Product Control

7 days ago


United Arab Emirates Tura Executive Full time

Job Title: Product Control Analyst / Risk Management Oil

Location: Dubai, UAE

Industry: Oil Trading

About the Role:

Our client, a leading oil trading firm in Dubai is seeking a Product Control Analyst / Risk Manager to join their team. This role is critical in ensuring accurate trade reporting, P&L validation, risk monitoring and overall financial control of trading activities. The ideal candidate will work closely with traders, finance, and operations teams to maintain transparency and mitigate trading risks effectively.

Key Responsibilities:

Product Control & P&L Reporting:

  • Validate and reconcile daily P&L, ensuring accurate reporting of trading activities.
  • Investigate discrepancies and liaise with traders, finance, and operations to resolve issues.
  • Analyze trading performance, including realized and unrealized P&L movements.
  • Support month-end and year-end closing processes, ensuring compliance with accounting standards.

Market & Credit Risk Management:

  • Monitor exposure limits across physical and paper positions to ensure adherence to risk policies.
  • Assess and quantify market risk, including VaR, stress testing, and scenario analysis.
  • Identify and mitigate credit risks associated with counterparties and trading activities.
  • Develop and enhance risk models, reporting frameworks, and analytical tools.

Operational & Trade Risk:

  • Ensure accurate contract entries and trade bookings in the ETRM system.
  • Validate trade economics, including pricing, costs, and logistics factors.
  • Assist in risk assessments related to new trading strategies, instruments, or regions.
  • Ensure adherence to compliance, regulatory, and internal risk guidelines.

Key Requirements:

  • Bachelors degree in Finance, Economics, Accounting, or a related field; CFA/FRM preferred.
  • 2-5 years of experience in product control, risk management, or middle office within an oil trading firm.
  • Strong understanding of oil markets, derivatives, and physical trading operations.
  • Proficiency in ETRM systems (e.g., Endur, Allegro, Aspect, or similar).
  • Advanced Excel and financial modelling skills; knowledge of Python/VBA is a plus.
  • Excellent analytical skills with a detail-oriented mindset and ability to work under pressure.

Whats on Offer

  • Competitive compensation package with performance-driven incentives.
  • Opportunity to work with a dynamic and growing trading team.
  • Exposure to global oil markets and cutting-edge risk management practices.

If you are a highly motivated risk professional looking to take the next step in your career with a leading oil trading firm, apply now

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