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Commodity Risk Manager Jobs in Lake Forest, IL (NOW HIRING)

... 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 ...

... 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 ...

... 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 derivatives, and cryptocurrency. Technology is inextricably linked to our trading ... Responsible for the risk management of the portfolio * Identify trading opportunities and develop ...

Portfolio Manager

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 ...

Trader

Chicago, IL · On-site

$120 - $160/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 ...

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 ...

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 ...

Senior Director, Cocoa

Chicago, IL · On-site

$260 - $295/hr

Management and Communication (20%) * Ensure effective commodity procurement functions and processes ... Risk Management & Profitability (30%) * Evaluate market fluctuations based upon data and historical ...

Showing results 21-40

Commodity Risk Manager information

See Lake Forest, IL salary details

$36.1K

$97.1K

$158.4K

How much do commodity risk manager jobs pay per year?

As of Aug 22, 2026, the average yearly pay for commodity risk manager in Lake Forest, IL is $97,074.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,200.00 and $112,900.00 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 cities near Lake Forest, IL are hiring for Commodity Risk Manager jobs?

Cities near Lake Forest, IL with the most Commodity Risk Manager job openings:

Infographic showing various Commodity Risk Manager job openings in Lake Forest, IL as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $97,074 per year, or $46.7 per hour.

Quantitative Risk Intern - Summer 2027

DV Trading

Chicago, IL

$35 - $40/hr

Temporary, Internship

Posted 17 days ago


Job description

About Us:
Founded 20 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 600 people operating throughout North America, Europe and Asia. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and 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 cryptocurrency market making firm, and a bourgeoning investment adviser.
Responsibilities: 

  • Build and execute advanced quantitative risk monitoring using results from above exercise, including design, collection and analysis of key risk metrics in collaboration with multiple stakeholders to influence business strategy.
  • Utilize advanced quantitative analytics to assess future risk, opportunities, and effectiveness and translate results into meaningful solutions to enhance decision making.
  • Contribute to strategic, cross-functional initiatives within the Quantitative Risk Management team.
  • Present results of the reviews performed to the Executive Management Team.

Requirements:

  • Pursuing a degree in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field
  • Expecting to graduate between Winter 2027 and Summer 2028
  • Proficient to advanced knowledge of statistical modeling and other quantitative techniques including, but not limited to linear & non-linear regression, optimization, simulation, time-series analysis, probability theory, survival analysis, value-at-risk, PCA, and GARCH
  • Basic proficiency in Python and SQL is required
  • Ability to communicate complex concepts and findings in a clear and concise manner.

Preferred Skills:

  • Knowledge of option pricing and fixed income analytics
  • Advanced proficiency in Python
  • A working knowledge of Python SciPy & statsmodels, R, C/C++/C#, SAS, and/or Matlab
  • Knowledge of enterprise risk management and internal control standards, especially within the financial services industry
  • Proficiency in data management and reporting tools strongly desired (Essbase, Word, Excel, Power Point, Access)

Compensation range: $35.00-$40.00/hr

DV is not accepting unsolicited resumes from search firms. Only search firms with valid, written agreements with DV should submit resumes in response to DV's posted positions. All resumes submitted by search firms to DV via e-mail, the Internet, personal delivery, facsimile, or any other method without a valid written agreement shall be deemed the sole property of DV, and no fee will be paid in the event the candidate is hired by DV. DV is proud to be an equal opportunity employer and committed to creating an inclusive environment for all employees.