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Internship Commodity Risk Management Jobs in Illinois

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 ...

Develop and implement commodity risk management frameworks, balancing market trends, supplier capabilities, and cost predictability to achieve competitive advantages and provide input to future spend ...

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 ...

... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Lead Counterparty and Credit Risk Management practice at DV Trading by engaging business partners ...

Credit Risk Manager

Chicago, IL · On-site

$150K - $200K/yr

... commodity producers and users. Now, DV group affiliates include two broker dealers, a ... Lead Counterparty and Credit Risk Management practice at DV Trading by engaging business partners ...

Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...

Role Overview Cboe Clear US (Clearinghouse) is registered with the Commodity Futures Trading ... Oversee credit risk management of clearing members, settlement bank, and other counterparties ...

Commodity Buyer

Woodridge, IL · 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 ...

Relative Value Trader

Chicago, IL · On-site

$100 - $200/hr

... 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 ...

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Internship Commodity Risk Management information

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 the key skills and qualifications needed to thrive as an internship in commodity risk management?

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 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 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 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:

Infographic showing various Internship Commodity Risk Management job openings in Illinois as of August 2026, with employment types broken down into 87% Full Time, 10% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution.

Director of Strategic Sourcing

Portillo's

Oak Brook, IL

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Portillo's rating

6.4

Company rating: 6.4 out of 10

Based on 124 frontline employees who took The Breakroom Quiz

13th of 106 rated fast food restaurants


Job description

Job Description:

POSITION SUMMARY:

TheDirector of Strategic Sourcingserves as a key strategicleadershaping the longterm direction of Portillo's supply chain. This role owns the sourcing strategy, supplier ecosystem, and category leadership that ensures every product we serve reflects our uncompromising standards for quality and value.This position will lead a sourcing team responsible for direct spending, strengthen strategic supplier partnerships, mitigate risk, and unlock innovation across our food, packaging, and operational supply categories. As a trusted advisor to senior leadership, this role drives value creation, innovation, and crossfunctional alignment that enables sustainable growth.This is a role for a leader who thrives in a fastgrowing, highenergy environment and who wants to shape the future of one of America's most beloved brands.

This is a player/coach leadership role responsible for setting sourcing strategy while remaining directly involved in key categories, supplier negotiations, and cross-functional initiatives.

This is a hybrid position based at the Portillo's Restaurant Support Center in Oakbrook, Illinois with on-site presence required Monday through Thursday.

CORE RESPONSIBILITIES:

Enable our Purpose to create lifelong memories by igniting the senses with unrivaled food and experiences:

Family: Work together to make everyone feel at home, and we step up when someone needs help

Greatness: We're obsessed with being the best and work hard to continuously improve. Our greatness is rooted in Quality, Service, Attitude and Cleanliness

Energy: We move with urgency and passion, while maintaining attention to detail

Fun: We entertain our guests, we connect authentically, and we make each other smile

Strategic Leadership

  • Lead and manage the Strategic Sourcing team to ensure successful execution of sourcing priorities aligned with organizational objectives
  • Own the sourcing strategy across key food, packaging, and ops categories to support longterm growth and deliver against financial targets
  • Serve as a strategic supply chain advisor to executive leadership by providing thought leadership on market dynamics, commodity trends, risk, and sourcing opportunities
  • Build, develop, and inspire a Strategic Sourcing team focused on accountability, continuous improvement, collaboration, and execution

Supplier Relationship Management

  • Lead the supplier relationship management strategy, ensuring the sustained supply of high-quality products and services that meet or exceed company standards
  • Build long-term, strategic partnerships with key suppliers focused on value creation, innovation, quality, and shared success
  • Directly own select strategic food and/or beverage categories, acting as the supplier relationship owner and driving alignment with long-term business objectives
  • Lead the evaluation and performance validation of supplier partners, driving continuous improvement and alignment with company standards

