Global Head, Commodity Price Risk Management at Mars

Job Description:The Global Head Commodity Price Risk Management will lead our commodity risk strategy for Mars Snacking with a primary focus on cocoa beans and other key raw materials. This business critical role is responsible for protecting and enhancing Snackings financial performance by managing exposure to volatile commodity markets that support strategic commercial and operational goals. This role will be responsible for developing and executing comprehensive risk mitigation strategies that protect the business from market volatility while supporting margin stability and long-term growth.This role reports into the VP Mars Cocoa Enterprise and has direct line management responsibilities. The Global Head acts as the central connector across Finance Commercial and Supply Chainbringing together market insights exposure data and business priorities to drive aligned hedging and pricing decisions. They will leads structured proactive risk process by monitoring markets running scenarios coordinating hedge execution and translating complex commodity dynamics into clear guidance for stakeholders and leadership.What are we looking for10 yrs of experience in commodity price risk management trading or financeExperience of leading and building a market risk and exposure management frameworkStrong financial modeling analytical and quantitative skillsProven ability to design implement and execute hedging policies aligned with corporate risk appetiteCollaboration with and understanding of cross-functional teams (procurement supply chain finance commercial and others) to drive integration of PRM into the business and widen impactStrong business acumen to enable PRM to align with business strategy and drive impactProven capability to influence senior leadership on risk appetite and market strategiesWhat will be your key responsibilitiesCommodity Risk StrategyDesign and lead the companys price risk management strategy with a strong emphasis on cocoa beans and market exposure.Monitor global cocoa markets including supply/demand dynamics geopoliticaldevelopments weather patterns and regulatory changes impacting cocoa-producingregions.Partner closely with Commercial and Finance teams to align hedging activities with physicalbuying strategies inventory levels and cost forecasting.Lead strategy for hedging other commodities (dairy etc)Hedging & Financial Risk ManagementManage financial risk through effective use of derivatives (futures options swaps) aligned with corporate risk policies and risk appetite.Develop risk models and tools to measure exposure assess hedge effectiveness and optimize hedge ratios.Ensure all risk management programs comply with internal policies and external regulatory requirements.Market Intelligence & AnalyticsLead the development and distribution of market intelligence reports related to cocoa and broader commodity markets.Provide strategic insights to senior leaders and functional teams on commodity price outlooks risk scenarios and cost implications.Collaborate with Commercial Supply Chain Finance to drive data-based decision-making.Governance & ReportingEstablish and maintain clear governance structures for commodity risk decisions including executive-level reporting of exposure and risk mitigation performance.Create and maintain dashboards and reports to communicate price risk positions and financial impact across the organization.Serve as a key point of contact for internal audit external audit and compliance reviews related to financial risk management.What can you expect from MarsWork with diverse and talented Associates all guided by the Five Principles. Join a purpose driven company where were striving to build the world we want tomorrow today. A strong focus on learning and development support from day one including access to our in-house Mars University. An industry competitive salary and benefits package including company bonus.The base pay range for this position at commencement of employment is between the range listed below however base pay offered may vary depending on multiple individualized factors including but not limited to job-related knowledge skills and total compensation package for this position will include variable pay medical and dental benefits participation in 401k plan and paid time off of participation in these benefit plans will be provided if an applicant receives an offer of employment.The pay range shown is applicable to all locations listed within the job posting:USD 213138.00 - USD 293063.00Required Experience:Exec Key Skills Children Activity,Graphic Designing,Information Technology,FX,Airlines,Asic Employment Type : Full-Time Experience: years Vacancy: 1