1

Commodity Risk Manager Jobs in Illinois (NOW HIRING)

Commodity Manager - Direct

Morton, IL · On-site

$105K - $148K/yr

The Commodity Manager - Direct, manages sourcing strategy and execution for direct material ... Monitor supply market changes impacting material availability, cost, and risk * Support Pursuit ...

Strong balance of strategic and operational capabilities, including global sourcing, supplier management, and commodity risk management. * Global mindset with experience working in international and ...

Commodity Manager - Direct

Chicago, IL · On-site

$105K - $148K/yr

The Commodity Manager - Direct, manages sourcing strategy and execution for direct material ... Monitor supply market changes impacting material availability, cost, and risk * Support Pursuit ...

Tax, Commodity Risk. * Report incidents and manage risk on a root cause analysis-basis, where required for operations on your bench. * Support the delivery of trading strategy through technical input ...

Tax, Commodity Risk. * Report incidents and manage risk on a root cause analysis-basis, where required for operations on your bench. * Support the delivery of trading strategy through technical input ...

next page

Showing results 1-20

Commodity Risk Manager information

See Illinois salary details

$35.4K

$95K

$155K

How much do commodity risk manager jobs pay per year?

As of Jun 10, 2026, the average yearly pay for commodity risk manager in Illinois is $95,004.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,500.00 and $110,500.00 per year, depending on experience, location, and employer.

How does a Commodity Risk Manager typically collaborate with other departments within an organization?

A Commodity Risk Manager works closely with departments such as procurement, finance, supply chain, and trading to identify and mitigate risks associated with commodity price fluctuations. They often coordinate with procurement teams to develop hedging strategies and ensure contracts align with risk tolerance, as well as with finance to analyze market trends and forecast potential exposures. Regular communication and cross-functional meetings are common to align strategies and maintain a holistic view of the organization's commodity risk profile.

What does a Commodity Risk Manager do?

A Commodity Risk Manager is responsible for identifying, assessing, and managing risks associated with the trading, purchasing, or production of commodities such as oil, gas, metals, or agricultural products. They analyze market trends, develop risk mitigation strategies, and use financial instruments like hedging to protect the company from price volatility. Their role often involves collaborating with traders, analysts, and senior management to ensure that the organization’s commodity exposure aligns with its overall risk appetite and business objectives.

What are the key skills and qualifications needed to thrive as a Commodity Risk Manager, and why are they important?

To thrive as a Commodity Risk Manager, you need a solid understanding of financial markets, risk assessment, and commodity trading, typically backed by a degree in finance, economics, or a related field. Familiarity with risk management software, trading platforms, and certifications such as FRM (Financial Risk Manager) are highly valuable. Strong analytical thinking, attention to detail, and effective communication skills help you make informed decisions and clearly convey risk assessments. These competencies are crucial for managing exposure, optimizing trading strategies, and safeguarding organizational profitability in volatile commodity markets.

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

AspectCommodity Risk ManagerCommodity Trader
CredentialsRisk management certifications, finance or economics degreesTrading licenses, finance or economics degrees
Work EnvironmentCorporate risk departments, energy, agriculture, or metals companiesTrading floors, financial institutions, commodity firms
Industry UsageFocus on risk mitigation and hedging strategiesFocus on buying and selling commodities for profit

While both roles involve commodities, the Commodity Risk Manager primarily focuses on managing and mitigating risks associated with commodity price fluctuations, whereas the Commodity Trader actively engages in buying and selling commodities to generate profit. The roles often overlap in industry and credentials but differ in their core objectives and daily activities.

