Rationalize the supply base, balancing cost and risk. Leverage global volume on families of like ... Strong project management, communication, negotiating, and analytical skills. Demonstrated ability ...
Rationalize the supply base, balancing cost and risk. Leverage global volume on families of like ... Strong project management, communication, negotiating, and analytical skills. Demonstrated ability ...
Rationalize the supply base, balancing cost and risk. Leverage global volume on families of like ... Strong project management, communication, negotiating, and analytical skills. Demonstrated ability ...
Rationalize the supply base, balancing cost and risk. Leverage global volume on families of like ... Strong project management, communication, negotiating, and analytical skills. Demonstrated ability ...
Chief Risk Officer
Chicago, IL · On-site
Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...
Chief Risk Officer
Chicago, IL · On-site
Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...
Chief Risk Officer
Chicago, IL · On-site
Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...
Chief Risk Officer
Chicago, IL · On-site
Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...
Experienced Commodities Options Trader
Chicago, IL · On-site
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
Chicago, IL · On-site
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Quick apply
Experienced Commodities Options Trader
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
Chicago, IL · On-site
$150 - $270/hr
Demonstrated success generatingPnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
Chicago, IL · On-site
$150 - $270/hr
Demonstrated success generatingPnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Experienced Commodities Options Trader
$150K - $200K/yr
Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. * Deep understanding of options pricing, volatility dynamics, and commodity market structure ...
Relative Value Trader
Chicago, IL · On-site
$100 - $200/hr
... 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 ...
Relative Value Trader
Chicago, IL · On-site
$100 - $200/hr
... 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 ...
Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve ... Provide quantitative analysis and support to risk managers on pricing, margin, and risk ...
Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve ... Provide quantitative analysis and support to risk managers on pricing, margin, and risk ...
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
Quick apply
Quantitative Risk Intern - Summer 2027
Chicago, IL · On-site
$35 - $40/hr
... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
Manager, Position Management Trading & Sourcing
Chicago, IL · On-site
$100 - $120/hr
Manager, Position Management Trading & Sourcing Location: Chicago, US, 60654 Barry Callebaut is a ... risk or other commodity trading operations or procurement function (cocoa, softs ...
Manager, Position Management Trading & Sourcing
Chicago, IL · On-site
$100 - $120/hr
Manager, Position Management Trading & Sourcing Location: Chicago, US, 60654 Barry Callebaut is a ... risk or other commodity trading operations or procurement function (cocoa, softs ...
Manager, Position Management Trading & Sourcing
Chicago, IL · On-site
$120K/yr
The Manager, Cocoa Position Management provides critical support to the Cocoa Trading & Sourcing ... Pricing, Risk or other Commodity Trading Operations or Procurement function (cocoa, softs, agri ...
Manager, Position Management Trading & Sourcing
Chicago, IL · On-site
$120K/yr
The Manager, Cocoa Position Management provides critical support to the Cocoa Trading & Sourcing ... Pricing, Risk or other Commodity Trading Operations or Procurement function (cocoa, softs, agri ...
Relative Value Trader
$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 ...
Relative Value Trader
$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 ...
Relative Value Trader
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 ...
Relative Value Trader
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 ...
Relative Value Trader
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 ...
Quick apply
Relative Value Trader
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 ...
Options Trader
Chicago, IL · On-site +1
... commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading ... Responsible for the risk management of the portfolio * Identify trading opportunities and develop ...
Options Trader
Chicago, IL · On-site +1
... commodity derivatives, and cryptocurrency. Technology is inextricably linked to our trading ... Responsible for the risk management of the portfolio * Identify trading opportunities and develop ...
... commodity trading and risk management What You Must Have - Bachelor's Degree - 7 years of experience What Sets You Apart - Master of Business Administration in Accounting, Accounting & Finance ...
... commodity trading and risk management What You Must Have - Bachelor's Degree - 7 years of experience What Sets You Apart - Master of Business Administration in Accounting, Accounting & Finance ...
Commodity Risk Manager information
See Downers Grove, IL salary details
$36.4K - $47.6K
2% of jobs
$47.6K - $58.8K
5% of jobs
$58.8K - $70K
6% of jobs
$78K is the 25th percentile. Wages below this are outliers.
$70K - $81.2K
16% of jobs
The median wage is $89.3K / yr.
$81.2K - $92.4K
28% of jobs
$92.4K - $103.6K
14% of jobs
$107.3K is the 75th percentile. Wages above this are outliers.
$103.6K - $114.8K
11% of jobs
$114.8K - $126K
8% of jobs
$126K - $137.2K
3% of jobs
$137.2K - $148.4K
4% of jobs
$148.4K - $159.6K
2% of jobs
$36.4K
$97.8K
$159.6K
How much do commodity risk manager jobs pay per year?
What does a commodity risk manager do?
What are the key skills and qualifications needed to thrive as a commodity risk manager?
How does a commodity risk manager typically collaborate with other departments within an organization?
What is the difference between Commodity Risk Manager vs Commodity Trader?
| Aspect | Commodity Risk Manager | Commodity Trader |
|---|---|---|
| Credentials | Risk management certifications, finance or economics degrees | Trading licenses, finance or economics degrees |
| Work Environment | Corporate risk departments, energy, agriculture, or metals companies | Trading floors, financial institutions, commodity firms |
| Industry Usage | Focus on risk mitigation and hedging strategies | Focus 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 Downers Grove, IL?
For Commodity Risk Manager jobs in Downers Grove, IL, the most frequently searched job titles are:
What cities near Downers Grove, IL are hiring for Commodity Risk Manager jobs?
Cities near Downers Grove, IL with the most Commodity Risk Manager job openings:
Full-time
Medical, Dental, Vision, Retirement, PTO
Re-posted 29 days ago
Job description
About Us:
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Job Description:
Barry-Wehmiller is recruiting for our Indirect & MRO Commodity Leader. As part of our transformational Supply Chain journey, we are establishing a global, centralized supply chain that supports the entire Barry-Wehmiller Enterprise. This role owns enterprise category strategy for indirect materials, MRO, expensed items, and tail spend across our network of manufacturing facilities; drives distributor and integrated-supplier consolidation; partners with our Supplier Quality & Development function on supplier performance; and stands up MRO Excellence as a discipline across BWG. We are looking for a forward-thinking leader, both strategic and operational, who will partner with supply chain, finance, facilities, EHS, and operations teams to unlock the power of our scale. This is a unique opportunity to help establish a world-class supply chain organization within a $3 billion privately held business with the freedom to adhere to a long-term strategy.
Principal Duties and Responsibilities (Essential Functions):
Responsibilities
- Own savings generation and execution for the category. Build the annual savings pipeline, commit to gross and net savings targets, and deliver them. Surface risks early, rebuild pipeline as needed to close gaps, and report progress to leadership on a regular cadence.
- Apply disciplined savings governance: every initiative has a documented baseline, calculation, and finance validation before it counts. Use the enterprise methodology and tools (Sievo) to keep pipeline, commit, and actuals accurate and auditable.
- Develop and implement the enterprise procurement strategy for Indirect, MRO, expensed items, and tail spend across BWG, identifying and driving cost reductions, supplier consolidation, and synergies across business units.
- Lead the MRO Excellence program across BWG sites, standardizing inventory, replenishment, stocking, and tool-crib practices to reduce working capital and unplanned downtime.
- Drive distributor and integrated-supplier consolidation in partnership with the Distribution Commodity Leader to bring tail spend under preferred and contracted suppliers.
- Own strategic supplier relationships and long-term agreements for the category. Negotiate, implement, and monitor contracts; partner with legal on contract language; hold suppliers accountable for cost, quality, delivery, and continuous improvement.
- Partner with the Supplier Quality & Development (SQD) function on scorecards, audits, and supplier development plans; lead resolution of escalated supplier issues.
- Own commodity financials: cost baselines, inflation forecasts, pricing, discounts, and rebate capture. Provide analysis of cost changes and pricing implications.
- Rationalize the supply base, balancing cost and risk. Leverage global volume on families of like items to consolidate spend; implement pull systems, VMI, and integrated supplier programs where they reduce TCO.
- Set the menu of preferred suppliers for BWG site projects, plant expansions, and engineering change management; partner with site leaders, facilities, and EHS to drive adoption.
- Drive ERP and spend-analytics enablement (Sievo, Jaggaer, ePro) for the indirect category; improve visibility, contract compliance, and supplier-level performance reporting.
- Collaborate with global BWG Supply Chain Leadership and the BWG platform supply chain teams (Packaging, Paper, Converting, Affinitas, and others) to identify regional, LCC, and BCC sourcing opportunities.
