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

Marex

Internal Audit Manager - VN2787

Chicago, IL · On-site

$100K - $130K/yr

The Group provides access to the world's major commodity markets, covering a broad range of clients ... Adhere to the operational risk framework for your role ensuring that all regulatory or company ...

Marex

Internal Audit Manager - VN2787

Chicago, IL · On-site

$100K - $130K/yr

The Group provides access to the world's major commodity markets, covering a broad range of clients ... Adhere to the operational risk framework for your role ensuring that all regulatory or company ...

Marex

Internal Audit Manager - VN2787

Chicago, IL

The Group provides access to the world's major commodity markets, covering a broad range of clients ... Adhere to the operational risk framework for your role ensuring that all regulatory or company ...

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 ...

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

Portfolio Manager

Chicago, IL · On-site

$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 ...

DV Trading

Portfolio Manager

Chicago, IL · On-site

$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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All JobsCommodity Risk Manager JobsCommodity Risk Manager Jobs in Chicago, IL

Commodity Risk Manager information

See Chicago, IL salary details

$37.6K

$101K

$164.8K

How much do commodity risk manager jobs pay per year?

As of Jun 9, 2026, the average yearly pay for commodity risk manager in Chicago, IL is $100,997.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $117,400.00 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 Chicago, IL? The most popular types of Commodity Risk jobs in Chicago, IL are:
What are popular job titles related to Commodity Risk Manager jobs in Chicago, IL? For Commodity Risk Manager jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Commodity Risk Manager jobs in Chicago, IL look for? The top searched job categories for Commodity Risk Manager jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Commodity Risk Manager jobs? Cities near Chicago, IL with the most Commodity Risk Manager job openings:
Commodity Risk Manager jobs near you
Infographic showing various Commodity Risk Manager job openings in Chicago, IL as of May 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 89% In-person, and 11% Remote job distribution, with an average salary of $100,997 per year, or $48.6 per hour.

Internal Audit Manager - VN2787

Marex

Chicago, IL • On-site

$100K - $130K/yr

Full-time

Posted 29 days ago

Job description

Diversified. Resilient. Dynamic.
Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.
The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.
With more than 35 offices around the globe, and over 2,300 dedicated people enabling access to exchanges and technology-powered services.
For more information visit www.marex.com
Purpose of Role:
Marex is seeking an Internal Audit Manager who will be part of the Audit team. It is a global function with a presence in London, US, France, and Singapore. The team consists of 22 individuals (i.e. 13 in London, 3 in Chicago, 3 in New York, 2 in Paris and 1 in APAC), with additional support sought from our co-source partners as required.
  • Provides advice and influences change at a senior level to improve Marex Group corporate governance, risk management practices and internal control environment.
  • Through the Head of Internal Audit - NA provides assurance to the Board, on the adequacy, effectiveness and efficiency of the Marex internal control environment.
  • Supports the delivery of the corporate priorities of the Marex Group, as set out in the business plan.
  • Increases internal and external confidence in the Marex Group business and brand.
  • Provides value for money and other consultancy services as required through the Group Head of Internal Audit or Head of Internal Audit - NA.
  • Supervises and leads Internal Audit activities to ensure quality assurance output
  • Promotes internal audit and Marex in general to the wider community through direct contact and external and internal interactions

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights, and analytics.
Responsibilities:
  • Provide input and support the development of the three-year strategic internal audit plan to ensure coverage of key risks across all Marex entities and business areas, to provide the required level of assurance to the Board, senior management, and other stakeholders.
  • Plan and deliver the annual work program for Marex with the Group Head of Audit and Head of Internal Audit - NA
  • Influence senior management in taking steps to increase the effectiveness of risk mitigation and improved control environment under their responsibility
  • Contribute to the development of Marex standards and procedures, reviewing the effectiveness of any internal assurance functions within the Marex Group.
  • Research, promote, implement and contribute to electronic work paper and risk assessment tool for the Marex internal audit function.
  • Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
  • Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
  • Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
  • At all times complying with Marex's Code of Conduct.
    • To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
    • To report any breaches of policy to Compliance and/ or your supervisor as required
    • To escalate risk events immediately.
    • To provide input to risk management processes, as required.

The Company may require you to carry out other duties from time to time.
Competencies, Skills, and Experience:
Competencies
  • Excellent verbal and written communication skills
  • A collaborative team player, approachable, self-efficient and influences a positive work environment
  • Demonstrates curiosity
  • Resilient in a challenging, fast-paced environment
  • Ability to take a high level of responsibility in a fast pace and high-volume environment.
  • Escalates key issues and changing priorities to Internal Audit Leadership team as appropriate.
  • Excels at building relationships, networking and influencing others
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience
  • At least seven to ten (7 to 10) years' experience minimum as an Audit practitioner in a complex financial services organization(s) preferably with exposure to broking, commodities, Securities, and Swap dealers.
  • Significant experience in conducting risk assessments and audits of a wide variety of complex financial systems.
  • Comprehensive knowledge and understanding of modern internal audit concepts and standards and their application to the financial services market.
  • Exposure to creating, developing, and implementing audit strategies, policies and procedures
  • Exposure to internal audit or Compliance functions to provide a professional service.
  • Experience in managing relationships and influencing change at a senior level.
  • Proficient in information technology skills and carrying out audits of general IT controls.
  • Exposure to and enthusiasm for working in financial markets.
  • Experience conducting Integrated reviews with IT and standalone business audits.
  • Experience in leading Audit assignments (i.e. throughout the audit life cycle) and supervising staff as appropriate
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Professional Qualifications
  • Bachelor's degree is required.
  • CPA or Part CPA and/or other industry-relevant qualification is preferred
  • Series 3 or Swaps Proficiency certification is preferred
  • Possess a strong background in internal audit, coupled with a solid understanding of financial markets.
  • Experience or familiarity with futures businesses is highly desirable.

Salary Range: $100,000 to $130,000 per year and eligible for discretionary bonus.
Marex Benefits for 2026
Company Values:
  • Be collaborative - by working together across the organization, we foster teamwork, can better respond to challenges and successfully deliver for our clients
  • Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders
  • Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.
  • Be respectful - how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.
  • Nurture talent - we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support - for ourselves and our teams.

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
We are 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, disability status, protected veteran status, or any other characteristic protected by the law.
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