What are the most commonly searched types of Commodity Risk jobs in Illinois? The most popular types of Commodity Risk jobs in Illinois are:
What are popular job titles related to Commodity Risk Manager jobs in Illinois? For Commodity Risk Manager jobs in Illinois, the most frequently searched job titles are:
What cities in Illinois are hiring for Commodity Risk Manager jobs? Cities in Illinois with the most Commodity Risk Manager job openings:
Infographic showing various Commodity Risk Manager job openings in Illinois as of June 2026, with employment types broken down into 100% Full Time. Highlights an 91% In-person, and 9% Remote job distribution, with an average salary of $95,004 per year, or $45.7 per hour.

Commodity Manager - Direct

Pursuit Aerospace

Morton, IL • On-site

$105K - $148K/yr

Full-time

Medical, Retirement, PTO

Posted 26 days ago


Pursuit Aerospace rating

7.7

Company rating: 7.7 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

189th of 417 rated machine equipment manufacturers


Job description

About Us:

As a global manufacturer of complex aircraft engine components, Pursuit Aerospace is founded on a commitment to relentless, continuous, operational improvement and extraordinary customer service. We pride ourselves on competitive cost structure, exceptional on-time delivery, and industry-leading quality.

The Pursuit family of companies has cultivated long-term relationships with our customers around the world through respect, teamwork, technology, and trust. We are driven to develop industry leading process innovations and manufacturing techniques on behalf of our customers. Our exceptional quality is driven by a deep investment in and the daily practice of continually improving our people, processes, and products.

About the Opportunity:

The Commodity Manager – Direct, manages sourcing strategy and execution for direct material categories, including enterprise-wide RFPs, supplier negotiations, and contract development. The position drives cross-site spend consolidation to maximize supplier leverage and establish long-term agreements for centralized direct categories. In addition, the role leads supplier relationship management, partners with site teams on multi-site or critical supplier escalations, and oversees supplier performance tracking to support cost, quality, and continuity objectives.

Location: This position may be based in a hybrid capacity at any of our U.S. locations. Please note that standard working hours will follow Eastern Standard time.

Responsibilities:

  • Support category strategy development and lead sourcing events, for direct materials
  • Manage supplier communications including performance reviews, pricing negotiations, and coordination with site teams on multi-site or critical escalations
  • Maintain direct supplier lists and track adherence to preferred or directed suppliers
  • Monitor supply market changes impacting material availability, cost, and risk
  • Support Pursuit wide escalations involving quality, delivery, or production continuity

Required Qualifications:

  • Bachelor’s degree in Business Administration, Finance, Economics, Supply Chain, or related field.
  • At least 7 years of progressive sourcing and purchasing experience.
  • Must be authorized to work in the U.S. on a full-time bases without sponsorship now or in the future. The Company cannot offer employment to visa holders who require employer sponsorship in the future or cannot work now on a full-time basis.
  • Must be able to perform work subject to ITAR/EAR regulations.

Preferred Qualifications:

  • Experience in Aerospace direct materials sourcing or category management and Gov’t contracting req.
  • Strong technical and cost analysis for material and manufacturing based spend
  • Ability to work with engineering, quality, and operations in supplier evaluations
  • Ability to manage cross functional stakeholders and supplier relationships
  • Strong negotiation and commercial skills

Working Conditions

  • Must be able to have prolonged periods sitting at a desk and working on a computer.
  • Must be able to frequently sit, stand and walk.
  • Must be able to lift and carry up to 15 pounds.
  • Personal protective equipment (e.g., safety glasses and safety shoes) is required on the shop floor
  • Occasional weekend and evening work may be required to accommodate priorities, deadlines, and schedules.

Acknowledgements:

The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor.

Benefits:

Pursuit Aerospace also offers a variety of benefits, including health and disability insurance, 401(k) match, flexible spending accounts, EAP, paid time off, and company-paid holidays. The specific programs and options available to an employee may vary depending on date of hire, schedule type, and the applicability of collective bargaining agreements, among other things.

Equal Opportunity Employer:

Pursuit Aerospace is an Equal Opportunity Employer. We adhere to all applicable federal, state, and local laws governing nondiscrimination in employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.



What Pursuit Aerospace employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom