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

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 ...

OFI

Dairy Trader

Chicago, IL · On-site

$116K - $154K/yr

The role blends market analysis, risk management, trade execution, and strategic commercial ... Manage a physical dairy commodity trading book, including buy-sell decision-making and execution ...

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All JobsCommodity Risk JobsCommodity Risk Manager JobsCommodity Risk Manager Jobs in Northbrook, IL

Commodity Risk Manager information

See Northbrook, IL salary details

$37.1K

$99.7K

$162.7K

How much do commodity risk manager jobs pay per year?

As of Jun 9, 2026, the average yearly pay for commodity risk manager in Northbrook, IL is $99,706.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,400.00 and $115,900.00 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 job categories do people searching Commodity Risk Manager jobs in Northbrook, IL look for? The top searched job categories for Commodity Risk Manager jobs in Northbrook, IL are:
What cities near Northbrook, IL are hiring for Commodity Risk Manager jobs? Cities near Northbrook, IL with the most Commodity Risk Manager job openings:
Commodity Risk Manager jobs near you
Infographic showing various Commodity Risk Manager job openings in Northbrook, IL as of June 2026, with employment types broken down into 2% As Needed, 29% Full Time, 65% Part Time, 2% Contract, and 2% Nights. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $99,706 per year, or $47.9 per hour.
Senior Analyst, Thermal Settlements and Portfolio Analytics

Senior Analyst, Thermal Settlements and Portfolio Analytics

Invenergy LLC

Chicago, IL • On-site

$62K - $82K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Invenergy rating

8.6

Company rating: 8.6 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

Invenergy is North America's largest privately held developer, owner, and operator of power infrastructure. With 25 years of trusted execution, we deliver reliable, affordable energy through a diverse portfolio that includes natural gas, solar, land-based wind, energy storage, transmission, and domestic manufacturing. Headquartered in Chicago, we develop, own, and operate large scale projects that power communities and support the energy future.
This position will be open for application for at least 3 calendar days from the posting date. This position will remain open for application based on business need, which may be before or after the 3-day posting window.
Job Description
Position Overview
The Sr. Analyst, Thermal Settlements and Portfolio Analytics will be reporting to the Manager of Thermal Settlements and Portfolio Analytics. This role is uniquely positioned to leverage the juncture of Thermal Settlements, International Settlements and Risk Management. The role will support efforts to improve settlement and reporting for domestic and international assets. The Sr. Analyst will settle physical and financial energy commodity transactions for assigned thermal electricity generation projects while translating their knowledge of project transactions into relevant risk analyses. The Sr. Analyst will leverage their knowledge and experience to create reports, guide process improvements, and provide input to Risk-related initiatives, both domestic and international.
Responsibilities:
  • Create and maintain Excel templates with validated power generation and price detail for energy customers and hedge counterparties in accordance with contractual provisions.
  • Validate physical and financial transactions through our ETRM with counterparties on assigned thermal projects.
  • Collaborate cross-functionally to improve the data integrity of our ETRM.
  • Identify needs and implement steps to create and maintain reporting and tools visible to decision makers across the relevant company footprint.
  • Identify and/or support process improvement and systems implementation initiatives relating to Settlements, Credit Risk, Market Risk, and Accounting best practices.
  • Build and maintain inventory of international operating project processes with regards to risk management and settlements across all technologies and recommend and implement supporting and validating procedures to assist local teams.
  • Accurately report to FERC, Statistics Canada, and MIRA as regulations require.
  • Prepare ad-hoc forecasts and analyses as needed.

Minimum Qualifications:
  • BA or BS in Economics, Mathematics, or related field.
  • 2-4 years of relevant experience required, energy project settlement experience preferred.
  • Energy industry experience. Understanding of energy commodity markets and regional power/independent system operators. Experience in a trading environment with an ETRM such as Allegro preferred.
  • Excellent analytical, quantitative, and modelling skills with strong attention to detail and a demonstrated ability to develop models in Excel. SQL, Power BI, Copilot, and Databricks skills preferred.

Preferred Qualifications:
  • Ability to work independently, exhibiting strong self-motivational habits, while also being able to coordinate projects across functional teams.
  • Understanding of market risk analytics with gas and power trading activity.
  • Strong communication, negotiation, and interpersonal skills.
  • Ownership of and follow-through on commitments, with a demonstrated ability and desire to continuously improve.
  • Excellent organizational skills and ability to prioritize effectively.
  • Ability and desire to work in a fast-paced, entrepreneurial environment with tight timelines.

Base Pay
$62,000.00 - $82,000.00 USD Annual
Bonus: 15%
The base pay range reflects the minimum and maximum target salary for the position. Invenergy considers a number of factors when determining base pay offers such as the scope and responsibilities of the position and the candidate's experience, education and skills.
In addition to base pay, the total annual compensation package may also include eligibility to participate in our bonus program(s) which are designed to reward individual and company performance. Your recruiter can share more about bonus eligibility for this position during the hiring process.
Invenergy offers a variety of other benefits including medical, dental and vision insurance, 401k, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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