Senior Risk Management Analyst

Senior Risk Management Analyst

Aspire Bakeries is a North American baking company with a leadership position in specialty frozen baked goods. Formed from leading bakery companies, its innovative food portfolio includes breads, artisan breads, buns, cookies, donuts, muffins and pastries from beloved brands like,, and. With 13 bakeries in North America, we are committed to driving innovation, predicting upcoming consumer trends and flavors, and exceeding our customers expectations. Aspire Bakeries champions the values of Integrity, Ownership, Customer Focus, Creativity and Care to help us deliver on People Safety, Food Safety, Quality and Collaboration.

The Senior Risk Management Analyst is responsible for utilities and commodity, economic, and quantitative research/analysis to support the strategies and risk management operations for Aspire Bakeries commodity and energy management needs. This role will develop and enhance utilities & commodity risk management tools and models that allow for more effective strategy development and execution on futures/options markets & basis risks. This will play a key role in managing risk for co-manufacturing suppliers and financial hedging. The position has high growth potential over time and is strategically important to delivering Procurements cost of goods budgets within stated annual goals/objectives and is critical to the price stability of finished foods.

Responsibilities:

• Be involved in the utilities and commodities procurement, analysis, and hedging of all physical and financial commodities, maximizing savings through risk management.
• Manage/Monitor risk and hedges for all commodity spends for all North American facilities of Aspire Bakeries
• Be the point person for basic risk analysis for all categories and coverages as needed.
• Support the business units through the development of position reports, PPV models, and price forecasting tools.
• Responsible for system and database development, and the maintenance of audit traceable transaction records used in executing energy & commodity trades.
• Regularly review the impact of economic, trade flow, and market movements, assessing trends and providing insights to the Procurement team and business partners on underlying cost drivers.
• Create regular commodity reports to monitor market dynamics and potential price impacts to various categories.
• Contribute to the execution and monitoring of energy & commodity risk management strategies.
• Develop presentation tools to be used in the monthly Commodity Price Risk meetings and customer communication.
• Consolidate views on a variety of commodity markets for strategic category managers, procurement leadership, business unit leaders, and external customers.
• Train and coach team members necessary for the performance of duties and responsibilities.

Qualifications:

• Minimum Bachelors degree in Finance, Business, Applied Mathematics, Econometrics, Engineering or scientific discipline, Masters/MBA preferred.
• At least 3 years of experience in commodity risk management, hedging, market analysis, knowledge of derivatives, applied research, or modeling with an understanding of econometric techniques.
• Demonstrate working knowledge and experience of commodity and energy hedging within the food and agriculture, energy, or related industries.
• Advanced knowledge in energy, agriculture, softs, metals, and other commodity markets is a plus.
• Strong analytical, business process analysis, and problem-solving capabilities
• Strong knowledge of Excel/VBA-based coding, and SAP knowledge will be added value
• Persuasion and savvy negotiation skills
• Ability to manage conflict and ambiguity

Salary Range: $80,000 - $85,000

This position will be located at our Los Angeles or Chicago office or at one of our U.S. bakeries. This is not a 100% remote position.

Aspire Bakeries LLC values the contribution each Team Member brings to our organization. The final determination of a successful candidates starting pay will vary based on a number of factors, including, but not limited to location, shift, education, skill, and experience within the job or the industry. The pay scale listed for this position is generally for candidates that meet the specified qualifications and requirements listed In this specific job description. Additional pay may be determined for those candidates that exceed these specified qualifications and requirements. We provide a competitive compensation package that recognizes your experience, credentials, and education alongside a robust benefits program to meet your needs. For union-represented postings, wage rates and ranges are governed by applicable collective bargaining agreements.

Aspire Bakeries is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.