At a Glance
- Tasks: Lead risk control and analysis for energy trading activities in a dynamic environment.
- Company: Join World Fuel, a global leader in energy trading with a diverse team.
- Benefits: Gain exposure to senior leadership and commercial decision-making in a high-performance culture.
- Other info: Opportunities for professional growth and involvement in strategic projects.
- Why this job: Make a real impact on trading operations while developing your analytical skills.
- Qualifications: Experience in risk control, trading, or commodities finance is essential.
The predicted salary is between 75600 - 92400 £ per year.
At World Fuel, our employees are the key to our global success.
We are industry leaders due to the innumerable talents of our approximately 5000 strong professional team.
Our people thrive in an entrepreneurial and culturally-diverse environment, where innovative thinking, collaboration and efficient execution are highly valued.
Our high-performance culture is what allows us to drive sustained growth.
Stronger together, we promote an environment where individuals can thrive.
- Lead, Product Risk & Control
- At World Fuel, we're seeking a highly analytical and commercially minded
Lead, Product Risk & Control to join our Supply & Trading organization.
This role sits at the intersection of Trading, Risk, Finance, and Operations and is responsible for strengthening and overseeing the control framework supporting our physical and financial energy trading activities.
The successful candidate will lead daily P&L validation, exposure reporting, pricing and curve governance, valuation controls, and risk oversight while partnering closely with Trading, Market Risk, Finance, Operations, Credit, Legal, and Technology teams.
This is a highly visible role offering direct exposure to senior leadership, commercial decision-making, commodity markets, and the end-to-end trading lifecycle.
- What You'll Be Responsible For
- Daily P&L, Valuation & Exposure Oversight
- Own the daily production, validation, and analysis of trading P&L.
- Provide independent review and challenge of P&L attribution and key valuation drivers.
- Investigate and reduce unexplained P&L through robust analysis and control monitoring.
- Partner with Front Office teams to understand trading strategies, positions, and market exposures.
- Validate exposure reporting and ensure trading activity is accurately reflected in risk and financial reporting.
- Identify, investigate, and escalate control exceptions, valuation issues, and exposure breaches.
- Pricing & Curve Governance
- Lead daily pricing and forward curve validation across physical and financial commodity markets.
- Manage curve construction, validation, and maintenance across relevant products and benchmarks.
- Ensure pricing inputs are derived from approved and independently verifiable market sources.
- Investigate pricing anomalies, stale market data, curve movements, and valuation impacts.
- Support risk, valuation, and reporting processes through robust market data governance.
- Partner with Enverus and internal technology teams on enhancements and issue resolution.
- Risk Control & Governance
- Maintain ownership of key controls across valuation, market data, positions, exposures, and P&L.
- Develop meaningful exception reporting and management dashboards.
- Identify control weaknesses and drive sustainable improvements.
- Ensure control evidence and documentation meet internal, external audit, and regulatory requirements.
- Promote a strong risk and control culture across the organization.
- Month-End & Audit Support
- Support month-end valuation and commercial-to-accounting reconciliations.
- Partner with Accounting to investigate and resolve reporting breaks.
- Support internal and external audit requests, control testing, and process reviews.
- Process Improvement & Automation
- Identify opportunities to improve efficiency through automation and enhanced controls.
- Reduce manual processes and increase transparency across reporting and valuation workflows.
- Support ETRM enhancements, testing, implementation, and system upgrades.
- Participate in strategic projects, new product onboarding, and business expansion initiatives.
What We're Looking For
- Strong experience within Product Control, Market Risk, Trading Risk, Risk Control, Valuation Control, or Commodities Finance.
- Deep understanding of physical and financial energy markets, including oil and refined products.
- Experience with mark-to-market valuation, P&L attribution, exposure reporting, and pricing methodologies.
- Strong understanding of the front-to-back trade lifecycle.
- Advanced analytical and problem-solving capabilities.
- Ability to challenge constructively and influence across Trading, Risk, Finance, and Operations teams.
- Experience working with ETRM platforms and market data processes is highly desirable.
- Strong Excel skills, Power BI, and SQL knowledge highly desirable.
Why Join World Fuel?
This is an opportunity to play a critical role in a global energy trading organization while working at the center of commercial decision-making.
You'll gain exposure across supply, trading, risk, finance, and technology while helping shape the control environment supporting an evolving and growing trading business.
- #WFS
- #LI-TB3
- #LI-HYBRID
Please note that by submitting an employment application you consent to World Fuel Services processing your information for this role and potentially for future employment opportunities, in accordance with applicable laws.
To learn more about how we protect and/or process personal information, please visit the WFS Privacy Center at: https://www. wfscorp. com/en/privacy-center.
World Fuel Services Europe, Ltd.
Lead, Product Risk & Control employer: World Fuel Services
World Fuel Services Europe, Ltd. is an exceptional employer that fosters a dynamic and collaborative work culture in the heart of Canary Wharf, London. With a strong focus on employee growth and development, we offer numerous opportunities for advancement while providing competitive benefits and a supportive environment that encourages innovation and excellence in aviation fuel supply management.
StudySmarter Expert Advice🤫
We think this is how you could land Lead, Product Risk & Control
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like World Fuel Services. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Lead, Product Risk & Control
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to World Fuel Services.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on World Fuel Services's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at World Fuel Services
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with World Fuel Services.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at World Fuel Services will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former World Fuel Services employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
