Senior Director, Dairy Risk Strategy & Hedging

Darigold; Seattle (WA); On-site; USD 190,000 - 270,000; Full time

Job summary

Darigold is seeking an experienced Senior Director of Dairy Commodity Risk Management to lead the company’s risk program, oversee trading and hedging, and partner with the B2B Commercial Team to protect margins.

This role reports to the CFO and collaborates with risk governance, portfolio managers, and legal to ensure policy compliance, disciplined risk limiting, and timely risk reporting. Strong derivatives knowledge is required.

Responsibilities

• Maintain and apply knowledge of Darigold's Corporate Risk Management Policy and applicable regulations.
• Support Finance & Risk Committee and senior leadership with policy amendments as market conditions evolve.
• Coordinate with General Counsel to ensure trading and hedging activities meet legal obligations.
• Participate in Finance & Risk Committee reporting on risk exposures and market conditions.
• Execute derivative transactions across dairy commodities (butter, cheese, whey, NFDM, milk powders, raw milk).
• Manage net open positions daily within VaR limits and monitor cascade of risk across the book.
• Monitor mark-to-market valuations daily and take corrective action when limits are approached or breached.
• Adhere to grace period requirements and escalate with rationale when exemptions may be needed.
• Enter derivative positions in the CTRM system per established deal-entry workflow.
• Design and execute hedging strategies to protect margins against adverse market moves.
• Manage inventory hedge timing and tenor aligned with turnover windows.
• Oversee forward sales hedges and match hedges to delivery months for core dairy products.
• Evaluate use of NDA Forward Milk Pricing Contract Program instruments within limits.
• Identify insight-driven trading opportunities and prepare proposals for CFO approval.

Job description

Darigold is seeking an experienced Senior Director of Dairy Commodity Risk Management to lead the company’s risk program, oversee trading and hedging, and partner with the B2B Commercial Team to protect margins.

This role reports to the CFO and collaborates with risk governance, portfolio managers, and legal to ensure policy compliance, disciplined risk limiting, and timely risk reporting. Strong derivatives knowledge is required.