Market Risk Analyst

Risk Control Analyst / Senior Risk Control Analyst

Chevron is accepting online applications for this position through January 12th, 2026, at 11:59 p.m. (GMT).

Chevron is one of the world’s leading integrated energy companies, operating worldwide in exploration, production and transportation of crude oil and natural gas; refining, marketing and distribution of fuels and lubricants; manufacturing and selling petrochemical products; and generating power. The company is headquartered in Houston, Texas. More information is available at

The Risk Control Analyst / Senior Risk Control Analyst is part of Corporate Treasury – Credit & Risk Control division. The role independently identifies, measures, analyzes, and reports the risk and performance of Supply & Trading (S&T), providing market risk advisory services and ensuring a controlled trading environment. S&T buys, sells and supplies crude oil, refined products, LNG, natural gas and gas liquids to support Chevron’s production operations and refining network through Houston, Singapore and London.

This position is co‑located with the S&T business in Westferry Circus, London, UK.

• Location:
  
  Westferry Circus, Canary Wharf, London.
• Work schedule:
  
  Full‑time with flexible work options, including a compressed workweek (alternate Mondays or Fridays off) and a hybrid schedule of 4 days in office (Mon‑Thu) and 1 day remote (Fri).
• Role for a market‑risk subject‑matter expert or a candidate who aims to develop in these areas.
• Career focus:
  Technical and leadership development, competitive pay, benefits and advancement opportunities.

• Provide risk‑control oversight to ensure timely and accurate reporting of market risk exposures that are fully understood and communicated to stakeholders.
• Maintain daily risk reporting for Chevron’s global trading portfolio, monitoring transactions, mark‑to‑market P&L, exposure and Value at Risk (VaR) against authorized limits.
• Analyze and identify P&L and exposure drivers across trading books covering various commodities and financial instruments.
• Evaluate, model and advise on market‑risk profiles and implications using VaR stress testing, scenario analysis and other techniques, including new trading strategies and products.
• Ensure all trading activities remain within policies and mandated exposure and risk limits; promptly raise breaches and recommend actions to reduce risk.
• Drive continuous improvement of risk reporting and control processes and promote the use of digital solutions.
• Apply sound market‑risk management principles, maintaining independence, proactivity, transparency and open debate with front office to align decisions with the company’s risk measurement framework.
• Collaborate with global Risk Control, Trading/Front Office and IT to identify and implement dashboarding, visualization, automation and simplification opportunities.
• Build organizational capability by sharing industry best practices and prior experience with Risk Control.
• Foster collaborative relationships across trading’s front, middle, compliance and IT teams.

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, Science, Engineering or equivalent work experience in a commodity trading environment; advanced degrees are a plus.
• At least 5 years of experience in financial or energy risk management, with a strong understanding of commodity trading (preferably in crude, gas and refined products markets).
• Deep understanding of commodity risk management, derivatives, physical markets, trading cycle and risk metrics (VaR, Stop Loss, Position Limits).
• Critical thinker with strong quantitative and analytical skills.
• Ability to handle multiple responsibilities, set priorities and deliver high‑quality results while implementing process improvements.
• Excellent communication skills, able to synthesize and convey complex risk concepts and recommendations to traders and management.
• Experience collaborating in a multi‑disciplinary team on system and digital projects, troubleshooting issues and driving change.
• Demonstrated inclusive and collaborative work behaviors.
• Stron…