Senior Manager, Commodities & Hedging

Reposted 20 Hours Ago
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Smithfield, VA, USA
In-Office
140K-183K Annually
Senior level
Food
The Role
The Senior Manager of Commodities & Hedging will conduct market research, develop hedging strategies, and provide insights on risk management, while also offering mentorship and collaborating across segments.
Summary Generated by Built In

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Have a seat at our table. When you join Smithfield, you become part of something special – a company that's sustainably feeding people around the world, producing good food the right way with respect for our people, animals, communities and planet. With opportunities across locations and functions, a culture grounded in our Core Four values - gratitude, communication, respect and accountability - and a strong commitment to learning, collaboration, and innovation, Smithfield offers challenging and rewarding careers where you can grow, contribute and make a real impact. Apply Now!

THE VALUE YOU’LL BRING:

The position summary states the general nature and purpose of the job. Overall accountabilities are defined in this section.

We are seeking a strategic and skilled professional to join our team as the Senior Manager of Commodities & Hedging. In this impactful role, you will contribute to the direction and performance of our commodities research and market analysis, providing insights that inform critical business decisions. You will support the development and execution of risk management strategies while collaborating closely with leadership to refine reporting and analytical capabilities. This position offers a great opportunity to work in a dynamic, global food industry environment. 

WHAT YOU’LL DO:

The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.

Market Research & Analysis: 

  • Conduct fundamental and technical market research on commodities relevant to Smithfield. 

  • Report data on pricing and supply-demand dynamics for key commodities in U.S. and global markets. 

  • Analyze financial information to forecast business, industry, and economic conditions and share findings with stakeholders. 

Risk Management & Hedging Strategy: 

  • Support the development and execution of hedging strategies across various commodity exposures. 

  • Assist in trade execution, position management, and reporting. 

  • Provide insights on market drivers to inform risk management. 

Data Aggregation & Communication: 

  • Gather critical data to aid in market strategy development. 

  • Present findings to stakeholders through impactful reports and presentations. 

Leadership & Collaboration: 

  • Provide mentorship and guidance to team members to foster professional development. 

  • Collaborate across business segments to deliver timely market intelligence. 

WHAT WE’RE SEEKING:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions.

  • Bachelor's Degree from an accredited four-year college or university in Business, Finance, Accounting, or a related field with 8+ years of relevant experience, or an equivalent combination of education and experience. 

  • 2+ years of demonstrated experience in team management/development or project leadership is required. . 

  • Strong analytical and problem-solving skills. 

  • Effective communication and decision-making abilities. 

OTHER SKILLS THAT MAKE YOU STAND OUT:

  • Proficiency in Microsoft Excel for running reports and queries. 

  • Strong verbal, written, interpersonal, and presentation skills. 

  • Ability to thrive in a fast-paced, dynamic environment while maintaining a respectful and team-oriented demeanor. 

IndSPR-Corp

The expected pay range for this position is $140,000 - $182,500 annually.

Smithfield Foods provides pay ranges that reflect its good faith estimate of the salary or hourly wage the company reasonably expects to pay for a position at the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate’s qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.

Relocation Package Available Yes

EEO Information

Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.

If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.

Skills Required

  • Bachelor's Degree in Business, Finance, Accounting, or related field
  • 8+ years of relevant experience
  • 2+ years of team management or project leadership experience
  • Strong analytical and problem-solving skills
  • Effective communication and decision-making abilities

Smithfield Foods Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Smithfield Foods and has not been reviewed or approved by Smithfield Foods.

  • Retirement Support Retirement support stands out as a strong component of the package, with a 401(k) match repeatedly characterized as competitive. This element is portrayed as a meaningful contributor to overall total rewards beyond base pay.
  • Healthcare Strength Healthcare offerings are described as comprehensive, including medical, dental, vision, prescription, disability, and life coverage. Insurance quality is often positioned as a notable strength relative to other parts of the employment experience.
  • Fair & Transparent Compensation Compensation is frequently framed as competitive for the industry, particularly for skilled trades and certain salaried roles. Overtime availability is depicted as a major lever that can materially increase take-home pay in many settings.

Smithfield Foods Insights

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The Company
HQ: Smithfield, VA
6,582 Employees
Year Founded: 1936

What We Do

Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others.

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