Commodity Risk Manager - Energy & Utilities
Job Description
You're not the person who will settle for just any role. Neither are we. Because we're out to create Better Care for a Better World, and that takes a certain kind of person and teams who care about making a difference. Here, you'll bring your professional expertise, talent, and drive to building and managing our portfolio of iconic, ground-breaking brands. In this role, you'll help us deliver better care for billions of people around the world. It starts with YOU.
Summary:
The key objectives of the Amplified Commodity Team are to strengthen market analysis and spend forecasting accuracy, and to protect the company's financial results in the most effective way. The team reports into the Director of Amplified Commodity Management and is accountable for establishing pricing visibility and reducing volatility on critical commodities ($4-5B of annual spend) to help drive effective BU decision-making in a timely manner.
The scope of the role will include conducting research and forecasting key commodities. trends and prices, plus the Commodity Risk Management of respective financial commodity derivatives (e.g., swaps, futures and options.). Key commodities under scope are Fiber, Nonwovens, Resins, Super Absorbent Materials, Energy & Utilities, and potentially other categories to be determined in the future. The key commodities will be assigned across the 3 commodity managers.
Business Priorities for Commodity Management Team:
Provides long-term price visibility (3-5 years) and advanced analytics on critical commodities.Provides research insights to support commodity hedging decisions, as well as dispensing advice to procurement teams in making sound buying decisions.Actively recommends and deploys volatility mitigation actions to minimize K-C's exposure.
Responsibilities:
Project Execution and Analysis - 90%
Analyze macro-economic trends and supply & demand outlook for portfolio commodities.Forecast long-term pricing movements leveraging advanced analytical techniques.Develop exposure forecasts for hedging activities.Develop and maintain standard processes for market research and price forecasting.Recommend volatility mitigation proposals with relative risk / reward (e.g., long-term contract vs. hedge, financial positions)Develop & maintain relationships with key industry players (e.g., banks) and peer companies to ensure the preferential flow of best practices and market insights.Report updates on commodity trends, K-C impact and positions / price to key stakeholders, including relaying complex information in an accessible format to senior management.Liaise closely with category managers to understand commodity requirements, ensure flow of information from suppliers and execute volatility mitigation strategies.
Capability Building- 10%
Develop commodity risk management capabilities with the Procurement function, Implement, and monitor related measures to increase enterprise strategic agility.Coordinate and facilitate community of practice activities to drive shared learnings across the function.
To succeed in this role, you will need the following qualifications:
Required Qualifications:
Bachelor's Degree in an economics, finance, business, mathematics or related discipline10+ years of experience hedging and risk management experience.Strong understanding of derivative valuation and hedge accounting requirementsPrior hedging and/or risk management experienceFamiliarity with commodity analysis and experience with commodities (Fiber, Nonwovens, Resins, Super Absorbent Materials, Energy & Utilities) preferred.Strong communication skills; able to relay complex issues in digestible, executive-level format.
Preferred Qualifications:
Advanced Excel and MS Office skills required; programming
Additional information about the compensation and benefits for this role are available upon request. You may contact 866-444-4516 for assistance. You must include the six digit Job # with your request.
Veterans and members of the Reserve and Guard are highly encouraged to apply.
For Kimberly-Clark to grow and prosper, we must be an inclusive organization that applies the diverse experiences and passions of its team members to brands that make life better for people all around the world. We actively seek to build a workforce that reflects the experiences of our consumers. When you bring your original thinking to Kimberly-Clark, you fuel the continued success of our enterprise. We are a committed equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, age, pregnancy, genetic information, citizenship status, or any other characteristic protected by law.
The statements above are intended to describe the general nature and level of work performed by employees assigned to this classification. Statements are not intended to be construed as an exhaustive list of all duties, responsibilities and skills required for this position.
Employment is subject to verification of pre-screening tests, which may include drug screening, background check, and DMV check.
Kimberly-Clark will support in-country relocation for the chosen candidate for the role, including assistance to obtain proper work authorization (remove if not applicable). The benefits provided will be per the terms of Kimberly-Clark's applicable mobility policies. The benefits/policy provided will decided in Kimberly-Clark's sole discretion.
Primary Location
USA-GA-Atlanta-Roswell
Additional Locations
Chicago Commercial Center, Neenah - West Office Facility 1, USA-TX-Dallas
Worker Type
Employee
Worker Sub-Type
Regular
Time Type
Full time