Position Description Ryerson, one of the largest distributors and fabricators of metals in the US, is seeking a Risk Manager to join our Supply Chain team in downtown Chicago, IL. S/He will report directly to the VP of Supply Chain.
Primary job duties and Responsibilities:
* Internal and external research on mill prices, commodity prices and market ( industry) demands.
* Knowledge and use of Prevedere model to assist supply chain decisions on long - short positions.
* Customer interaction and presentations on hedges.
* Mitigate risk by locking in defined margins on long term fixed pricing agreements.
* Evaluate opportunities to hedge against price volatility in the areas of; nickel, aluminum ingot and carbon flat products. This would include contracts and inventory.
* Evaluation of import opportunities and purchases to mitigate volatility of price verse long lead time.
* Execute on hedges and responsibility to document and track all obligations.
* Financial modeling and evaluation of hedges/futures.
* Market evaluation and projections.
* Forecasting changes and future trends of commodity prices and projected impact on our inventory position. Position Requirements
* Bachelor's degree in Business, Finance or Accounting.
* Minimum 3-5 years work experience in related field.
* Experience in commodities; research and trading in metals preferred.
* Skilled in Excel and Access.
* Ability to learn and use other tools such as Cognos, SAP and other software programs.
* Ability to leverage technology to improve processes, forecasting and modeling.
* Proven experience working in team environment with the ability to work independently.
* Excellent communication and presentation skills.
* Good research skills.
* Strong analytical skills.
* Proven skills in negotiations. _Job ID #:_ 2392
*Location:* IL-Chicago
*Functional Area:* SUPPLY CHAIN
*Department:* Supply Chain
*Position Type:* Full-Time Regular
*Education Required:* Bachelors Degree
*Experience Required:* 3 - 5 Years
*Relocation Provided:* No