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Director Commodity Risk Management Jobs in Michigan

Commodity Specialist

Plymouth, MI · On-site

$80K - $110K/yr

Own commercial strategy and supplier management for assigned direct material commodities, with a ... Drive material risk mitigation strategies to address supply continuity, pricing volatility, and ...

Commodity Specialist

Plymouth, MI · On-site

$80K - $110K/yr

Own commercial strategy and supplier management for assigned direct material commodities, with a ... Drive material risk mitigation strategies to address supply continuity, pricing volatility, and ...

... for managing the purchasing and negotiating of materials from suppliers. Responsible for cost ... Direct commodity buying responsibility as well as providing leadership within the group * Extensive ...

... for managing the purchasing and negotiating of materials from suppliers. Responsible for cost ... Direct commodity buying responsibility as well as providing leadership within the group * Extensive ...

Manage 'directed buy' supplier contracts and negotiations of such contracts with global suppliers. * Surveils the local procurement markets, informing the Commodity Managers of relevant trends ...

Manage 'directed buy' supplier contracts and negotiations of such contracts with global suppliers. * Surveils the local procurement markets, informing the Commodity Managers of relevant trends ...

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Showing results 1-20

Director Commodity Risk Management information

What is the difference between Director Commodity Risk Management vs Commodity Risk Analyst?

AspectDirector Commodity Risk ManagementCommodity Risk Analyst
CredentialsTypically requires a bachelor’s degree, often with certifications like FRM or CFAUsually holds a bachelor’s degree, sometimes pursuing certifications
Work EnvironmentStrategic, leadership-focused, overseeing risk management teamsAnalytical, data-driven, supporting risk strategies
Employer & Industry UsageUsed in large corporations, trading firms, and energy companiesCommon in trading houses, financial institutions, and commodity firms

The main difference is that the Director Commodity Risk Management leads and develops risk strategies at a high level, while the Commodity Risk Analyst focuses on analyzing data and supporting risk decisions. Both roles require strong knowledge of commodities and risk management, but differ in scope and responsibility.

What does a Director of Commodity Risk Management do?

A Director of Commodity Risk Management oversees a company's strategies to identify, assess, and mitigate risks related to the buying, selling, and price fluctuations of commodities such as oil, gas, metals, or agricultural products. This role involves analyzing market trends, developing risk management policies, and implementing hedging strategies to protect the company's financial interests. Directors in this position also coordinate with procurement, finance, and trading teams to ensure compliance with regulations and optimize risk exposure. Their expertise helps organizations manage volatility in commodity markets and make informed business decisions.

What are the key skills and qualifications needed to thrive as a Director of Commodity Risk Management, and why are they important?

A Director of Commodity Risk Management needs strong analytical skills, deep understanding of commodity markets, and typically a degree in finance, economics, or a related field, often accompanied by significant industry experience. Expertise in risk management systems, trading platforms, and certifications like FRM (Financial Risk Manager) or CFA are commonly required. Exceptional leadership, strategic thinking, and communication skills help in influencing stakeholders and leading risk mitigation initiatives. These competencies are crucial for effectively identifying, assessing, and managing risks in volatile commodity markets to protect and enhance company value.

What are some of the main challenges faced by a Director of Commodity Risk Management, and how can one prepare for them?

A Director of Commodity Risk Management often faces the challenge of navigating volatile markets, rapidly changing global economic conditions, and regulatory compliance. Staying ahead requires continuous market analysis, strong cross-functional collaboration with finance, procurement, and operations teams, and the ability to develop robust hedging strategies. Candidates can prepare by gaining experience in quantitative analysis, building strong communication skills, and staying updated on industry trends and regulatory changes. Leveraging advanced analytics tools and fostering relationships with key stakeholders are also crucial for success in this role.
What are the most commonly searched types of Commodity Risk Management jobs in Michigan? The most popular types of Commodity Risk Management jobs in Michigan are:
What job categories do people searching Director Commodity Risk Management jobs in Michigan look for? The top searched job categories for Director Commodity Risk Management jobs in Michigan are:
What cities in Michigan are hiring for Director Commodity Risk Management jobs? Cities in Michigan with the most Director Commodity Risk Management job openings:

Sr. Commodity Buyer - Direct Materials

RealTruck Group Inc

Ann Arbor, MI

Full-time

Posted 8 days ago


Job description

POSITION SUMMARY

The Senior Commodity Buyer for Direct Materials will plan, direct and coordinate all corporate procurement functions related to specific commodity groups. This role will engage cross functionally to develop category strategies, plus plan and lead the sourcing process. This includes negotiation of purchase price, quality, availability, delivery, and other factors necessary to ensure the overall conformance of materials purchased. This role is a key contributor to the Purchasing Continuous Improvement (PCI) initiative to improve RealTruck (RT) productivity and margins. Annual commitment and delivery of P&L cost savings is a core function of the position.

