Job Summary

A Procurement Commodity Manager at IFF (International Flavors & Fragrances) typically focuses on managing and mitigating risks associated with commodity trading and procurement.

Key Responsibilities:

Risk Assessment: Analyze and monitor market trends, price movements, and supply chain risks for various commodities (Palm oil, Soybean Oil, Sunflower Oil & Rapeseed oil).Project management: Support on global projects, tracking and data analysis.Data Analysis: Utilize statistical models and data analysis tools to forecast commodity prices and assess risk exposure.Reporting: Prepare detailed reports and present findings to senior management and stakeholders.Collaboration: Work closely with procurement, finance, and trading teams to align risk management practices with business objectives.Compliance: Ensure compliance with internal policies and external regulations related to commodity trading.

Essential Skills:

Analytical Skills: Strong ability to analyze complex data and market trends.Understanding commodity oils and derivatives: In-depth knowledge of market dynamics, value chain, and financial tools.Attention to Detail: Precision in monitoring and reporting risk factors.Communication: Excellent verbal and written communication skills for effective reporting and collaboration.Technical Proficiency: Proficiency in using risk management software, statistical tools, and data analysis platforms.Problem-Solving: Ability to develop innovative solutions to mitigate risks.Teamwork: Strong collaborative skills to work effectively with cross-functional teams.

Experience > 7 years
Average time in position > 5 years Training / Certifications Ariba, SAP, BW

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more