Product Control Analyst – Oil Derivatives

City Elite Recruitment are delighted to be working with the global leading provider and supplier, within the Energy & Commodity space, to help them seek a Product Control Analyst.

This role focuses on the preparation and production daily P&L reporting of the groups hedging activity.

DUTIES:

* Responsibility for the preparation and production of the daily P&L reporting process for all hedging activities and timely provision of monthly KPIs.

* Daily broker reconciliation and checks to ensure the trading system is accurate and up to date.

* Close liaison with hedging desk traders.

* Help to implement process and system improvements.

* Responsibility for the OTC client derivative trades; to include daily credit reporting, cash margining, mtm statements to customers, confirmation of trades, monthly settlements, and invoicing.

* Assisting with the month end close process.

KNOWLEDGE, SKILLS AND EXPERIENCE
Essential

* 2-3 years relevant experience within oil trading.

* Strong understanding of derivatives, risks, and P&L attribution.

QUALIFICATIONS:

* Accounting qualification (ACA, CIMA) preferred

FULL job spec available on request