Senior Manager, Product and Valuation Control

hudson rpo (singapore) pte. ltd.; Singapore; On-site; SGD 250,000 - 420,000; Full time

Benefits offered by this job

Wellbeing leave

Parental leave

Volunteer leave

Hybrid working

Learning & development allowance

Job summary

Macquarie Singapore is seeking a senior leader to unify Product Control and Valuation Control for our commodity trading platforms. You will oversee daily P&L production, balance sheet integrity, independent valuation governance and financial reporting across physical and derivative markets.

You will partner with Front Office, Risk and Finance to drive end-to-end processes, strengthen controls, and shape the Asia operating model for Product and Valuation Control.

Qualifications

• 10+ years experience leading Product Control or Valuation Control in a regulated institution
• 10+ years experience with physical and derivative commodity products (FX Derivatives, LNG, natural gas, power or energy markets)
• 5+ years experience of valuation control practices (price verification, valuation adjustments, reserves, fair value governance)
• Strong understanding of commodity market risk concepts (VaR, stress testing, exposure)
• Experience overseeing daily P&L production, month-end close and balance sheet reporting in a trading business

Responsibilities

• Lead Singapore Product and Valuation Control activities with end-to-end ownership
• Oversee daily P&L production, balance sheet control and independent valuation governance
• Provide commercial insight and independent oversight to Front Office, Risk and Finance stakeholders
• Shape the future operating model for Product and Valuation Control across Asia
• Represent the team with executive presence and engage with global stakeholders

Skills

Product Control

Valuation Control

P&L Production

Balance Sheet Control

Valuation Governance

Front Office Collaboration

Risk & Finance Partnership

Regulated Institution Experience

Commodity Markets Knowledge

Executive Presence

Job description

Join our Commodities and Global Markets Finance, Product and Valuation Control team, which supports Singapore-based trading businesses, including our global LNG business. We provide independent oversight of financial and valuation outcomes across complex physical and derivative commodity portfolios, delivering transparent reporting, robust valuation governance and meaningful commercial insight across the trading lifecycle.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you're empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

You will lead our Singapore Product and Valuation Control function, bringing Product Control and Valuation Control activities together under clear end-to-end leadership. You will oversee daily P&L production, balance sheet control, independent valuation governance and financial reporting across a range of commodity products and trading strategies.

In addition, you will provide commercial insight and independent oversight to Front Office, Risk Management and Finance stakeholders, while helping shape the future Product and Valuation Control operating model across Asia.

What you offer

• 10+ years experience leading Product Control, Valuation Control or a closely related commodities finance function, within a financially regulated institution
• 10+ years experience in physical and derivative commodity products, with knowledge of FX Derivatives, LNG, natural gas, power or broader energy markets and the key drivers of trading, valuation and financial performance
• 5+ years experience of valuation control practices, including independent price verification, valuation adjustments and reserves, fair value governance, market data controls and the review of valuation methodologies
• Strong understanding of commodity market risk concepts, including risk factors, exposure measurement, stress testing, limits and Value at Risk, and how these interact with valuation and financial outcomes
• Experience overseeing daily P&L production, P&L attribution, month-end close, balance sheet control and legal entity reporting within a trading business
• Ability to build trusted partnerships with Front Office, Risk Management and Finance stakeholders, while providing independent oversight and resolving complex valuation, trade capture, risk and P&L matters
• Demonstrated professionalism and executive presence required to represent the team, with the ability to influence and engage with global stakeholders at all levels
• Experience supporting physical commodity trading operations, including an understanding of the commodity lifecycle and the relationship between operational activity, trading performance and accounting outcomes
• Experience leading process improvement, automation, control enhancement or finance and risk transformation initiatives, including the implementation of P&L, valuation or risk management systems.

What we offer

At Macquarie, you're empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

• 1 wellbeing leave day and 5 additional paid Flexi-Leave days per year
• 20 weeks' paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks' paid leave for secondary caregivers
• 2 days of paid volunteer leave per annum and donation matching
• Option to purchase additional annual leave
• Benefits and initiatives to support your physical, psychological and financial wellbeing including, comprehensive medical and life insurance cover and additional flexible wellbeing credits
• Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription
• Hybrid and flexible working arrangements, dependent on role
• Reimbursement for work from home equipment

About Financial Management, People and Engagement

Financial Management, People and Engagement (FPE) provides a single interface for Macquarie's businesses across key areas of people, strategy, communications and financial management. Comprising two pillars - Financial Management, and People and Engagement - it is responsible for managing the Group's financial, tax and treasury activities and strategic priorities, fostering our culture through people and community engagement strategies, and engaging with stakeholders to protect and promote Macquarie's reputation globally.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.