Commodity Price Hedging Manager

Job Description
Are You Ready to Make It Happen at Mondelēz International?
Join our Mission to Lead the Future of Snacking. Make It Matter.
**Hybrid work schedule
The CPRM (Commodity Pricing Risk Management) team seeks to protects our margins until the next pricing opportunity. In this role, you work on all activities related to a commodity or region and are accountable for your execution of pricing decisions. You use your knowledge of the business unit's local commercial context with the global/regional and local commodities' market expertise.
The CPRM Energy & Packaging Risk Manager is accountable for risk management of global energies & packaging commodities used in our products to best manage business margins.
Key Responsibilities:

• Provide competitive intelligence from external markets, business, industry engagement or participation, and liaise with Commodity Price Risk Management (CPRM) Research Specialist
• Analyses of fundamental factors such as supply, demand, production costs, competitive feedstocks
• Analyses macroeconomic factors such as the impact of forex, political activity, the speculative community
• Liaises with the CPRM Research Specialist to discuss points to be addressed, challenge analysis, and control coherence of analysis
• Provide expertise on the external environment and the competitive landscape
• Develop price forecasts and budget prices
• Identify commodity risks and propose strategies or items from the Mondelēz International hedge toolbox to mitigate it such as Futures, Options, Over-the Counter markets, in accordance with compliance and stakeholders' preferences. Supports strategy alignment throughout all levels of leadership
• Executes exchange-based trades & guides regions & BU procurement teams on physical trades
• Administer approved coverage and price hedging strategies for Mondelēz International globally in compliance with regulations and best practices
• Provides support for financial reporting of all trades in combination with regions & BU's reporting physical coverage
• Supports Global Packaging Center of Expertise (COE) in development of open cost models & negotiations

Key Skills:

• Risk Management / trading background, preferred experience in energy & packaging upstream markets
  
  • Able to negotiate and influence business decisions to inspire change
  • Strong communication ability by articulating various perspectives and forecasting them into future
  • Strong written- verbal- and listening skills
  • Strong Analytical- Planning and Execution skills. High results-orientation.
  • Stakeholder oriented: your job serves the needs of many internal clients.
  • Autonomous, proactive, team player
  • Detailed and reliable
  • Good presentation skills: well-structured message with conclusions as to the impact on Mondelēz International.

What extra ingredients you will bring:

• Passion for commodity markets
• Data Management/AI knowledge an advantage
• Agility at work both time and place

Education / Qualifications:

• University Degree in a relevant discipline, such as Economics, Business & Finance
• Strong knowledge & experience about commodity markets: futures and options markets

• Business experience of min. 5 years in Commodities/Risk Management
• Preferably experience within the FMCG business
• Fluent in spoken and written English, other languages e.g. Spanish is an advantage

No Relocation support available
Business Unit Summary
The United States is the largest market in the Mondelēz International family with a significant employee and manufacturing footprint. Here, weproduce our well-loved household favorites to provide our consumers with the right snack, at the right moment, made the right way. We have corporate offices, sales, manufacturing and distribution locations throughout the U.S. to ensure our iconic brands-including Oreo and Chips Ahoy! cookies, Ritz , Wheat Thins and Triscuit crackers, and Swedish Fish and Sour Patch Kids confectionery products -are close at hand for our consumers across the country.
Mondelēz Global LLC is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected Veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law. Applicants who require accommodation to participate in the job application process may contact 847-943-5460 for assistance.
Job Type
Regular
Commodity Pricing and Risk Management
Procurement