Senior Manager, Aviation Fuel Pricing & Risk

Senior Manager, Aviation Fuel Pricing & Risk

Full-Time 59400 - 72600 £ / year (est.) No working from home possible
World Fuel Services

At a Glance

  • Tasks: Lead pricing, risk management, and hedging for a global aviation fuel business.
  • Company: Join World Fuel, a Fortune 100 leader in the fuel industry.
  • Benefits: Competitive salary, diverse culture, and opportunities for career growth.
  • Other info: Collaborative environment with exposure to global markets.
  • Why this job: Make impactful decisions in aviation fuel pricing and risk management.
  • Qualifications: Experience in aviation fuel, commodities, and strong analytical skills.

The predicted salary is between 59400 - 72600 £ 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 Pricing, Risk Management, and Hedging Across a Global Aviation Fuel Business World Fuel is seeking an experienced Senior Manager | Aviation Fuel Pricing & Risk to play a critical leadership role within our EMEA Aviation business.

This position sits at the center of commercial decision-making, working across pricing, market risk, physical fuel supply, and financial hedging activities.

You'll partner closely with senior leaders across Supply, Commercial, Finance, Treasury, Product Control, and Trading functions to help protect profitability, manage market exposure, and support business performance across Europe.

This is an excellent opportunity for a commercially minded professional with experience in aviation, energy, commodities, or fuel markets who enjoys operating at the intersection of trading, supply, risk, and commercial strategy.

What You'll Do

  • Pricing Management
  • Oversee pricing methodologies and governance across the Aviation business.
  • Ensure contract pricing is calculated accurately and in accordance with agreed commercial terms.
  • Manage daily, weekly, and monthly crude and oil product pricing activities.
  • Maintain pricing calendars, market indices, settlement data, and pricing benchmarks.
  • Investigate and resolve pricing discrepancies with both internal and external stakeholders.
  • Identify opportunities to improve pricing controls, reporting, and operational efficiency.
  • Risk Management
  • Monitor and assess physical and financial commodity exposures across the Aviation portfolio.
  • Analyse Mark-to-Market (Mt M) positions, Value-at-Risk (Va R), basis exposure, and roll risk.
  • Identify and elevate risk limit breaches and lead resolution efforts.
  • Provide recommendations on risk mitigation and exposure management strategies.
  • Support leadership in evaluating risk appetite, exposure limits, and hedging effectiveness.
  • Contribute to the ongoing development of risk management frameworks and governance processes.
  • Hedging & Trading Support
  • Execute exchange-traded and OTC derivative transactions across Aviation, Land, and Marine businesses.
  • Manage daily and intraday hedging activities related to Aviation fuel positions.
  • Reconcile physical and financial positions with Supply teams and analysts.
  • Execute monthly hedge roll activities.
  • Develop and evaluate hedging strategies designed to support commercial objectives.
  • Coordinate with Treasury and FX teams to manage foreign exchange exposure.
  • Analyse market structure, basis exposure, and pricing dynamics impacting portfolio performance.
  • Commercial Analysis & Market Intelligence
  • Provide market intelligence, pricing forecasts, and strategic recommendations.
  • Support commercial planning and decision-making through detailed market analysis.
  • Deliver reporting and presentations for senior management and business leadership.
  • Act as a subject matter expert on commodity pricing, market risk, and hedging strategy.
  • Process Improvement
  • Drive enhancements to pricing, risk management, and reporting processes.
  • Support automation, controls improvements, and operational efficiency initiatives.
  • Contribute to the development of systems, tools, and reporting frameworks that improve business performance.

What We're Looking For

  • Required Experience
  • Experience within aviation fuel, energy, commodities, oil, trading, or related markets.
  • Strong understanding of commodity pricing and risk management.
  • Experience managing physical and financial market exposures.
  • Knowledge of futures, swaps, derivatives, and hedging strategies.
  • Experience analysing Mark-to-Market positions, Value-at-Risk, basis exposure, and roll risk.
  • Strong commercial judgment and decision-making capability.
  • Experience developing and implementing risk management controls and governance frameworks.
  • Advanced Microsoft Excel skills.
  • Excellent analytical, problem-solving, and communication skills.
  • Ability to influence senior stakeholders within a commercial environment.
  • Preferred Experience
  • Aviation fuel market experience.
  • ICE exchange and OTC derivatives experience.
  • Experience with ETRM / CTRM systems, particularly Triple Point CXL.
  • Knowledge of foreign exchange markets and FX hedging.
  • Experience with process improvement, automation, and controls enhancement.
  • Power BI, SQL, Python, or VBA skills.

You'll work closely with

  • Internal Stakeholders
  • Supply Operations Directors and Managers
  • Supply & Commercial Leaders
  • Product Control
  • Market Risk
  • Treasury Finance Business Partners
  • Senior Physical Traders
  • Derivatives Operations Teams
  • Senior Commercial Leadership
  • External Stakeholders
  • Oil Derivatives Brokers
  • Market Makers
  • Clearing Houses
  • Banking Partners

Why Join World Fuel?

Play a high-impact role within a major international aviation fuel business.

Influence commercial and risk management decisions across Europe.

Work alongside experienced leaders across supply, trading, commercial, and finance functions.

Gain exposure to both physical fuel markets and financial derivatives.

Help shape pricing, hedging, and risk strategies that directly impact business performance.

Join a collaborative global organization operating at the center of the energy and aviation industries.

If you're passionate about commodity markets, aviation fuel, risk management, and commercial performance, we'd love to hear from you.

#WFS #LI-TB1

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.

At World Fuel, our people "Fuel Their Careers".

We work in more than 150 locations worldwide and come from a diverse range of cultural backgrounds that offer an equally diverse range of skills.

As a global leader in the fuel industry, World Fuel offers exceptional individuals the opportunity to become part of a truly successful international corporation.

We are proud to be among the Fortune 100 companies.

#J-18808-Ljbffr

Senior Manager, Aviation Fuel Pricing & Risk employer: World Fuel Services

At World Fuel, we pride ourselves on being an exceptional employer, fostering a high-performance culture that thrives on collaboration and innovation. As a Supply Support Analyst in London, you'll be part of a dynamic team that values your contributions and offers opportunities for professional growth while working across diverse European markets. Join us to enhance your skills in a supportive environment where your analytical talents can drive meaningful improvements in our supply chain operations.

World Fuel Services

Contact Details:

World Fuel Services Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Manager, Aviation Fuel Pricing & Risk

Tap into Campus Networks

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We think you need these skills to ace Senior Manager, Aviation Fuel Pricing & Risk

Aviation Fuel Pricing
Risk Management
Hedging Strategies
Commodity Pricing
Market Analysis
Mark-to-Market Analysis
Value-at-Risk (VaR)

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.

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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.