Head of Product Control

United Kingdom Job Family Group:
Finance Worker Type:
Regular Posting

Start Date:

October 16, 2026 Business Unit:
Finance Experience Level: Experienced Professionals

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.

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

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

• 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 performance, 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

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…