Commodities Pricing & Risk Management Intern

Commodities Pricing & Risk Management Intern

Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you've experienced our work in your favorite chocolate, your pet's food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you're just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.

Location : Westchester, IL

Workplace type : Hybrid

What You Will Do :

• 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.

What You Will Bring :

To Be Eligible For Consideration, Candidates Must :

Why Join Ingredion?

Discover why Ingredion is the ideal place to advance your career with our exception rewards and benefits package designed to help you thrive. Create the future with us and enjoy :

Pay Range : $20-22 / hour

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 disabilitymental or physicalmarital 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.

Relocation Available : No

This pay rate is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any).

Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with a competitive company match.