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Product Control Jobs (NOW HIRING)

The Product Control Manager works closely with Retail leadership, Risk, Front Office, Accounting, Settlements, and FP&A to deliver clear insight into energy margin and non-energy products tracking ...

Product Control Manager - Retail Energy A growing energy organization is seeking a Product Control Manager to lead margin reporting, valuation oversight, financial controls, and reconciliation ...

Product Control Manager - Retail Energy A growing energy organization is seeking a Product Control Manager to lead margin reporting, valuation oversight, financial controls, and reconciliation ...

Daily P&L on derivatives products, including risk attribution and explanation. * Daily interaction with the Correlation and Structured Finance desk to go over P&L and reserves. * Work close with ...

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Product Control information

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$10

$27

$58

How much do product control jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for product control in the United States is $27.21, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $33.65 per hour, depending on experience, location, and employer.

What is product control?

Product Control is a key function within financial institutions, particularly investment banks, responsible for ensuring the accuracy and integrity of financial reporting relating to trading activities. The team works closely with traders, risk managers, and finance departments to reconcile and analyze profit and loss (P&L), validate balance sheet items, and ensure compliance with accounting standards. Their work helps identify errors, prevent losses, and support regulatory reporting, making them essential to the financial health and transparency of the organization.

What are the key skills and qualifications needed to thrive as a product control professional, and why are they important?

To thrive as a Product Control professional, a strong background in finance, accounting, and quantitative analysis is essential, often supported by a degree in finance or a related field. Familiarity with financial systems like SAP, Oracle, and advanced Excel, as well as certifications such as CFA or ACCA, is typically required. Attention to detail, analytical thinking, and effective communication enable professionals to accurately report and analyze trading results while collaborating with front office and risk teams. These skills are crucial for ensuring financial integrity, regulatory compliance, and timely decision-making within financial institutions.

What is the difference between Product Control vs Financial Control?

AspectProduct ControlFinancial Control
Primary FocusMonitoring and managing specific trading products and riskOverseeing overall financial reporting and compliance
Work EnvironmentTrading desks, risk management teamsFinance departments, accounting teams
Required CredentialsFinance or accounting degree, relevant certifications (e.g., CFA)Accounting or finance degree, CPA or equivalent
Industry UsageInvestment banks, trading firmsCorporations, financial institutions

Product Control focuses on managing trading activities and risk associated with specific financial products, while Financial Control handles overall financial reporting, compliance, and accounting functions. Both roles require finance or accounting credentials and are integral to financial institutions, but they serve different operational areas within the organization.

How much do product controllers make?

Product controllers typically earn a salary ranging from $70,000 to $150,000 annually, depending on experience, location, and the size of the organization. Senior roles or those in major financial centers can offer higher compensation, often supplemented with bonuses and benefits. Strong analytical skills and knowledge of financial systems are important for this role.

How does the product control team typically collaborate with Front Office, Risk, and Finance departments?

Product Control professionals regularly interact with Front Office teams to verify the accuracy of trading activities, resolve discrepancies, and ensure proper valuation of financial products. They also work closely with Risk and Finance departments to support accurate profit and loss reporting, contribute to regulatory compliance, and provide input for monthly and quarterly financial statements. Effective communication and a collaborative approach are essential, as Product Control serves as a bridge between trading desks and support functions, helping to maintain robust controls and ensure the integrity of financial data.
More about Product Control jobs
What states have the most Product Control jobs? States with the most job openings for Product Control jobs include:
Infographic showing various Product Control job openings in the United States as of August 2026, with employment types broken down into 79% Full Time, 17% Part Time, 3% Contract, and 1% Nights. Highlights an 90% Physical, 2% Hybrid, and 8% Remote job distribution, with an average salary of $56,597 per year, or $27.2 per hour.

