The Commodity Trader I will provide analysis, market strategy, and hedge execution for core commodity categories across the dairy category. The manager is a data focused role providing input into Commodity Strategies, implementation of those strategies, and tracking the financial results of the Inspire Supply team. This position will provide updates to management on key performance metrics and help execute commodity strategies created along with the rest of the risk management team.
This person is this role will need to be within commutable distance to the Atlanta Support Center and come into the office 4 days a week.
RESPONSIBILITIES
Commodity Management strategy
Analyze and forecast prices of dairy commodities using fundamental and technical (charting) analysisTrack, calculate, and verify the performance of strategies against actual pricingFormulate recommendations on commodity management strategies across the dairy space.Execute strategies within commodity markets in a timely and efficient mannerRisk Management strategy
Identify and Quantify risks to dairy commodities (e.g. tariffs, geopolitical instability, disease) the impact of these risks to Inspire BrandsDevelop a mitigation strategy for these risks consistent with the risk posed utilizing a combination of risk management strategies that could include: forward fixed contracts, futures/options positions, or hedge proxiesEducate and update leadership on these risks, periodically updating management as risk changesDevelop commodity forecasts of up to 24 months in alignment with business needs and taking into consideration current and future hedgesSupport synergy capture
Support Procurement and Commodity Management team in identifying potential costs savings initiativesWork with multiple brands and their supplier base(s) in order streamline risk management initiatives and achieve synergies across dairy commoditiesWrite associated business case for justification and pitch to internal stakeholdersImplement as approved and monitor performance of commodity-based synergy initiativesPartner with cross functional stakeholders
Provide them with necessary commodity data and analysis to support strategic goals, assist with RFPs, and price change negotiationsFollow relevant news sources on information about the global dairy markets important to Inspire and spread appropriate information to others within the organizationAssist with reporting key market events and the creation of a routine market update report disseminated to Inspire Brand StakeholdersOther tasks as assigned by management
EDUCATION & EXPERIENCE QUALIFICATIONS
BS in Business, Supply Chain, Finance, Economics or other equivalent and relevant to perform this function requiredMS in Business, Supply Chain, Finance, Economics or similar field preferred4 - 6 years of Commodity trading, risk management or relevant supply chain experience Experience in dairy risk managementREQUIRED KNOWLEDGE, SKILLS or ABILITIES
People and results orientedAttention to detail and the accurate handling of large volumes of dataExcellent presentation, written communication, and oratory skillsDeep analytical skills focused on agricultural markets and fundamental Supply and Demand AnalysisExpert working knowledge in Excel and Power PointWorking knowledge of Bloomberg, CQG, Eikon, Prophet X or other charting programs a plus Comfortable working in a dynamic environment with shifting prioritiesA passion for commodity markets, risk management, and trading
We’re made up of some of the world’s most iconic restaurant brands, but we’re much more than just a restaurant company. We’re a team of hundreds of thousands who individually and collectively are changing the way people eat, drink, and gather around the table. We know that food is much more than a staple—it’s an experience. At Inspire, that’s our purpose: to ignite and nourish flavorful experiences.