At a Glance
- Tasks: Analyse market risks and P&L in a dynamic energy trading environment.
- Company: Join a leading international energy trading business with a strong focus on innovation.
- Benefits: Enjoy competitive pay, bonuses, private medical insurance, and enhanced holiday allowance.
- Other info: Opportunity for career growth and influence in a fast-paced trading environment.
- Why this job: Make a real impact on risk management in both traditional and renewable energy markets.
- Qualifications: Experience in physical oil or commodity trading, strong analytical skills, and attention to detail.
The predicted salary is between 60000 - 80000 £ per year.
An established international energy trading and supply business is looking to hire a Product Control Analyst to support its trading activity across physical energy markets. This is a broad role suited to someone with strong experience in physical oil, refined products or related commodity markets, who can take ownership of risk and P&L reporting while also providing meaningful commercial insight to senior stakeholders. The role sits within a highly active trading environment and will require someone who is technically strong, detail-focused and confident challenging front office, commercial and finance teams. This is not a pure reporting position; the successful candidate will be expected to explain performance, identify risks, improve processes and help shape how market risk is understood across the business.
Key Responsibilities
- Producing daily position reports covering market risk exposures from trading and hedging activity
- Delivering daily mark-to-market P&L reporting with clear, commercially relevant commentary
- Taking ownership of specific product areas, including daily reporting, month-end close and reconciliation
- Validating market data, pricing inputs and valuation methodologies used within P&L reporting
- Working closely with Finance to reconcile middle office P&L against monthly accounts
- Partnering with Trading, Commercial and Finance teams to ensure exposures and performance are clearly understood
- Identifying gaps in existing reporting and developing improved processes, controls and MI
- Supporting the development and implementation of ETRM-related enhancements
- Acting as a senior point of reference within the team and helping to raise standards across reporting and controls
- Supporting ad hoc risk, control and business improvement projects
Skills and Experience
- Significant experience in Product Control within physical oil, refined products or a closely related commodity trading environment
- Strong understanding of physical trading, hedging, exposures and mark-to-market P&L
- Advanced Excel skills and strong data analysis capability
- Excellent attention to detail and a robust control mindset
- The confidence to challenge stakeholders and hold the business to account where required
- Strong communication skills, with the ability to explain risk and P&L clearly to non-risk audiences
- Experience acting as a senior team member, mentor or point of reference
- A proactive, continuous improvement mindset
- Experience with an ETRM system, particularly TriplePoint / CXL, would be advantageous
- An accounting qualification or strong accounting knowledge would also be beneficial
The Opportunity
This is an excellent opportunity to join a growing, international energy business with a strong trading platform and exposure to both traditional and renewable fuel markets. The role offers a high level of ownership, visibility across the business and the opportunity to influence how risk is managed in a fast-moving physical trading environment. A competitive compensation package is available, including bonus, private medical insurance, enhanced pension contributions, enhanced holiday allowance and a range of additional benefits.
Product Control Analyst - Physical Energy Trading in City of London employer: Barclay Simpson
Contact Detail:
Barclay Simpson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Control Analyst - Physical Energy Trading in City of London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its trading activities. Be ready to discuss how your experience in physical oil and refined products can add value to their team. Show them you mean business!
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex concepts like P&L and market risks clearly. Try explaining these topics to friends or family to get comfortable with it.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Product Control Analyst - Physical Energy Trading in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in physical oil, refined products, or related commodity markets. We want to see how your skills align with the key responsibilities of the Product Control Analyst role.
Showcase Your Skills: Don’t forget to showcase your advanced Excel skills and data analysis capabilities. We’re looking for someone who can handle market risk reporting, so make it clear how you’ve done this in the past.
Be Clear and Concise: When writing your cover letter, be clear and concise about your experience and how it relates to the role. We appreciate straightforward communication, especially when explaining complex topics like P&L and risk.
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our growing international energy business.
How to prepare for a job interview at Barclay Simpson
✨Know Your Numbers
As a Product Control Analyst, you'll be dealing with P&L reporting and market risk exposures. Brush up on your financial metrics and be ready to discuss how you would approach daily position reports and mark-to-market calculations. Show them you can handle the numbers confidently!
✨Understand the Trading Environment
Familiarise yourself with the physical energy markets, especially oil and refined products. Be prepared to explain how trading and hedging activities impact P&L. This will demonstrate your understanding of the role and your ability to provide meaningful insights to stakeholders.
✨Communicate Clearly
Strong communication skills are key in this role. Practice explaining complex concepts like market risk and P&L to someone without a finance background. This will show that you can bridge the gap between technical details and commercial insights effectively.
✨Show Your Improvement Mindset
The company is looking for someone who can identify gaps and improve processes. Think of examples from your past where you've enhanced reporting or controls. Be ready to discuss how you would approach process improvements in their current setup.