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Commodity Jobs in Chicago, IL (NOW HIRING)

... commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser. Overview: DV Trading is looking for a ...

... commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser. Overview: DV Trading is looking for a ...

... commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser. Overview: DV Trading is looking for a ...

Job Overview/ Purpose of the Role Provides strategic leadership and direction to his/her purchasing team (global shocks commodity) to achieve optimal global Purchase related activities in order to ...

Sr Analyst, Pricing

Chicago, IL · Hybrid

$82K - $92K/yr

You will lead the development of pricing strategies and proposals leveraging chocolate open-book pricing models, commodity market insights, and cost-to-serve analytics. You will act as a key business ...

Purchasing Director

Bolingbrook, IL · On-site

$120 - $140K/hr

Lead, plan, and execute commodity purchasing for mission critical projects, including pipe, valves, fittings, specialties, and related materials. * Manage material release and procurement from ...

Showing results 21-40

Commodity information

See Chicago, IL salary details

$37.6K

$101K

$164.8K

How much do commodity jobs pay per year?

As of Aug 10, 2026, the average yearly pay for commodity 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.

What is a commodity?

Commodities are basic goods or raw materials that are interchangeable with other goods of the same type. They are often used as inputs in the production of other products or services and are typically traded on exchanges. Common examples include agricultural products like wheat, livestock, energy resources such as oil and natural gas, and metals like gold and copper. The prices of commodities are determined largely by supply and demand dynamics in the global market.

What are the key skills and qualifications needed to thrive as a commodity trader, and why are they important?

To thrive as a Commodity Trader, you need a strong grasp of financial markets, analytical skills, and a relevant degree in finance, economics, or a related field. Proficiency with trading platforms, risk management systems, and data analysis tools like Bloomberg Terminal is typically expected. Excellent decision-making, negotiation, and stress management abilities help traders excel in fast-paced and high-pressure environments. These skills are crucial for making informed trades, managing risk, and securing profitable outcomes in volatile markets.

What are some common challenges faced by commodity traders when managing market volatility?

Commodity traders often encounter significant market volatility due to factors such as geopolitical events, weather conditions, and changes in global supply and demand. Managing this volatility involves closely monitoring market trends, utilizing risk management tools like futures and options, and maintaining strong analytical skills to anticipate price movements. Effective communication with team members and staying informed about global economic developments are also crucial for navigating unpredictable markets. Being adaptable and proactive helps traders minimize risk and seize opportunities in a rapidly changing environment.

What is the difference between Commodity vs Commodity Trader?

AspectCommodityCommodity Trader
Primary FocusRaw materials or primary agricultural productsBuying and selling commodities for profit
Required CredentialsVaries; often includes industry-specific knowledgeKnowledge of markets, trading platforms, and sometimes certifications
Work EnvironmentFactories, farms, mines, or storage facilitiesTrading floors, offices, or online platforms
Industry UsageManufacturing, agriculture, miningFinancial markets, commodities exchanges

In summary, a Commodity refers to raw materials like oil, gold, or wheat, while a Commodity Trader specializes in buying and selling these commodities to generate profit. The trader's role involves market analysis, trading strategies, and understanding price fluctuations, whereas the commodity itself is the physical or digital asset being traded.

What are the most commonly searched types of Commodity jobs in Chicago, IL? The most popular types of Commodity jobs in Chicago, IL are:
What job categories do people searching Commodity jobs in Chicago, IL look for? The top searched job categories for Commodity jobs in Chicago, IL are:
Infographic showing various Commodity job openings in Chicago, IL as of August 2026, with employment types broken down into 94% Full Time, 3% Part Time, and 3% Contract. Highlights an 87% Physical, 8% Hybrid, and 5% Remote job distribution, with an average salary of $100,997 per year, or $48.6 per hour.

Experienced Commodities Options Trader

Belvedere Trading

Chicago, IL

$150K - $200K/yr

Full-time

Re-posted yesterday


Job description

Belvedere Trading is a leading proprietary trading firm. We are a team driven by intellectual curiosity, seeking answers that will change not only how we trade in this technological age, but also the future landscape of the trading industry. 
Our traders provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. Traders partner with our technologists to continually engineer and optimize our trading systems to stay on top of the industry. 

