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Commodity Risk Manager Jobs in Massachusetts (NOW HIRING)

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Commodity Risk Manager information

See Massachusetts salary details

$39.9K

$107.1K

$174.7K

How much do commodity risk manager jobs pay per year?

As of Sep 3, 2026, the average yearly pay for commodity risk manager in Massachusetts is $107,073.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,400.00 and $124,500.00 per year, depending on experience, location, and employer.

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?

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.

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 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 popular job titles related to Commodity Risk Manager jobs in Massachusetts?

For Commodity Risk Manager jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Commodity Risk Manager jobs in Massachusetts look for?

The top searched job categories for Commodity Risk Manager jobs in Massachusetts are:

Commodity Risk Manager jobs near you
Infographic showing various Commodity Risk Manager job openings in Massachusetts as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $107,073 per year, or $51.5 per hour.

Senior Procurement Manager - Commodities

Wellness Pet Company

Burlington, MA • On-site

$175K/yr

Full-time

Posted 17 days ago

Job description

The Wellness Pet Company is on a mission to help the next generation of pet parents fulfill a shared life of wellbeing with their pets through a foundation of proven nutrition. We are committed to crafting high-quality pet food, dental chews, treats, and topper recipes that are made with the perfect balance of high-quality natural ingredients paired with the latest scientific research and technologies. As a community of people working together, Wellies are positively obsessed with how to deliver proven health outcomes that pet parents can see and pets can taste. Wellies bring their best to work every day, come ready to collaborate, embrace the hard things, and own their outcomes.
Our Team is based out of our office in Burlington, Massachusetts, where we work in-office Monday through Thursday each week, and remotely on Fridays. Team members must reside within or be willing to relocate to a commutable distance from our Burlington office.
What You'll Accomplish
The Senior Procurement Manager will be based out of our Burlington, MA headquarters and will report to the Senior Director, Strategic Procurement. This individual will oversee raw material and ingredient sourcing across multiple manufacturing locations and will work cross-functionally to secure supply, ensure cost competitiveness, sustainability, and maximum procurement value.
Key Responsibilities
  • Monitor commodity markets and track sourcing performance metrics.
  • Lead cross-functional sourcing initiatives, RFx processes, negotiations, and market-driven purchasing decisions using TCO methodology.
  • Develop and maintain annual category strategies and sourcing plans aligned with demand forecasts, market trends, and risk assessments.
  • Analyze, report, and forecast KPIs including PPV/IPV, savings, supplier performance, contract compliance, supply continuity, customer satisfaction, and pricing benchmarks.
  • Identify and qualify new suppliers to improve cost, quality, resilience, and supply chain efficiency.
  • Implement supplier agreements, monitor compliance, manage commodity allocations, and support contract development with Legal.
  • Manage supplier performance reviews, cost reduction initiatives, issue resolution, and supplier development activities.
  • Manage critical spot buys. Respond to supply disruptions, seasonal demand spikes, and emergency sourcing needs.
  • Partner with R&D, Quality, Operations, FSQA, Regulatory, and Manufacturing teams to support ingredient optimization, vendor qualification, NPD, and co-manufacturing initiatives.
  • Manage day-to-day activities and development of Procurement Analyst.

Who We're Looking For:
Team Wellie is a group of people who are truly obsessed with all the best ways about winning for the consumer and the pets they love. And so, we are seeking an individual who:
  • Always starts with the consumer
  • Is dedicated to doing it right the first time
  • Brings their best every day
  • Has an �all-in� mindset
  • Embraces the hard things and does them right away
  • Owns their outcomes
  • Gives back to their community

In addition, for this specific role, we need someone who:
  • A bachelor's degree in business, supply chain, operations, economics, or related field
  • 5+ years of strategic sourcing or procurement experience, preferably in food, pet food, or agricultural commodities
  • Strong knowledge of commodity markets, supplier management, and sourcing strategies
  • Experience managing RFx processes, negotiations, and cost-saving initiatives
  • Understanding of total cost of ownership (TCO), risk management, and supplier performance metrics
  • Strong analytical, communication, and presentation skills
  • Ability to manage cross-functional projects and influence stakeholders at multiple levels
  • Proficiency with data analysis and sourcing tools Ability to travel domestically up to 30% of their time

Why Wellness Pet?
We care about the wellbeing of our people, their families, and their pets. We treat every Wellie to a best-in-class benefits package, a warm and welcoming environment, and a place where you can learn and grow professionally. More information about what makes us special can be found on our website. The Wellness Pet Company is proud to be an equal opportunity workplace. We foster an inclusive work environment and are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or veteran status.
The annual salary range for this position is $ 118,900 - $175,900 , based on a full-time work schedule, anticipated responsibilities, market benchmarks, and organizational equity. Compensation may vary within that pay range depending on the selected candidate's professional background, experience, operational needs, and other considerations permitted by law. The full compensation details will be communicated upon finalization of the employment offer and may include eligibility for participation in a bonus program.
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