Manager, Product Control

NextDecade Corporation; Houston (TX); On-site; USD 120,000 - 160,000; Full time

Job summary

NextDecade Corporation in Houston, Texas is seeking a skilled Product Control professional to oversee end-to-end P&L processes, ensuring robust control and governance. This role involves close collaboration with Front Office and Market Risk to provide insights into trading strategies and manage audits.

The ideal candidate will have 8–12 years of experience in finance-related fields, particularly within commodities or trading. A Bachelor's degree in Finance or a related field is required.

Candidates with leadership experience and ETRM/CTRM platform knowledge are strongly preferred. The position offers the chance to make a significant impact within a growing company.

Qualifications

• 8–12+ years of experience in Product Control or Trading Support.
• Strong understanding of trade lifecycles and valuation concepts.
• Proven leadership ability and independent control authority.

Responsibilities

• Manage end-to-end P&L processes for physical and financial commodities.
• Act as a trusted partner to provide insights into trading strategies.
• Oversee ETRM systems and drive enhancements to data quality.

Skills

P&L processes

Valuation methodologies

Market Risk understanding

Leadership

Education

Bachelor’s degree in Finance, Accounting, or related field

Tools

ETRM/CTRM platforms (OpenLink/Endur)

Job description

Responsibilities

Financial Control & P&L Integrity

• Own end‑to‑end daily, monthly, and quarterly P&L processes, including validation, attribution, and variance analysis across physical and financial commodities.
• Ensure robust control over valuation methodologies, pricing curves, model inputs, and market data, in line with internal policies and governance standards.
• Review and challenge trading results, ensuring issues are identified, escalated, and resolved with appropriate independence.

Trading & Commercial Partnership

• Act as a trusted but independent partner to Front Office, providing insight into the financial and valuation impact of trading strategies, new deals, and structured transactions.
• Support new product onboarding and deal review, ensuring accounting, valuation, and control implications are fully assessed before execution.
• Interface closely with Market Risk and Credit to ensure consistent views of exposure, limits, and performance.

ETRM & Systems Oversight

• Oversee product control activities within ETRM systems (e.g., OpenLink/Endur), including trade capture validation, lifecycle events, and system‑generated P&L.
• Drive enhancements to systems, data quality, automation, and reporting, reducing manual intervention and operational risk.

Control Framework, Governance & Audit

• Design, own, and continuously enhance product control policies, procedures, and internal controls aligned with audit and regulatory expectations.
• Serve as a key point of contact for internal and external audits, including documentation, walkthroughs, issue remediation, and control testing.
• Ensure appropriate governance, escalation, and accountability for control breaches or material reporting issues.

Leadership & Team Development

• Lead, coach, and develop a team of product control and trading support professionals.
• Set a strong control culture, reinforcing ownership, rigor, and professional skepticism across the team.
• Drive performance standards, role clarity, and capability development consistent with a growing, complex commercial environment.

Forward‑Looking Insight

• Provide management with forward‑looking views on earnings drivers, risk exposures, and sensitivities to market movements.
• Support planning, forecasting, and scenario analysis in partnership with FP&A, Risk, and Commercial teams.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or a related field (CPA, CFA, or FRM preferred).
• Typically 8–12+ years of experience in Product Control, Trading Support, Market Risk, or Commercial Finance within energy, commodities, or financial trading environments.
• Strong understanding of trade lifecycles, P&L attribution, valuation concepts, derivatives, and physical commodity structures.
• Hands‑on experience with ETRM/CTRM platforms (OpenLink/Endur strongly preferred).
• Proven people leadership experience with the ability to operate as an independent control authority.

NextDecade provides equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. NextDecade complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.