Analyst Product Control

Tanqeeb; Abu Dhabi; On-site; AED 200,000 - 350,000; Full time

Job summary

Tanqeeb in Abu Dhabi seeks a qualified professional to support product control and risk functions across physical and financial trades. The role involves reviewing deals, validating prices, and ensuring data integrity within trading systems.

You will collaborate with Trading Desk, Market Risk, Operations, and Technology to monitor day-to-day activities, perform data reconciliations, and reinforce end-of-day reporting accuracy. A strong foundation in finance and commodities markets is essential.

Qualifications

• Bachelor’s degree in Business, Science, Engineering or Finance required.
• 3 years experience in Product Control within a Middle Office.
• Experience in building and using models.
• Knowledge of commodities trading, market dynamics and risk analysis.
• Understanding of financial instruments, derivatives and valuation concepts.

Responsibilities

• Support to assess and monitor physical and financial trades.
• Coordinate deal checks, price validation and data reconciliation.
• Contribute to end-of-day reporting governance with risk teams.
• Monitor trading limits and adherence to risk policies.
• Identify operational risks and propose mitigations.
• Engage with Trading Desk, Middle Office, Operations, and IT to resolve issues.

Skills

Product Control

Middle Office

Modeling

Risk management

Commodities trading knowledge

Financial analysis

Education

Bachelor’s degree in Business, Science, Engineering or Finance

MBA preferred

Job description

Job Description:

-Support to assess and monitor physical and financial trades. Ensuring they are accurate, timely and complete within the systems

-Assist to coordinate and review and validate deal and price in trading system by performing deal check, price validation, consensus curve update, and data reconciliation.

-Help to ensure effective governance over Day end reporting processes with regards timelines as well as accuracy of reporting in consultation with Market risk team

-Support to monitor timely deal capture, internal trading limits, and risk policy requirements to ensure the representativeness and integrity of transactions in the trading system.

-Support to reconcile fees with various external agents including exchanges and brokers

-Support to assess counterparty and broker concentration

-Help to evaluate out of office trading activity and other potential breaches of internal controls

-Help to ensure that “User-up-to-dateness” checks are regularly undertaken on systems

-Help to ensure that trader mandates are correct and maintained on both internal and external systems

-Support in Identification of operational risk and assist in defining risk mitigating measures and priorities.

-Understand the end-to-end trade processing flow needed to work with Trading Desk, Middle Office, Operations, and Technology in resolving trade and operational problems that may affect End of Day reporting

-Evaluate correctness of margin calls from exchanges

-Active management of day to day issues and queries from internal/external parties with escalations as necessary

-Analyze variations of Freight risk indicators on a daily basis, quantify potential impact on P&L

-Evaluate and provide insights around freight risk exposure (incl. for market freight movements) and risk evolutions as well as any noticeable events in the market

-Coordinate and review Vessel chartering deals in the system by performing deal check, price validation and data reconciliation.

Minimum Qualification

• Bachelor’s degree in Business, Science, Engineering or Finance. MBA preferred.

Minimum Experience & Knowledge & Skills

• 3 years experience in Product Controlwithin a Middle Office
• Experienced in building and using models
• Well informed of world product demand and supply, market dynamics
• Industry knowledge - supply/demand fundamentals of physical market, product grades and quality specs, refining systems, transportation and pipeline infrastructure and products carried, competitors, marine operations, third-party system parameters, standard terms and conditions of contracts, displays knowledge of the global energy business, refinery economics/drivers, understands the value of variations in specification, timing, and volume
• Commodities trading knowledge -understand trading strategies, basic knowledge of trading fundamentals, global markets, arbitrage, market climate, keeps up to date with international events and geo-political climate
• Risk knowledge - risk management methodologies including stress testing and VaR measurement, risk analysis techniques, proficiency in fundamental credit analysis with an emphasis on financial statements and current trends impacting business issues
• Financial knowledge - hedging/speculative/ price forecasting instruments, such as, derivatives, futures, options, OTC swaps, and various credit instruments, economic evaluation and analysis, understands concepts such as NPV, value creation, and option value