The Commodities Pricing & Risk Management Intern for Summer 2025 will be supporting the Sr. Director and broader Commodity Purchasing & Agri-Product staff as follows.
The focal areas identified below may be changed to meet the needs of the collective Teams at the time of internship.
Key Deliverables :
- Support Ingredion’s deployment / testing / analysis & use of GrainSmart & Triple Point systems. The software is used for risk management analysis / metrics of Ingredion’s Corn Position across multiple supply chains and being of both financial and physical inputs.
- Create a holistic project to determine / identify the sources of yield losses and the financial impacts on gross corn cost or reduced agri-product revenue.
The project scope would include all US / Canada corn wet milling plants and include all grain types and all Agri-products.
Sales Volume Hedging : Run and maintain a daily report to capture firm sales volume. Create the allocation sheets used to purchase corn futures, for both firm and customer-directed hedges.
Maintain hedge tracker spreadsheets. Reconcile contract volume changes. Communicate with the contract team as needed.
Process Improvements : Identify opportunities for improvements to the department’s manual processes and develop solutions.
Learn new systems that could help improve processes. Create new processes and / or automate existing processes through both formal and informal projects as needed.
Work with IT as needed, acting as liaison between the Commodities department and IT by providing business case use and justification for improvement projects.
Could include BUSHEL / SELL YOUR CORN / SAP interface to Triple Point for Agri-Products.
Knowledge, Skills, and Requirements :
- Progress towards a bachelor's degree in agribusiness or related field. Candidates must have completed at least 2 years of college and have a GPA of at least 3.0 / 4.0.
- Course work in statistics / database’s / software systems / finance that demonstrate analytical capabilities.
- Knowledge and interest in modern day agriculture / food systems / manufacturing.
- Strong communication skills
- Must be able to interact with a diverse group of individuals and communicate Ingredion’s sustainability goals in a clear and concise manner.
- Demonstrated high proficiency with Microsoft programs (i.e. Word, Excel, PowerPoint) and database systems.
To be eligible for consideration, candidates must :
Currently possess unrestricted authorization to work in the United States. Ingredion does not intend to sponsor work visas with respect to this position or to provide this position as OPT or CPT.
Ingredion Total Rewards and Benefits :
We offer a competitive and comprehensive package that aligns with our values and goals. It includes hourly salary, housing stipends, flexibility, learning, recognition, and wellness.
We offer benefits for interns & co-ops such as :
- Housing Stipends (51+ miles from Ingredion work location)
- Internship Program Events & Activities
- Annual Capstone Summit at Ingredion HQ in Westchester, IL
- Intern Buddy Program
- Involvement in Ingredion’s Business Resource Groups
- Achieve Recognition Program
- Perkspot Discount Program
wayup
Relocation Available :
We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination.
We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability mental or physical marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law ( protected classifications ).
We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.
Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.