Commodity Risk Management Strategist
3 days ago
The Judge Group is currently seeking an experienced Commodity Risk Management Strategist to join our team. As a key member of our Procurement department, this role will play a pivotal part in ensuring the availability and cost-effective procurement of essential commodities.
OverviewThis position requires a strategic thinker with a deep understanding of commodity markets and risk management techniques. The successful candidate will analyze commodity markets, assess risks, and develop effective risk mitigation strategies.
Responsibilities- Risk Management: Analyze commodity markets, assess risks, and develop effective risk mitigation strategies.
- Collaborate with Finance and Commercial teams to set annual business plans.
- Prepare and present detailed reports on commodity market trends and risks.
- Monitor and report on hedging activities to ensure compliance.
- Supply Management: Develop and execute category strategies to optimize supply chains.
- Source and contract with suppliers to secure favorable terms.
- Collaborate with R&D on new supply sources and material specifications.
- Manage a team responsible for operational aspects of commodity procurement.
- Work with Quality to address supplier quality issues.
- Leadership: Mentor and develop team members to achieve peak performance.
- Foster a collaborative and results-oriented team culture.
- Provide subject matter expertise and guidance to the organization.
- Minimum 10 years of experience in commodity risk management or trading roles within a consumer goods company.
- Bachelor's degree in Finance, Economics, Supply Chain, or related field; Master's degree preferred.
- Proven expertise in financial risk management techniques (e.g., forward contracts, futures, options, swaps).
- In-depth knowledge of beef, wheat, dairy, pork, chicken, and energy markets.
- Strong analytical skills, financial acumen, and problem-solving abilities.
- Excellent written and verbal communication skills.
- Ability to manage multiple priorities and adapt to changing market conditions.
- Proficiency in Microsoft Office and market monitoring tools.
We estimate the salary range for this position to be $120,000 - $180,000 per year, depending on experience and qualifications.
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