- Location
- London York Road, United Kingdom
- Type
- Full-time
- Department
- IT
- Closing date
- Today
- Source
- Workday
Description
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Job Description:
What's the role
The Head of Product Control is a newly created leadership role within the Risk Management (CRO) organisation at Shell Trading & Supply (T&S). Product Control will complement and strengthen the existing Market Risk advisory model through independent ownership of trading P&L control, valuation governance and performance attribution across a global commodities trading business.
The role is accountable for the integrity of daily and month-end trading P&L, valuation governance, reserves and associated controls across physical and financial trading activities. Acting as a senior partner to Trading, Market Risk, Finance, Operations and Technology, the role provides transparent insight into business performance while maintaining an effective and independent control environment.
Product Control represents a significant enhancement to the T&S control framework. The successful candidate will lead the establishment and global rollout of the capability, transform existing operating models and drive greater consistency, transparency and efficiency across a complex trading landscape.
What you'll be doing
The successful candidate will be able to translate complex valuation, performance and control matters into clear, practical and decision-oriented insight for senior stakeholders.
The dimensions of the role are:
- Global scope across physical and financial commodities trading businesses
- Accountability for daily and month-end P&L and valuation integrity
- Leadership of multi-location Product Control teams, including offshore capability
- Oversight of market risk (valuation) controls, reserves governance and independent price verification activities
- Significant engagement with Trading, Market Risk, Finance, Operations, Technology and Audit
- Leadership of strategic change, process standardisation, and systems transformation initiatives
- Driving automation, digital enablement and operational excellence across Product Control
Key Accountabilities
P&L and Valuation Control:
- Ensure accurate, timely and independently validated trading P&L reporting across global portfolios
- Establish and oversee valuation methodologies, reserves governance and independent price verification processes
- Review and challenge P&L attribution, valuation adjustments and material performance drivers
- Provide transparent explanation of financial performance, valuation impacts and risk drivers
- Develop robust control metrics, exception reporting and performance indicators to monitor data and process integrity
- Identify and address control, data and process gaps across trade capture, valuation and reporting workflows
- Ensure compliance with governance standards, regulatory expectations and control requirements
- Support valuation committees, audits and governance forums
Leadership and Business Partnership:
- Establish, lead and develop a high-performing global Product Control organisation
- Build trusted partnerships across Trading, Market Risk, Finance, Operations and Technology while maintaining appropriate independence and challenge
- Provide insightful analysis of trading performa
- nce, valuation impacts and operational inefficiencies to support business decision-making
- Drive standardisation, automation and simplification across Product Control processes and reporting
- Support new business activity, complex transactions and strategic growth initiatives
- Sponsor and deliver transformation programmes that enhance reporting quality, control effectiveness and operating efficiency
What you bring
Leading globally distributed teams across multiple commodities businesses, systems and processes, the role requires a combination of deep trading markets expertise, operational excellence, transformation leadership and strong stakeholder engagement.
Furthermore, we'd also like to see:
- Strong knowledge of energy trading, financial markets and risk management practices across physical and financial commodities businesses
- Significant experience in Product Control, Valuation Control, Market Risk or related control disciplines within a trading environment
- Deep understanding of physical commodities, derivatives, structured transactions and valuation methodologies
- Strong knowledge of P&L attribution, valuation governance, reserves and control frameworks
- Understanding of valuation models, model governance and validation processes within trading environments
- Proven leadership capability with experience building and leading high-performing teams
- Experience leading organisational, process, data or systems transformation initiatives
- Strong stakeholder management skills with the credibility to influence, challenge and align senior commercial, finance and risk stakeholders
- Strong analytical capability, commercial judgement and commitment to data and process excellence
- Excellent communication skills and executive presence, with the ability to engage effectively across technical and senior leadership audiences
Candidates who combine commercial acumen with intellectual curiosity, a progressive and digitally enabled mindset, and a passion for operational excellence will be particularly well suited to this role.
What we offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.
- Progress as a person as we work on the energy transition together
- Continuously grow the transferable skills you need to get ahead
- Work at the forefront of technology, trends, and practices
- Collaborate with experienced colleagues with unique expertise
- Achieve your balance in a values-led culture that encourages you to be the best version of yourself
- Perform at your best with a competitive starting salary and annual performance related salary increase – our pay and benefits packages are considered to be among the best in the world
- Take advantage of paid parental leave, including for non-birthing parents
- Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply
- Grow as you progress through diverse career opportunities in national and international teams
- Gain access to a wide range of training and development programmes
Shell is working to advance an inclusive, psychologically safe and accessible environment where people with disabilities can excel. If you require any accommodations or accessibility adjustments (e.g. assistive technology, communication support, any other) during the application or interview process, please let us know directly via [email protected] . We strive to ensure that our process and workplace is accessible to everyone and are dedicated to making reasonable adjustments to support your needs.
Shell in The United Kingdom
Shell UK remains one of the North Sea’s biggest producers, supplying around 10% of the UK’s total oil and gas needs. But perhaps the most recognisable face of Shell in the UK is our network of over 1,000 Shell-branded service stations.
In the years ahead, as the UK looks to strengthen energy security and deliver its 2050 net-zero goal, Shell UK aims to play a crucial role. We aim to be a major investor in the UK energy system by helping our customers decarbonise with a focus on transport and industry.
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