Senior Manager, Aviation Fuel Pricing & Risk

About this role

Responsibilities

• 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 (MtM) positions, Value-at-Risk (VaR), basis exposure, and roll risk.
• Identify and escalate 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.

Requirements

• 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 TriplePoint 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