What are the responsibilities and job description for the Manager, Global Risk Management - Decatur, IL position at ADM?
Global Commercial Risk and Affordable Nutrition Manager, Specialty Ingredients
Decatur, IL
Position Summary
Within the Nutrition business segment, the Specialty Ingredients business has a mission to be a leader and trusted partner in sustainably delivering high quality, nutrition solutions to a growing world. With its processing plants located throughout the world, the Unit’s ingredient product lines are produced across the world and utilizes various intermediates to produce its product lines.
The global commercial risk and affordable nutrition manager offers a unique experience – managing raw material and currency risk while accelerating a new business - Affordable Nutrition.
With risk management, the manager is responsible for driving excellence in raw material purchasing as well as managing overall raw material exposure. The position will develop and execute purchasing strategies and will interact with global colleagues, across multiple functions and business units (in Carbohydrate Solutions and Agricultural Services & Oilseeds). This critical role will reduce risk while purchasing soy protein white flake, corn (for polyols) and oil (for lecithin) internally. Additional support may be needed for third-party purchases. Furthermore, the position will be responsible for currency risk management for North America Specialty Ingredients.
With Affordable Nutrition, the position will support the development and execution of the Unit’s emerging platform. The business includes full packaged solutions as well as singular ingredients to launch into the developing global market of affordable food solutions. The position will engage and drive opportunities to develop and implement the go-to-market strategy with focus on NA and EMEA regions. Duties include engagement with internal colleagues as well as customer engagement as well as packaged concept creation.
The position reports directly to the VP, Affordable Nutrition & LATAM Proteins.
Responsibilities
Global Risk Management
ADM requires the successful completion of a background check.
REF:96281BR
Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly and salaried non-exempt employees will also be paid overtime pay when working qualifying overtime hours.
If hired, employees will be in an “at-will position” and the Company reserves the right to modify base pay (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
The pay range for this position is expected to be between:
$92,800.00 - $172,800.00
Salaried Incentive Plan
The total compensation package for this position will also include annual bonus and a long-term incentive plan
Benefits And Perks
Enriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including:
#IncludingYou
Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed: people of color, women, gender non-conforming, LGBTQIA , veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM.
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
Req/Job ID
96281BR
Decatur, IL
Position Summary
Within the Nutrition business segment, the Specialty Ingredients business has a mission to be a leader and trusted partner in sustainably delivering high quality, nutrition solutions to a growing world. With its processing plants located throughout the world, the Unit’s ingredient product lines are produced across the world and utilizes various intermediates to produce its product lines.
The global commercial risk and affordable nutrition manager offers a unique experience – managing raw material and currency risk while accelerating a new business - Affordable Nutrition.
With risk management, the manager is responsible for driving excellence in raw material purchasing as well as managing overall raw material exposure. The position will develop and execute purchasing strategies and will interact with global colleagues, across multiple functions and business units (in Carbohydrate Solutions and Agricultural Services & Oilseeds). This critical role will reduce risk while purchasing soy protein white flake, corn (for polyols) and oil (for lecithin) internally. Additional support may be needed for third-party purchases. Furthermore, the position will be responsible for currency risk management for North America Specialty Ingredients.
With Affordable Nutrition, the position will support the development and execution of the Unit’s emerging platform. The business includes full packaged solutions as well as singular ingredients to launch into the developing global market of affordable food solutions. The position will engage and drive opportunities to develop and implement the go-to-market strategy with focus on NA and EMEA regions. Duties include engagement with internal colleagues as well as customer engagement as well as packaged concept creation.
The position reports directly to the VP, Affordable Nutrition & LATAM Proteins.
Responsibilities
Global Risk Management
- Coordinate with regional business leads to develop strategies for reducing risk in raw material sourcing; manage overall raw material positions for alternative proteins, lecithin and sorbitol.
- Establish and grow third party relationships to purchase raw materials for further processing within the Foods business of the Nutrition business unit. Raw materials include, but not limited to corn, legumes, soy protein white flake, soy/canola/sunflower oil and lecithin.
- Assist with global alternative protein risk strategy while directing regional raw material purchasing.
- Perform competitive and market intelligence analysis across several industries
- Manage and lead efforts to create new tools to monitor, track and report on positions within Nutrition.
- Manage P&L and drive business performance through pricing and product mix optimization; connect with global commercial colleagues to accelerate opportunities.
- Engage internal and external parties to drive desired outcomes. Including customer engagement and sales support.
- Assist with global strategy while directing regional go-to-market strategy and product-line strategies. Includes connection with R&D, CD&D and marketing for new product development.
- Partner with supply chain and operations colleagues to drive order execution.
- Establish goals and objectives and guide the business during stable or changing market conditions and collaborate in order to reach those goals.
- Determine, develop and drive growth projects including MA and greenfield projects.
- BA/BS in accounting, business, or finance or related field is required with a minimum of 5 years related work experience.
- Commodity trading and commodity risk management experience necessary with an understanding of specialty raw material markets,
- A proven ability to cultivate and maintain positive working relationships with people at all levels inside and outside of the organization.
- Maturity, professional demeanor and personal discretion to interact with business leaders.
- Independent decision making and problem solving skills with the ability to develop solutions in a logical and systematic way.
- Excellent communication skills emphasizing listening, writing, and speaking succinctly, clearly and effectively.
- Excellent organizational and time management skills with an attention to detail and follow-up.
- Demonstrated ability to work under pressure and flexibility to adjust.
- Proficient in Microsoft Office with emphasis in excel and power point is required
ADM requires the successful completion of a background check.
REF:96281BR
Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly and salaried non-exempt employees will also be paid overtime pay when working qualifying overtime hours.
If hired, employees will be in an “at-will position” and the Company reserves the right to modify base pay (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
The pay range for this position is expected to be between:
$92,800.00 - $172,800.00
Salaried Incentive Plan
The total compensation package for this position will also include annual bonus and a long-term incentive plan
Benefits And Perks
Enriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including:
- Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).
- Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.
- Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).
- Paid time off including paid holidays.
- Adoption assistance and paid maternity and parental leave.
- Tuition assistance.
- Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.
#IncludingYou
Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.
We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.
We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed: people of color, women, gender non-conforming, LGBTQIA , veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM.
About ADM
At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.
Req/Job ID
96281BR
Salary : $92,800 - $172,800
