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Title:  Senior Analyst Fuel and Market Risk

Location: 

Long Island City, NY, US, 11101

Req ID:  44146

IMPORTANT UPDATE:  Every decision JetBlue has made throughout the pandemic has been with our safety value front and center. Whether it’s requiring masks, or many of the other health and safety protocols we’ve had to navigate during the pandemic, all of these efforts have been focused on making the workplace and air travel safer for you and our Customers. As part of our commitment to health and safety, COVID-19 vaccines are required for all JetBlue employees. New hire employees must be fully vaccinated prior to the start of training.

Position Title: Senior Analyst, Fuel & Market Risk

 

Position Summary

The Senior Analyst, Fuel & Market Risk is responsible for various aspects of JetBlue's physical fuel procurement and management. The Fuel & Market Risk team oversees one of JetBlue's largest operating expenses, ensuring efficacy, cost competitiveness, and continuous process improvement of the fuel life cycle. Additionally, the team is responsible for the design and execution of the airline's hedge programs.

 

Essential Responsibilities

· Negotiate and execute annual jet fuel supply contracts for all JetBlue locations

· Project manage multiple fuel digital transformation initiatives including coordination with business partners and network rollout

· Manage the fuel invoice reconciliation process to ensure the accuracy of all fuel related expenses

· Assist in the strategy and execution of our Sustainable Aviation Fuel (SAF) agenda

· Drive value by representing JetBlue at industry fuel consortia/committee meetings and with industry trade associations (IATA, A4A)

· Actively identify, analyze and drive cost savings opportunities from the well to the wing of our aircraft

· Collaborate with fuel service providers and the JetBlue operations teams to ensure physical fuel supply 24x7 - securing our ability to fly

· Actively seek to enhance, and deliver forward monthly fuel consumption forecasts to our suppliers for each JetBlue destination

· Optimize working capital by analyzing payment terms and physical fuel inventory management

· Proactively monitor the oil market and present risk mitigation strategies

· Ensure internal audit compliance for both physical fuel and risk mitigating hedge programs

· Complete project/analysis requests; regularly partner with internal and external parties

· Other duties as assigned

 

Experience and Qualifications

· Bachelor's Degree in Business Administration, Accounting, or Finance or related field; OR demonstrated capability to perform job responsibilities with a High School Diploma/GED and at least four (4) years of previous relevant experience.

· Three (3) years of Fuel, Finance, Supply Chain or related experience

· Proficient in Microsoft Office suite; Advanced Excel and PowerPoint skills

· A self-starter with the ability to prioritize assignments

· Excellent written and verbal communication including ability to interact with executive leadership

· Available for overnight travel (10%)

· Currently in possession of a valid Passport with the ability to travel in and out of the US

· Able to pass a ten (10) year background check and pre-employment drug test

· Legally eligible to work in the country in which the position is located

 

Preferred Experience and Qualifications

· MBA and or CPA

· Proven ability to deliver savings and value through negotiation and financial analysis

· Basic understanding of the energy/oil commodity market

· Previous airline, fuel, or energy industry experience

· Experience with Bloomberg terminal, MarketView software

 

Crewmember Expectations:

· Regular attendance and punctuality

· Potential need to work flexible hours and be available to respond on short-notice

· Able to maintain a professional appearance

· When working or traveling on JetBlue flights, and if time permits, all capable crewmembers are asked to assist with light cleaning of the aircraft

· Must be an appropriate organizational fit for the JetBlue culture, that is, exhibit the JetBlue values of Safety, Caring, Integrity, Passion and Fun

· Promote JetBlue’s #1 value of safety as a Safety Ambassador, supporting JetBlue’s Safety Management System (SMS) components, Safety Policy and behavioral standards

· Identify safety and/or security concerns, issues, incidents or hazards that should be reported and report them whenever possible and by any means necessary including JetBlue’s confidential reporting systems (Aviation Safety Action Program (ASAP) or Safety Action Report(SAR))

 

Equipment:

· Computer and other office equipment

 

Work Environment:

· Traditional office environment

 

Physical Effort:

· Generally not required, or up to 10 pounds occasionally, 0 pounds frequently. (Sedentary)

 

 

#LI-RM1

 

JetBlue Airways is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.


Nearest Major Market: Brooklyn
Nearest Secondary Market: New York City

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