Manager Commodity Price Risk Management; CPRM Cocoa; m​/f​/d

Commodity Price Risk Management (CPRM) is a dedicated team working on how to match hedging activities to pricing activities in order to protect our margins. As a general rule, we seek coverage that protects our margins until the next pricing opportunity.

• Provide competitive intelligence from external market, business, industry engagement
• Formulation of market outlook and price risk strategy (physicals)
• Coordinate RMM, formulate & prepare monthly RMM & PNOC deck
• Provide Commodity Economic Forecasts, incl. risk assessment (volatility)
• Bridge commodity impacts/forecasts/strategies to regional/category/global financial budgets
• Partner cross‑functionally with Spend Area to optimize E2E value delivery, incl. support on productivity to meet joint KPI on productivity
• Collaborate with SA to optimize execution of approved Cocoa Bean and Cocoa Butter strategies & supplier negotiation
• Support SA on various topics (Blend changes, Washout of contracts, external financing, etc.)
• Coach / Train SA newcomers on processes, vendor approach, way of working, Kiodex, Ofi shared site, etc.
• Lead market intelligence on Cocoa Butter and Cocoa Bean differential, formulate and propose strategies at PNOC
• Position control:
  Global Butter Ratio and Global Cocoa Beans Diffs, incl. managing switch exposure, price fixation
• Manage switch exposure by maintaining position overview and executing switches
• Global Butter ratio & Global Bean exposure
• Identify commodity risk and establish strategies/tool box to mitigate it (forward price contracts, inventory builds and spot buying)
• Understand external and competitive landscape
• Take a strategic long‑term view of commodity markets in identifying and developing margin protection/retail pricing opportunities
• Provide spend area baseline and forecasts, incl. risk assessment (volatility)
• Partnership cross‑functionally in defining leading edge spend management and optimized value delivery
• Build commodity‑specific strategies in alignment with the spend areas/regions
• Execute price fixations (send EFP orders to broker, files to CMaas to update Kiodex, trade log)
• Execution of switch buying (contract allocations, Kiodex, rolling of physical bean position, etc.)
• Strong participation in work streams
• Engage in IT system implementation (e.g., Kiodex, Governance Team, Project Quantum)

• University degree (agronomy, engineering, economics, finance)
• Business experience of at least 5 years in Commodity Price Risk Management
• Strong knowledge of agricultural commodity markets: futures and options markets
• Experience in Cocoa Trading and Research
• Preferred experience in the Cocoa/Chocolate industry
• Excellent analytical skills / strategic thinking
• Ability to deal with ambiguity
• Stakeholder focus / informing
• Fluent English (spoken and written)

Job Type: Regular – Commodity Pricing and Risk Management / Procurement

Mondelēz International is an equal‑opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation or preference, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.