As an Experienced Commodities Options Trader, you will help expand and lead Belvedere’s presence in commodity derivatives markets. In this role, you will take ownership of strategy development, pricing, and risk across commodity options products. You’ll bring strong market intuition, quantitative rigor, and a collaborative mindset to a fast-paced environment where we work together to solve complex problems and push our trading capabilities forward. 
What you'll do
  • Become a leader in options market-making, while being recognized and compensated for your contributions within the firm.  
  • Participate in formal education on quantitative concepts to build your trading knowledge. 
  • Lead market-making and execution across commodity options products, guiding pricing, risk parameters, and strategic direction. 
  • Own and refine trading strategies from ideation through execution, generating insights in high-volume and high-volatility markets. 
  • Identify trends and mispricings by leveraging data, market structure knowledge, and an understanding of supply–demand dynamics across commodities. 
  • Collaborate with technologists and quants to enhance analytics, improve models, and systematize trading workflows that scale. 
  • Develop tools to analyze positional opportunities, evaluate risk, and improve options liquidity. 
  • Manage risk with discipline, monitoring exposures in real time and ensuring adherence to Belvedere’s risk philosophy. 
  • Work cross-functionally with research, technology, and trading teams to drive innovation and support the continued evolution of our commodities options trading groups. 
What you'll need
  • 3–7+ years of experience trading commodity options (energy, metals, agriculture, or related markets). 
  • Demonstrated success generating PnL, managing complex risk profiles, and navigating fast-moving markets. 
  • Deep understanding of options pricing, volatility dynamics, and commodity market structure, including fundamental drivers. 
  • Proficiency with analytical and programming tools such as Python, R, or SQL, with the ability to work with large datasets and improve modeling or decision-support systems. 
  • Ability to thoughtfully approach decision-making, thrive under pressure and adapt quickly to changing market conditions. 
  • Excellent communication skills and a team-oriented mindset. 
  • Bachelor’s degree or higher in Finance, Engineering, Physics, Mathematics, Economics, Computer Science, or a related technical field. 
Additionally, certain positions at Belvedere Trading are eligible for discretionary bonuses. Our employees have access to a variety of benefits, which can be found on our website here.
How We Operate - Core Values 

Team Belvedere: Work seamlessly with others to achieve shared goals. Foster a positive and supportive environment that brings out the best in your teammates.  
Me in Team: Focus on competing and succeeding at the highest level, constantly striving for excellence. 
Own It: Actively address challenges and make decisions that drive positive results, taking ownership of both successes and failures. 
Build Rockets: Bring forward bold, creative ideas and solutions. Be open to experimentation and willing to take calculated risks. 
Passionate Discourse: Encourage and bring innovative, out-of-the-box ideas to discussions, actively contributing to team growth and progress. 
 
Women and underrepresented groups frequently apply for jobs only if they meet 100% of the qualifications. 
We encourage you to break that mold and apply. No candidate is perfect; all have a lot to offer. We welcome your application. 
 
Our Stance

Belvedere is an Equal Opportunity Employer and is committed to providing a non-discriminatory employment environment for its employees. Discrimination against employees and applicants due to race, color, religion, sex, national origin, disability, age, military, and veteran status is prohibited. Belvedere encourages initiatives to increase diversity and provide equal opportunity to all applicants and employees. Belvedere is committed to providing a positive environment in which team members are treated with respect, dignity, and courtesy. Our firm believes in a dynamic culture of inclusion and diversity, where people thrive on individual and organizational characteristics, values, experiences, and backgrounds.
 
Please note that Belvedere Trading does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resumes will become the property of Team Belvedere. No phone calls, please.
 
Work Schedule: Regular and reliable attendance during business hours with the ability to be on-site prior to the start of business on occasion 
Physical: Ability to remain at a desk and concentrate for long periods of time
Amount of Travel Required: None 

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.