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Director Commodity Risk Management Jobs in Geneva, IL

Flender

Commodity Manager

Elgin, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Commodity Manager for Direct Materials leads sourcing and procurement for strategic direct ... Develop risk mitigation and dual-sourcing strategies. * Contract Management: Draft, negotiate, and ...

Altorfer CAT

Director of Safety & Risk Management

Addison, IL

$95K - $140K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Director of Safety & Risk Management will play a critical leadership role in protecting our employees, supporting our customers, and ensuring the long-term success of a company that has proudly ...

Flender

Commodity Manager

Elgin, IL

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Commodity Manager for Direct Materials leads sourcing and procurement for strategic direct ... Develop risk mitigation and dual-sourcing strategies. * Contract Management: Draft, negotiate, and ...

MUFG Bank, Ltd.

Credit Risk Management, Director

Chicago, IL · Hybrid

  • Medical

  • Retirement

  • PTO

The Credit Risk Management, Director will be responsible for overseeing the corporate lending activities and managing the credit portfolio; maintaining comprehensive knowledge of the companies in his ...

Geneva Trading

Global Head of Risk Management

Chicago, IL · On-site

$225K - $300K/yr

... of directors. How You Can Make An Impact * Define and drive enhancements to the firm's Risk ... Supervise and manage all employees of the Risk team globally * Model, analyze, and optimize ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Cboe Global Markets

Chief Risk Officer

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

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 ...

Genpact

Director, IT Risk Management

Chicago, IL · On-site

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 ...

CME Group

Risk Mgmt Policy Analyst

Chicago, IL

$81K - $135K/yr

  • Medical

  • Retirement

  • PTO

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 ...

CME Group

Risk Mgmt Policy Analyst

Chicago, IL · On-site

$81K - $135K/yr

  • Medical

  • Retirement

  • PTO

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 ...

Genpact

Director, IT Risk Management

Chicago, IL · On-site

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 ...

Flender

Indirect Commodity Manager

Elgin, IL · On-site

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 ...

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Showing results 21-40

All JobsCommodity Risk Management JobsDirector Commodity Risk Management JobsDirector Commodity Risk Management Jobs in Geneva, IL

Director Commodity Risk Management information

See Geneva, IL salary details

$52.7K

$139.7K

$253.8K

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

As of Aug 15, 2026, the average yearly pay for director commodity risk management in Geneva, IL is $139,744.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,000.00 and $163,500.00 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 job categories do people searching Director Commodity Risk Management jobs in Geneva, IL look for?

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

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

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

Director Commodity Risk Management jobs near you
Infographic showing various Director Commodity Risk Management job openings in Geneva, IL as of August 2026, with employment types broken down into 82% Full Time, 14% Part Time, 2% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $139,744 per year, or $67.2 per hour.

Commodity Manager

Flender

Elgin, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 16 days ago

Job description

Commodity Manager
Company Description
Flender is a leading global supplier for mechanical drive systems and has the reputation for highest performance, innovation, quality, and reliability of mechanical components for 125 years.
We're now hiring a talented Commodity Manager for our team in Elgin, IL on a full-time basis. If you're eager for your next challenge, Flender is a great place to grow your career.
For more information on Flender, please see website: www.flender.com
Equal Employment Opportunity Statement
Flender is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, marital status, family responsibilities, pregnancy, genetic information, protected veteran or military status, other categories protected by federal, state, or local law, and regardless of whether the qualified applicants are individuals with disabilities.
Job Summary:
The Commodity Manager for Direct Materials leads sourcing and procurement for strategic direct material categories vital to our manufacturing operations. This role is responsible for supplier relationship management, contract negotiations, cost optimization, and risk mitigation. The Commodity Manager partners closely with Engineering, Operations, R&D, Product Management, and Finance to align procurement strategies with business objectives and drive value, innovation, and continuous improvement.
Job Responsibilities:
  • Strategic Sourcing: Lead sourcing, supplier selection, RFx processes, negotiations, and contract management for assigned direct material categories, in conjunction with corporate Global Commodity Management strategies.
  • Supplier Management: As Supplier Relationship Owner for strategic suppliers, build and maintain strong supplier partnerships. Oversee supplier performance, conduct regular reviews, resolve issues, and drive continuous improvement.
  • Cost Optimization: Build and manage value creation roadmaps - cost savings, avoidance, innovation, working capital, resilience. Analyze spend and market trends to identify and implement cost savings opportunities. Lead end-to-end sourcing events (RFI/RFQ/RFP). Negotiate pricing, terms, and value-added solutions. Develop should-cost and total cost of ownership models.
  • Risk & Market Analysis: Monitor commodity markets, track supply risks and trends, and identify new suppliers, materials, and innovations. Develop risk mitigation and dual-sourcing strategies.
  • Contract Management: Draft, negotiate, and administer contracts with suppliers, ensuring compliance with legal, regulatory, and company requirements.
  • Cross-Functional Collaboration: Work closely with Engineering, Operations, Quality, Finance, and other teams to align procurement with business needs and support new initiatives.
  • Process Improvement: Evaluate and enhance procurement and sourcing processes. Drive continuous improvement using data analytics and KPIs.
  • Compliance: Ensure all procurement activities adhere to company policies, industry regulations, and ethical standards.

Required Knowledge/Skills, Education, and Experience:
  • Bachelor's degree in Supply Chain Management, Business, Engineering, or related field.
  • Minimum 5 years of procurement or sourcing experience, with focus on direct materials in manufacturing or engineering.
  • Experience with following commodities preferred: Roller bearings, steel castings, gears, hydraulics, machined parts, fasters/hardware.
  • Strong negotiation, supplier management, and contract administration skills.
  • Proficiency with ERP/procurement systems (e.g., SAP, Coupa) and data analysis tools (Celonis, SAP Analytics Cloud, Excel).
  • Professional certifications (CPSM, C.P.M., APICS, ASCM) are a plus.
  • Excellent communication, collaboration, and organizational skills.
  • Ability to manage multiple priorities in a fast-paced environment.

Flender as an employer offers:
  • Paid Time Off (18 Days)
  • Paid Holidays
  • Tuition Reimbursement
  • Medical, Dental, Vision, Life Insurance
  • Flexible Spending Account
  • Health Savings Account
  • 401k (6% Employer Match)
  • Employee Assistance Program

Your contact person(s) for this job posting is/are:
Jacob Stupec-Hernandez
Flender is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

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