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- Tasks: Support trading teams by ensuring accurate exposure and daily reporting.
- Company: Leading Energy Trading company in the UK and Europe.
- Benefits: Gain valuable experience in risk management and process improvement.
- Other info: Opportunity to automate processes and enhance risk monitoring tools.
- Why this job: Develop analytical skills while working closely with traders and operations.
- Qualifications: 1-3 years in Energy/Commodity Trading and strong Excel skills.
The predicted salary is between 45000 - 60000 £ per year.
Our client is a leading Energy Trading company who trade crude oils and refined products in the UK and Europe as well as a range of paper derivative products such as swaps, futures and options.
The Product Control Analyst will be expected to work closely with the trading teams and other Product Control Analysts on the desk to develop an understanding of the portfolios managed by the traders, and to ensure that exposure and daily mark-to-market reporting are accurate, timely and informative.
This key role is aimed at supporting the control activities on each desk including calculating an independent view of exposure and supporting daily profit and loss generation when required, and will provide the Product Control Analyst with a detailed understanding of the businesses undertaken by the business.
The role should also provide an opportunity to learn and develop skills in the identification, assessment and implementation of risk management techniques and strategies. It will also include assisting with finessing processes associated with SAP, the Risk system of record, to ensure smooth and efficient daily processing.
Building strong relationships with the trading and operations teams and developing the role into a recognised advisory resource for the business.
- Enhancing risk monitoring and evaluation tools for the physical business.
- Leverage knowledge gained to deliver value-add analyses to the business.
- Ensure timely and accurate reporting of exposure from first principles data and profit and loss from systems of record.
- Ensure accurate base data in system of record including prices and volumes of trade.
- Liaise closely with traders, operators, finance and other Product Control Analysts to ensure smooth transitions between back/middle and front offices.
- Seek to automate manual tasks and seek process improvements to allow earlier production of daily information and improved reconciliations to earnings.
1 to 3 years’ experience within physical Energy/Commodity Trading, in a trading house, bank or financial environment.
- Excellent spreadsheet capability in MS Excel.
- Strong mathematical skills particularly in terms of analysis of complex data to be able to draw clear and accurate solutions.
- Knowledge of SAP would be advantageous.
Product Control Analyst (Oil) in London employer: Richard James Recruitment Specialists Ltd
Contact Detail:
Richard James Recruitment Specialists Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Control Analyst (Oil) in London
✨Tip Number 1
Network like a pro! Reach out to people in the energy trading sector, especially those who work as Product Control Analysts. Use LinkedIn or industry events to connect and chat about their experiences. You never know when a casual conversation might lead to a job opportunity!
✨Tip Number 2
Show off your skills! When you get the chance to meet potential employers, be ready to discuss your experience with spreadsheets and data analysis. Bring examples of how you've tackled complex data problems in the past. This will help you stand out as a candidate who can deliver value right away.
✨Tip Number 3
Be proactive! If you see a job opening that excites you, don’t just wait for the application process. Reach out directly to the hiring manager or team members to express your interest. A personal touch can make a huge difference and show that you're genuinely keen on the role.
✨Tip Number 4
Keep learning! Stay updated on the latest trends in energy trading and risk management. Consider taking online courses or attending workshops. This not only boosts your knowledge but also shows potential employers that you're committed to growing in your field.
We think you need these skills to ace Product Control Analyst (Oil) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Product Control Analyst. Highlight your experience in energy trading and any relevant skills, especially in Excel and risk management. We want to see how you can add value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your background aligns with the responsibilities outlined in the job description. Let us know what makes you the perfect fit!
Showcase Your Analytical Skills: Since this role involves complex data analysis, be sure to include examples of how you've successfully tackled similar challenges in the past. We love seeing candidates who can draw clear and accurate solutions from data!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. We can't wait to hear from you!
How to prepare for a job interview at Richard James Recruitment Specialists Ltd
✨Know Your Numbers
As a Product Control Analyst, you'll be dealing with complex data and financial metrics. Brush up on your mathematical skills and be ready to discuss how you've analysed data in the past. Be prepared to explain your thought process when drawing conclusions from numbers.
✨Understand the Trading Environment
Familiarise yourself with the energy trading landscape, especially crude oils and refined products. Research the company’s trading strategies and be ready to discuss how you can contribute to their success. Showing that you understand the market will impress the interviewers.
✨Excel is Your Best Friend
Since excellent spreadsheet capability is a must, make sure you're comfortable with MS Excel. Be ready to demonstrate your skills, whether it's through discussing past projects or even solving a problem on the spot. Highlight any experience you have with automating tasks using Excel.
✨Build Relationships
The role involves liaising with various teams, so emphasise your interpersonal skills. Share examples of how you've built strong working relationships in previous roles. Show that you can be an advisory resource and that you value collaboration across departments.