LouisvilleKYRecruiter Since 2001
the smart solution for Louisville jobs

Director, Commodity Risk Management

Company: SERHUM CONSULTORIA EM RH
Location: Louisville
Posted on: April 9, 2021

Job Description:

Tracking Code 213833-886 Job Description Restaurant Supply Chain Solutions, LLC, a Yum! Brands Co-op, is currently seeking a Director to join the Commodity Risk Management Team in Louisville, KY. Overview of the Position:The Director is a key role within the Commodity Risk Management team that manages $3.7 billion of commodity risk management spend for the Yum! Brands system. The Director leads efforts to expand risk management initiatives across various functions to mitigate price risk, lock-in profitable margins and provide competitive pricing relative to key benchmarks. Participation in key system wide projects and analytical assessments of various commodity markets, supply chain initiatives and government policies are a vital function of this role. The delivery of innovative solutions to complex problems is essential in this role. The position reports to the Senior Director, Commodity Risk Management.Position Responsibilities:

  • Deliver on all financial objectives:
    • Lead key commodity categories and collaborate with all stakeholders to deliver ingredient margins favorable to targets and to manage ingredient cost favorable to market benchmarks. Assist the procurement team in providing supply assurance.
    • Favorably manage the cost of goods sold (COGS) inflation compared to benchmarks by using analytics and key market fundamental and technical information.
    • Lead the commodity risk management categories for corn, soybean meal, canola oil, soybean oil, secondary oil and secondary wheat as well as collaboratively provide input on other key commodities hedged within the team. Category ownership includes:
      • Directing the category risk management program with all suppliers by coordinating hedge strategies, risk management tools, volumes and hedge adjustments into product pricing.
      • Managing the order entry functions for all directly managed commodities; including basis and mill-feed credits for wheat-based products and basis for soybean and canola oils.
      • Proactively being responsible for maintaining accurate and timely data inputs into the RSCS Planning and Risk Integrated Supply Management (PRISM) system that tracks commodity positions and the cost of goods sold.
      • Proactively assess price risk by building analytical models based on fundamental supply and demand variables for all key commodities.
      • Validating commodity risk management positions are reflected in the cost bars communicated to buyers by suppliers.
      • Leading the board of director strategy meetings and conference calls for managed categories.
      • Being the category expert on corn, soybean meal, canola oil, soybean oil, secondary oil and secondary wheat risk management along with other commodities as assigned by the Sr. Director of Commodity Risk Management. This includes the understanding of agricultural production practices and commodity supply chains.
      • Assist with the expansion of risk management initiatives for packaging products including corrugate and polypropylene.
        • Proactive leadership of categories and technology:
          • Utilize the PRISM system to maximize the profitability of RSCS members by analyzing data and utilizing advanced analytics to ensure accurate ingredient cost.
          • Input all commodity risk management data into the PRISM system and ensure accuracy including properly articulating and accounting for commodity option positions in financial summary tables.
          • Create commodity market communications for the board of directors and internal stakeholders that provides updates on commodity market price direction, strategies and the impacts to the COGS.
          • Facilitate the development of strategic hedge plans, which includes thoroughly studying statistical correlations and risk associated with hedging in various markets.
          • Create timely and accurate monthly Hedge Summary reports.
          • Facilitate government affairs initiatives related to ethanol, biodiesel, renewable diesel fuel, dairy and trade policies.
          • Collaborate and innovate with the procurement team to source raw materials and ingredients at a savings to members.
          • Develop hedging programs for non-exchange listed ingredients such as starches and sweeteners.
          • Lead or participate on special project teams, as needed.
          • Utilize Excel to compile, sort and analyze large sets of data to deliver savings to stakeholders. Advanced Excel skills preferred.
          • Requires travel - 5% to 10%. Required Skills
            • Candidate will be a leader of WC 2 values and proactively drive business solutions based on the following expectations:
              • Integrity
                • Uncompromising adherence to being honest, truthful and ethically strong at all times.
                • Ability to garner trust and respect of all constituents, while managing tight timelines in a dynamic environment.
                • Ability to make decisions
                  • Ability to develop and make strategic solution decisions with partial information and during volatile time periods.
                  • Ability to think strategically and entrepreneurially, while keeping an eye on tactical execution.
                  • Proactive
                    • Candidate will have an extremely high level of ambition and motivation for success, will be solutions oriented, results driven and a self-starter.
                    • High technological proficiency and strong willingness to embrace new and efficient analytical initiatives.
                    • Breakthrough results
                      • Candidate will have the innate curiosity to use data to make decisions and will be able to lead and influence.
                      • Candidate will embrace change and new technologies to drive results.
                      • High expectations of stakeholders
                        • Ability to be highly analytical, yet convey complex statistical models and market dynamics in a common-sense language.
                        • Comfortable working in a fast-paced environment with the ability to shift gears quickly.
                        • Strong organizational skills, including ability to prioritize. Flexibility and adaptability to change is crucial.
                        • Candidate will promote and champion the RSCS World Class with Class Values (WC 2 ) by acting with integrity, delivering breakthrough results, being transparent and collaborate, recognize and celebrate, being humble & respectful, serve our members and pursue growth and lifelong learning. Required Experience
                          • Bachelor's degree required with emphasis in Agricultural Economics or strong understanding of agricultural markets. Master's or MBA preferred.
                          • Minimum of 5 to 10 years of experience in a position related to agricultural commodity risk management. Prefer experience managing grain or vegetable oil commodities.
                          • Strong understanding of agricultural production practices or farm experience is preferred.
                          • Experience with risk analysis and a complete understanding of futures, options, and OTC structures.
                          • Excellent interpersonal skills, including strong verbal and written communication skills. Job Location Louisville, Kentucky, United States Position Type Full-Time/Regular

