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

Blommer Chocolate

Senior Director, Cocoa

Chicago, IL · On-site

$260K - $295K/yr

Management and Communication (20%) * Ensure effective commodity procurement functions and processes ... Risk Management & Profitability (30%) * Evaluate market fluctuations based upon data and historical ...

WeatherTech

Director of Purchasing

Bolingbrook, IL · On-site

$175K - $190K/yr

Develop and execute risk management strategies, including supply continuity planning, dual sourcing ... Experience with commodity markets and index-based pricing * Proven leadership ability with ...

DV Trading

Trader

Chicago, IL

$160K/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 ...

Simplex Trading

Volatility Trader

Chicago, IL

You will manage discretionary positions and work closely with our existing market making team to create systematic pricing overlays and improve hedging, risk management, and edge capture. Key ...

DV Trading

Trader

Chicago, IL

$160K/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

Trader

Chicago, IL · On-site

$160K/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

Portfolio Manager

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 ...

Marex

Senior Trading Support Analyst - VN2612

Chicago, IL · On-site

$70K - $125K/yr

The Group provides access to the world's major commodity markets, covering a broad range of clients ... To provide input to risk management processes, as required . The Company may require you to carry ...

Marex

Senior Trading Support Analyst - VN2612

Chicago, IL · On-site

$70K - $125K/yr

The Group provides access to the world's major commodity markets, covering a broad range of clients ... To provide input to risk management processes, as required . The Company may require you to carry ...

Marex

Senior Trading Support Analyst - VN2612

Chicago, IL · On-site

$70K - $125K/yr

The Group provides access to the world's major commodity markets, covering a broad range of clients ... To provide input to risk management processes, as required . The Company may require you to carry ...

Primient

Manager, Chemicals Procurement

Schaumburg, IL · On-site

Deep understanding of global chemical and commodity markets, including price risk management and hedging strategies. * Experience in chemical sourcing, logistics, and compliance with REACH/TSCA and ...

DV Trading

Portfolio Manager

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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Showing results 41-60

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 24, 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
Infographic showing various Commodity Risk Management 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 $108,781 per year, or $52.3 per hour.
Raw Materials Procurement Sr. Buyer - North America

Raw Materials Procurement Sr. Buyer - North America

Ferrero

Chicago, IL • Hybrid

$96K - $128K/yr

Full-time

Medical, Retirement, PTO

Posted 10 days ago

Ferrero rating

7.6

Company rating: 7.6 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

124th of 401 rated food and drinks producers

Job description

About the Role:

We have a current opening for a Raw Materials Procurement Sr. Buyer – North America and are actively reviewing applications.

As the Raw Materials Procurement Sr. Buyer– North America, you will lead sourcing and procurement activities for assigned raw material categories, ensuring continuity of supply while driving value through strategic sourcing, supplier management, cost optimization, quality performance, and risk mitigation.

In this role, you will collaborate closely with global procurement teams, suppliers, manufacturing operations, quality, finance, and other cross-functional stakeholders to execute procurement strategies that align with Ferrero's global sourcing objectives while supporting North American business needs.

This position is hybrid, and will be based in our commercial offices in Chicago, IL.

Main Responsibilities:
Category & Procurement Management
  • Manage assigned raw material categories across North America, ensuring continuity of supply, quality standards, competitive pricing, and reliable delivery performance.
  • Execute and implement global raw material procurement strategies while adapting to regional market requirements and business objectives.
  • Support the development and execution of category strategies that drive cost savings, supply security, and operational efficiency.
  • Manage procurement budgets, cost forecasts, and savings initiatives for assigned categories.
 Strategic Sourcing & Supplier Management
  • Lead sourcing projects and supplier selection activities, including Requests for Information (RFI), Requests for Quotation (RFQ), supplier evaluations, and commercial negotiations.
  • Build and maintain strong relationships with strategic suppliers to support long-term business objectives and continuous improvement initiatives.
  • Monitor supplier performance through key metrics related to quality, service, cost, innovation, and delivery.
  • Partner with suppliers to identify opportunities for value creation, process improvements, and cost optimization.
 Market Intelligence & Risk Management
  • Conduct market and commodity analysis to monitor industry trends, pricing movements, and supply market dynamics.
  • Identify and proactively manage supply, pricing, and market risks through effective risk mitigation strategies.
  • Develop contingency plans to minimize potential supply disruptions and maintain business continuity.
 Cross-Functional Collaboration
  • Collaborate effectively within a global matrix organization, partnering with Procurement, Supply Chain, Manufacturing, Quality, Finance, and other key stakeholders.
  • Influence and align local and global stakeholders to support strategic procurement initiatives and business priorities.
  • Ensure procurement activities comply with company policies, governance standards, and procurement best practices.
 Systems & Reporting
  • Leverage SAP and other procurement systems to support purchasing activities, reporting, supplier management, and category performance tracking.
  • Utilize data and analytics tools to support decision-making and identify opportunities for continuous improvement.
About You:
Required Qualifications
  • Bachelor's degree in Supply Chain, Procurement, Business, Finance, Engineering, or a related field.
  • 2–5 years of experience in procurement, strategic sourcing, category management, or purchasing.
  • Experience working within a matrix or global organization.
  • Knowledge of raw material markets and sourcing best practices.
  • Strong analytical, problem-solving, and decision-making skills.
  • Excellent communication, stakeholder management, and interpersonal skills.
  • Demonstrated ability to influence cross-functional teams and drive results.
  • Advanced proficiency in Microsoft Excel and PowerPoint.
  • Experience working with SAP or similar ERP systems.
 Preferred Qualifications
  • Experience sourcing raw materials within the food, consumer packaged goods (CPG), manufacturing, agricultural, chemical, or related industries.
  • Experience conducting supplier negotiations and managing commercial agreements.
  • Knowledge of commodity markets, procurement risk management, and supplier performance management.

Artificial Intelligence Disclosure
As part of our recruitment process, Ferrero may use artificial intelligence (AI) enabled tools to assist with reviewing candidate applications. These tools are used solely to support recruiters by summarizing application information and identifying potential alignment with job requirements. AI does not independently screen out or select candidates, and it does not replace human judgment. Final decisions regarding candidate progression are always made by Ferrero recruiters and hiring managers.

What We Offer:

Careers with caring built in - discover our benefits here.

The base salary range for this position is $96,708.00 - $128,944.00 annually. Actual compensation will be determined based on experience, qualifications, and other job-related factors permitted by law. This range represents the anticipated salary for this position at this time.

In addition to base salary, we offer a comprehensive benefits package, including health insurance, retirement plans, paid time off, and other benefits.

About Ferrero:

Ferrero began its journey in the small town of Alba in Piedmont, Italy, in 1946. Today, it is one of the world’s largest sweet-packaged food companies, with many iconic brands sold in countries all over the world. Find out more about Ferrero at ferrero.com.

DE&I at Ferrero:

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative, and highly rewarding.
Find out more here.

Ferrero is an equal opportunity employer and complies with all applicable human rights laws. Ferrero will recruit, hire, train, and promote all persons without regard to race, creed, color, sex (including pregnancy, gender, sexual orientation, and gender identity), religion, national origin or ancestry, age, disability, or history of disability (except where physical or mental abilities are a bona fide occupational requirement and the individual is not able to perform the essential functions of the position even with reasonable accommodations), citizenship, or any other protected characteristic. 


Ferrero will accommodate the needs of applicants with disabilities throughout all stages of the selection process. If you need accommodation during the recruitment process, please advise the People & Organization (HR) Representative. Information relating to the need for accommodation and accommodation measures will be addressed confidentially.

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