Product Control Lead - LNG

Welcome to ConocoPhillips, where innovation and excellence create a platform for opportunity and growth. Come realize your full potential here.

Who We Are

We are one of the world’s largest independent exploration and production companies, based on proved reserves and production of liquids and natural gas. With operations and activities in 13 countries, we explore for, develop, and produce crude oil and natural gas globally. We are challenged with an important job to safely find and deliver energy to the world. Our employees are critical to our success, and with them we power civilization.

We’re grounded by our SPIRIT Values – safety, people, integrity, responsibility, innovation, and teamwork. These values position us to deliver strong performance in a dynamic business – but not at all costs. We believe it’s not just what we do – it’s how we do it – that sets us apart.

Fostering an Inclusive Work Environment

To deliver superior performance, we create an environment that respects the contributions and differences of every individual. Wherever possible, we use these differences to drive competitive business advantage, personal growth and, ultimately, create business success.

Job Summary

The Product Control Lead – LNG provides independent financial oversight, valuation governance, and commercial control support for LNG trading and optimisation activities. The role is responsible for ensuring accurate profit and loss reporting, valuation integrity, exposure transparency, and a robust control environment across the trade lifecycle. Working closely with Trading, Market Risk, Finance, Accounting, and Operations, the position serves as a key business partner supporting sound commercial decision-making and regulatory compliance.

Position Overview

Your responsibilities may include:

Product Control & P&L Governance

• Lead the production, validation, and explanation of daily, monthly, and quarterly P&L for LNG trading portfolios.
• Analyse and communicate key P&L drivers, including market movements, freight, optionality, foreign exchange impacts, and inventory effects.
• Ensure accurate mark-to-market valuation processes and challenge valuation assumptions where appropriate.
• Oversee balance sheet substantiation, accruals, reconciliations, and month-end close activities.

Valuation & Financial Controls

• Validate pricing curves, valuation models, market inputs, and trade economics.
• Maintain robust valuation governance and independent price verification processes.
• Partner with Finance and Accounting teams to support statutory reporting and audit requirements.
• Ensure adherence to internal control standards and applicable accounting frameworks.

Trade Lifecycle Oversight

• Ensure accurate trade capture and lifecycle management for LNG transactions.
• Review and monitor physical and financial trading activities to ensure completeness and accuracy.
• Support the implementation of new products, structures, and commercial strategies by establishing appropriate control frameworks.
• Identify and escalate control exceptions and operational risks.

Risk & Commercial Partnership

• Collaborate with Trading and Market Risk teams to ensure alignment between P&L reporting, exposure measurement, and risk monitoring.
• Provide commercial insight into trading performance and portfolio exposures.
• Support management decision-making through high-quality financial and analytical reporting.
• Contribute to continuous improvement initiatives that enhance governance, transparency, and operational resilience.

Leadership

• Provide technical leadership, coaching, and guidance to Product Control analysts.
• Promote a culture of accountability, integrity, continuous improvement, and strong financial control.

Basic Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Mathematics, Engineering, or a related discipline, or equivalent skills, knowledge, and experience.
• Experience in Product Control, Trading Finance, Commercial Finance, Risk, or a related function supporting commodity trading activities.
• Demonstrated experience delivering independent P&L reporting, valuation oversight, and financial controls.
• Strong understanding of commodity trading fundamentals, valuation techniques, and risk concepts.
• Experience partnering effectively with Trading, Finance, Risk, and Operations stakeholders.
• Strong analytical, communication, and stakeholder management skills.

Preferred Qualifications

• Professional accounting or finance qualification (ACA, ACCA, CIMA, CFA, CPA, or equivalent).
• Experience supporting LNG, natural gas, power, crude oil, NGL, or related commodity portfolios.
• Knowledge of physical LNG markets, shipping economics, freight valuation, and commodity trading operations.
• Experience with ETRM systems and valuation platforms.
• Familiarity with UK regulatory requirements, audit processes, and financial control expectations.

Work Environment

At our London office, you will be part of a highly collaborative and inclusive commercial organisation where expertise, innovation, and teamwork are valued. Working alongside professionals across Trading, Risk, Finance, Operations, and Commercial teams, you will have the opportunity to influence key business decisions while developing meaningful relationships across a diverse and international network.

We foster a culture where people are encouraged to bring new ideas, challenge constructively, and contribute to continuous improvement. Team members are trusted with significant responsibility, supported by approachable leaders, and empowered to make an impact from day one. Collaboration extends beyond functional boundaries, creating an environment where knowledge sharing, professional growth, and mutual respect are central to how we work.

Our UK team combines the pace and energy of a commercial trading environment with a strong commitment to employee wellbeing, development, and work-life balance. We take pride in maintaining a supportive workplace where people can build long-term careers, develop technical and leadership skills, and work alongside talented colleagues who are passionate about delivering results safely, ethically, and responsibly.

Whether you are partnering with traders on market opportunities, collaborating with finance and risk teams on strategic initiatives, or helping strengthen our control environment, you will be joining a team that values integrity, accountability, curiosity, and collaboration.

Why Join Us

• Work with a respected and experienced LNG trading and commercial team.
• Collaborate across a global organisation with exposure to international markets and business partners.
• Contribute to meaningful work that directly supports commercial performance and strategic growth.
• Benefit from a culture that encourages continuous learning, career development, and internal mobility.
• Join a company committed to safety, inclusion, sustainability, and doing the right thing.

This is an opportunity to be part of a high-performing team where your expertise is valued, your contributions matter, and your career can thrive.

Equal Opportunities and Inclusion Statement

We are committed to promoting equal opportunities in employment and creating a workplace culture in which diversity and inclusion are valued and everyone is treated with dignity and respect. We welcome applications from all individuals regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, and sexual orientation.  We are committed to making reasonable adjustments throughout the recruitment process for candidates who require them, and we encourage applicants to let us know if there is anything we can do to ensure the process is accessible to them.  We value the diversity of thought, experience, and background within our business and believe that building a truly inclusive workplace enables every individual to thrive, contribute fully, and reach their potential.

Conditions of Employment

Successful candidates will be made a conditional offer of employment. The conditions include, but are not limited to: a satisfactory criminal records disclosure; satisfactory employment references over five years (where applicable); verification of qualifications, including any professional accreditation stated in the application; completion of a pre-employment medical, including a test for illicit or unprescribed drugs in accordance with the Company's safety policies; and the legal right to work on the agreed commencement date.

Apply By: 

Jul 26, 2026

Sponsorship:

ConocoPhillips’ sponsorship for employment authorization in the country where this job is located is available for this position.

EEO:

ConocoPhillips is an equal opportunity employer.