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

Relative Value Trader

Chicago, IL

$200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Relative Value Trader

Chicago, IL ยท On-site

$200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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

Relative Value Trader

Chicago, IL ยท On-site

$200K/yr

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

Showing results 21-40

Commodity Risk Management information

See Chicago, IL salary details

$57.2K

$108.8K

$411.5K

How much do commodity risk management jobs pay per year?

As of Aug 13, 2026, the average yearly pay for commodity risk management in Chicago, IL is $108,781.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,300.00 and $87,600.00 per year, depending on experience, location, and employer.

What is a commodity risk management?

A Commodity Risk Management job involves identifying, analyzing, and mitigating risks related to price volatility in commodities like oil, gas, metals, and agricultural products. Professionals in this field develop strategies using financial instruments like futures, options, and swaps to hedge price fluctuations. They work closely with traders, analysts, and finance teams to ensure companies can manage costs and protect profitability. Their role requires a strong understanding of market dynamics, risk assessment, and regulatory compliance.

What are the key skills and qualifications needed to thrive in commodity risk management?

To thrive in Commodity Risk Management, you need strong analytical skills, a solid understanding of financial markets, commodities trading, and quantitative risk assessment, often supported by a relevant degree such as finance, economics, or mathematics. Familiarity with risk management software, trading platforms, Excel, and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, decision-making skills, and the ability to work well under pressure make candidates stand out. These competencies are crucial for accurately assessing market risks, making informed recommendations, and protecting organizational interests in a dynamic market environment.

What are some of the main challenges faced by professionals in commodity risk management?

Professionals in Commodity Risk Management often face challenges such as rapidly changing market conditions, geopolitical events affecting commodity prices, and the need to interpret large volumes of complex data. Navigating price volatility requires staying updated on global trends and making quick, informed decisions to mitigate potential losses. Additionally, effective collaboration with trading, procurement, and finance teams is essential to align risk strategies with broader business goals. Despite these challenges, the role offers a dynamic work environment and opportunities to develop valuable expertise in a highly specialized field.

What are the most commonly searched types of Commodity Risk Management jobs in Chicago, IL? The most popular types of Commodity Risk Management jobs in Chicago, IL are:
What are popular job titles related to Commodity Risk Management jobs in Chicago, IL? For Commodity Risk Management jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Commodity Risk Management jobs in Chicago, IL look for? The top searched job categories for Commodity Risk Management jobs in Chicago, IL are:
Infographic showing various Commodity Risk Management job openings in Chicago, IL as of August 2026, with employment types broken down into 100% Full Time. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $108,781 per year, or $52.3 per hour.

Global Commodity Manager - Forgings & Machining

PROENERGY

Chicago, IL โ€ข On-site

$100 - $130/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Position: Global Commodity Manager โ€“ Forgings & Machining

Location: Greenville, SC, 29615 ; Houston, TX, 77041 ; Kansas City, KS, 66211 ; Sedalia, MO, 65301, Remote United States

Job Id: 2358

# of Openings: 1

Global Commodity Manager โ€“ Forgings & Machining About PROENERGY

PROENERGY is an engineering, R&D, and manufacturing powerhouse. The company addresses every need for fast-start power generation: turbine and package manufacturing, turnkey project execution, power purchase agreements, and asset lifecycle care for turbines and plants. Where others see impossible energy challenges, PROENERGY provides innovative aeroderivative solutions.

Our Footprint

PROENERGY delivers fast-start, dispatchable power solutions from worldwide centers for aeroderivative excellence. We are investing more than $1 billion through 2028 in infrastructure to serve our customers.

In Sedalia, Missouri, our 600,000 sq ft Center for Excellence in Manufacturingโ€”a world-class investment in fast-start power and the only campus of its kind in the worldโ€”is growing by 40 percent.

In Houston, Texas, our 500,000 sq ft Center for Excellence in Lifecycle Care features a Level-IV depot and aero repair facility, which executes comprehensive services for aeroderivative engines under one roof.

In Kansas City, we have an office with an Engineering team that supports our sought-after solutions for turnkey projects and contracted power.

