Kellogg Manager, Procurement Risk Management in BATTLE CREEK, Michigan
As a Manager, Procurement Risk Management, you will play a key role in being an expert in the commodity markets and the various financial derivatives utilized to protect the company from adverse and volatile price movements. You will be responsible to balance risk and opportunities of commodity costs with the long-term goals of the business. This role will provide you with the opportunity to lead by developing risk management processes for commodity categories utilizing similar derivative instruments.
We are committed to continue shaping the future of our industry. We look forward to forging new paths and inspire new thinking, because we believe in helping people, striving for a better, brighter future. We focus on those with an entrepreneurial spirit and owner’s mindset as the key to success!
HERE’S A TASTE OF WHAT YOU’LL BE DOING
Market Research – In this role, you will perform market research and data gathering from various industry, government, and trade sources on Kellogg commodity exposures with a primary focus on corn, wheat, soybean oil, palm oil, sugar, oats, natural gas, diesel fuel, and cocoa.
Data Management – You will maintain the internal Kellogg Supply & Demand data as well as assist with data collection, modeling, analysis, and reporting of quantitative exercises that pertain to commodity risk exposure.
Strategy, Recommendations & Execution – You’ll assist in creating and editing various Kellogg Commodity Risk Management reports for strategic and corporate risk groups. You will communicate market information to strategic buyers, procurement leadership, and business leaders. You will construct appropriate hedge recommendations of futures / options to minimize costs and manage risk of minor Kellogg commodity exposures. Finally, you will execute the derivative strategies with cross-functional partners (Commodity Brokers, Banks, and Suppliers).
YOUR RECIPE FOR SUCCESS
Strong analytical capability in commodity research and/or trading
Knowledge of agriculture and energy supply & demand fundamentals
Understanding of financial derivatives (future, options, and OTC instruments) used to hedge price exposure and understanding the impact on Kellogg financial statements.
Excel & PowerPoint
Statistical Analysis, Option Price Modeling and Commodity Quote Systems
Master’s Degree, MBA or International Equivalent
CPG hedging experience
It’s best to apply today, because job postings can be taken down and we wouldn’t want you to miss this opportunity. To learn more about what’s next, click on one of the links below:
Kellogg K-Values at http://www.kelloggcareers.com/global/company-and-values.html
New Hire Benefits Guide at http://www.kelloggbenefitsguide.com/
THE FINER PRINT
The ability to work a full shift, come to work on time, work overtime as needed and the ability to work according to the necessary schedule to meet job requirements with or without reasonable accommodation is an essential function of this position.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
Where required by state law and/or city ordinance; this employer will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new employee’s Form I-9 to confirm work authorization. For additional information, please follow this Link at https://e-verify.uscis.gov/emp/media/resourcesContents/EverifyPosterEnglish.pdf for English or this Link at http://e-verify.uscis.gov/emp/media/resourcesContents/EverifyPosterSpanish.pdf for Spanish.
GROW With Us.
Title: Manager, Procurement Risk Management
Location: USA-MI-Battle Creek - Corporate Headquarters
Requisition ID: FIN003072
Job Function: Finance & Accounting
Job Type: Professional
Closing Date: Mar 9, 2019, 11:59:00 PM
Relocation Assistance: Yes