Commodities Risk Management Procurement Director

Unilever•Hoboken, NJ

1d•$227,700 - $398,475

About The Position

The Commodities Risk Management Procurement Director defines and leads the enterprise commodities risk-management strategy, operating model, governance and risk appetite across direct and embedded commodity exposures. The role protects margin and cash flow from price, basis and volatility risk, and serves as a strategic adviser to the Chief Procurement Officer and senior Finance and business leaders. It translates commodity-market dynamics, exposures and scenarios into executive decisions and establishes global frameworks for cover strategy, forecasting, hedging, risk management and performance reporting. The Director leads and develops a two-person Commodities Risk Management team, including one Manager-level direct report, with responsibility for approximately €450+ million of global commodity exposure. Working across Procurement and key functions, the role integrates physical procurement exposures with financial risk-management strategies, strengthens enterprise risk capability and advances CRM data, analytics, technology, modelling and organizational capability.

Requirements

University degree in Economics, Finance, Engineering or a related quantitative discipline.
Extensive senior experience in commodities risk management, procurement, trading, treasury, finance or a related field within a large, complex multinational organization.
Deep expertise in fundamental and quantitative commodity-market analysis, derivatives, hedging structures, basis and counterparty risk, exposure measurement, position management and performance attribution.
Demonstrated success designing and governing enterprise commodity-risk frameworks across physical and financial exposures, markets and regions, with experience at comparable commodity exposure and organizational scale.
Strong executive stakeholder and communication capability across Procurement, Treasury, Finance, Supply Chain, Legal, Audit and business leadership.
Ability to translate complex commodity exposures, market scenarios and derivative strategies into clear, commercially relevant recommendations.
Strong commercial and financial acumen, connecting commodity exposure, procurement, pricing, margin, hedge accounting, liquidity, cash flow and P&L outcomes.
Ability to set priorities, lead independently through ambiguity and volatility, understand diverse business contexts, balance strategic thinking with execution, build trusted senior stakeholder relationships and develop high-performing risk-management talent.

Nice To Haves

Experience across agricultural commodities, energy, commodity resins and industrial metals markets.
Experience applying quantitative models, alternative data and scenario analytics to commodity-risk decisions under volatile market conditions.
Experience with specialist commodity and treasury risk platforms, market-data services, forecasting tools or analytics solutions supporting exposure assessment, hedge execution, controls, decision-making and reporting.

Responsibilities

Lead, develop and empower the Commodities Risk Management team of two FTEs, including one Manager-level direct report, with responsibility for approximately €450+ million of global commodity exposure.
Own and continuously improve the enterprise commodities risk-management strategy, operating model, governance framework, delegated authorities, decision rights and risk appetite across material agricultural, energy and other commodity exposures.
Build market-intelligence and external-network capabilities to monitor supply-and-demand dynamics, basis, forward curves, volatility and macroeconomic developments, and produce timely price and risk forecasts.
Formulate and oversee cover and hedging strategies across physical contracts, listed derivatives, over-the-counter instruments and proxy hedges, including tailored solutions for less-liquid or imperfectly hedgeable exposures.
Identify opportunities to expand the CRM portfolio, eligible exposures and risk-management tools to improve execution, liquidity and counterparty oversight.
Integrate physical procurement exposures with financial risk-management strategies, partnering with Procurement portfolios and category buyers on sourcing decisions, supplier negotiations and contracting.
Work with Treasury, Finance and Accounting to align pricing, forecasting, liquidity and margin-protection decisions.
Advise the Chief Procurement Officer, senior Finance and business leaders, and relevant risk committees using exposure reporting, key risk indicators, scenarios, stress testing, hedge-performance analysis and forecast-accuracy analysis.
Provide commercially relevant recommendations on market risks, financial impacts and decision options.
Establish and enforce governance, limits, segregation of duties, trading mandates, counterparty limits, controls, hedge documentation and escalation protocols.
Partner with Middle Office and Operations to ensure accurate reporting, prevent speculative positions and maintain accounting, regulatory and audit compliance.
Advance CRM data, analytics, technology, modelling and organizational capability.