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Internship Commodity Risk Management Jobs in Illinois

Commodity Analyst

Rockford, IL ยท On-site

$60K - $85K/yr

The Commodity Analyst is responsible for managing commodities to support production, inventory ... risk and improve supplier performance. * Convert MRP requirements into purchase orders and manage ...

Commodity Analyst

Rockford, IL ยท On-site

$60K - $85K/yr

The Commodity Analyst is responsible for managing commodities to support production, inventory ... risk and improve supplier performance. * Convert MRP requirements into purchase orders and manage ...

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 ...

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 ...

What you'll do Design and implement a comprehensive risk management strategy emphasizing early risk ... Apply Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) regulatory ...

Develop automations for robust supervision and risk management. Develop real-time monitoring ... Apply Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) regulatory ...

... her commodity * Initiates and manages re-sourcing, dual sourcing and continuous improvement ... Relationship Management Supplier Risk Assessment Vendor Management Cost Management Strategic ...

Commodity Buyer

Woodridge, IL ยท On-site

$79K - $130K/yr

The Commodity Buyer will: * Lead material cost reduction activities for assigned purchased material ... management of the supply base. * Completes risk analysis and risk mitigation projects to protect ...

Strong balance of strategic and operational capabilities, including global sourcing, supplier management, and commodity risk management. * Global mindset with experience working in international and ...

... risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a ...

Relative Value Trader

Chicago, IL ยท On-site

$200K/yr

... risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a ...

Relative Value Trader

Chicago, IL ยท On-site

$200K/yr

... risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a ...

Showing results 21-40

Internship Commodity Risk Management information

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

AspectInternship Commodity Risk ManagementCommodity Risk Analyst
CredentialsEnrolled in related degree programs, some certifications beneficialBachelor's degree in finance, economics, or related; certifications like FRM advantageous
Work EnvironmentInternship setting, supervised, entry-level tasksFull-time role, analytical, data-driven decision making
Industry UsageUsed as a training position within trading firms, energy companies, and banksFull professional role within commodity trading, risk management teams

Internship Commodity Risk Management positions are entry-level, focused on learning and supporting risk management activities under supervision. In contrast, Commodity Risk Analysts are full-time professionals responsible for analyzing market data, assessing risks, and developing strategies. Internships serve as a stepping stone to full analyst roles, which require more experience and expertise.

What is an Internship in Commodity Risk Management?

An Internship in Commodity Risk Management is a temporary position, usually for students or recent graduates, where individuals gain hands-on experience analyzing, assessing, and mitigating risks related to the buying, selling, or trading of commodities such as oil, metals, or agricultural products. Interns typically assist with market research, data analysis, and the development of strategies to manage price volatility and supply chain risks. This role provides exposure to financial markets, risk assessment tools, and commodity trading strategies, preparing interns for future roles in finance or risk management.

What are some common challenges faced during an Internship in Commodity Risk Management, and how can interns overcome them?

Interns in Commodity Risk Management often encounter challenges such as quickly understanding complex market dynamics, learning to analyze large sets of pricing and risk data, and adapting to the fast-paced nature of trading environments. To overcome these, it's helpful to proactively seek guidance from team members, leverage available training resources, and regularly review market reports to build industry knowledge. Effective communication and a willingness to ask questions can also help interns integrate into the team and contribute meaningfully to projects.

What are the key skills and qualifications needed to thrive as an Internship Commodity Risk Management, and why are they important?

