Commodity Risk Manager, Energy & Packaging

Title : Commodity Risk Manager, Energy & Packaging

reporting into : Brian Sejersen

Location : 100VE - London

Work Level: 2B / 2C

About the Role :

• Manage direct and embedded energy and packaging commodity price risk as part of the commodity risk management group.
• Lead and own the global portfolio to:
• provide market analysis, fundamental and technical,
• run frequent price and volatility forecasting,
• implement hedging strategies through use of listed derivatives, OTC products, or proxy hedges in compliance with internal policies and hedge accounting principles.

• Key Responsibilities:
• Conduct fundamental research and analyze trends in energy-, packaging and related macro markets and provide market price forecasts for all materials under scope – generate insights from all known sources and communicate to the business and CRM group.

• •Formulate and implement a strategy to address business risk exposure under all aspects of price, duration, and volatility.
• •Show diligence in the reporting accuracy of coverage and work with Middle office and operations teams to drive for timely and accurate reports. Challenge the status quo and own your portfolio.
• •Lead in the expansion of the portfolio and explore proxy hedging through related commodities.
• •Partner with procurement buyers and provide guidance in the physical procurement process, supplier negotiation, and contracting.
• •Provide training and support to internal stakeholders and management on markets and risk management strategies.
• •Develop a strong industry network with suppliers and traders and gather intelligence from market reports.
• •Engage business stakeholders to communicate the view of CRM and the strategy. Show curiosity to understand the business context in each market and provide relevant solutions.

Key Challenges:

• •Relaying complex information on markets, strategy, and price forecasts to key stakeholders in a simple format.
• •Providing risk management solutions for Unilever’s diverse business needs and risk profiles.
• •Searching for opportunities to expand the scope of CRM both in terms of tools used and scope. This will involve a commitment to a high degree of diligence and research.

Professional Skills:

• •In-depth market knowledge and experience in energy and packaging commodity markets, ideally with a focus on crude oil, refined products, and resins.
• •Highly numerate with strong excel skills and passion for fundamental and quantitative analysis.
• •Clear communication skills with ability to condense complex market knowledge into simple information.
• •High achieving, independent individual with strong problem-solving skills and entrepreneurial spirit.

Experience Required:

• University degree in Economics, Finance, Engineering
• At least 5 years’ experience in physical/financial trading, commodity research, or industry CRM.

NOTES

What We Offer

Not only do we offer a competitive salary and pension scheme, we also offer an annual bonus, subsidised gym membership, a discounted staff shop and shares. You’ll have the opportunity to work directly with our renowned and exciting brands in a flexible and hybrid working environment.

Whilst the role is advertised on a full-time basis, we would be happy to discuss possible flexible working options and what this may look like for you. We are a key advocate of wellbeing and offer a variety of support for our people including hubs, programmes and development opportunities. We strive to achieve a family-friendly and inclusive workplace and to, above all, create possibilities for all.

Diversity at Unilever is about inclusion, embracing differences, creating possibilities and growing together for better business performance. We embrace diversity in our workforce. This means giving full and fair consideration to all applicants and continuing development of all employees regardless of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage and civil partnership, and pregnancy and maternity. We are also more than happy to provide reasonable adjustments during our application and interview process to enable you to be present your best self. To find out more, including about our Employee Resource Groups, please click here Equity, Diversity & Inclusion at Unilever | Unilever.

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