Lead, Product Risk & Control

Overview

In this role you will lead the control framework for physical and financial energy trading, overseeing daily P&L validation, exposure reporting, and curve governance. You will partner with Trading, Risk, Finance, Operations and Technology to support senior leadership and the end-to-end trading lifecycle. You will maintain strong valuation and risk oversight, drive process improvements, and promote a robust control culture. The position sits at the core of commercial decision-making within Supply & Trading and offers strategic, cross-functional impact.

Responsibilities

• Own daily P&L production, validation and analysis; provide independent review of P&L attribution and key valuation drivers
• Investigate and reduce unexplained P&L through robust analysis and control monitoring
• Collaborate with Front Office to understand strategies, positions, and market exposures
• Validate exposure reporting and ensure accurate reflection in risk and financial reporting
• Identify, investigate, and escalate control exceptions, valuation issues, and exposure breaches
• Lead daily pricing and forward curve validation across physical and financial markets
• Manage curve construction, validation and maintenance across products and benchmarks
• Ensure pricing inputs come from approved, independent market sources
• Investigate pricing anomalies, stale data, curve movements, and valuation impacts
• Develop exception reporting and management dashboards; drive control improvements
• Support month-end valuation and reconciliations with Accounting; assist audits and testing
• Identify automation opportunities to improve efficiency and transparency in workflows
• Support ETRM enhancements, testing, and system upgrades
• Participate in strategic projects, onboarding of new products, and expansion initiatives

Key requirements

• Strong experience in Product Control, Market Risk, Trading Risk, Risk Control, Valuation Control, or Commodities Finance
• Deep understanding of physical and financial energy markets (oil and refined products)
• Experience with mark-to-market valuation, P&L attribution, exposure reporting, and pricing methodologies
• Strong understanding of front-to-back trade lifecycle
• Advanced analytical and problem-solving capabilities
• Ability to challenge constructively and influence across multiple teams
• Experience with ETRM platforms and market data processes is highly desirable
• Strong Excel, Power BI, and SQL knowledge is highly desirable

• Analytical mindset
• Collaborative and influencing across functions
• Problem-solving and attention to detail
• ETRM platforms
• Market data governance
• P&L attribution and exposure reporting

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