & risk identification that supports trading, structuring, and origination activities across multiple markets. You will develop and maintain a strong knowledge of the regulatory space around renewable obligations and compliance certificates within Europe, and advise the relevant teams on optimal strategies for managing our portfolio of credits and certificates. You will also take responsibility for understanding and analysing ExxonMobil’s operations across Europe as we support the business transforming to a lower carbon future. Operations include chemical plants and refineries with onsite power production, as well as a portfolio of existing commercial agreements and future business development opportunities.
The key deliverables include:
Building and maintaining supply and demand balance models for the EU and UK ETS markets, working closely with our Gas, Power and Fuels analytics teams to align assumptions and generate market insights.
Working directly with our environmental products traders to develop ETS trading strategies, whilst minimising cost and risks for our own ETS demand requirements.
Help to advance our commercial strategies around European Biogas Guarantees of Origin, Power related Guarantees of Origin, and other related products, working closely with our Gas and Power Business development and Origination teams
Working with regulatory experts to understand developments in the sector, and advising traders and business developers on all aspects of environmental product offerings.
Leading the development and enhancement of analytical tools by deploying leading-edge analytical techniques and technologies.
Who are we looking for.
To be eligible for this role, you must:
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 ETS and environmental products analytics, or related consultancy experience.
Be experienced in developing price forecasts within a trading/consultancy environment, to inform trading strategies.
Have experience in 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 terminals, databases and analytical/visualisation tools
Established knowledge of data modelling and proficiency with Python 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
Other desirable experience would include:
Established knowledge of data modelling and proficiency with Python
Experience with technical trading analysis, and translating signals from indicators into trading strategies
Knowledge of derivatives, including analysis of option pricing and volatility
Broad high-level knowledge on sectors that interact with ETS: power, refining, cement and metals
Carbon Analyst