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Commodity Risk Analyst Jobs in Illinois (NOW HIRING)

Analyze current procurement and contractual situations, identifying opportunities for supplier ... management, and commodity risk management. * Global mindset with experience working in ...

The Group provides access to the world's major commodity markets, covering a broad range of clients ... Adhere to the operational risk framework for your role ensuring that all regulatory or company ...

The Group provides access to the world's major commodity markets, covering a broad range of clients ... Adhere to the operational risk framework for your role ensuring that all regulatory or company ...

Equity Research Analyst

Chicago, IL · On-site

$120K - $140K/yr

... risk management methodologies to provide liquidity to worldwide financial markets and hedging ... commodity producers and users. Now, DV group affiliates include two broker dealers, a ...

... risk management methodologies to provide liquidity to worldwide financial markets and hedging ... commodity producers and users. Now, DV group affiliates include two broker dealers, a ...

Showing results 41-60

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 25, 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 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 July 2026, with employment types broken down into 86% Full Time, 9% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $85,876 per year, or $41.3 per hour.
Sr. SAP MM Analyst P2P & Commodities

Sr. SAP MM Analyst P2P & Commodities

Primient

Schaumburg, IL

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 29 days ago


Job description

Sr. SAP MM Analyst P2P & Commodities | PrimientAbout Primient

Primient is a century old company with an entrepreneurial spirit. We are a leading producer of food and industrial ingredients made from plant-based, renewable sources. We deliver value through deep technical, commercial, and operational excellence that is backed by our long-standing corn wet milling heritage. Wherever we are in the process, from field to customer, our priorities are focused on ensuring we produce the safest, highest quality products through practices that uphold both our responsibility and commitments to the challenge and drive for excellence, our people and our planet. We are a privately held company with locations across the US, Mexico, Poland, and Brazil. We're investing in our plants and people to unlock our potential in the industrial and food sectors. Guided by our values of Safety, Excellence, Integrity, and Growth, we're focused on growing our business, our reputation, and the career of every teammate.

About the Role

The Sr. Analyst, Digital Application Delivery (Sr. SAP MM Analyst P2P & Commodities) plays a pivotal role in driving the design and delivery of integrated technology solutions that meet business needs and enhance operational effectiveness at Primient. Building on deep functional and technical expertise-particularly in SAP and Procure-to-Pay (P2P), and commodity systems-this role leads the analysis, design, and implementation of process improvements and system enhancements across key business domains. The Sr. Analyst serves as a strategic thought partner to the business and a liaison to technical teams, ensuring that business requirements are accurately translated into scalable, value-adding solutions. In addition to hands-on delivery work, this role provides mentorship to analysts, supports cross-functional initiatives, and contributes to the continuous improvement of business analysis practices within ISIT.

Key responsibilities:

  • Lead End-to-End Solution Design: Guide the analysis, design, and implementation of SAP, commodities and procurement-related solutions that align with business strategy, regulatory requirements, and enterprise architecture standards.
  • Translate Business Needs into Scalable Solutions: Partner with functional leaders to identify, document, and prioritize business requirements and translate them into robust technical solutions, ensuring alignment across IT and business domains.
  • Drive Integration Across Business Functions: Ensure seamless integration between SAP P2P processes and adjacent functional areas such as Finance, Order-to-Cash, Quality Management, and Supply Chain.
  • Oversee Requirements Management and Documentation: Lead the creation of detailed functional specifications, configuration documentation, testing protocols, and end-user training materials to ensure quality, consistency, and traceability.
  • Own Solution Configuration Strategy: Direct and oversee system configuration, ensuring compliance, scalability, and performance.
  • Lead and Mentor Analyst Teams: Provide direction, coaching, and subject matter expertise to Business Analysts and cross-functional teams to elevate analysis standards and execution quality.
  • Resolve Complex Issues and Drive Continuous Improvement: Serve as the escalation point for technical or functional issues; champion root cause analysis and develop preventive strategies for recurring issues.
  • Shape Innovation in Procurement & Commodities Technology: Stay current with SAP best practices and emerging procurement technologies; lead the evaluation and implementation of innovative solutions including commodity pricing models, risk management tools, and automation.
  • Partner on Project Delivery and Transformation Initiatives: Collaborate with delivery managers and project leads to ensure business analysis inputs support successful delivery across transformation and system enhancement efforts.
  • Ensure Quality and Compliance: Oversee testing, validation, and change control processes to ensure solution integrity, regulatory compliance, and operational readiness.
  • Develop People and Teams: Provide leadership and mentoring across teams, fostering accountability, collaboration and growth across IT and business-facing teams.
About You

