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Director Commodity Risk Management Jobs in Chicago, IL

Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Have had a leadership role directing other risk managements staff and can mentor to elevate them to ...

Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Have had a leadership role directing other risk managements staff and can mentor to elevate them to ...

Inviting applications for the role of Director IT Risk Management! In this role you will be responsible for delivering solution offerings primarily related to IT-SOX. Responsibilities:- IT Risk ...

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC ...

Support the Senior Director, Risk Policy, Recovery & Resolution in building out risk management policies related to current and evolving regulatory obligations, with specific focus on CFTC ...

Indirect Commodity Manager Company Description Flender is a leading global supplier for mechanical ... Risk & Market Analysis: Track market conditions, manage supply risks, and identify new suppliers ...

Showing results 41-60

Director Commodity Risk Management information

See Chicago, IL salary details

$55.6K

$147.5K

$267.8K

How much do director commodity risk management jobs pay per year?

As of Aug 16, 2026, the average yearly pay for director commodity risk management in Chicago, IL is $147,501.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,700.00 and $172,500.00 per year, depending on experience, location, and employer.

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?

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 Chicago, IL?

The most popular types of Commodity Risk Management jobs in Chicago, IL are:

What are popular job titles related to Director Commodity Risk Management jobs in Chicago, IL?

For Director Commodity Risk Management jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Director Commodity Risk Management jobs in Chicago, IL look for?

The top searched job categories for Director Commodity Risk Management jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Director Commodity Risk Management jobs?

Cities near Chicago, IL with the most Director Commodity Risk Management job openings:

Manager, Foreign Exchange Risk Management

DRiV

Skokie, IL • On-site

Full-time

Posted 10 days ago


Job description

Manager, Foreign Exchange Risk Management
Location: Skokie, IL or Southfield, MI (Hybrid)
DRiV, Tenneco's Aftermarket business group, is a global leader with top-three market share positions across most of our product categories.
As a premier "House of Brands," DRiV represents more than 30 of the world's most trusted aftermarket names, including Monroe®, MOOG®, Wagner®, Walker®, Fel-Pro®, Champion®, Ferodo®, Payen®, and others, many with more than 100 years of heritage.
Our scaled and differentiated capabilities allow regional business lines to serve customers with precision while leveraging global manufacturing, engineering, and distribution strength. Approximately 75% of our revenue is positioned as a #1 brand within its product category.
Across shocks & struts, steering & suspension, braking, sealing, engine, emissions, and ignition systems, DRiV delivers quality, performance, and value that customers rely on worldwide.
At DRiV, we win through execution, innovation, and the power of our brands.
Position Summary
DRiV is seeking a highly motivated Manager, Foreign Exchange Risk Management to establish and lead the Company's enterprise-wide Foreign Exchange (FX) Risk Management program. Reporting to the Executive Director, Risk Management, this newly created role will be responsible for designing and implementing DRiV's global FX risk management framework, developing hedging strategies, executing derivative transactions, and providing financial analysis to support business decision-making.
The successful candidate will play a key role in developing Treasury's financial risk management capabilities while supporting broader treasury initiatives including liquidity management, debt financing, banking relationships, and treasury transformation.
Key Responsibilities
Foreign Exchange Risk Management
  • Develop and implement DRiV's global Foreign Exchange Risk Management program.
  • Establish policies, procedures, and governance for identifying, measuring, monitoring, and managing foreign currency exposures.
  • Partner with business units to identify transactional, translational, and economic foreign exchange exposures. Develop and maintain enterprise-wide FX exposure reporting and analytics.
  • Recommend appropriate hedging strategies based on the Company's risk appetite and Treasury policies.
  • Execute foreign exchange hedge transactions, including forwards, swaps, and options, in accordance with approved Treasury policies.
  • Maintain derivative documentation and support hedge accounting requirements in partnership with Accounting.
  • Prepare monthly and quarterly FX exposure reports for Treasury leadership and executive management.
  • Support earnings guidance and financial disclosures related to foreign exchange.

Treasury Strategy & Capital Markets Support
  • Partner with the Executive Director, Risk Management on enterprise financial risk management initiatives.
  • Assist with debt financing, refinancing, and capital markets transactions involving foreign currency exposure.
  • Evaluate opportunities to optimize natural hedging strategies and balance sheet management.
  • Support bank relationship management related to foreign exchange products and services.

Treasury Governance & Policy Development
  • Develop Treasury policies governing financial risk management.
  • Establish governance processes for hedge approvals, documentation, and compliance.
  • Partner with Treasury operations to ensure compliance with internal controls, delegated authority, SOX requirements, and accounting standards.
  • Support internal and external audits related to Treasury and derivatives activities.

Leadership & Development
  • Provide leadership and technical guidance to Treasury Analyst supporting financial risk management.
  • Foster a culture of continuous improvement, collaboration, and professional development.

Education
  • Bachelor's degree in Finance, Economics, Business Administration, Accounting, or a related field.
  • MBA, Master's in Finance, CFA, CTP, FRM (Financial Risk Manager), or equivalent professional certification preferred.

Qualifications
  • 7+ years of progressive experience in Treasury, Capital Markets, Financial Risk Management, Corporate Finance, Investment Banking, or FP&A.
  • Experience managing foreign exchange exposures and executing derivative transactions.
  • Strong understanding of global financial markets, foreign exchange products, and hedging strategies.
  • Knowledge of hedge accounting (ASC 815 or IFRS equivalent) and collaboration with Accounting teams.
  • Experience developing financial models, scenario analyses, and executive reporting.
  • Advanced proficiency in Excel; experience with Power BI, Bloomberg, Reuters, Kyriba, FXall, or similar Treasury platforms is preferred.
  • Strong analytical, project management, and communication skills.
  • Ability to influence stakeholders and communicate complex financial concepts to non-technical audiences.

Why Join DRiV?
This is a unique opportunity to build DRiV's Foreign Exchange Risk Management program from the ground up as the Company establishes itself as an independent global enterprise. As Manager, Foreign Exchange Risk Management, you will play a pivotal role in shaping the Company's approach to managing financial market risk while partnering with senior leaders across Treasury, Finance, Accounting, Tax, and Operations.
Unlike traditional FX roles focused primarily on trade execution, this position offers the opportunity to design strategy, implement governance, leverage technology, and influence enterprise-wide financial decisions.