Category Management

  • Provide strategic oversight of category strategies aligned with long-term organizational goals while driving continuous optimization across all categories
  • Develop and implement commodity risk management frameworks, balancing market trends, supplier capabilities, and cost predictability to achieve competitive advantages and provide input to future spend forecasts
  • Develop and lead quarterly commodity and market trend reviews for executive leadership in collaboration with Finance
  • Establish and maintain strategic contract management processes, managing pricing agreements and contract terms on a periodic basis, ensuring alignment with financial objectives and market conditions
  • Establish comprehensive category costing documents, managing updates and ensuring accuracy to support financial planning and analysis
  • Assess and mitigate risks associated with the supply chain, including compliance issues and financial instability of suppliers
  • Ensure supply continuity and risk mitigation strategies through proactive risk assessment, contingency planning, and supplier performance monitoring while ensuring readiness in case of supplier disruptions or emerging market challenges
  • Partner crossfunctionally to support product commercialization and accelerate speedtomarket for new products and product changes

Supplier Quality Management & Brand Protection

  • Oversee management of supplier's quality performance, ensuring that Portillo's products and services consistently meet the highest quality standards across all categories
  • Serve as the escalation partner for all product quality-related matters with Supplier Partners, including recalls and quality assessments, collaborating with internal and external stakeholders to ensure swift and effective resolution
  • Ensure the accuracy and alignment of all product specifications and regulatory compliance
  • Champion quality and safety standards that protect the guest experience and reinforce Portillo's industryleading reputation

Sourcing

  • Develop and implement strategic sourcing initiatives, leveraging deep expertise in market trends, category management, and industry best practices to drive innovation and achieve competitive advantage
  • Executes strategic oversight of the RFP process, from initial supplier vetting through negotiation, award, and implementation to ensure strong supplier partnerships that drive value, efficiency, and long-term alignment with Portillo's growth
  • Lead or support the team in negotiations on pricing with accountability for achieving financial objectives and managing supplier relationships
  • Identify and develop new supplier opportunities to support Portillo's growth strategy, ensuring alignment with innovation, sustainability, and cost-efficiency goals
  • Lead technology transformation initiatives in Sourcing, including digital tools, data insights, and process modernization that drive competitive differentiation
  • Identifyand develop new supplier capabilities that support menu innovation, operational efficiency, high product quality, and emerging consumer expectations

ORGANIZATION RELATIONSHIPS:

This position reports to the Vice President of Supply Chain and manages the work of the Strategic Sourcing team. The Director, Strategic Sourcing interacts with executive and senior leadership internally as well as externally with supplier partners. In addition, this position collaborates with internal cross functional teams such as Legal, Operations, Marketing, Finance as well as the Restaurant and Field teams.

QUALIFICATIONS:

Educational Level/Certifications

  • Bachelor's degree in business or related field preferred
  • Industry affiliations are a benefit; ISM, CPSM

Work Experience, Qualifications, Knowledge, Skills, Abilities

  • 10-15+ years of experience in strategic sourcing or procurement withdemonstratedsuccess leading highperforming teams and largescale category portfolios
  • Strong background in foodservice, restaurant, retail, or CPG environments with comfortability navigating complex food supply chains
  • Adept at aligning sourcing strategies to enterprise goals and engaging senior leaders with clear insights and recommendations
  • Experience managing complex supplier negotiations, supplier governance, contract strategy, and costmanagement frameworks
  • Proven ability to build trust across functions including Operations, Marketing, Culinary, Finance, Legal, and Executive Leadership
  • Deep commitment to safety, product integrity, and protecting the guest experience
  • Experience balancing strategic leadership with hands-on execution in a fast-paced environment
  • Strong analytical and financial acumen, including commodity and cost modeling experience

Travel Requirement

  • Occasional travel may be required around 15%

RSC (all) & PFS Management

Hot dog! The pay range for this role is $155,000.00 - $190,000.00. Your actual compensation will depend onexperience, location, and/oradditionalskills you bring to the table.

This position is also served with:

  • Participation in a discretionary bonus program based on company and individual performance, among other ingredients

  • A monthly technology reimbursement

  • Equity awards

  • Quarterly Portillo's gift cards

  • A bun-believable benefits package that includes medical, dental, and vision insurance along with paid time off, life insurance,andour401(k) plan with a company match

  • Learn more about our benefitshere

DISCLAIMER: The above statements are intended to describe the general nature and level of work being performed by incumbents assigned to this job. This is not intended to be an exhaustive list of all the responsibilities, duties and skills required. The incumbent may be expected to perform other duties as assigned. This job may be reviewed as duties and responsibilities change with business necessity.


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