Commodities Pricing & Risk Management Intern

Reposted 23 Days Ago
Be an Early Applicant
Westchester, IL
In-Office
20-22
Internship
Food
The Role
The intern will support risk management using software tools, analyze agricultural yield losses, maintain sales volume reports, and identify process improvements.
Summary Generated by Built In

About Ingredion:

Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you’ve experienced our work in your favorite chocolate, your pet’s food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you’re just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.

Location: Westchester, IL

Workplace type: Hybrid

The Commodities Pricing & Risk Management Intern for Summer 2026 will be supporting the Sr. Director and broader Commodity Purchasing & Agri-Product staff as follows. The focal areas identified below may be changed to meet the needs of the collective Teams at the time of internship.

What you will do:
  • Support Ingredion’s deployment / testing / analysis & use of GrainSmart & Triple Point systems. The software is used for risk management analysis / metrics of Ingredion’s “Corn Position” across multiple supply chains and being of both financial and physical inputs.
  • Create a holistic project to determine / identify the sources of yield losses and the financial impacts on gross corn cost or reduced agri-product revenue. The project scope would include all US / Canada corn wet milling plants and include all grain types and all Agri-products.  
  • Sales Volume Hedging: Run and maintain a daily report to capture firm sales volume. Create the allocation sheets used to purchase corn futures, for both firm and customer-directed hedges. Maintain hedge tracker spreadsheets. Reconcile contract volume changes. Communicate with the contract team as needed.
  • Process Improvements: Identify opportunities for improvements to the department’s manual processes and develop solutions. Learn new systems that could help improve processes. Create new processes and/or automate existing processes through both formal and informal projects as needed. Work with IT as needed, acting as liaison between the Commodities department and IT by providing business case use and justification for improvement projects. Could include BUSHEL / SELL YOUR CORN / SAP interface to Triple Point for Agri-Products.  
What you will bring:
  • Progress towards a bachelor's degree in agribusiness or related field.
  • Course work in statistics / database’s / software systems / finance that demonstrate analytical capabilities.
  • Knowledge and interest in modern day agriculture / food systems / manufacturing.
  • Strong communication skills
  • Must be able to interact with a diverse group of individuals and communicate Ingredion’s sustainability goals in a clear and concise manner.
  • Demonstrated high proficiency with Microsoft programs (i.e. Word, Excel, PowerPoint) and database systems.
To be eligible for consideration, candidates must:
  • Currently possess unrestricted authorization to work in the United States. Ingredion does not intend to sponsor work visas with respect to this position or to provide this position as OPT or CPT.
  • Be a currently enrolled student in a Bachelor’s or Master’s degree program. If currently enrolled in an undergrad status, must have completed at least two years of coursework with status as a sophomore, junior or non-graduating senior.
  • If you have completed your degree, please consider other opportunities with Ingredion, posted at www.ingredion.com/careers.
Why Join Ingredion?

Discover why Ingredion is the ideal place to advance your career with our exception rewards and benefits package designed to help you thrive. Create the future with us and enjoy:

  • Total Rewards Package – competitive hourly salary based on your degree program. Housing stipends offered to students relocating 51+ miles from the Ingredion work location
  • Internship Program Events & Activities – programming catered toward career exploration, networking, and professional development - including the annual Capstone Summit at Ingredion HQ in Westchester, IL
  • Intern Mentor Program – pairing with a mentor to guide development and integration in Ingredion’s culture
  • Involvement in Ingredion’s Business Resource Groups – the conscience of the organization and an integral part to Ingredion’s Inclusion & Belonging strategy
  • Employee Recognition Program – a culture of real-time appreciation, with personalized recognition rewards globally
  • Employee Discount Program – provides exclusive discounts on everyday products, services, and travel

Pay Range: $20-22/hour

#wayup

We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability—mental or physical—marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law (“protected classifications”). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.

Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.

Relocation Available:

No

This pay rate is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any).

Benefits:

Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with a competitive company match .

Top Skills

Database Systems
Excel
Microsoft Powerpoint
Microsoft Word
Statistical Software
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The Company
HQ: Westchester, IL
7,337 Employees
Year Founded: 1906

What We Do

Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2022 annual net sales of nearly $8 billion, we turn grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers located worldwide and approximately 12,000 employees, we co-create with customers and fulfill our purpose of bringing the potential of people, nature and technology together to make life better.

Visit ingredion.com for more information and the latest company news.

To learn more about our career opportunities, please visit www.ingredion.com/careers.

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