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: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Gain exposure to senior leadership and enhance your career in a thriving industry.
- Why this job: Be at the forefront of commercial decision-making in the energy sector.
- Qualifications: Experience in product control, market risk, and strong analytical skills required.
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.
Location: London, UK
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.
Lead, Product Risk & Control in London employer: World Kinect Corporation
At World Fuel, we pride ourselves on being an exceptional employer, offering a dynamic and culturally diverse work environment in the heart of London. Our employees benefit from a high-performance culture that fosters innovation, collaboration, and continuous improvement, alongside ample opportunities for professional growth and development. Join us to play a pivotal role in our international supply operations while enjoying the unique advantages of working in a global energy management company committed to your success.
StudySmarter Expert Advice🤫
We think this is how you could land Lead, Product Risk & Control in London
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like World Kinect Corporation. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from World Kinect Corporation.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like World Kinect Corporation. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Lead, Product Risk & Control in London
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in World Kinect Corporation and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show World Kinect Corporation how you can be a team player!
How to prepare for a job interview at World Kinect Corporation
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with World Kinect Corporation.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with World Kinect Corporation's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
