Product Control Analyst

Company Description

Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.

Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn.

For more information: vitol.com

Job Description

The Product Control Analyst (PC) role supports all day-to-day running of the trading desk, ensuring a detailed position summary is kept for the traders and for the matrix as a whole (if applicable) and that the traders' exposures are monitored. This may involve the consolidation of data for the trading matrix.

The PC is also accountable for a broader range of activities on the desk, e.g. risk/ exposure of trades and ensuring exposure is properly documented and calculated in a consistent manner, the monitoring of futures that are near expiry (where applicable), and determining what to hedge (upon checking with traders).

The PC is expected to provide commentary on the daily profitability reports to explain P&L movements - this requires the PA to have a strong understanding of the P&L and other relevant market information related to the matrix.

The PC provides all management information and decision support to the traders, e.g. creating reports and/or undertaking general trading, market, or other modeling and analysis on behalf of the traders. In some cases, this may involve other activities such as rolling storage or internal projects such as supporting the setup of a new business and working with the MIS/ IT team.

Qualifications

• Minimum 3-5 years of Middle Office work experience in a trading house or financial institution or accounting firm
• Minimum Bachelor’s degree or higher
• Strong proficiency working with numbers and large data sets
• Good proficiency in Microsoft Excel is required. Knowledge of Python is desirable.
• Good understanding of the oil industry and/or financial markets is desirable
• Understanding of the trade life cycle is desirable
• Experience working with a trade capture system is desirable

Additional Information

• Ability to work in a high-pressure trading environment.
• Have a strong sense of accountability and ownership of key deliverables
• Be comfortable undertaking new concepts and ideas associated with a fast-paced, dynamic business
• Demonstrate the ability to both understand the ‘big picture' and have a willingness to ‘dig into the details'
• Demonstrate the ability to clearly communicate accounting concepts to senior management and translate them in terms of the commercial business
• Continually assess, challenge, and improve processes
• Earn the trust of others by continuously demonstrating the ability to follow-through
• Be curious, creative, and up for a challenge
• Effectively communicate with other departments/ external counterparties (written and verbal)

Vitol Asia is committed to providing equal opportunities to all staff. Globally, Vitol seeks to conduct its business in accordance with the UN Global Compact’s ten principles, including those on human rights, one of which is to “Ensure a diverse and inclusive work place, where possible, free from discrimination regardless of age, gender, race, cultural heritage, ethnicity, sexual orientation, religion or disability.”

Only successful candidates will be contacted.