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Commodity Risk Manager Jobs in Illinois (NOW HIRING)

Sr Analyst, Pricing

Chicago, IL · Hybrid

$82K - $92K/yr

You will act as a key business partner to Sales, ensuring pricing decisions balance competitiveness, margin delivery, and risk management in a highly dynamic cocoa and commodity environment. Job ...

... risk. * Commodity-Specific Experience: * 3+ years of relevant Information Technology (IT) related ... Previous Contract Lifecycle Management (CLM) system experience - Ironclad preferred * Technical ...

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 ...

... 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 ...

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 ...

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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 Jul 24, 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 job categories do people searching Commodity Risk Manager jobs in Illinois look for? The top searched job categories for Commodity Risk Manager jobs in Illinois 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 July 2026, with employment types broken down into 90% Full Time, 5% Part Time, 2% Contract, 1% Nights, and 2% Summer. Highlights an 88% Physical, 6% Hybrid, and 6% Remote job distribution, with an average salary of $95,004 per year, or $45.7 per hour.
Supplier Development Program Lead (SDPL) (Remote)

Supplier Development Program Lead (SDPL) (Remote)

Collins Aerospace

Springfield, IL • Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago


Collins Aerospace rating

8.4

Company rating: 8.4 out of 10

Based on 249 frontline employees who took The Breakroom Quiz

23rd of 63 rated aerospace companies


Job description

Date Posted:

2026-07-22

Country:

United States of America

Location:

US-IL-REMOTE

Position Role Type:

Remote

U.S. Citizen, U.S. Person, or Immigration Status Requirements:

U.S. citizenship is required, as only U.S. citizens are authorized to access information under this program/contract.

Security Clearance Type:

None/Not Required

Security Clearance Status:

Not Required

At RTX, the world's largest aerospace and defense company, 185,000 great minds are united by purpose and inspired to make a difference solving the world’s most complex problems. With our three market leading businesses, world-class operations and investments in research and development, we offer capabilities and opportunity no one else can. Together, we push the boundaries of known science and find new ways to connect and protect our world.

Collins Aerospace is a leader in technologically advanced, intelligent solutions that help redefine the aerospace and defense industry. With a comprehensive portfolio and deep technical expertise, we help customers meet the demands of the global market. Join us and help shape the future of aerospace and defense.

While this role is remote-based, candidates residing in Central or Eastern Standard Time Zones will be given priority consideration.

What You Will Do

Strategic Alignment & KPI Management:

  • Own and manage SBU specific supplier development KPIs, including both leading and lagging indicators, to track supplier performance, risk, and maturity
  • Participate in SBU staff meetings to represent supplier development priorities and communicate strategic alignment
  • Lead and support SBU tiered meetings, providing clear updates on supplier development efforts, escalations, and impact on critical programs
  • Engage with Value Stream Leaders (VSLs) and SBU stakeholders to align resource prioritization and supplier strategy to improve supplier performance and development focus
  • Operational Interface & Escalation Management:
  • Serve as the focal representative for the SBU regarding supplier quality, delivery, or readiness issues
  • Act as an escalation point of contact for teams as needed
  • Act as a functional interface between SBU operations and GSD, ensuring clear handoffs, alignment, and feedback loops
  • Support SBU based program planning, ensuring supplier capacity and development actions align with SBU execution or NPI ramp up timelines
  • Cross Functional & Commodity Coordination:
  • Engage and align with cross-functional program committees to support integrated supplier development strategies across the business
  • Facilitate the development of Supplier Development Plans (SDP) executed within the assigned SBU, working closely with GSD and commodity leaders to drive strategic alignment
  • Drive collaboration across multiple partners (Sourcing, Engineering, Quality, Operations) to drive supplier performance improvements
  • Ability to support suppliers as needed up to 50% of time

Key Interfaces:

  • Strategic Business Unit Operations Leadership
  • Global Supplier Development Commodity Managers and Global Supplier Development Commodity Leads
  • Value Stream Leaders (VSLs)
  • Supplier Quality
  • Commodity Engineering
  • Program Management Procurement

Qualifications You Must Have

  • Typically requires a University Degree and minimum 10 years prior relevant experience or an Advanced Degree in a related field and minimum 7 years of experience
  • Demonstrated understanding of Casting and / or Forging products and their manufacturing processes