Keywords: SERHUM CONSULTORIA EM RH, Louisville , Director, Commodity Risk Management, Executive , Louisville, Kentucky

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Executive Jobs


Project Manager
Description: Job Title:--Project ManagerJob Location: Louisville, KY or RemoteDuration: Long-Term Contract Job Description: Brooksource is seeking an experienced Project Manager to join the largest pizza delivery (more...)
Company: Brooksource
Location: Louisville
Posted on: 04/21/2021

Medical Director Physician - Louisville, Kentucky - High Compensation and Sign-On Bonus
Description: ul li Geriatric Care for Seniors in Louisville, Kentucky li Medical Director Physician li Great central neighborhood li Join an expanding state-of-the-art
Company: Integrity Healthcare
Location: Louisville
Posted on: 04/21/2021

Client Success Manager
Description: Client Success ManagerVirtual Peaker is looking for a Client Success Manager that will help solve the climate crisis by supporting our mission of building the utility of the future. The intermittent nature (more...)
Company: Virtual Peaker
Location: Louisville
Posted on: 04/21/2021


Assistant Retail Store Manager Great Mall Milpitas Milpitas, Ca
Description: Contribute to the sales profitability
Company: Swarovski Retail Ventures
Location: Madison
Posted on: 04/21/2021

Restaurant General Manager
Description: We Are Still Open, Growing, and Hiring Get Into the Burrito Business Last year, we promoted 11,000 Crew Members to Managers. This year, we don''t plan on stopping. In 2021, we''re adding 200 new restaurants (more...)
Company: Chipotle
Location: Louisville
Posted on: 04/21/2021

Restaurant General Manager
Description: We Are Still Open, Growing, and Hiring Get Into the Burrito Business Last year, we promoted 11,000 Crew Members to Managers. This year, we don't plan on stopping. In 2021, we're adding 200 new restaurants (more...)
Company: Chipotle
Location: Louisville
Posted on: 04/21/2021

Physician - General Practice - Medical Director (Behavioral Health)
Description: Molina's Behavioral Health function provides leadership and guidance for utilization management and case management programs for mental health and chemical dependency services and assists with implementing (more...)
Company: Molina Healthcare
Location: Louisville
Posted on: 04/21/2021

Physician - General Practice - Medical Director (Behavioral Health)
Description: br Molina's Behavioral Health function provides leadership and guidance for utilization management and case management programs for mental health and chemical dependency services and assists with implementing (more...)
Company: Molina Healthcare
Location: Louisville
Posted on: 04/21/2021

Assistant Retail Store Manager Great Mall Milpitas Milpitas, Ca
Description: Contribute to the sales profitability
Company: Swarovski Retail Ventures
Location: Louisville
Posted on: 04/21/2021

Medical Director (Physician #)
Description: Brand new opening for a Medical Director/Psychiatrist in Clarksville,
Company: Cambridge Medical Professionals
Location: Clarksville
Posted on: 04/21/2021

Log In or Create An Account

Get the latest Kentucky jobs by following @recnetKY on Twitter!

Louisville RSS job feeds