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Summer Placement - Global Trading - Quantitative Analyst - London - 2025 start date

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ExxonMobil

13d ago

  • Internship
    Full-time
    Placement Program
  • Data
    Banking & Finance
  • London

AI generated summary

  • You must be in your penultimate/final year of a relevant Master's/PhD, know option theory and financial engineering, program in Python/Excel-VBA, and have strong analytical and communication skills.
  • You will analyze quantitative models, back test performance, evaluate physical assets, recommend trading strategies, and document results and assumptions in the energy commodity market.

Requirements

  • 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

Responsibilities

  • - 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

FAQs

What is the duration of the Summer Placement program?

The Summer Placement program lasts for 8 weeks, commencing in July 2025.

Who is eligible to apply for the Summer Placement position?

Applicants must be in their penultimate or final year of Masters or PhD studies in Mathematical Finance, Computational Finance, Financial Engineering, or a similar subject.

What kind of analytical skills are expected from candidates?

Candidates should demonstrate outstanding analytical, numerical, and problem-solving skills.

How will candidates be evaluated during the application process?

The evaluation will consist of a two-stage assessment process, including a behavioral assessment followed by a technical, competency-based interview conducted virtually over Zoom.

Is this position paid?

Yes, the Summer Placement position is a paid opportunity.

What programming languages should applicants be familiar with?

Applicants should be fluent in programming languages such as Python or Excel-VBA.

What are the key responsibilities of someone in this position?

Responsibilities include developing an understanding of the energy commodity market, conducting analysis of quantitative models, supporting market-based valuations, developing trading strategies, and documenting results and assumptions.

What sort of mentorship will participants receive during the placement?

Participants will receive support and guidance from managers, supervisors, recent graduates, and will work closely with Senior Front-Office Quants.

What technical knowledge should candidates have related to finance?

Candidates should have an understanding of option theory, including stochastic calculus and option Greeks, as well as familiarity with financial engineering techniques such as Monte Carlo simulation and dynamic programming.

What is the application deadline for this position?

The closing date for applications is Sunday, 3rd November 2024.

Energy
Industry
10,001+
Employees
1882
Founded Year

Mission & Purpose

The need for energy is universal. That's why ExxonMobil scientists and engineers are pioneering new research and pursuing new technologies to reduce emissions while creating more efficient fuels. We're committed to responsibly meeting the world's energy needs. We aim to achieve #netzero emissions from our operated assets by 2050 (for Scope 1 and 2 greenhouse gas emissions) and are taking a comprehensive approach to create emission-reduction roadmaps for major operated assets.

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Benefits

  • Work-life balance

    Flexibility is key to the way we do business. We support intermittent individual flexibility for employees to adjust when and where they work, as well as paid time off and leave of absence to optimize life and work.

  • Long-term security

    We provide financial protection for you and your family. Offerings such as life insurance and disability leave ensure income stability during difficult times.