Global Head, Commodity Price Risk Management
The Global Head, Commodity Price Risk Management will lead our commodity risk strategy for Mars Snacking, with a primary focus on cocoa beans and other key raw materials. This business critical role is responsible for protecting and enhancing Snacking's financial performance by managing exposure to volatile commodity markets that support strategic, commercial and operational goals. This role will be responsible for developing and executing comprehensive risk mitigation strategies that protect the business from market volatility while supporting margin stability and long-term growth.
This role reports into the VP Mars Cocoa Enterprise, and has direct line management responsibilities. The Global Head acts as the central connector across Finance, Commercial, and Supply Chainbringing together market insights, exposure data, and business priorities to drive aligned hedging and pricing decisions. They will lead structured, proactive risk process by monitoring markets, running scenarios, coordinating hedge execution, and translating complex commodity dynamics into clear guidance for stakeholders and leadership.
What We Are Looking For
10+ yrs of experience in commodity price risk management, trading or finance
Experience of leading and building a market risk and exposure management framework
Strong financial modeling, analytical, and quantitative skills
Proven ability to design, implement and execute hedging policies aligned with corporate risk appetite
Collaboration with and understanding of cross-functional teams (procurement, supply chain, finance, commercial and others) to drive integration of PRM into the business and widen impact
Strong business acumen to enable PRM to align with business strategy and drive impact
Proven capability to influence senior leadership on risk appetite and market strategies
Key Responsibilities
Commodity Risk Strategy
Hedging & Financial Risk Management
Market Intelligence & Analytics
Governance & Reporting
What can you expect from Mars?
Work with diverse and talented Associates, all guided by the Five Principles. Join a purpose driven company, where we're striving to build the world we want tomorrow, today. A strong focus on learning and development support from day one, including access to our in-house Mars University. An industry competitive salary and benefits package, including company bonus.
The base pay range for this position at commencement of employment is between the range listed below, however, base pay offered may vary depending on multiple individualized factors, including but not limited to job-related knowledge, skills, and experience. The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits. Details of participation in these benefit plans will be provided if an applicant receives an offer of employment.
The pay range shown is applicable to all locations listed within the job posting : USD 213,138.00 - USD 293,063.00
Commodity Management • Chicago, IL, US