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

DV Trading

Relative Value Trader

Chicago, IL

$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 ...

DV Trading

Relative Value Trader

Chicago, IL · 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 ...

DV Trading

Relative Value Trader

Chicago, IL

$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 ...

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All JobsCommodity Risk Management JobsCommodity Risk Management Jobs in Chicago, IL

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 Jul 3, 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 job?

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 the Commodity Risk Management position, and why are they important?

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:
Commodity Risk Management jobs near you
Director, Fuel Sourcing

Director, Fuel Sourcing

Scale Microgrid Solutions

Chicago, IL

Full-time

Posted 18 days ago

Job description

The Role:

This role owns the full lifecycle natural gas and liquid fuels sourcing strategy for power generation assets under development. For gas-fired generation, fuel reliability determines revenue certainty, and this role ensures projects are not only financed and built, but fuel-secure, market-aligned, and operationally resilient across multiple U.S. regions.

As a senior individual contributor with strategic oversight responsibility, you will be responsible for securing reliable, cost-effective fuel supply while managing commodity risk, pipeline capacity constraints, operational reliability exposure, and contractual risk. Supporting both development-stage projects and operating assets, you will ensure fuel certainty aligns with construction timelines, electricity market participation strategy, and financial objectives.

You will report to our Chief Development Officer, Data Centers, and will be based in either our West Palm Beach, Chicago, or New York City offices.

Key responsibilities will include:

Fuel Strategy & Market Intelligence

  • Develop and execute a comprehensive natural gas and liquid fuels procurement strategy aligned with project development schedules and operational reliability requirements.
  • Curate real-time and forward market intelligence to identify regions with available pipeline capacity, areas with excess marketer supply, and structural pricing advantages.
  • Inform site selection decisions based on pipeline constraints, receipt point optionality, and long-term gas deliverability.

Commercial Structuring & Contracting

  • Lead negotiation of natural gas supply agreements, fuel offtake agreements, transportation and capacity release agreements, and firm and interruptible pipeline capacity contracts.
  • Structure gas procurement strategies, including fixed versus indexed supply, hedging strategies, basis risk management, and park and loan arrangements.
  • Manage relationships with gas producers, marketers, and suppliers.
  • Develop commercial structures to mitigate development-stage and operational fuel risk.

Pipeline & Infrastructure Relationships

  • Build and maintain relationships with interstate and intrastate pipeline operators.
  • Maintain strong working relationships across major gas marketers and trading desks.
  • Engage pipeline companies early during project development to assess expansion feasibility or capacity constraints.
  • Monitor FERC filings and pipeline tariff changes that affect procurement strategy.

Cross-Functional Integration

  • Partner with Development to align fuel strategy with interconnection and siting decisions.
  • Coordinate with Finance to model fuel cost assumptions and risk scenarios.
  • Support Engineering in defining gas interconnection requirements and pressure specifications.
  • Provide executive-level reporting on fuel exposure and procurement strategy.

Work Environment

  • Active coordination with pipelines, marketers, plant operators, and ISO participants.
  • Requires availability during peak events or emergency operating conditions.
The Ideal Candidate:
  • Bachelor’s degree in Engineering, Energy Systems, Finance, Economics, or related field.
  • 10+ years of experience in natural gas procurement at a utility, IPP, energy marketer, or pipeline company.
  • Direct experience drafting and negotiating natural gas supply, fuel offtake, and transportation agreements.
  • Strong working relationships with gas marketers and interstate pipeline companies.
  • Direct experience supporting generation during real-time operations, including gas scheduling, pipeline coordination, marketer coordination, and operational flow order management.
  • Advanced Excel and analytical capabilities.
  • Strong commercial judgment and risk evaluation skills.
  • Excellent communication skills with the ability to operate across development, engineering, finance, and operations teams.

 

Preferred

  • Advanced degree in petroleum engineering, chemical engineering, mechanical engineering, energy systems, finance, economics, business administration, or energy management.
  • Experience supporting large-scale gas-fired generation paired with data center loads.
  • Familiarity with FERC-regulated pipeline tariffs.
  • Experience managing fuel exposure in extreme weather events.
  • Experience with structured hedging and financial gas instruments.

 

Leadership Competencies

  • High ownership mindset.
  • Strong commercial negotiator.
  • Calm under operational pressure.
  • Deep understanding of physical gas markets.
  • Ability to balance long-term strategy with real-time operational demands.
  • Strategic thinker who understands how fuel reliability impacts project finance and electricity market performance.
This is a great opportunity to have a long-term impact on a fast-paced, private equity-backed growth business. Some of the core virtues embraced by Scales’ employees include:
·       Do the Right Thing
·       Act Like an Owner
·       Hustle
·       Demand Results
·       Go Together
·       Evolve or Disappear
 
We offer a competitive compensation package and a comprehensive benefits program including medical benefits, paid vacation and holidays, and 401K matching.
 

About Scale Microgrids
Scale is redefining resilience, with advanced microgrids that go beyond traditional backup power solutions to give businesses the power to adapt and thrive amid all of today’s growing energy challenges. As a vertically-integrated provider of turnkey advanced microgrid systems, Scale combines project design, engineering, and execution expertise with microgrid-as-a-service financing to offer our customers systems that are optimized to deliver maximum value from day one while ensuring ultra-reliable operations and fast time-to-power.
 
Scale is backed by EQT, a firm with ~$250B in assets, bringing a depth of experience, resources, and capital that will enable Scale to continue pursuing our vision of powering the world with distributed energy. The investment enables Scale to own and operate billions of dollars in distributed generation assets.  To learn more about Scale Microgrids, please visit https://www.scalemicrogrids.com.
 

About EQT
EQT is a leading purpose-driven global investment organization with EUR 246 billion in total assets under management, divided into two business segments: Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia Pacific, and the Americas and supports them in achieving sustainable growth, operational excellence, and market leadership. To learn more about EQT, please visit https://eqtgroup.com.
 

Scale strives to attract and retain a workforce that reflects the composition of our customer base and communities. We are committed to providing a work environment that provides everyone with equal access and opportunity to contribute and drive meaningful outcomes.  We encourage applicants from all backgrounds to apply and will consider qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.