Director of Commodity Risk & Hedging Strategy

The Cheesecake Factory; Calabasas (CA); Hybrid; USD 180,000 - 280,000; Full time

Benefits offered by this job

Annual bonus

Equity grants

Benefits from day one

401K with company match

Vacation and sick time

Tuition reimbursement

Adoption assistance

Dining discount

Gift card program

Job summary

The Cheesecake Factory is seeking a Director of Commodity Risk Management to shape enterprise strategy across brands. This role protects margins, reduces forecast volatility, and translates market dynamics into actionable guidance for senior leaders.

You will start with agriculture-related exposures and expand across commodities, partnering with finance, operations, and accounting to align pricing, sourcing, forecasting, and hedging. This position follows a hybrid work model.

Qualifications

• Bachelor's degree in Finance, Economics, Supply Chain, Agricultural Economics, Business, or related field; advanced degree preferred.
• 10+ years of progressive experience in commodity risk management, commodity trading, agricultural markets, procurement, treasury, or related field.
• Direct experience developing and executing commodity risk management strategies in beef, cattle, agriculture, food, retail, packaging, CPG, or other physical commodity environment.
• Proven experience developing, implementing, and scaling commodity risk management programs, including governance frameworks, policies, controls, and performance measurement processes.
• Strong knowledge of commodity markets, derivatives, basis risk, forward curves, hedge ratios, liquidity, and physical-to-financial exposure management.
• Experience with market analysis, scenario modeling, position management, governance, and risk reporting.
• Experience leveraging commodity risk management, treasury, ERP, forecasting, or analytics platforms to support risk assessment, decision-making, and reporting.
• Demonstrated ability to translate complex market dynamics and risk exposures into clear business recommendations and influence senior leadership.

Responsibilities

• Develop and execute commodity risk management and hedging strategies aligned with business objectives, forecast needs, and enterprise risk appetite.
• Advise the business on market trends, pricing decisions, exposure risks, structure, and financial statement impacts.
• Partner with suppliers, finance, operations and accounting to connect physical exposures with financial risk management strategies.
• Evaluate futures, options, swaps, and other instruments; monitor supply/demand, basis, forward curves, and macro trends.
• Develop reporting on exposures, hedge strategy, scenarios, performance, and business implications.
• Establish governance, controls, documentation, escalation protocols, and performance measurements for risk management activity.
• Manage larger supplier partnerships and improve forward buying opportunities to reduce volatility.
• Quarterly reporting to Finance on actual costs and revised full-year forecast.

Skills

Expert in field

Critical thinking

Communication

Partnership building

Education

Bachelor's degree

Advanced degree preferred

Tools

ERP systems

Forecasting platforms

Analytics software

Job description

The Cheesecake Factory is seeking a Director of Commodity Risk Management to shape enterprise strategy across brands. This role protects margins, reduces forecast volatility, and translates market dynamics into actionable guidance for senior leaders.

You will start with agriculture-related exposures and expand across commodities, partnering with finance, operations, and accounting to align pricing, sourcing, forecasting, and hedging. This position follows a hybrid work model.