Qualifications We Prefer

  • Proven history of effective cross-functional program leadership, KPI management, and escalation handling
  • Strong analytical skills, problem solving, and business acumen
  • Excellent communication skills
  • Demonstrated knowledge of supplier management and business
  • Experience with supplier risk management, APQP, AS9100, or complex manufacturing environments
  • Strong knowledge of supplier collaboration strategy, planning, and risk management frameworks

What We Offer

Some of our competitive benefits package includes:  

  • Medical, dental, and vision insurance  
  • Three weeks of vacation for newly hired employees  
  • Generous 401(k) plan that includes employer matching funds and separate employer retirement contribution, including a Lifetime Income Strategy option  
  • Tuition reimbursement program 
  • Student Loan Repayment Program  
  • Life insurance and disability coverage  
  • Optional coverages you can buy pet insurance, home and auto insurance, additional life and accident insurance, critical illness insurance, group legal, ID theft protection 
  • Birth, adoption, parental leave benefits 
  • Ovia Health, fertility, and family planning  
  • Adoption Assistance  
  • Autism Benefit  
  • Employee Assistance Plan, including up to 10 free counseling sessions  
  • Healthy You Incentives, wellness rewards program 
  • Doctor on Demand, virtual doctor visits  
  • Bright Horizons, child and elder care services 
  • Teladoc Medical Experts, second opinion program  
  • And more!

Learn More & Apply Now!

Operations, Supply Chain and EH&S:

The next chapter of our future as an aerospace company is here, and we are excited about what this means for our employees and customers! Get onboard the Collins Aerospace Operations team and play a part in managing our innovative products from inception to delivery. The Operations team continues to grow and aims to strengthen the connection of Manufacturing Operations, Supply Chain and Environment, Health & Safety (EH&S) across Collins Aerospace. In this dynamic environment, you will have the opportunity to network across our businesses and functions, all while improving the productivity, quality and efficiency of our operations worldwide. 

Collins Aerospace, a RTX company, is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers’ toughest challenges and to meet the demands of a rapidly evolving global market.

WE ARE REDEFINING AEROSPACE.

*Please ensure the role type (defined below) is appropriate for your needs before applying to this role.

Remote: Employees who are working in Remote roles will work primarily offsite (from home).  An employee may be expected to travel to the site location as needed. 

*Position is remote; however, if you live within a reasonable commute of a Collins site with other colleagues you interact with, your manager will discuss whether there is a degree of onsite presence associated with this role.

At Collins, the paths we pave together lead to limitless possibility. And the bonds we form – with our customers and with each other -- propel us all higher, again and again.  

Apply now and be part of the team that’s redefining aerospace, every day!

As part of our commitment to maintaining a secure hiring process, candidates may be asked to attend select steps of the interview process in-person at one of our office locations, regardless of whether the role is designated as on-site, hybrid or remote.

The salary range for this role is 132,400 USD - 251,600 USD. The salary range provided is a good faith estimate representative of all experience levels. RTX considers several factors when extending an offer, including but not limited to, the role, function and associated responsibilities, a candidate’s work experience, location, education/training, and key skills. Hired applicants may be eligible for benefits, including but not limited to, medical, dental, vision, life insurance, short-term disability, long-term disability, 401(k) match, flexible spending accounts, flexible work schedules, employee assistance program, Employee Scholar Program, parental leave, paid time off, and holidays. Specific benefits are dependent upon the specific business unit as well as whether or not the position is covered by a collective-bargaining agreement. Hired applicants may be eligible for annual short-term and/or long-term incentive compensation programs depending on the level of the position and whether or not it is covered by a collective-bargaining agreement. Payments under these annual programs are not guaranteed and are dependent upon a variety of factors including, but not limited to, individual performance, business unit performance, and/or the company’s performance. This role is a U.S.-based role. If the successful candidate resides in a U.S. territory, the appropriate pay structure and benefits will apply. RTX anticipates the application window closing approximately 40 days from the date the notice was posted. However, factors such as candidate flow and business necessity may require RTX to shorten or extend the application window.

RTX is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or veteran status, or any other applicable state or federal protected class. RTX provides affirmative action in employment for qualified Individuals with a Disability and Protected Veterans in compliance with Section 503 of the Rehabilitation Act and the Vietnam Era Veterans’ Readjustment Assistance Act.

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About Collins Aerospace

Sourced by ZipRecruiter

Collins Aerospace, a Raytheon Technologies company, is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry. Collins Aerospace has the capabilities, comprehensive portfolio and expertise to solve customers' toughest challenges and to meet the demands of a rapidly evolving global market.

Industry

Aviation

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2018