Knowledge

  • SAP Procurement / Procure-to-Pay (P2P) processes and SAP Materials Management (MM) module
  • Integration points between SAP MM and other functional modules (e.g., Finance, Order-to-Cash, Quality Management)
  • SAP S/4HANA and related platforms
  • Commodity procurement systems and pricing models
  • Commodity systems including or similar to Agris and AgTech
  • Business processes across Procurement, Supply Chain, and Finance
  • Standards and methodologies for business analysis, including requirements gathering, testing, documentation, and user training

Skills

  • Clear written and verbal communication with business and technical audiences
  • Translating business requirements into scalable technical solutions
  • Leading business analysis across end-to-end solution delivery lifecycle
  • Analytical thinking
  • Problem solving
  • Configuration skills in SAP MM and P2P
  • Effective stakeholder management across multiple levels of the organization
  • Leading cross-functional teams
  • Prioritization and decision-making in a dynamic environment

Mindsets

  • Hands-on capability with long-range mindset
  • Accountability
  • Continuous improvement
  • Customer-centric
  • Enterprise thinking

Required and Preferred Education/Certification

  • Bachelor's degree in Management Information Systems, Information Technology, Business, Supply Chain, or a related field (required)
  • SAP certification in Materials Management (MM), Procurement, or S/4HANA (preferred)
  • Project Management or Business Analysis certifications (e.g., PMP, CBAP, or PMI-PBA)

Required and Preferred Work Experience

  • 8+ years of business analysis experience in enterprise IT environments (required)
  • 5+ years of hands-on SAP Procurement / P2P or commodities systems configuration and implementation experience (required)
  • Proven leadership of functional workstreams or cross-functional project teams (required)
  • Experience delivering complex business process improvements and ERP solutions (required)
  • Experience with SAP S/4HANA, Incorta, or similar modern ERP/data platforms (preferred)
  • Experience translating business requirements into scalable technical solutions across Procurement and Supply Chain functions (required)
Total RewardsThe annual pay range estimated for this position is $95,931.20 - $119,914.00 and is bonus eligible.

Please note that while this range reflects the full spectrum of compensation available for this role, individual compensation will be determined based on several factors including your experience, skills, and alignment with the role's responsibilities. During the interview process there will be an opportunity to discuss how your background fits into the pay range.

We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • Competitive Pay

  • Multiple Healthcare plan choices

  • Dental and vision insurance

  • A 401(k) plan with company and matching contributions

  • Short- and Long-Term Disability

  • Life, AD&D, and Voluntary Insurance plans

  • Paid holidays & vacation

  • Floating days off

  • Parental leave for new parents

  • Employee resource groups

  • Learning & development programs

  • Fun culture where you have an opportunity in shaping our future

Career Path & Culture

Primient is committed to a workplace that is all in - ensuring everyone has the opportunity to develop and shape a career that matters in an open culture which embraces equity, diversity and belonging. We challenge old ways of thinking; and encourage employee voices to be a guiding force for ongoing learning.

Primient supports a culture of inclusion that respects individual strengths, views, and experiences. We believe our differences make better decisions, drive excellence, and deliver better business results. Primient employees experience autonomy and accountability in their role. Here, employees control their destiny as there is opportunity for career growth and pathways outside the norm.

Diversity, Equity, Inclusion & Belonging

We are believers in the power of difference. We strive to represent the communities in which we operate and to provide an inclusive, welcoming environment for all. We want Primient to be a place where every employee feels they belong and knows they are seen, heard, valued and safe to speak up. Our aspiration is to unlock the full potential in diverse perspectives, while offering everyone an equal chance to grow,

Primient is an equal opportunity employer, committed to the strength of an inclusive workforce.

California Consumer Privacy Act ("CCPA")

The Company is committed to complying with the California Consumer Privacy Act ("CCPA") and all data privacy and laws in the jurisdictions in which it recruits and hires employees. We collect the following categories of personal information for the purpose of hiring the best qualified applicants and to comply with applicable employment laws: Name and contact information; Job preference and work availability; Social Security Number and/or other identification information; Education and qualifications; Employment history and experience; Military service; Reference and background check information, including relevant criminal history and credit history; Social media information; Pre-employment test results; Post-offer medical examination information and results, including drug test results; Voluntary self-disclosure information regarding minority, veteran, and disability status; and Information provided by you during the hiring process.