Product Control Manager

Calpine

San Diego, CA • On-site

Full-time

Re-posted 11 days ago


Calpine rating

8.7

Company rating: 8.7 out of 10

Based on 10 frontline employees who took The Breakroom Quiz


Job description

Calpine, a business unit of Constellation Energy Corporation (Nasdaq: CEG), is America's largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. With 79 energy facilities in operation, Calpine's fleet has the capacity to generate approximately 27,000 MW of electricity - enough to power approximately 27 million homes. Through wholesale power operations and its retail businesses, Calpine serves customers in 22 states and Canada. Its clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner.
The company was established on the premise that a strong commitment to the environment is inextricably linked to excellence in power generation and corporate responsibility. Since its founding in 1984, Calpine has led the power industry in its unwavering commitment to environmental stewardship. In addition, its renewable geothermal plants use steam generated deep below the earth's surface to produce clean, renewable electricity.
Job Summary (includes but is not limited to the following, other duties may be assigned)
The Product Control Manager is an important, high-impact role within Calpine's Retail organization, responsible for strengthening and evolving the financial control and risk management framework supporting the retail energy business. This role reports to the Vice President of Risk - Solutions and operates at the intersection of risk, commercial operations, and accounting, ensuring performance and exposures are accurately measured, understood, and communicated.
This role plays a critical part in enhancing the rigor, transparency, and auditability of existing processes and controls; while remaining practical, business-focused, and ensuring the retail business operates efficiently. The Product Control Manager works closely with Retail leadership, Risk, Front Office, Accounting, Settlements, and FP&A to deliver clear insight into energy margin and non-energy products tracking, forecasting and reconciliations. This is a hands-on leadership role with meaningful autonomy and the opportunity to shape processes that have organization-wide impact.
This role is central to scaling the Retail business in a public-company environment, driving confidence in reported results, improving transparency into operational performance, and ensuring risk is understood, controlled, and proactively managed. It offers significant visibility, influence, and the opportunity to shape how the business measures success.
Job Responsibilities
Product Control & Risk Oversight
  • Own and oversee the product control framework for the Retail business, ensuring accurate measurement of margin, inventories and obligations.
  • Manage the unrealized to realized margin reconciliation process for all commodity components.
  • Monitor market trends, forward curves, and pricing inputs to support accurate valuation and timely recognition of portfolio performance.
  • Serve as a key control point between Front Office activity and financial outcomes, providing challenge, insight, and independent validation where appropriate.

Cross-Functional Coordination
  • Partner closely with Front, Middle, and Back Office teams to ensure a timely, transparent, and well-controlled margin close process.
  • Coordinate and reconcile non-energy products (e.g., Renewable Energy Credits, Capacity, Resource Adequacy) across systems and teams to ensure consistent reporting and clear ownership.

Insight, Analysis & Leadership
  • Prepare and present clear summaries of retail financial and operational results for senior Retail leadership, highlighting drivers, risks, and emerging trends.
  • Provide analytical support to Risk, FP&A and accounting focused on energy margin performance, inventory positions, and obligations.
  • Identify and lead initiatives that materially improve controls, data quality, system design, or management insight across multiple functions.

Process Improvement & Control Enhancement
  • Design, document, and enhance control processes in support of public-company expectations, building on existing practices and strengthening consistency and audit readiness.
  • Lead cross-functional projects (e.g., rebuilding REC tracking, allocation, and valuation processes) that impact systems, reporting, and decision-making.
  • Operate with independence and sound judgment, making day-to-day control and process decisions within established governance frameworks.
  • Coordinate non-energy reconciliation and management among front, middle and back office of non-energy products including but not limited to Renewable Energy Credits, Capacity and Resource Adequacy to ensure accurate financial and management reporting.
  • Works within broad guidelines applies advanced technical knowledge of multiple functions to solve complex problems which may have long-term impact on the business.

Job Requirements:
  • Bachelor's degree in finance, business, economics, accounting, or another quantitative field required.
  • Advanced degree or professional certification (CPA, MBA) preferred but not required.
  • 10+ years of experience in product control, risk management, or finance within an energy trading, or retail energy business.
  • Proven experience working closely with trading, risk, and commercial teams.
  • Prior people leadership experience or demonstrated readiness to lead a team.
  • Experience within a trading environment is strongly preferred.
  • Deep understanding of commodity products, markets, and valuation concepts.
  • Strong grasp of control frameworks and financial reporting (without being purely accounting-driven).
  • Ability to interpret accounting guidance and convert it into practical, business processes.
  • Excellent analytical, problem-solving, and communication skills.
  • Comfortable operating in a fast-paced environment with competing priorities.
  • Strong stakeholder management skills with the ability to challenge constructively.
  • Advanced proficiency in ETRM systems, data analysis, and Excel.

Salary Information:
Salary Range - $118,360 - $174,581
Additional Calpine Information:
  • Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
  • Calpine is committed to Equal Employment Opportunity and providing reasonable accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment and need special assistance or an accommodation to use our website or to apply for a position, please send an e-mail with your request to hrrecruitment@calpine.com. Determination on requests for reasonable accommodation are made on case-by-case basis.
    Please view Equal Employment Opportunity Posters provided by OFCCP here

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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