Product Control Manager

About Ampol Trading & Shipping

Our purpose at Ampol is to power better journeys today and tomorrow. Our Trading and Shipping team is key to achieving this, not only supplying our customer’s needs today, but evolving as the energy transition takes place to supply our customers well into the future.
 
We take pride in our people and value innovation, sustainability, and customer satisfaction. If you’re a professional committed to excellence, Ampol is looking for you.

About the role

This newly defined role leads the Product Control function within the Middle Office team, with accountability for the independent valuation, risk control, and P&L reporting of global trading activities across multiple markets (initially Singapore and the USA, with future expansion into the UK). The role manages a team of Risk Controllers and plays a key leadership role in enhancing control frameworks, optimising processes, and implementing a new Commodity Trading Risk Management (CTRM) platform across global operations.

This position is critical in ensuring the integrity, transparency, and performance insight of the trading books and will drive continuous improvement in reporting accuracy, control processes, and system effectiveness.

 
Key responsibilities

• Leadership of Risk Control Team: Lead, coach, and develop a team of Risk Controllers responsible for daily P&L, market risk, and exposure reporting for multiple commodity trading books.
• Global Book Oversight: Serve as the global Product Controller for a cross-region trading portfolio (SG & USA, with UK expansion planned).
• Independent P&L Reporting: Oversee daily valuation, MTM, and P&L attribution processes. Ensure results are accurate, transparent, and delivered to tight deadlines.
• Risk Control Governance: Maintain and improve risk measurement processes (including VaR and limit monitoring), ensuring compliance with risk policies and trading mandates.
• CTRM Implementation & SME: Act as the Middle Office SME for the global implementation of a new CTRM platform, including defining business requirements, testing, and change management.
• Process Optimisation: Lead initiatives to automate and standardise manual processes. Embed scalable solutions across systems and reporting frameworks.
• Market Data Validation: Oversee the maintenance and validation of market price curves used for MTM, VaR, and exposure reporting.
• Stakeholder Engagement: Partner with Trading, Finance, Chartering, Risk, and Operations to ensure seamless integration of commercial activities with financial and control reporting.
• Business Decision Support: Provide analytical insights into trading performance, valuation changes, and risk exposures to senior leadership.
• Audit & Compliance Readiness: Ensure all processes meet audit standards and contribute to internal and external audit readiness.

 
Qualifications & experience

• Undergraduate degree in Finance, Economics, Accounting, Mathematics or related discipline.
• Exposure to physical commodity trading (Oil).
• 10+ years of experience in Middle Office, Product Control, or Risk Control functions in commodity trading within the Oil industry
• Desirable: Postgraduate qualifications or certifications (CFA, CPA, FRM).

 
Skills & Knowledge

• Strong understanding of the trade lifecycle, mark-to-market valuation, P&L attribution, and exposure management.
• Proven leadership capability and experience managing teams.
• High proficiency in Microsoft Excel (modelling, data validation, reconciliation).
• Strong communication and stakeholder management skills.
• Detail-oriented with the ability to work under pressure and meet deadlines.
• Track record in driving process improvements and operational efficiency.
• Desirable: Experience with trading of LPG, Fuel Oil, Freight, Carbon, or derivatives.
• Desirable: Knowledge of CTRM systems (e.g., Allegro, Endur, Eka, Aspect, etc.) and implementation experience.
• Desirable: Proficiency in VBA, Python, or other tools to automate and manage large data sets.
• Desirable: Experience working across multiple geographic locations and time zones.

At Ampol, we’re committed to creating a workplace where everyone feels valued and respected. We embrace and celebrate diversity in all its forms, recognizing that it makes our organization stronger. We encourage applications from people of all ages, backgrounds, identities, and experiences. We invite you to bring your whole self to Ampol.
 

Want to take your career to the next level? Apply today.