To thrive in an Internship Commodity Risk Management role, you need strong analytical skills, a background in finance, economics, or related fields, and proficiency in quantitative analysis. Familiarity with risk management software, Excel, and possibly programming languages like Python or VBA, as well as knowledge of financial markets, is often expected. Effective communication, attention to detail, and the ability to work collaboratively are crucial soft skills for success. These skills and qualities are important to accurately assess market risks, support decision-making, and contribute to managing commodity exposure effectively within the organization.
What are the most commonly searched types of Commodity Risk Management jobs in Illinois? The most popular types of Commodity Risk Management jobs in Illinois are:
What job categories do people searching Internship Commodity Risk Management jobs in Illinois look for? The top searched job categories for Internship Commodity Risk Management jobs in Illinois are:
Infographic showing various Internship Commodity Risk Management job openings in Illinois as of July 2026, with employment types broken down into 2% As Needed, 90% Full Time, 6% Part Time, and 2% Contract. Highlights an 88% Physical, 8% Hybrid, and 4% Remote job distribution.
Commodity Analyst

Commodity Analyst

Kaney

Rockford, IL โ€ข On-site

$60K - $85K/yr

Full-time

Posted 6 days ago


Job description

The Commodity Analyst is responsible for managing commodities to support production, inventory, quality, and cost objectives within an aerospace manufacturing environment. This role combines strategic sourcing, supplier management, procurement analysis, and material planning responsibilities to ensure continuity of supply, supplier performance, and long-term commodity strategies. The Commodity Analyst serves as the primary point of ownership for commodities and works cross-functionally with operations, engineering, quality, and suppliers to drive continuous improvement and operational excellence.
Requirements
Major Responsibilities:
  • Develop and execute commodity strategies that support business objectives for cost, quality, delivery, and inventory performance.
  • Analyze market trends, supplier capabilities, pricing structures, and material availability to identify opportunities for cost savings and supply chain improvements.
  • Lead supplier negotiations for pricing, delivery schedules, payment terms, and long-term agreements.
  • Evaluate and develop new sources of supply to reduce risk and improve supplier performance.
  • Convert MRP requirements into purchase orders and manage procurement activities for commodities.
  • Maintain and manage open purchase orders to ensure on-time delivery and continuity of supply.
  • Provide accurate delivery commitments to support manufacturing operations and customer requirements.
  • Coordinate supplier-related quality issues, engineering changes, and product developments between internal departments and external suppliers.
  • Lead efforts to resolve quality and delivery issues related to purchased materials, including corrective actions and supplier recovery plans.
  • Partner with Quality and Engineering teams to address nonconforming materials and coordinate supplier returns when necessary.
  • Maintain accurate ERP system data including lead times, safety stock levels, planning parameters, and order policies.
  • Utilize MRP and planning tools to support production schedules and optimize inventory levels.
  • Monitor and analyze supplier and inventory performance metrics including on time delivery, inventory, supplier quality, and cost performance.
  • Prepare reports and recommendations for leadership regarding supplier performance, commodity risks, and sourcing strategies.
  • Support continuous improvement initiatives related to procurement, inventory management, and supply chain efficiency.
  • Build strong supplier relationships to support long-term operational and strategic objectives.
  • May perform additional duties as assigned.

Minimum Qualifications:
  • Bachelor's degree in Supply Chain Management, Business, Finance, Engineering, or related field preferred.
  • 3+ years of experience in procurement, commodity management, supply chain, or purchasing within a manufacturing environment.

Minimum Competencies:
  • Aerospace or highly regulated industry experience preferred.
  • Strong analytical, negotiation, and problem-solving skills.
  • Experience with ERP/MRP systems and advanced Microsoft Excel skills.
  • Ability to manage supplier relationships and cross-functional projects effectively.
  • Knowledge of inventory planning, supplier performance metrics, and strategic sourcing principles.
  • Excellent communication and organizational skills.

Preferred Qualifications:
  • Experience with aerospace materials, machined components, electronics, or raw material commodities.
  • Familiarity with AS9100 or aerospace quality standards.
  • APICS, CPSM, or related supply chain certifications preferred.
  • Experience supporting lean manufacturing or continuous improvement initiatives.

Salary Description
$60,000.00 - $85,000.00

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About Kaney

Sourced by ZipRecruiter

Industry

Aerospace product and parts manufacturing

Company size

51 - 200 Employees

Headquarters location

Rockford, IL, US