Director, Treasury - Commodity Risk Management

Position Summary

The Director, Commodity Risk Management develops and executes commodity risk management strategies, ensures compliance with company standards, and fosters continuous improvement. This role helps the business identify, measure, and manage commodity price risk, reduce forecast variability, and support stronger business decisions. The Director will initially focus on agriculture-related exposures, with the opportunity to expand into additional commodities over time. This highly visible role partners across business, finance, treasury, and accounting teams to translate complex market dynamics into clear recommendations, align pricing decisions with risk management and hedging strategies, and build a disciplined commodity risk management capability at enterprise scale.

The Commodity Risk Management function sits within Global Treasury and plays a vital role in supporting Walmart’s financial risk priorities by analyzing and managing exposure to commodity price fluctuations. This team integrates market insights with business decisions, exposure analysis, and hedging strategies, collaborating closely with commercial, finance, and treasury stakeholders. Their work ensures informed decision‑making and effective risk mitigation. The team’s expertise in corporate finance, forecasting, business planning, and risk management drives Walmart’s ability to optimize operational performance in a dynamic market environment.

• 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 across merchants, finance, treasury, and accounting to connect physical commodity exposures with financial risk management strategies
• Evaluate futures, options, swaps, and other instruments; monitor fundamentals including supply and demand, basis, forward curves, and macroeconomic trends
• Develop reporting on exposures, hedge strategy, scenarios, performance, and business implications
• Establish governance, controls, documentation, escalation protocols, and performance measurement for risk management activity
• Identify opportunities to improve forecasting accuracy, reduce volatility, and strengthen business planning

• Direct experience developing and executing commodity risk management strategies in beef, cattle, agriculture, food, retail, CPG, or another physical commodity environment
• Proven ability to develop and implement risk management strategies aligned with business objectives
• Strong knowledge of commodity markets, derivatives, basis risk, forward curves, hedge ratios, liquidity, and physical-to-financial exposure management
• Proven ability to advise senior leaders, simplify complex risk concepts, and influence decisions with data‑driven insights
• Experience with market analysis, scenario modeling, position management, governance, and risk reporting
• Strong cross‑functional partnership skills across commercial, finance, treasury, and controllership teams
• Experience managing external relationships with banks, brokers, advisors, exchanges, or commodity market participants

Bachelor’s degree in Business, Finance, or related field and 5 years’ experience in financial services, retail analytics, retail finance, or relevant area OR 7 years’ experience in financial services, retail analytics, retail finance, or related area.

1 year’s experience leading and completing cross‑functional projects.

2 years’ supervisory experience.

Master’s degree in Business Administration or Finance, Strategic Planning, Using intermediate functionality of Microsoft Office.

The annual salary range for this position is $ - $. Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include:

• Stock

703 Associate Dr, Bentonville, AR 72716, United States of America

Walmart, Inc. is an Equal Opportunity Employer
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