Lead global commodities risk management strategy, support teams with market insights, develop hedging strategies, and ensure alignment with financial objectives.
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 McCain's 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:
What you'll 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 you'll need to be successful.
Related Work Experience (Internal to the organization or external):
About McCain.
Click Here to learn more about McCain and how we provide you with opportunities to make an impact that matters.
Leadership principles.
At McCain, our leadership principles guide how we engage with customers, collaborate as a team, and achieve success. We focus on understanding customer needs, driving innovation, empowering people, and taking ownership to clear obstacles and deliver results.
The McCain experience.
We are McCain. This statement is a testament to our collective strength and our individual value. Your contributions play a vital role in our success. Our winning culture is rooted in authenticity and trust, empowering us to bring out the best in one another. Here, you'll find opportunities to learn, grow, and thrive. Join us and experience why we're better together.
Compensation Package : $107,600.00 - $143,500.00 US D 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 McCain, we're 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 person's needs are unique and ensure our benefits & wellbeing programs reflect that. Employees are 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 vacation and holidays, 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 role. Additional benefit details available during the application process.
Your well-being matters to us, and we're 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 stronger. All 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 know and 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 McCain's Global Privacy Policy and Global Employee Privacy Policy , as applicable. You can understand how your personal information is being 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.
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 McCain's 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 you'll 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 you'll need to be successful.
- Bachelor's 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
About McCain.
Click Here to learn more about McCain and how we provide you with opportunities to make an impact that matters.
Leadership principles.
At McCain, our leadership principles guide how we engage with customers, collaborate as a team, and achieve success. We focus on understanding customer needs, driving innovation, empowering people, and taking ownership to clear obstacles and deliver results.
The McCain experience.
We are McCain. This statement is a testament to our collective strength and our individual value. Your contributions play a vital role in our success. Our winning culture is rooted in authenticity and trust, empowering us to bring out the best in one another. Here, you'll find opportunities to learn, grow, and thrive. Join us and experience why we're better together.
Compensation Package : $107,600.00 - $143,500.00 US D 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 McCain, we're 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 person's needs are unique and ensure our benefits & wellbeing programs reflect that. Employees are 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 vacation and holidays, 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 role. Additional benefit details available during the application process.
Your well-being matters to us, and we're 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 stronger. All 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 know and 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 McCain's Global Privacy Policy and Global Employee Privacy Policy , as applicable. You can understand how your personal information is being 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.
Top Skills
Commodity Trading
Data Analytics
Risk Management
McCain Foods Oakbrook Terrace, Illinois, USA Office
Excellent access to the East-West (I-88) and Tri-State (I-294) Tollway, I-290, I-55, Route 83, and Butterfield Road. There are many restaurants and hotels varying across different levels within a one-mile radius of Oakbrook Terrace Tower.
McCain Foods Lincolnshire, Illinois, USA Office
McCain Foods McCain Grantham Plant Office
Easton, Grantham, Lincolnshire, United Kingdom, NG33 5AY
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