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Commodities Jobs in Chicago, IL (NOW HIRING)

Primient

Sr. SAP MM Analyst P2P & Commodities

Schaumburg, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Sr. SAP MM Analyst P2P & Commodities | Primient About Primient Primient is a century old company with an entrepreneurial spirit. We are a leading producer of food and industrial ingredients made from ...

Primient

Sr. SAP MM Analyst P2P & Commodities

Schaumburg, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Sr. SAP MM Analyst P2P & Commodities | Primient About Primient Primient is a century old company with an entrepreneurial spirit. We are a leading producer of food and industrial ingredients made from ...

SPX

Strategic Sourcing Manager

Elk Grove Village, IL · Hybrid

$127K - $164K/yr

  • Medical

  • Retirement

  • PTO

The role has a primary focus on electronics and technology-related commodities, including PCBAs, electronic components, semiconductors, SSDs, servers, computing hardware, and cable harnesses, which ...

Federal Signal

Buyer

Park Forest, IL · On-site

$60K - $86K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Daily management of commodities by assigned supplier including processing, expediting, maintaining MRP messages for all purchase orders. * ECR responsibilities for commodities assigned including ...

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Showing results 1-20

All JobsCommodities JobsCommodities Jobs in Chicago, IL

Commodities information

See Chicago, IL salary details

$37.6K

$101.1K

$165K

How much do commodities jobs pay per year?

As of Aug 13, 2026, the average yearly pay for commodities in Chicago, IL is $101,076.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $117,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a commodities trader?

To excel as a Commodities Trader, you need strong analytical skills, a solid understanding of financial markets, and typically a degree in finance, economics, or a related field. Familiarity with trading platforms, market analysis software, and relevant certifications like Series 3 or Chartered Financial Analyst (CFA) are often required. Excellent decision-making, stress management, and communication skills set top performers apart in this fast-paced environment. These abilities are crucial for making informed trades, managing risk effectively, and maintaining profitable client and institutional relationships.

What are some common challenges faced by professionals working in commodities trading, and how can they be addressed?

Professionals in commodities trading often encounter challenges such as market volatility, rapidly changing global events, and complex regulatory requirements. To navigate these, it’s important to stay updated on market news, develop strong analytical skills, and maintain effective risk management strategies. Collaboration with research analysts, risk managers, and compliance teams is also key to making informed trading decisions and ensuring adherence to industry regulations. Continuous learning and adaptability are crucial for long-term success in this dynamic role.

What is the difference between Commodities vs Commodity Traders?

AspectCommoditiesCommodity Traders
CredentialsVaries; often no specific certificationsTypically require knowledge of markets, certifications like Series 7 or 63
Work EnvironmentMining sites, farms, warehouses, production facilitiesTrading floors, offices, financial institutions
Industry UsageRaw materials, agricultural products, energy resourcesBuying and selling commodities in markets
Search/Comparison IntentUnderstanding raw material rolesMarket trading, investment, and sales roles

Commodities refer to raw materials like oil, gold, or wheat, while commodity traders are professionals who buy and sell these raw materials in markets. Commodities are the physical products, whereas commodity traders focus on market transactions, leveraging market knowledge and certifications to profit from price fluctuations.

What is a commodities job?

Commodities jobs involve the buying, selling, analysis, and management of raw materials such as oil, metals, agricultural products, and energy resources. Professionals in this field may work as traders, analysts, brokers, risk managers, or logistics coordinators within financial institutions, trading firms, or companies that produce or use commodities. These roles require strong analytical skills, knowledge of global markets, and the ability to manage risk. The work environment is often fast-paced and can involve monitoring markets, negotiating contracts, and ensuring smooth delivery of goods. Careers in commodities can be lucrative but also carry high levels of risk and responsibility.
What are popular job titles related to Commodities jobs in Chicago, IL? For Commodities jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Commodities jobs in Chicago, IL look for? The top searched job categories for Commodities jobs in Chicago, IL are:
Commodities jobs near you
Infographic showing various Commodities job openings in Chicago, IL as of August 2026, with employment types broken down into 91% Full Time, 5% Part Time, 2% Contract, and 2% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $101,076 per year, or $48.6 per hour.

Experienced Commodities Options Trader

Belvedere Trading

Chicago, IL • On-site

$150K - $200K/yr

Full-time

Re-posted 6 days ago

Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry.
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry.
As an Experienced Commodities Options Trader, you will help expand and lead Belvedere's presence in commodity derivatives markets. In this role, you will take ownership of strategy development, pricing, and risk across commodity options products. You'll bring strong market intuition, quantitative rigor, and a collaborative mindset to a fast-paced environment where we work together to solve complex problems and push our trading capabilities forward.
What you'll do
  • Become a leader in options market-making, while being recognized and compensated for your contributions within the firm.
  • Participate in formal education on quantitative concepts to build your trading knowledge.
  • Lead market-making and execution across commodity options products, guiding pricing, risk parameters, and strategic direction.
  • Own and refine trading strategies from ideation through execution, generating insights in high-volume and high-volatility markets.
  • Identify trends and mispricings by leveraging data, market structure knowledge, and an understanding of supply-demand dynamics across commodities.
  • Collaborate with technologists and quants to enhance analytics, improve models, and systematize trading workflows that scale.
  • Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity.
  • Manage risk with discipline, monitoring exposures in real time and ensuring adherence to Belvedere's risk philosophy.
  • Work cross-functionally with research, technology, and trading teams to drive innovation and support the continued evolution of our commodities options trading groups.

What you'll need
  • 3-7+ years of experience trading commodity options (energy, metals, agriculture, or related markets).
  • Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets.
  • Deep understanding of options pricing, volatility dynamics, and commodity market structure, including fundamental drivers.
  • Proficiency with analytical and programming tools such as Python, R, or SQL, with the ability to work with large datasets and improve modeling or decision-support systems.
  • Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions.
  • Excellent communication skills and a team-oriented mindset.
  • Bachelor's degree or higher in Finance, Engineering, Physics, Mathematics, Economics, Computer Science, or a related technical field.

$150,000 - $200,000 a year
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.
How We Operate - Core Values
Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence.
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures.
Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks.
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress.
Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications.
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application.
Our Stance
Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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