Product Control Analyst, Physical Energy Trading

Barclay Simpson; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Barclay Simpson seeks a Product Control Analyst to support trading activity across physical energy markets. The role requires strong ownership of risk, P&L reporting, and meaningful commercial insight for senior stakeholders.

Ideal candidates will have extensive experience in physical oil and related commodity markets, with a technical mindset and ability to challenge front office and finance teams. A competitive package is offered.

Qualifications

• Significant experience in market risk within physical oil, refined products or related commodity trading.
• Strong understanding of physical trading, hedging, exposures and mark-to-market P&L.
• Advanced Excel skills and strong data analysis capability.
• Excellent attention to detail and robust control mindset.
• Confident in challenging stakeholders and holding the business to account where required.
• Strong communication skills to explain risk and P&L clearly to non-risk audiences.
• Experience acting as a senior team member, mentor or reference point.
• Proactive, continuous improvement mindset.
• Experience with an ETRM system, particularly TriplePoint/CXL, would be advantageous.
• An accounting qualification or strong accounting knowledge would also be beneficial.

Responsibilities

• Producing daily position reports covering market risk exposures from trading and hedging activity.
• Delivering daily mark-to-market P&L reporting with commentary.
• Taking ownership of specific product areas, including daily reporting, month-end close and reconciliation.
• Validating market data, pricing inputs and valuation methodologies used in P&L reporting.
• Working closely with Finance to reconcile middle office P&L against monthly accounts.
• Partnering with Trading, Commercial and Finance to ensure exposures and performance are understood.
• Identifying gaps in reporting and developing improved processes, controls and MI.
• Supporting development and implementation of ETRM-related enhancements.
• Acting as a senior point of reference within the team and helping raise standards across reporting and controls.
• Supporting adhoc risk, control and business improvement projects.

Skills

Market risk

Physical oil

P&L reporting

Excel

Data analysis

Attention to detail

Stakeholder management

Communication

Mentoring

Continuous improvement

ETRM systems

Education

Accounting qualification

Tools

TriplePoint/CXL

Job description

Barclay Simpson seeks a Product Control Analyst to support trading activity across physical energy markets. The role requires strong ownership of risk, P&L reporting, and meaningful commercial insight for senior stakeholders.

Ideal candidates will have extensive experience in physical oil and related commodity markets, with a technical mindset and ability to challenge front office and finance teams. A competitive package is offered.