Product & Valuation Controller – Commodities

Macquarie Bank Limited; Greater London; On-site; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Wellbeing leave day

Parental leave

Fertility leave

Volunteer leave

Learning and development

Hybrid and flexible working

Job summary

Macquarie in London seeks a Product and Valuation Control professional to join the Finance team within Commodities and Global Markets. You will help ensure accurate revenue recognition, robust valuation control, and insightful reporting across a broad range of commodity products.

You will work closely with front office, risk and operations to support month-end close, reconciliations and continuous process improvements, while communicating performance to senior stakeholders.

Qualifications

• 2-5 years’ experience in product control, market risk, valuation control or a similar role within a trading or investment banking environment.
• Experience supporting commodities trading, ideally across oil, gas, power, carbon or physical products.
• Understanding of physical logistics such as storage, shipping and pipeline activity, alongside financial instruments including swaps, futures and options.
• Strong analytical capability, high attention to detail and a practical control mindset.
• Familiarity with coding languages such as Python, SQL or VBA would be advantageous.
• Confidence communicating with senior stakeholders and constructively challenging front office where required.

Responsibilities

• Understand, substantiate and control revenue recognition for the trading business.
• Oversee daily P&L production and analysis.
• Validate valuations for physical and derivative positions.
• Provide clear explanation of financial performance to trading desks and senior stakeholders.
• Work closely with front office, risk, operations and finance teams to ensure robust valuation control and reporting; support month-end close and reconciliations; drive process improvements.

Skills

Product control

Commodity trading

Physical logistics

Analytical mindset

Stakeholder communication

Python/SQL/VBA

Tools

Python

SQL

VBA

Job description

Macquarie in London seeks a Product and Valuation Control professional to join the Finance team within Commodities and Global Markets. You will help ensure accurate revenue recognition, robust valuation control, and insightful reporting across a broad range of commodity products.

You will work closely with front office, risk and operations to support month-end close, reconciliations and continuous process improvements, while communicating performance to senior stakeholders.