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Commodity Risk Associate Jobs in Utah (NOW HIRING)

Commodity Risk Associate information

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

AspectCommodity Risk AssociateCommodity Trader
Primary RoleAssessing and managing risk exposure related to commoditiesBuying and selling commodities to generate profit
Skills & CertificationsRisk management, analytics, certifications like FRM or CFAMarket analysis, trading strategies, financial acumen
Work EnvironmentCorporate risk departments, energy, agriculture, metals sectorsTrading floors, financial firms, commodity exchanges

While both roles involve commodities, a Commodity Risk Associate focuses on identifying and mitigating risks associated with commodity price fluctuations, often within a company's risk management team. In contrast, a Commodity Trader actively engages in buying and selling commodities to profit from market movements. The roles differ in their primary objectives but share skills in market analysis and industry knowledge.

What are popular job titles related to Commodity Risk Associate jobs in Utah? For Commodity Risk Associate jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Commodity Risk Associate jobs in Utah look for? The top searched job categories for Commodity Risk Associate jobs in Utah are:
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Supply Chain Procurement Specialist 1 OR 2

Supply Chain Procurement Specialist 1 OR 2

Northrop Grumman Corporation

Clearfield, UT • Hybrid

Full-time

Medical, Life, PTO

Posted 20 days ago


Northrop Grumman rating

8.1

Company rating: 8.1 out of 10

Based on 353 frontline employees who took The Breakroom Quiz

108th of 528 rated manufacturers


Job description

RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE REQUIRED FOR START: NoCLEARANCE TYPE: SecretTRAVEL: Yes, 10% of the TimeDescriptionAt Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Northrop Grumman Aeronautics Systems has an opening for a Supply Chain Procurement Specialist Level 1 or 2 to join our team of qualified, diverse individuals. This position will be located in Clearfield, UT.

Essential Functions:

  • Sources and procures goods and services of a commodity nature from many suppliers

  • Initiates Requests for Quotations and Proposals and receives same, analyzing proposed pricing from potential suppliers

  • In conjunction with quality organization, evaluates and monitors supplier quality and reliability, as well as supplier ability to support required delivery schedules

  • Works with internal customers to ensure specifications are appropriate for the services or products required

  • Identifies opportunities to reduce cost, improve efficiency and manage risk through targeted negotiations

  • Issues purchase orders

  • Manages performance of purchase orders, ensures compliance with all public law requirements as well as company (and business) policies and procedures including import/export regulations

  • Employs sound business practices and assesses supplier performance as part of follow-up activities

  • Ensures that appropriate documentation is provided to logistics/transportation & warehouse organization so that proper receipt is recorded

  • Reviews and approves supplier payment as needed

  • Utilizes process tools such as Lean Six Sigma with suppliers to drive quality, efficiency and continuous improvement

This role may be eligible for Hybrid work environment in Clearfield, UT for well qualified candidates. Employees who are working in Hybrid roles will work regularly both onsite and offsite.

Position Description:

Sources and procures goods and services of a commodity nature from many suppliers. Initiates Requests for Quotations and Proposals and receives same, analyzing proposed pricing from potential suppliers. In conjunction with quality organization, evaluates and monitors supplier quality and reliability, as well as supplier ability to support required delivery schedules. Works with internal customers to ensure specifications are appropriate for the services or products required. Identifies opportunities to reduce cost, improve efficiency and manage risk through targeted negotiations. Issues purchase orders. Manages performance of purchase orders, ensures compliance with all public law requirements as well as company (and business) policies and procedures including import/export regulations. Employs sound business practices and assesses supplier performance as part of follow-up activities. Ensures that appropriate documentation is provided to logistics/transportation & warehouse organization so that proper receipt is recorded. Reviews and approves supplier payment as needed. Utilizes process tools such as Lean Six Sigma with suppliers to drive quality, efficiency and continuous improvement.

This role may be filled at a Level 1 or Level 2 based at the qualifications outlined below.

Basic Qualifications:

Associate Supply Chain Procurement Specialist (Level 1)

  • Bachelor's Degree; or High School Diploma and a minimum of 4 years of experience in supply chain, procurement, purchasing, and/or supplier management
  • Experience with Excel, and reporting
  • Ability to Obtain and maintain a U.S Government Secret level Clearance within a reasonable period of time, as determined by the company to meet it's business needs (after starting).

Supply Chain Procurement Specialist (Level 2)

  • Bachelor's Degree with a minimum of 2 years of experience; or a Master's Degree; or a High School Diploma and a minimum of 6 years of experience in supply chain, procurement, purchasing, and/or supplier management
  • Experience with Excel, and reporting
  • Ability to Obtain and maintain a U.S Government Secret level Clearance within a reasonable period of time, as determined by the company to meet it's business needs (after starting).

Preferred Qualifications:

  • Experience or familiarity with purchasing services
  • Experience in SAP, MRP
  • Active U.S Government Secret Clearance
Primary Level Salary Range: $49,400.00 - $74,200.00Secondary Level Salary Range: $59,600.00 - $89,400.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

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About Northrop Grumman

Sourced by ZipRecruiter

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible.

Industry

Space research administration

Company size

10,000+ Employees

Headquarters location

Falls Church, VA, US

Year founded

1939