Product Controller

APM Terminals; København; On-site; DKK 700,000 - 900,000; Full time

Job summary

Maersk Oil Trading is seeking a Product Controller to own daily P&L, valuations and exposure reporting for a Copenhagen team. You will work across physical and derivative trading of marine fuels, crude and low-carbon products, partnering with traders and risk teams.

Ideal candidates have 2–5 years in product control or related roles, strong Excel, and familiarity with market risk concepts. The role offers on-site work in Copenhagen and opportunities to broaden across products and regions.

Qualifications

• 2-5 years in Product Control, Market Risk, Middle Office or similar trading support role.
• Understanding of commodity trading economics and hedging concepts.
• Familiarity with P&L, mark-to-market valuations and exposure management.
• Experience in physical and derivative trading environments preferred.

Responsibilities

• Produce and validate daily P&L across physical and derivative positions.
• Prepare and review daily position and exposure reports for trading desks and management.
• Apply forward curves and spreads to valuation of trading portfolios and support IPV.
• Maintain controls and reconciliations to ensure accuracy of P&L and valuations.
• Partner with Front Office, Risk and Finance to provide insights for decision-making.

Skills

Advanced Excel

Trading knowledge

Financial analysis

Quantitative analysis

Power market understanding

Education

Finance/Economics/Mathematics/Engineering degree

Tools

Power BI

SQL

Python

ETRM/CTRM systems

Job description

Product Controller – Commodities & Energy Trading Risk & Product Control | Maersk Oil Trading | Copenhagen Opportunity (On-Site)

At Maersk, we are rethinking how energy is traded, managed and consumed across our global operations. Maersk Oil Trading manages an expanding portfolio of marine fuels, distillates, crude, and emerging low-carbon alternatives such as methanol, LNG and biofuels, traded across Copenhagen, Singapore and the Americas. The Product Control team is the custodian of traded P&L, providing transparency over trading economics, market exposures and performance drivers. We are looking for a Product Controller to join our Copenhagen team and take ownership of a range of activities spanning daily P&L, valuations, exposure reporting and business partnering with the trading desks. This role is ideal for someone with a a couple of years’ foundation in Product Control, Market Risk or a similar trading support function who is ready to deepen their expertise in commodity trading. You will join a highly experienced team, gain direct exposure to physical and derivative trading, and have the opportunity to broaden across products, regions and a rapidly evolving energy landscape.

While experience within energy markets is advantageous, we are equally interested in candidates from other commodity sectors or trading environments who bring strong technical fundamentals, curiosity and a desire to learn.

Key Responsibilities

Daily P&L and Exposure Control

Produce and validate daily trading P&L across physical and derivative positions in fuel oil, gasoil, crude and alternative fuels. Perform detailed P&L attribution, analysing and explaining key performance drivers and market movements. Prepare and review daily position and exposure reports, ensuring accuracy and alignment with trading activity. Communicate P&L and exposure insights clearly to traders, Risk and management.

Valuation and Market Assurance

Apply and validate forward curves, spreads and differentials used in the valuation of trading positions. Support accurate mark-to-market valuation of physical and derivative portfolios. Perform independent price verification (IPV) and support month-end valuation activities. Contribute to valuation approaches across both established and emerging fuel products.

Control, Reporting and Continuous Improvement

Maintain the integrity of reported P&L, exposures and valuations through robust controls and reconciliations. Investigate and resolve data and reporting issues in collaboration with Product Control, Risk and IT teams. Support month-end close and reporting processes. Identify opportunities to improve, automate and streamline reporting, analytical models and operational processes.

Business Partnering

Build strong working relationships across Front Office, Operations, Market Risk and Finance. Partner with traders to understand trading strategies, exposures and commercial performance. Provide analysis and insights that support decision-making across trading activities and strategic projects.

What We're Looking For:

• 2-5 years of experience in Product Control, Market Risk, Middle Office or a similar role within a commodity or financial trading environment.
• A good understanding of commodity trading economics, ideally gained within energy, metals, agriculture or other traded products.
• Understanding of trading P&L, mark-to-market valuation, exposure management and hedging concepts.
• Familiarity with physical and derivative trading environments.
• Advanced Excel and strong analytical and data-handling capabilities.
• Exposure to Power BI, SQL, Python or ETRM/CTRM systems would be advantageous.
• Degree in Finance, Economics, Mathematics, Engineering or another relevant discipline is beneficial but not essential.
• Personal Attributes Curious, analytical and motivated by solving complex problems.
• Comfortable working with experienced commercial stakeholders and able to challenge constructively when required.
• Strong communicator who can translate technical analysis into meaningful business insights.
• Takes ownership and works independently while collaborating effectively across teams.
• Passionate about learning and continuously improving ways of working.

We Offer

You’ll join a global trading organisation operating at the intersection of energy, logistics and sustainability. Working alongside experienced Product Control, Risk and Trading professionals, you’ll gain exposure to a wide range of products, markets and commercial activities while developing expertise in a highly specialised field. This role offers genuine ownership from the outset, the opportunity to work directly with traders and senior stakeholders, and the chance to contribute to analytical, modelling and automation initiatives that support a growing business. At Maersk, you’ll be part of a collaborative, inclusive and supportive environment that encourages curiosity, innovation and professional growth. Whether you’re already working in energy trading or looking to apply your commodity trading experience in a new setting, you’ll find plenty of opportunities to learn, develop and make an impact. Whether your experience comes from energy, metals, agriculture, financial markets or another trading environment, this is an opportunity to apply your expertise in a global organisation while continuing to learn and grow.

Maersk is committed to a diverse and inclusive workplace, and we embrace different styles of thinking.

Maersk is an equal opportunities employer and welcomes applicants without regard to race, colour, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, pregnancy or parental leave, veteran status, gender identity, genetic information, or any other characteristic protected by applicable law. We will consider qualified applicants with criminal histories in a manner consistent with all legal requirements. We are happy to support your need for any adjustments during the application and hiring process.

If you need special assistance or an accommodation to use our website, apply for a position, or to perform a job, please contact us by emailing [e-mail].

A.P. Moller - Maersk is an integrated container logistics company working to connect and simplify its customer's supply chains. As the global leader in shipping services, the company operates in 130 countries and employs roughly 100,000 people. With simple end-to-end offering of products and digital services, seamless customer engagement and a superior end-to-end delivery network, Maersk enables its customers to trade and grow by transporting goods anywhere - all over the world. For more information. All the way.