CORE FUNCTIONS

  • Must have experience with metals, specifically aluminum extrusions and aluminum sheet metal.
  • Evaluate and analyze category market trends; manage supply risk and minimize total costs. This includes optimizing commodity strategies, forward buying, tariffs, currencies and landed cost.
  • Collaborate cross functionally to understand and determine supply needs and product development / engineering and evaluation requirements in order to develop strategy and select the best suppliers.
  • Strong understanding of the PPAP process.
  • Drive the RFQ process and effectively manage supplier performance for quality, price, delivery and service.
  • Develop and maintain strong relationships with suppliers including the development of new product concepts / optimized services. Participate in supplier business reviews.
  • Use data gathering and analysis to develop short and long-term action plans for continuous improvement opportunities, initiatives and significant cost savings.
  • Stakeholder Collaboration
    • Collaborate with internal teams (Procurement, IT, Finance, Legal) to gather requirements, understand pain points, and design solutions that align with business needs.
    • Maintain close relationships with external suppliers to ensure process integration and performance improvements.
    • Act as a liaison between procurement and other business units to drive initiatives and projects forward
  • Data & Performance Analysis:
    • Monitor key performance indicators (KPIs) for procurement processes, including cost savings, process efficiency, and supplier performance.
    • Leverage data analytics to generate insights and make data-driven decisions for continuous improvement.
    • Develop dashboards and reporting tools to provide visibility into procurement operations.

QUALIFICATIONS & REQUIREMENTS

Education and Experience

  • Bachelor’s degree required.
  • 6+ years of related automotive experience and/or training is required.

Required Licenses

  • Purchasing Certification (CPM / SPSM) is a plus.

Skills and Abilities

  • Direct Metal Commodity Buyer experience is a MUST.
  • Auto industry, ideally.
  • Commodity Hedging is a PLUS.
  • Strong interest in Procurement technology and productivity tools, (e.g. AI, Power BI, etc.)
  • ERP system experience is required.
  • Strong proficiency in Excel and PowerPoint for competitive analysis, commodity market indexes and sourcing requirements.
  • Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to understand contracts and negotiations to pricing strategies.
  • Ability to effectively present information to top management and public groups. Write, speak and comprehend English.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

Travel

  • Occasional travel may be required, roughly 25%.

COMPETENCIES

  • Cost Consciousness – Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.
  • Dependability – Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; commits to long hours of work when necessary to reach goals. Completes tasks on time or notifies appropriate person with an alternate plan.
  • Judgement – Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
  • Verbal and Written Communication – Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; Responds well to questions; Demonstrates group presentation skills; Participates in meetings.
  • Problem Solving – Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even dealing with emotional topics.
  • Professionalism – Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
  • Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to other views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Supports everyone’s efforts to succeed.
  • Technical Proficiency – Familiarity with procurement software and tools. Knowledge of ERP systems and their integration with procurement processes.

SUPERVISOR RESPONSIBILITIES

Individual Contributor: working team member with no oversight of others and no management responsibilities.

PHYSICAL REQUIREMENTS

This position is subject to sedentary work; exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Walking and standing are required only occasionally.

Perks That Go the Extra Mile :
At RealTruck, we take care of our people—because they drive our success. Enjoy great benefits like medical, dental, and vision coverage, company-paid life insurance and disability, and a 401(k) with company match (eligible the first of the month after you start). Need balance? We’ve got wellbeing days and parental leave. Want to grow? Take advantage of educational reimbursement. Plus, earn referral bonuses and score exclusive employee discounts on RealTruck products. Great benefits. Great people. Even better careers.

About Real Truck

RealTruck is the premier manufacturer and digital destination of accessories for truck, Jeep®, Bronco® and off-road enthusiasts around the world. Globally headquartered in Ann Arbor, Michigan, Real Truck’s 5,000+ associates operate from 78 facilities across four continents. RealTruck’s industry leading product portfolio, which includes the Husky Liners total vehicle protection brand, boasts over 850 patents and pending applications. The company’s omni-channel retail approach delivers a seamless consumer experience online at RealTruck.com, as well as through its 12,000+ dealer network and automotive (OEM) partnerships. For more information, visit www.realtruck.com.