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Commodity Risk Analyst Jobs in Illinois (NOW HIRING)

Identify and qualify alternative suppliers to diversify the supply base, reduce risk, and improve supply chain resilience. * Analyze market conditions, commodity trends, and supplier performance to ...

Identify and qualify alternative suppliers to diversify the supply base, reduce risk, and improve supply chain resilience. * Analyze market conditions, commodity trends, and supplier performance to ...

Identify and qualify alternative suppliers to diversify the supply base, reduce risk, and improve supply chain resilience. * Analyze market conditions, commodity trends, and supplier performance to ...

Leverage advanced analytics tools to uncover risk trends and provide actionable insights for ... Apply Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) regulatory ...

Leverage advanced analytics tools to uncover risk trends and provide actionable insights for ... Apply Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) regulatory ...

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Showing results 1-20

Commodity Risk Analyst information

See Illinois salary details

$57.2K

$85.9K

$145.4K

How much do commodity risk analyst jobs pay per year?

As of Jul 4, 2026, the average yearly pay for commodity risk analyst in Illinois is $85,876.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,400.00 and $99,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Commodity Risk Analyst, and why are they important?

To thrive as a Commodity Risk Analyst, you need strong quantitative and analytical skills, a background in finance, economics, or a related field, and familiarity with commodity markets. Expertise in risk management software, Excel, and data analysis tools, as well as certifications like FRM or CFA, are often required. Attention to detail, problem-solving abilities, and effective communication are crucial soft skills for interpreting data and conveying risk insights to stakeholders. These skills are essential for accurately identifying, assessing, and mitigating commodity-related risks, which supports informed decision-making and financial stability.

What are some common challenges faced by Commodity Risk Analysts in managing market volatility?

Commodity Risk Analysts often encounter the challenge of reacting quickly to sudden price swings driven by global events, supply chain disruptions, or regulatory changes. Staying updated with real-time market data and effectively communicating risk exposures to stakeholders are crucial aspects of the role. Analysts must also balance quantitative analysis with qualitative judgment to develop strategies that minimize potential losses while supporting business objectives. Building strong relationships across trading, procurement, and finance teams helps facilitate informed decision-making in a highly dynamic environment.

What is the difference between Commodity Risk Analyst vs Commodity Trader?

AspectCommodity Risk AnalystCommodity Trader
Primary FocusAssessing and managing risks related to commodity price fluctuationsBuying and selling commodities to profit from price changes
Skills & CertificationsRisk management, financial analysis, certifications like FRM or CFAMarket analysis, negotiation, trading platforms experience
Work EnvironmentFinancial institutions, energy companies, trading firmsTrading floors, commodity markets, brokerage firms

While both roles involve commodities, a Commodity Risk Analyst focuses on identifying and mitigating risks associated with commodity price volatility, often working in risk management departments. In contrast, a Commodity Trader actively engages in buying and selling commodities to generate profit, often working in trading desks or brokerage firms. Understanding these differences helps clarify career paths and employer expectations in the commodity industry.

What does a Commodity Risk Analyst do?

A Commodity Risk Analyst is responsible for identifying, assessing, and managing risks associated with trading and investing in commodities such as oil, gas, metals, or agricultural products. They analyze market trends, price movements, and external factors that could impact commodity prices to help companies make informed decisions. Their work often involves using quantitative models and risk management tools to minimize potential losses and maximize profitability. Additionally, they may provide recommendations for hedging strategies and ensure compliance with relevant regulations.
What are popular job titles related to Commodity Risk Analyst jobs in Illinois? For Commodity Risk Analyst jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Commodity Risk Analyst jobs in Illinois look for? The top searched job categories for Commodity Risk Analyst jobs in Illinois are:
What cities in Illinois are hiring for Commodity Risk Analyst jobs? Cities in Illinois with the most Commodity Risk Analyst job openings:
Infographic showing various Commodity Risk Analyst job openings in Illinois as of June 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, 1% Temporary, and 1% Contract. Highlights an 86% Physical, 10% Hybrid, and 4% Remote job distribution, with an average salary of $85,876 per year, or $41.3 per hour.
Senior Analyst, Portfolio Analytics and Thermal Settlements

Senior Analyst, Portfolio Analytics and Thermal Settlements

Invenergy LLC

Chicago, IL • On-site

$62K - $82K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired today. Applications are no longer accepted.


Invenergy rating

8.6

Company rating: 8.6 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview
The Sr. Analyst, Thermal Settlements and Portfolio Analytics will be reporting to the Manager of Thermal Settlements and Portfolio Analytics. This role is uniquely positioned to leverage the juncture of Thermal Settlements, International Settlements and Risk Management. The role will support efforts to improve settlement and reporting for domestic and international assets. The Sr. Analyst will settle physical and financial energy commodity transactions for assigned thermal electricity generation projects while translating their knowledge of project transactions into relevant risk analyses. The Sr. Analyst will leverage their knowledge and experience to create reports, guide process improvements, and provide input to Risk-related initiatives, both domestic and international.
Responsibilities:
  • Create and maintain Excel templates with validated power generation and price detail for energy customers and hedge counterparties in accordance with contractual provisions.
  • Validate physical and financial transactions through our ETRM with counterparties on assigned thermal projects.
  • Collaborate cross-functionally to improve the data integrity of our ETRM.
  • Identify needs and implement steps to create and maintain reporting and tools visible to decision makers across the relevant company footprint.
  • Identify and/or support process improvement and systems implementation initiatives relating to Settlements, Credit Risk, Market Risk, and Accounting best practices.
  • Build and maintain inventory of international operating project processes with regards to risk management and settlements across all technologies and recommend and implement supporting and validating procedures to assist local teams.
  • Accurately report to FERC, Statistics Canada, and MIRA as regulations require.
  • Prepare ad-hoc forecasts and analyses as needed.

Minimum Qualifications:
  • BA or BS in Economics, Mathematics, or related field.
  • 2-4 years of relevant experience required, energy project settlement experience preferred.
  • Energy industry experience. Understanding of energy commodity markets and regional power/independent system operators. Experience in a trading environment with an ETRM such as Allegro preferred.
  • Excellent analytical, quantitative, and modelling skills with strong attention to detail and a demonstrated ability to develop models in Excel. SQL, Power BI, Copilot, and Databricks skills preferred.

Preferred Qualifications:
  • Ability to work independently, exhibiting strong self-motivational habits, while also being able to coordinate projects across functional teams.
  • Understanding of market risk analytics with gas and power trading activity.
  • Strong communication, negotiation, and interpersonal skills.
  • Ownership of and follow-through on commitments, with a demonstrated ability and desire to continuously improve.
  • Excellent organizational skills and ability to prioritize effectively.
  • Ability and desire to work in a fast-paced, entrepreneurial environment with tight timelines.

Base Pay
$62,000.00 - $82,000.00 USD Annual
Bonus: 15%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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