And our worldwide service centers ensure local service expertise near our customers. Our expanding service footprint includes Phoenix, Buenos Aires, New Brunswick, and additional locations in Europe, Australia, and Southeast Asia.

Our Philosophy

We take care of our people and strive to make a positive difference for the world. We offer competitive pay, excellent benefits that include Medical, Dental, Vision, and Life/Disability Insurance at minimal cost to the employee, 10 paid holidays, paid time off, and a 401K plan. If you are looking for a rewarding career and possess specialized knowledge and quality-oriented problemโ€‘solving skills, we encourage you to apply today.

Position Summary

The Global Commodity Manager โ€“ Forging & Machining leads the sourcing strategy for critical forged and machined components, including rotors, shafts, disks, spools, airfoils, and pipe & tube. This role is accountable for delivering excellence across Quality, Delivery, and Cost, enabled through the development and management of a global supplier networkโ€”building new partnerships while strengthening existing onesโ€”ensuring successful NPI execution and a resilient, highโ€‘performing supply base. The role embodies PROENERGYโ€™s commitment to โ€œDo the Right Thingโ€ by driving integrity, accountability, and trust across all supplier engagements.

Reports To: VP Sourcing

Work Location: 300 Executive Center Dr, Suite 101, Greenville SC, 29615 ; 6401 North Eldridge Pkwy, Houston, TX 77041 ; 11141 Overbrook Rd #202, Leawood, KS 66211 ; 2001 Proenergy Blvd, Sedalia, MO 65301 or Remote United States

Position Responsibilities
  • Build, scale, and maintain a global network of strategic suppliers.
  • Serve as the executive interface with key supplier partners, driving alignment to PROENERGY priorities.
  • Establish strong partnerships that enable performance across Quality, Delivery, and Cost.
  • Lead supplier governance, segmentation, and performance reviews.
  • Identify and onboard new suppliers to support growth, NPI, and risk mitigation
Quality
  • Drive a zeroโ€‘defect mindset across suppliers supporting critical turbine components.
  • Partner closely with SDQE, who lead supplier qualification, validation, and QMS execution.
  • Enable SDQE performance by leveraging strong supplier relationships to ensure alignment, responsiveness, and accountability.
  • Serve as the escalation point for supplier quality issues, driving rapid resolution through influence and commercial leverage.
  • Support NPI readiness by ensuring supplier engagement and commitment to robust APQP/PPAP/FAI execution.
Delivery & Supply Assurance
  • Ensure onโ€‘time delivery and supply continuity
  • Partner with Commodity Buyers, who manage daily execution.
  • Enable Buyer success by driving supplier capacity alignment and responsiveness.
  • Serve as the escalation point for delivery risks, resolving disruptions quickly while upholding commitments to customers.
  • Mitigate risks related to fabrication complexity, machining lead times, large structure handling constraints, and singleโ€‘source dependencies.
  • Drive and support NPI rampโ€‘up to meet business objectives.
Cost & Commercial Management
  • Deliver cost savings through strategic sourcing and supplier productivity.
  • Lead negotiations, contracts, and longโ€‘term agreements with integrity and transparency.
  • Optimize total cost of ownership while protecting quality and delivery.
  • Leverage supplier partnerships to drive cost competitiveness and value engineering.
Required Qualifications
  • Bachelorโ€™s degree in Engineering, Supply Chain, or related field
  • 7+ years in global sourcing or commodity management
  • Strong experience in fabricated structures, machining, mechanical systems, or bearings
  • Deep technical understanding of manufacturing processes, materials, and supply chain constraints for structural components
  • Proven leadership in supplier performance, NPI, and strategic negotiations
  • Must be fluent in English, with strong speaking, reading, writing, and comprehension skills
  • US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a workโ€‘authorized visa.
  • Candidate must also pass a State and Federal criminal history/security background check and preโ€‘employment drug screen.

It is PROENERGYโ€™s policy to provide equal opportunity in employment to all its employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, national origin, marital status, ancestry, medical condition, military status, or any other characteristic protected by State or Federal law.

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