Job Description

Position Summary:

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.

Core Accountabilities/Outcomes:

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

Qualifications:

• 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

Job Tags

Similar Jobs