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Commodity Risk Analyst Jobs in Chicago, IL (NOW HIRING)

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 ...

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 ...

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Showing results 1-20

Commodity Risk Analyst information

See Chicago, IL salary details

$60.8K

$91.3K

$154.5K

How much do commodity risk analyst jobs pay per year?

As of Jul 3, 2026, the average yearly pay for commodity risk analyst in Chicago, IL is $91,293.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,600.00 and $105,600.00 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 Chicago, IL? For Commodity Risk Analyst jobs in Chicago, IL, the most frequently searched job titles are:
Infographic showing various Commodity Risk Analyst job openings in Chicago, IL as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $91,293 per year, or $43.9 per hour.
Senior Analyst - BCG Vantage, Metals & Mining

Senior Analyst - BCG Vantage, Metals & Mining

The Boston Consulting Group

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago


Boston Consulting Group rating

9.4

Company rating: 9.4 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

2nd of 58 rated business consultants


Job description

Who We Are
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.
To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures-and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.
What You'll Do
As a Senior Analyst (SA) within BCG's Industrial Goods Practice Area you will work in a growing global team, providing metals & mining expertise and insights whilst working together with case and proposal teams to provide knowledge assets, analysis and expert advisory. You'll serve as a thought partner and content expert to case teams and topic/sector leaders, helping structure and solve complex issues.
Additionally, you will support the broader Metals & Mining sector in developing existing & new intellectual property and knowledge assets. You will work on commercialization efforts for the topic/sector, in conjunction with business leaders, supporting marketing efforts, conferences and publications. As a Senior Analyst you will assist with on-boarding, training and guiding junior colleagues and share best practices within the team.
We partner with Industrial Goods clients in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. This role has a focus specifically on the Mining Industry. Our customized approach combines deep insight into the dynamics of companies and markets with close collaboration at all levels of the client organization. This ensures that our clients achieve sustainable competitive advantage, build more capable organizations, and secure lasting results.
YOU'RE GOOD AT
  • Solving client problems through formulating relevant research and/or analytical approaches in metals & mining space
  • Codifying knowledge and maintaining assets and tools for the metals & mining sector based on different client contexts
  • Deep understanding of commodity market fundamentals (supply-demand dynamics, pricing mechanisms, cost curves, trade flows) and the ability to translate these into strategic implications for mining entities
  • Strong experience in mining, mine operations, or mine economics, including production planning, cost structures (OPEX/CAPEX), capital allocation, and key operational and economic value drivers
  • Experience working with external databases and market intelligence platforms such as Bloomberg, Reuters, S&P Global, Wood Mackenzie (or similar industry databases)
  • Communicating with senior stakeholders, in a credible and confident way
  • Working collaboratively and effectively in a group dynamic often virtual, proficient in agile ways of working
  • Flexibility and bringing a curious and creative mindset, open to new things and able to propose innovative ideas
  • Ability to navigate complexity and ambiguity

What You'll Bring
  • 3-4+ years of consulting experience in relevant metals & mining space required; candidates with consulting experience preferred
  • In lieu of consulting experience, 2+ years minimum industry experience required; 3-6+ years of industry experience strongly preferred
  • High proficiency in Excel, including complex modelling and data analysis
  • Bachelor's Degree required (advanced degree preferred)
  • Fluency in English;
  • Outstanding interpersonal and communication skills to interact with internal and external stakeholder while working in a global collaborative team environment

Who You'll Work With
As a Senior Analyst, you will collaborate with global topic leads and colleagues across BCG to bring expertise and capabilities to the service of our internal and external clients. Our team is made up of a diverse pool of Vantage positions that allow us to pursue exciting, innovative knowledge careers.
Additional info
BCG Vantage is a powerhouse of expertise, seamlessly embedded within Practice Areas and markets to drive extraordinary impact. It equips BCG case teams and clients with cutting-edge expertise, proprietary assets, actionable data, and transformative insights that empower our case teams and enable our clients to achieve their aspirations.
With global experts across 20 Practices, covering more than 100 topics, sectors and offers, plus four focused geographic markets, BCG Vantage delivers unparalleled depth and breadth of insight & expertise.
BCG Vantage consists of three career paths, each playing a crucial role in delivering value to clients, case teams and practice teams.
  • Client Focus (Embedded Expertise)
    • Integrates into client-facing teams to deliver direct client impact through expertise, know-how, and proprietary tools and assets
  • Topic Activation (Sector Expertise with Proprietary Tool & Data Solutions)
    • Combines deep domain insights with our know-how and proprietary assets to address targeted challenges directly with clients and project teams; co-creates insights on industry trends and functional topics, proprietary data and tools, and teams to codify IP that all enables BCG to deliver excellent business value with its clients
  • Research (Practice Topic and Sector-Aligned Research and Insights)
    • Delivers actionable research and insights tailored to the client project's needs; works with qualitative and quantitative data, conducts research and provides synthesized results from sources including commercial data, public and open source, company and industry research, macro-economic, commodities and trade data

*** For US locations only ***
In the US, we have a compensation transparency approach.
Total compensation for this role includes base salary, annual discretionary performance bonus, retirement contribution, and a market leading benefits package described below.
• The base salary range for this role in Chicago is $100,500-$108,500
This is an estimated range, however, specific base salaries within the range depend on various factors such as experience and skill set. It is not common for new BCG employees to be hired at the high-end of the salary range. BCG regularly reviews its ranges to ensure market competitiveness.
In addition to your base salary, your total compensation will include a bonus of up to 16% and a generous retirement contribution that starts at 5% and moves to 10% after 2 years.
  • All of our plans provide best in class coverage:
  • Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
  • Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
  • Dental coverage, including up to $5,000 in orthodontia benefits
  • Vision insurance with coverage for both glasses and contact lenses annually
  • Reimbursement for gym memberships and other fitness activities
  • Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
  • Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
  • Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month)
  • Paid sick time on an as needed basis

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E - Verify Employer. Click here for more information on E-Verify.

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