Senior Manager Global Commodities
Senior Manager Global Commodities
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$ 107600 - 143500
1 Vacancy
Job Description
Position Title: Senior Manager Global Commodities
Position Type: Regular - Full-Time
Position Location: Oakbrook Terrace
Grade:Grade 06
Requisition ID:36653
In every role McCainers are ambitious curious and passionate about creating exceptional work experiences - together. With a customer-first mindset we make doing business with McCain easy.
About the role.
We are seeking a highly motivated analytical and strategic Sr Manager Global Commodities to lead and support the Sr Director Global Commodities in driving and executing global commodities risk management strategy across multiple categories for the McCain Foods. This role is instrumental in supporting global and regional teams by providing relevant market insights developing recommending and executing hedge strategies. She/He will also be implementing risk mitigation tools to protect the business from volatility in key raw materials and energy markets. Working closely with the Sr Director and other members in the Procurement and Global Commodities teams the Sr Manager will help identify and evaluate market risks develop risk management strategies and recommendations and ensure alignment with McCains financial and operational objectives.
The ideal candidate has a deep understanding of global commodity markets particularly within the food agribusiness and energy sectors and a proven track record of implementing successful hedging strategies and risk frameworks. Must have in-depth knowledge of and experience in:
- Commodity categories (Grains Packaging and/or Energy)
- Global commodities trading in various markets (CE GB ANZ NA and LATAM)
- Commodities risk management and hedging with futures options and physical contracts
- Communications and Interactions The person will work closely with other members of the global commodity and regional procurement team and will manage multiple internal and external relationships. External relationships will include 3rd party market intelligence suppliers banks and suppliers.
What youll be doing.
1. Drive commodity risk-focused strategy for direct materials spend area: provide timely insight and risk strategy to support buyers risk management monitor market information conduct trading activities and monitor hedge exposures globally and provide econometric models for commodities forecasting and analysis
2. Collaborate with regions to ensure compliance with hedge policy and global risk management framework for hedging recommendation and approval process.
3. Support and train regional procurement organizations in physical hedges and maintaining positions
4. Partner with internal stakeholders to align hedging strategy with regional business needs and financial objectives
5. Build a strong and effective relationship with McCain Finance to deliver on commodities goals.
6. Present risk position and mitigation strategies to regional team finance and executive leadership
What youll need to be successful.
- Bachelors Degree in economics and finance MBA Preferred
- Must have: commodities hedge trading experience and knowledge in a major food business
Related Work Experience (Internal to the organization or external):
- Must have a minimum of 5-7 years commodities risk management experience in food industry and strong knowledge of commodity trading
- Must have exceptional data analytical skills and the ability to use data to drive best-in-class practices.
- Proven ability to influence cross-functional stakeholders in a global matrix environment
Compensation Package:$107600.00-$143500.00 USD annually bonus eligibility
The above reflects the target compensation range for the position at the time of posting. Hiring compensation will be determined based on experience skill set education/training and other organizational needs.
Benefits: At McCainwere on a mission to create a winning culture that puts employee safety and wellbeing at the heart of what we do every day. We understand and appreciate that each persons needs are unique and ensure our benefits & wellbeing programs reflect that. Employeesare eligible for the following benefits:health coverage (medical dental vision prescription drug) retirement savings benefits and leave support including medical family and bereavement. Wellbeing programs include vacationandholidays company-supported volunteering time and mental health resources. Coverages are aligned to country provincial and state governing plans and can vary by work level location and nature of the benefit details available during the application process.
Your well-being matters to us and were here to provide you with the necessary resources to support you in being your best self at work and at home.
McCain Foods is an equal opportunity employer. As a global family-owned company we strive to be the employer of choice in the diverse communities around the world in which we live and work. We recognize that inclusion drives our creativity resilience and success and makes our business qualified applicants will receive consideration for employment without regard to race religion color national origin sex age veteran status disability or any other protected characteristic under applicable law.
McCain is an accessible employer. If you require an accommodation throughout the recruitment process (including alternate formats of materials or accessible meeting rooms) please let us knowand we will work with you to find appropriate solutions.
Your privacy is important to us. By submitting personal data or information to us you agree this will be handled in accordance with McCains Global Privacy Policyand Global Employee Privacy Policy as applicable. You can understand how your personal information isbeing handled here.
Job Family:Procurement
Division:Global Procurement
Department:Global Commodities
Location(s): US - United States of America : Illinois : Oakbrook Terrace
Company:McCain Foods USA Inc.
Required Experience:
Exec
Employment Type
Full Time
