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Director Commodity Risk Management Jobs in Cleveland, OH

In coordination with the Sr. Director, Risk Management, administer the department's annual operating plan, including preparation of monthly and quarterly variance reports, and accruals as part of the ...

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Director Commodity Risk Management information

See Cleveland, OH salary details

$52.4K

$138.9K

$252.2K

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

As of Sep 3, 2026, the average yearly pay for director commodity risk management in Cleveland, OH is $138,865.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,300.00 and $162,400.00 per year, depending on experience, location, and employer.

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 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 job categories do people searching Director Commodity Risk Management jobs in Cleveland, OH look for?

The top searched job categories for Director Commodity Risk Management jobs in Cleveland, OH are:

What cities near Cleveland, OH are hiring for Director Commodity Risk Management jobs?

Cities near Cleveland, OH with the most Director Commodity Risk Management job openings:

Corporate Insurance/Risk Analyst

Avery Dennison

Mentor, OH • On-site

$65K - $98K/yr

Full-time

Medical, Retirement, PTO

Posted 16 days ago


Avery Dennison rating

9.1

Company rating: 9.1 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

2nd of 122 rated packaging manufacturers


Job description

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste and mitigate loss, advance sustainability, circularity and transparency and better connect brands and consumers. We design and develop labeling and functional materials, radio-frequency identification (RFID) inlays and tags, software applications that connect the physical and digital and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide - including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive - we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2025 were $8.9 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

  • Health & wellness benefits starting on day 1 of employment

  • Paid parental leave

  • 401K eligibility

  • Tuition reimbursement

  • Employee Assistance Program eligibility / Health Advocate

  • Paid vacation and paid holidays

Job Description

The Risk Analyst is an integral part of the Risk Management team, providing guidance in insurance and risk management matters under the supervision of the Sr. Director, Risk Management and working with the Risk Manager. Embedded as a trusted advisor within all of Avery Dennison's Business Units, the Risk Analyst will actively shape and drive cross-functional collaboration. This role offers the unique opportunity to maximize company resilience and directly protect our assets and earning potential.

Key Responsibilities:

  • Assist in the management of the following global insurance programs that consists of renewals, claims, and insurance recovery processes:

    • Workers' Compensation/Employer's Liability

    • General Liability

    • Automobile Liability

    • Umbrella and Excess Liability

    • Product Recall/Withdrawal

    • Property

    • Stock Throughput

  • Collaborate with the EHS team on the implementation, scheduling and impact of the global property loss control plan and infrared program.

  • Provide support to the business units as needed for the programs above (e.g., certificates of insurance, auto ID cards, posting notices, etc.).

  • In coordination with the Sr. Director, Risk Management, administer the department's annual operating plan, including preparation of monthly and quarterly variance reports, and accruals as part of the annual budget process.

  • Ensure timely payment of all program and department invoices, tracking against the annual operating plan.

  • Continuously identify opportunities for improvement for our programs, as well as potential cost/time-savings initiatives. 

  • Assist the Risk Manager with the administration of our Risk Management Information System and intranet portal. 

  • Assist in the company's semiannual Enterprise Risk Management processes.

  • Work with the Sr. Director, Risk management to support Avery Dennison's captive insurance company.

  • Assist with acquisition diligence and integration.

  • Perform other related duties requiring a high degree of judgment and discernment in handling sensitive and confidential matters, as assigned.  

Qualifications
  • Bachelor's degree in Risk Management, Business, Accounting, Finance or related field. MBA or legal background a plus.

  • 2+ years or more experience working either in a corporate risk management environment with global risks or at a corporate insurance broker working on large, complex accounts.

  • ARM Certification or similar insurance certification a plus, or desire to obtain certification in support of personal development and departmental capability.

  • Detail-oriented with exceptional analytical and organizational skills.

  • Strong oral and written communication skills, including ability to effectively present complex topics in a persuasive and concise manner.

  • Ability to influence, motivate and collaborate with others to quickly achieve results, particularly with a geographically dispersed client base.

  • Ability to effectively plan, organize, direct and control projects.

  • Travel may be required.

  • Team player with a high energy, positive outlook and professional demeanor who takes initiative to advance within the department and promote enhanced visibility of the entire function.

Additional Information

The base salary range for this position will be $65,775 - $98,224/ year. The hiring base salary range represents what Avery Dennison reasonably expects to pay for this position as of the date of this posting. Actual salaries will vary within the range, and in some circumstances may be above or below the range, based on various factors including but not limited to a candidate's relevant skills, experience, education and training, and location, as well as the job scope and complexity, responsibilities, and regular and/or necessary travel required for the position, which may change depending on the candidate pool. Avery Dennison reserves the right to modify this information at any time, subject to applicable law.  

Equal Opportunity Employer

Avery Dennison is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status, or any other protected status.

Reasonable Accommodations Notice

If you require accommodations to view or apply for a job, alternative methods are available to submit an application. Please contact (440) 534-6000 or [email protected] to discuss reasonable accommodations.

Identity Verification Notice

To maintain the integrity of our hiring process and protect our candidates from identity fraud, we require video and/or in-person interviews. As part of this verification, we may also ask you to take a brief photo. This image is used exclusively to ensure identity consistency and will be permanently deleted once the hiring process concludes.

Pre-employment Screening Notice

As part of our commitment to maintaining a safe and productive work environment, Avery Dennison requires all final candidates to successfully complete a comprehensive background check and a drug screening. These checks are conducted post-offer and are a condition of employment. All results will be considered in accordance with applicable local, state, and federal laws.


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