Associate Director Commodity

Tyson Foods; Springdale (AR); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Paid time off

401(k) plan

Health insurance

Dental insurance

Vision insurance

Prescription drug benefits

Job summary

Tyson Foods is seeking a seasoned commodity risk professional to partner with business units to identify, quantify and manage commodity risks using forward transactions across financial, physical and structured approaches. The role executes hedge strategies for pork, beef, dairy programs, reconciles positions with back office, and coordinates currency transactions with treasury.

The candidate will provide market commentary, support monthly risk discussions, and advise the VP of Sourcing and Risk

Qualifications

• Bachelor degree in a discipline directly related to the position.
• 5+ years' experience in commodity markets.
• Excellent verbal and written communication skills.
• Travel: 1-5 domestic trips per year.

Responsibilities

• Identify, quantify and manage commodity risks using forward transactions across financial, physical, structured or other methodologies.
• Execute risk management strategies for prepared foods, pork belly, hedge programs and related commodities.
• Coordinate compliance with treasury, reconcile positions with back office, and manage currency transactions and hedge settlements.
• Provide market commentary and trade recommendations to the VP of Sourcing and Risk Management; support monthly risk management activities.

Skills

Communication skills

Verbal communication

Written communication

Computer skills

Education

Bachelor degree in a discipline directly related to the position

Job description

Job Details

This position is responsible for working with business units to identify, quantify and manage commodity risks using forward transactions whether financial, physical structured or any other methodology. Other responsibilities include the execution of risk management strategies on behalf of the risk management department for prepared foods, pork belly, freezer programs, butter and milk, hedge programs; reconciling positions against back office, coordinating compliance of risk parameters with the treasury group, coordinating all aspects of currency transactions, structuring and executing hedge transactions as necessary for all programs such as hog and cattle, boxed beef, boxed pork, foreign exchange, forward contracting and the Pork Group. In addition, this position ensures timing of hedge liquidations, preparations regarding monthly risk management, committee meetings and supporting the VP of Sourcing and Risk management in all other aspects necessary whether perpetual or ad hoc; facilitates positions with finance teams to insure accuracy; report closed results and MTM situations of positions; facilitates cash settlements of hedges including swaps internal and external markets; FX transactions coordinate with treasury applications associated with such; support VO Sr Trader with various reports trading files pork groups files etc.; maintain refine and update protein supply and demand fundamental decks. Provides commentary and opinion of market in all appropriate settings such as Business Unit meetings, weekly risk management meetings and daily morning meetings and provides personal analysis and trade recommendations to the VP as appropriate.

Requirements

• Education: Bachelor degree in a discipline directly related to the position.
• Experience: 5 plus years' experience in commodity markets.
• Computer Skills: Intermediate computer skills.
• Communication Skills: Excellent verbal and written communication skills.
• Travel: 1-5 domestic trips per year.
• Relocation Assistance Eligible: Yes.
• Work Shift: 1ST SHIFT (United States of America)
• Supervisory: NA.
• Certain roles at Tyson require background checks. If you are offered a position that requires a background check you will be provided additional documentation to complete once an offer has been extended.

Tyson is an Equal Opportunity Employer. All qualified applicants will be considered without regard to race, national origin, color, religion, age, genetics, sex, sexual orientation, gender identity, disability or veteran status.

We provide our team members and their families with paid time off; 401(k) plans; affordable health, life, dental, vision and prescription drug benefits; and more.

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