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Commodity Risk Manager Jobs in Virginia (NOW HIRING)

advansix

Sr. Commodity Leader

Hopewell, VA

$95K - $142.60K/yr

The Senior Commodity Leader (SCL) - Engineering, Maintenance & Capital is responsible for the ... Supplier & Risk Management * Lead sourcing events including: * RFPs, RFQs, and competitive bid ...

advansix

Sr. Commodity Leader

Hopewell, VA

$95K - $142.60K/yr

The Senior Commodity Leader (SCL) - Engineering, Maintenance & Capital is responsible for the ... Supplier & Risk Management * Lead sourcing events including: * RFPs, RFQs, and competitive bid ...

CEL - Critical Power

Commodity Specialist

Williamsburg, VA · On-site

$109.30K/yr

Monitor supplier capacity and proactively manage risk of material shortages. * Conduct supplier ... Provide commodity insights and market intelligence to support sourcing decisions. * Contribute to ...

CEL - Critical Power

Commodity Specialist

Williamsburg, VA · On-site

$109.30K/yr

Monitor supplier capacity and proactively manage risk of material shortages. * Conduct supplier ... Provide commodity insights and market intelligence to support sourcing decisions. * Contribute to ...

AdvanSix

Sr. Commodity Leader

Hopewell, VA · On-site

... Commodity Leader (SCL) - Engineering, Maintenance & Capital is responsible for the strategic ... Supplier & Risk Management * Lead sourcing events including: * RFPs, RFQs, and competitive bid ...

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Commodity Risk Manager information

See Virginia salary details

$36.2K

$97.2K

$158.6K

How much do commodity risk manager jobs pay per year?

As of Jun 1, 2026, the average yearly pay for commodity risk manager in Virginia is $97,200.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,300.00 and $113,000.00 per year, depending on experience, location, and employer.

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.

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 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 Virginia? For Commodity Risk Manager jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Commodity Risk Manager jobs in Virginia look for? The top searched job categories for Commodity Risk Manager jobs in Virginia are:
What cities in Virginia are hiring for Commodity Risk Manager jobs? Cities in Virginia with the most Commodity Risk Manager job openings:
Commodity Risk Manager jobs near you
Infographic showing various Commodity Risk Manager job openings in Virginia as of May 2026, with employment types broken down into 84% Full Time, 10% Part Time, 2% Temporary, and 4% Contract. Highlights an 37% Physical, 6% Hybrid, and 57% Remote job distribution, with an average salary of $97,200 per year, or $46.7 per hour.

Sr. Commodity Leader

advansix

Hopewell, VA

$95K - $142.60K/yr

Other

Posted 26 days ago

AdvanSix rating

7.1

Company rating: 7.1 out of 10

Based on 12 frontline employees who took The Breakroom Quiz

65th of 89 rated chemical manufacturers

Job description

The Senior Commodity Leader (SCL) – Engineering, Maintenance & Capital is responsible for the strategic sourcing, procurement, and supplier management of engineering services, maintenance services, construction services, and capital project-related spend across AdvanSix manufacturing sites.

This role owns category strategy development and execution for plant engineering, turnarounds, sustaining capital, reliability-driven maintenance services, and site construction. The SCL partners closely with Plant Engineering, Maintenance, Operations, HS&E, Finance, and Capital Project teams to minimize total cost of ownership, mitigate execution and supply risk, and deliver sustained productivity in support of AdvanSix’s operating and capital objectives.

Key Responsibilities

Category & Strategy Management

  • Develop and execute short- and longterm category strategies for:
    • Plant engineering services
    • Maintenance and reliability services
    • Construction and project execution services
    • Capital project-related materials and services
  • Align category strategies with:
    • Asset integrity and reliability goals
    • Capital efficiency and cash discipline
    • Safety, environmental, and regulatory requirements
  • Identify opportunities for standardization, bundling, regionalization, and supplier consolidation across sites.
  • Turnaround (plant outages) planning and strategizing with key stakeholders.

Capital & Maintenance Spend Management

  • Support annual and multiyear capital planning by establishing sourcing strategies for:
    • EPC and engineering firms
    • Construction contractors
    • Specialized maintenance and turnaround services
  • Partner with Engineering and Maintenance leadership to:
    • Optimize contractor utilization and rate structures
    • Improve bid quality, scope discipline, and execution outcomes
  • Drive total cost of ownership (TCO) reduction across labor, materials, and execution models.

Supplier & Risk Management

  • Lead sourcing events including:
    • RFPs, RFQs, and competitive bid processes
    • Negotiation of Master Service Agreements (MSAs), unit-rate agreements, and lumpsum contracts
  • Establish and manage preferred supplier frameworks and performance scorecards covering:
    • Safety
    • Cost competitiveness
    • Schedule and execution reliability
    • Quality and compliance
  • Identify and mitigate:
    • Supply, labor, and execution risk
    • Singlesource and capacity constraints
    • Contractor safety and compliance exposure

Commercial Execution & Governance

  • Negotiate and manage:
    • Longterm service agreements
    • Statements of Work (SOWs)
    • SAP Outline Agreements and purchase orders
  • Ensure adherence to AdvanSix procurement policies, controls, and approval processes.
  • Measure and report:
    • Productivity savings
    • Cost avoidance
    • Working capital improvement
    • Contract compliance

Stakeholder Partnership

  • Act as the primary procurement interface for plant Engineering and Maintenance leadership.
  • Influence scope, sourcing strategy, and supplier selection early in project development.
  • Provide commercial insight to support:
    • Capital prioritization
    • Maintenance execution planning
    • Turnaround scope and cost optimization

Qualifications & Experience

Required

  • Bachelor’s degree in Engineering, Supply Chain, Business, or related discipline
  • 7+ years of progressive experience in:
    • Strategic sourcing or category management and/or
    • Engineering, maintenance, or capital project procurement in a manufacturing or chemical environment
  • Demonstrated experience managing:
    • Engineering and construction services
    • Maintenance or turnaround-related spend
    • Capital project sourcing and execution support
  • Strong negotiation, contract management, and commercial risk management skills
  • Experience working in assetintensive, regulated manufacturing environments

Preferred

  • Experience in chemicals, refining, or process manufacturing
  • Familiarity with EPC contracting models (lumpsum, unitrate, reimbursable)
  • SAP procurement experience (Outline Agreements, PO execution)
  • Proven ability to influence crossfunctional leaders without direct authority

The base salary for this role is $95,000 to $142,600 annually.

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