Tasks
- Analyze specifications, quality, quantity, and delivery requirements for assigned indirect categories; determine best supply source; survey markets for new sources; recommend substitutes when needed.
- Develop and execute sourcing strategies; prepare, analyze, and issue quotations; negotiate and create supplier contracts; complete purchase transactions ensuring deliverables are met locally and divisionally.
- Support site inventory levels for MRO and indirect items; track stock-outs, obsolescence, and chargebacks; partner with sites on stocking and replenishment programs.
- Evaluate suppliers against quarterly scorecards in partnership with SQD; perform site visits; require compliance with all performance parameters.
- Monitor commodity market and economic conditions; anticipate risk and recommend mitigation plans; consult with senior leadership on decisions.
- Lead and participate in cross-functional initiatives including MRO Excellence, distributor consolidation, tail-spend rationalization, and ePro deployment.
- Lead, coach, and guide less experienced team members; prepare and teach standard work procedures.
- Other duties as assigned.
Required Skills, Education and Experience:
Skills
- 8+ years sourcing/purchasing experience in a manufacturing environment, with strong working knowledge of domestic and international supply chain principles, MRP, inventory replenishment, financial analysis, and effective business processes.
- Hands-on experience in Indirect, MRO, and expensed-items categories (facility services, packaging consumables, safety, lubricants, tooling, fasteners, electrical consumables, office/IT supplies, freight/logistics). Ability to influence facility and product standards and drive quality systems.
- Demonstrated experience with integrated supplier programs, distributor consolidation, VMI, and tail-spend rationalization at scale.
- Familiarity with spend-analytics, contract-management, and ePro platforms (Sievo, Jaggaer, or equivalent) strongly preferred. Lean / Six Sigma desired.
- Experience in a global, matrixed manufacturing organization; comfortable working across business units and partnering with facilities, EHS, and operations.
- Strong project management, communication, negotiating, and analytical skills. Demonstrated ability to influence at all levels of leadership and drive collaborative decisions.
- Demonstrated track record of building and delivering committed annual savings pipelines on a TCO basis, with disciplined, auditable tracking. High ethical standards. Ability to read technical drawings and facility schematics.
- Ability to travel domestically and internationally as needed.
Education & Experience:
- Bachelor's Degree or equivalent. Focus in Supply Chain or related field.
- 8+ years of relevant work experience.
Supervisory/Responsibility:
- None
Work Environment:
This is an office position associated with a manufacturing facility. The employee will spend a portion of his/her time in the office area and a portion in the manufacturing area, and must be able to correctly wear and use any Personal Protective Equipment (PPE) required by the employer when on the manufacturing floor.
Position Type:
This is a regular, full-time position with the understanding that a regular workweek will require extended days and hours as needed to meet business needs.
Travel:
Regular domestic and occasional global travel is required to support site visits, supplier audits, and platform engagement.
Physical Demands:
The physical demands described here are representative of those performed in the job duties. The employee sits at a desk and uses a computer for prolonged periods. The role frequently uses close vision, speech, hearing, and dexterity to operate office equipment. The employee must occasionally lift and/or move up to 15 pounds.
Disclaimer:
The above information has been designed to indicate the general nature and level of work performed by employees within this classification. It is not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees assigned to this job. This job description is subject to change at any time.
The approximate pay range for this position is$110,000 - $160,000 annually. Please note that the pay range is a good-faith estimate at the time of posting and may vary based on factors such as experience, skills, and geographic location. Our complete benefits package includes: medical, dental, and vision insurance; paid time off; 401k plan with company match.
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At Barry-Wehmiller we recognize that people come with a wealth of experience and talent beyond just the technical requirements of a job. If your experience is close to what you see listed here, please still consider applying. We know that our differences often can bring about innovation, excellence and meaningful work-therefore, people from all backgrounds are encouraged to apply to our positions. Please let us know if you require reasonable accommodations during the interview process.
Barry-Wehmiller is an equal opportunity employer. M/F/D/V This organization uses E-Verify.
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Company:
BW Corporate USAbout PAPER
Sourced by ZipRecruiter
Industry
Machinery manufacturing
Company size
1,001 - 5,000 Employees
Headquarters location
Green Bay, WI, US
Year founded
1919