Are You Ready to Make It Happen at Mondelēz International?
Join our Mission to Lead the Future of Snacking. Make It Matter.
Our Commodity Price Risk Management (CPRM) team works to match hedging activities to pricing activities to protect our margins. We want coverage that protects our margins until the next pricing opportunity. In this role, you help the CPRM team analyze the commodity market and develop best-practice tools to forecast market prices.
How you will contribute
You will conduct monthly commodity analyses using the latest supply and demand data and best-in-class market price forecasts. These analyses will be used to help the CPRM team develop price risk management coverage strategy decisions. Based on the data you collect and the analyses you conduct, you will improve constraint optimization to develop new, future-focused price models and long-range price forecasts. In addition, you will track the CPRM team's KPIs
What you will bring
A desire to drive your future and accelerate your career with experience and knowledge in:
- Agricultural commodity research and commodity markets
- Analysis methods in an international environment
- Building market intelligence databases and developing sustainable, forward-looking price models
- Make or Buy and E2E analysis
- Mathematical and Excel expertise and/or knowledge of artificial intelligence
More about this role
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.
What you need to know about this position:
- 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
What extra ingredients you will bring:
Passion for commodity markets
Data Management/AI knowledge an advantage
Agility at work both time and place
Education / Certifications:
- 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.
Job specific requirements:
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
English Advanced
No Relocation support available
Business Unit Summary
At Mondelēz International, our purpose is to empower people to snack right by offering the right snack, for the right moment, made the right way. That means delivering a broad range of delicious, high-quality snacks that nourish life's moments, made with sustainable ingredients and packaging that consumers can feel good about.
We have a rich portfolio of strong brands globally and locally including many household names such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. We are proud to hold the top position globally in biscuits, chocolate and candy and the second top position in gum.
Our 80,000 makers and bakers are located in more than 80 countries and we sell our products in over 150 countries around the world. Our people are energized for growth and critical to us living our purpose and values. We are a diverse community that can make things happen-and happen fast.
Mondelēz International is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation or preference, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Job Type
Regular
Commodity Pricing and Risk Management
Procurement
Top Skills
What We Do
Mondelēz International, Inc. (NASDAQ: MDLZ) is an American multinational confectionery, food, and beverage company based in Illinois which employs approximately 90,000 individuals around the world. Our Purpose Our purpose is to empower people to snack right. We will lead the future of snacking around the world by offering the right snack, for the right moment, made the right way. Our Brands We’re leading the future of snacking with iconic brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Our People Our 90,000+ colleagues around the world are key to the success of our business. Our Values and Leadership Commitments of Love our Consumers and Brands, Grow Every Day, and Do What's Right shapes our culture – what we believe in, stand for, and what guides our actions and decisions. Great people and great brands. That’s who we are. Our Strategies We are uniquely positioned to lead the future of snacking with strong leadership in our categories, an unparalleled portfolio of global and local brands, and a solid footprint in fast-growing markets. Aimed at delivering sustainable growth, our strategic plan is centered around three strategic priorities: • Growth: accelerate consumer-centric growth • Execution: drive operational excellence • Culture: build a winning growth culture
Why Work With Us
We offer passionate, energetic and curious people a huge choice of careers in our fun, fast-paced, global business. We operate in four regions: Asia, Middle East & Africa; Europe; Latin America; and North America. And in over 80 countries our people are united in a common purpose to empower people to snack right.
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Mondelēz International Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
#TeamMDLZ Flexible Working Pledge: We Trust each other to work flexibly and productively We show Empathy, encouraging belonging and connection We are Mindful of making space and taking time
