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

Sr Analyst, Pricing

Chicago, IL · Hybrid

$82K - $92K/yr

About the Position As a Senior Pricing Analyst for FM & Cocoa, you will play a critical role in ... delivery, and risk management in a highly dynamic cocoa and commodity environment. Job ...

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 24, 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 July 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.

Lead Sourcing Specialist - Commodity Management

Gehc

Chicago, IL

$100K - $151K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago


Job description

Job Description SummaryAs a Lead Sourcing Specialist - Commodity Management, you will lead supplier negotiations, develop sourcing strategies, and manage supplier performance to ensure optimal contractual terms and the highest standards of quality, compliance, and cost-efficiency. Leveraging your expertise in sourcing best practices, market dynamics, and cross-functional collaboration, you will deliver value and elevate performance across the supply base while ensuring internal stakeholder satisfaction.Job Description

Key Responsibilities

  • Category Strategy: Define and implement sourcing strategies for critical components used in medical device manufacturing. with a strong focus on supplier differentiation and competitive positioning within each category. Maintain a deep understanding of the competitive landscape and the rationale behind supplier selection, including capabilities, innovation, cost structure, and regulatory compliance. Utilizes in-depth knowledge of a discipline (Computers) and analytical thinking to execute policy/strategy.
  • Cost and Supplier Management: Drive annual cost negotiations across all GE HealthCare segments, securing optimal terms while balancing quality, risk, and long-term value. Lead supplier reviews, including technology and business performance assessments, to ensure alignment with strategic goals.
  • Contract & Risk Management: Negotiate and manage supplier contracts with a focus on quality, regulatory compliance (e.g., FDA, ISO 13485), and risk mitigation. Support escalations related to supplier performance issues and compliance with internal procurement policies.
  • Cross-Functional Collaboration: Partner with Sourcing, Engineering, Quality, and other internal teams to align sourcing strategies with business needs.
  • Data-Driven Decision Making: Conduct data analysis to support sourcing decisions, identify cost-saving opportunities, and monitor supplier performance.
  • Project Leadership: Lead or support sourcing-related projects with moderate complexity, ensuring timely delivery and alignment with business goals.
  • Mentorship & Knowledge Sharing: Act as a resource for less experienced team members, sharing expertise and supporting skill development

Jobs at this level function with some autonomy but are subject to functional practices and precedents or are covered by well-defined policies or review of end results. The job allows modification of procedures and practices covering work as long as the end results meet standards of acceptability (quality, volume, timeliness etc.).

Required Qualifications

  • Bachelor's degree in Business, Engineering, or Supply Chain (or high school diploma/GED with 6+ years of relevant experience).
  • Minimum 5 years of experience in Sourcing, Procurement, or Commodity Management, experience with medical device manufacturing (FDA, ISO13485) or technology manufacturing industry preferred.
  • Strong negotiation and contract management skills.
  • Proficiency in Power BI and Microsoft Excel.
  • Project management experience, especially in regulated industries.

Desired Characteristics

  • Experience in a global team environment.
  • Advanced negotiation and contract strategy skills.
  • Experience working with OEM/ODM suppliers, with demonstrated understanding of product planning and technology roadmaps. Proven success in category/commodity strategy development.
  • Strong analytical and problem-solving abilities.
  • Demonstrated ability to plan, document, and execute sourcing programs effectively.
  • Advanced proficiency with data analytics tools such as Power BI.
We will not sponsor individuals for employment visas, now or in the future, for this job opening. For U.S. based positions only, the pay range for this position is $100,800.00-$151,200.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.Additional Information

GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is anEqual Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.

Relocation Assistance Provided: No