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Full-time
Posted 2d ago
~40 hrs/week
Responsibilities
The Senior Manager will oversee pricing methodologies, manage physical and financial market exposures, and execute hedging strategies for the EMEA Aviation business. They will also provide market intelligence and strategic recommendations to senior leadership to support commercial decision-making.
Requirements
Candidates must have significant experience in aviation fuel, energy, or commodity trading markets with a strong understanding of risk management and derivatives. Proficiency in analytical tools like Microsoft Excel and the ability to influence senior stakeholders are essential for this role.
Full job description
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.
The Opportunity
As Senior Manager, Pricing & Risk, you will be responsible for overseeing pricing methodologies, managing physical and financial market exposures, executing hedging strategies, and supporting business decisions through market insight and risk analysis.
This role combines strategic oversight with hands-on execution and will serve as a key advisor to the Aviation leadership team on pricing, risk management, and market developments.
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 (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.
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 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
#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.
Headquartered in Miami, Florida, World Kinect Corporation (NYSE: WKC) is a leading global energy management company, offering a broad suite of solutions across the energy product spectrum. In addition to our core energy and fuel offerings to customers in the transportation sector, we provide advisory services, sustainability and renewable energy solutions, as well as supply fulfillment for natural gas and power. We continue to focus on advancing the energy transition to lower carbon alternatives through expanding our portfolio of energy solutions and providing customers with greater access to sustainably sourced energy.
For more information, visit https://corp.worldkinect.com.
Offices: 9800 NW 41st St, Miami, Florida 33178, US · 62 Buckingham Gate, London, England SW1E 6AJ, GB · 155, Rue Montmartre, Paris, Ile-de-France 75002, FR · Novalisstraße 10, Berlin, Berlin 10115, DE · Fantoftvegen 38, Bergen, Hordaland 5072, NO
Energy ManagementEnergy ConsultingSustainabilityCarbon ManagementPrice Risk ManagementEnergy ProcurementNatural GasElectricityBiogasLNG