Global Head, Commodity Price Risk Management

Job Description

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 Snacking’s 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 Chain—bringing 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 for?

• 10+ yrs of experience in commodity price risk management, trading or finance

• Experience of leading and building a market risk and exposure management framework

• Strong financial modeling, analytical, and quantitative skills

• Proven ability to design, implement and execute hedging policies aligned with corporate risk appetite

• Collaboration with and understanding of cross-functional teams (procurement, supply chain, finance, commercial and others) to drive integration of PRM into the business and widen impact

• Strong business acumen to enable PRM to align with business strategy and drive impact

• Proven capability to influence senior leadership on risk appetite and market strategies

What will be your key responsibilities?

Commodity Risk Strategy

• Design and lead the company’s price risk management strategy, with a strong emphasis on cocoa beans and market exposure.

• Monitor global cocoa markets, including supply/demand dynamics, geopolitical

• developments, weather patterns, and regulatory changes impacting cocoa-producing

• regions.

• Partner closely with Commercial and Finance teams to align hedging activities with physical

• buying strategies, inventory levels, and cost forecasting.

• Lead strategy for hedging other commodities (dairy etc)

Hedging & Financial Risk Management

• Manage 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 & Analytics

• Lead 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 & Reporting

• Establish 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 Mars?
Work with diverse and talented Associates, all guided by the Five Principles. Join a purpose driven company, where we’re 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 experience. The total compensation package for this position will include variable pay, medical and dental benefits, participation in 401k plan, and paid time off benefits. Details 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 213,138.00 - USD 293,063.00