At a Glance
- Tasks: Support revenue recognition and financial control for our trading business in commodities.
- Company: Join Macquarie, a global financial services group with 57 years of profitability.
- Benefits: Enjoy 25+ days annual leave, wellbeing days, and flexible working arrangements.
- Other info: Inclusive culture valuing diverse perspectives and offering excellent career growth opportunities.
- Why this job: Make an impact in a dynamic environment while developing your finance career.
- Qualifications: 2-5 years in product control or market risk; coding skills in Python or SQL are a plus.
The predicted salary is between 58500 - 71500 £ per year.
Join our Finance team within Commodities and Global Markets and play a key role in supporting revenue recognition, financial control, valuation oversight and performance analysis for our trading business. As part of our London-based Product and Valuation Control team, you will help ensure accurate and insightful reporting across a broad range of commodity products, including Agricultural Commodities, Base and Precious Metals, Bulks, Commodity Investor Products and Energy products such as Global Oil and European Power, Gas and Carbon.
What role will you play? As a member of the Product and Valuation Control team, you will be responsible for understanding, substantiating and controlling revenue recognition for our trading business. Overseeing daily profit and loss production and analysis, validate valuations for physical and derivative positions, and provide clear explanation of financial performance to trading desks and senior stakeholders. You will work closely with front office, risk, operations and finance teams to ensure robust valuation control, accurate balance sheet reporting and strong financial governance. You will also support month-end close activity, front to back reconciliations and the ongoing improvement of reporting, control and system processes.
What you offer:
- 2-5 years’ experience in product control, market risk, valuation control or a similar role within a trading or investment banking environment.
- Experience supporting commodities trading, ideally across oil, gas, power, carbon or physical products.
- Understanding of physical logistics such as storage, shipping and pipeline activity, alongside financial instruments including swaps, futures and options.
- Strong analytical capability, high attention to detail and a practical control mindset.
- Familiarity with coding languages such as Python, SQL or VBA would be advantageous.
- Confidence communicating with senior stakeholders and constructively challenging front office where required.
What we offer: At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:
- 1 wellbeing leave day per year and a minimum of 25 days of annual leave.
- 26 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers.
- Paid fertility leave for those undergoing or supporting fertility treatment.
- 2 days of paid volunteer leave and donation matching.
- Access to a wide range of salary sacrificing options.
- Benefits and initiatives to support your physical, mental and financial wellbeing including comprehensive medical and life insurance cover.
- Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services.
- Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription.
- Access to company funded emergency and backup dependent care services.
- Recognition and service awards.
- Hybrid and flexible working arrangements, dependent on role.
- Reimbursement for work from home equipment.
About Financial Management, People and Engagement: Financial Management, People and Engagement (FPE) provides a single interface for Macquarie’s businesses across key areas of people, strategy, communications and financial management. Comprising two pillars – Financial Management, and People and Engagement – it is responsible for managing the Group’s financial, tax and treasury activities and strategic priorities, fostering our culture through people and community engagement strategies, and engaging with stakeholders to protect and promote Macquarie’s reputation globally.
Inclusion at Macquarie: We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.
Product and Valuation Controller employer: Macquarie Bank Limited
At Macquarie, we pride ourselves on being an exceptional employer, offering a dynamic work culture that empowers employees to drive meaningful change within the financial services sector. With a strong focus on employee wellbeing, we provide generous benefits such as 25 days of annual leave, paid parental and fertility leave, and access to extensive learning and development opportunities. Our commitment to inclusivity and support for personal growth ensures that every team member can thrive while making a lasting impact across our global operations.
StudySmarter Expert Advice🤫
We think this is how you could land Product and Valuation Controller
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Macquarie Bank Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Product and Valuation Controller
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Macquarie Bank Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Macquarie Bank Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Macquarie Bank Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Macquarie Bank Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Macquarie Bank Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Macquarie Bank Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
