Senior Price Risk Manager Energy

Mondelēz International; Birmingham; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking an Energy Risk Manager to lead the risk management of energy commodities. This role involves analyzing market dynamics, developing pricing strategies, and collaborating with various stakeholders to mitigate risks. The ideal candidate will have a strong background in risk management and trading, particularly in energy markets. Join a dynamic team dedicated to empowering consumers with high-quality snacks while driving your career forward in a global organization that values diversity and innovation.

Qualifications

• Minimum 6 years of experience in Commodities/Risk Management.
• Fluent in English; other languages like Spanish are a plus.

Responsibilities

• Analyze market factors and provide competitive intelligence.
• Develop price forecasts and manage commodity risks.

Skills

Risk Management

Trading

Macro-economic analysis

Cost Modeling

Stakeholder management

Presentation skills

Education

University Degree in Economics

Knowledge of commodity markets

Tools

Data Management

AI knowledge

Job description

Job Description

Are You Ready to Make It Happen at Mondelēz International?

Join our Mission to Lead the Future of Snacking. Make It Matter.

The Energy Risk Manager is accountable for risk management of energy commodities used in our products to best manage business margins.

Key Responsibilities:

• Provide competitive intelligence from external markets, business, industry engagement or participation, and liaise with Commodity Price Risk Management (CPRM) Research Specialist.
• Analyse fundamental factors such as supply, demand, production costs, competitive feedstocks.
• Analyse macroeconomic factors such as the impact of forex, political activity, the speculative community.
• Liaise with the CPRM Research Specialist to discuss points to be addressed, challenge analysis, and control coherence of analysis.
• Provide expertise on the external environment and the competitive landscape.
• Develop price forecasts and budget prices.
• Identify commodity risks and propose strategies or items from the Mondelēz International hedge toolbox to mitigate such as Futures, Options, Over-the-Counter markets, in accordance with compliance and stakeholders' preferences. Supports strategy alignment throughout all levels of leadership.
• Execute exchange-based trades & guide regions & BU procurement teams on physical trades.
• Administer approved coverage and price hedging strategies for Mondelēz International globally in compliance with regulations and best practices.
• Provide support for financial reporting of all trades in combination with regions & BU's reporting physical coverage.

What you will bring:

A desire to drive your future and accelerate your career with experience and knowledge in these areas:

• Risk Management/trading background, preferred experience in energy.
• Global energy markets, in particular crude oil, natural gas & electricity.
• Macro-economic analysis.
• Cost Modeling/Expanding hedgeability of physical exposures for consumers.
• Stakeholder oriented: your job serves the needs of many internal clients.
• Autonomous, proactive, team player, reliable.
• Good presentation skills: well-structured message with conclusions as to the impact on Mondelēz International.

What extra ingredients you will bring:

• Passion for commodity markets.
• Data Management/AI knowledge an advantage.
• Agility at work both time and place.

Education / Certifications:

• University Degree in a relevant discipline, such as Economics, Business & Finance.
• Strong knowledge & experience about commodity markets: futures and options markets.

Job specific requirements:

• Business experience of min. 6 years in Commodities/Risk Management.
• Preferably experience within the FMCG business.
• Fluent in spoken and written English, other languages e.g. Spanish are an advantage.

Location

This role can be based in Zug, Switzerland or Birmingham/Uxbridge, UK.

No Relocation support available.

Business Unit Summary: At Mondelēz International, our purpose is to empower people to snack right by offering the right snack, for the right moment, made the right way. That means delivering a broad range of delicious, high-quality snacks that nourish life's moments, made with sustainable ingredients and packaging that consumers can feel good about. We have a rich portfolio of strong brands globally and locally including many household names such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. We are proud to hold the top position globally in biscuits, chocolate and candy and the second top position in gum. Our 80,000 makers and bakers are located in more than 80 countries and we sell our products in over 150 countries around the world. Our people are energized for growth and critical to us living our purpose and values. We are a diverse community that can make things happen—and happen fast.

Mondelēz International is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation or preference, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Job Type: Regular Commodity Pricing and Risk Management Procurement