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Established in 1806 as a small soap and candle business in New York City, Colgate-Palmolive is now a truly global company with products sold in over 200 countries and territories under such internationally recognized brand names as Colgate, Palmolive, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom's of Maine, Sanex, Ajax, Axion, Soupline, Haci Sakir, Suavitel, PCA SKIN, EltaMD, Filorga and Hello as well as Hill's Science Diet and Hill's Prescription Diet.

Colgate-Palmolive is a leading consumer products company that serves hundreds of millions of consumers worldwide with brands and products across four core businesses – Oral Care, Personal Care, Home Care and Pet Nutrition. We are committed to offering products that make lives healthier and more enjoyable, and programs that enrich communities around the world.

Every day millions of people trust our products to care for themselves and the ones they love. Our goal is to use our technology to create products that will continue to improve the quality of life for our consumers wherever they live.

A career at Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.

Job Title:  Global Commodity Forecasting Manager

Travel Required?:  Travel - up to 10% of time
Date:  Aug 4, 2022
Remote working option during the current situation

Relocation Assistance Offered Within Country
# 131346 - Piscataway, New Jersey, United States

In an ever-changing and dynamic world, our Supply Chain and Manufacturing professionals, who are recognized as the best in the business, are essential to quickly delivering our products to consumers worldwide. They are responsible for ensuring we make quality products that consumers love. Using advanced technology and an analytical mindset, they are especially adept at continuously improving manufacturing processes. This team comprises a variety of global roles and focus areas, including operations, engineering, process development and innovation, procurement, network operations, project management, factory performance & reliability, packaging, continuous improvement, and supply chain management.

Join our team in Piscataway, NJ!

The Global Commodity Forecasting Manager will be responsible for reinforcing the overall strategy for the risk management program to assess and mitigate the financial risks arising from direct and indirect commodities. They will use external market data to provide insight and help to reset the strategy. They will redefine and evolve the data and analytical platform crucial for generating insights, acting on urgent events, and communicating findings clearly/simply to a broad audience in the business. They will build standard methodologies for identifying and mitigating risks, hedge execution, post trade reporting and compliance with all internal and external policies and regulations.

The successful candidate will have strong leadership skills and is able to communicate technical / specialist knowledge and best practices to a broad audience of partners in an informative and succinct manner. They must have successfully integrated commodity risk practices inside a dynamic organization and is comfortable pivoting between strategic and tactical decisions to ensure execution. They must build successful relationships internally to develop broad specifications for changing conditions, and externally to gain knowledge and expertise quickly to incorporate to Colgate strategies/approaches. They have prior experience in aligning and supporting key collaborators and business partners to advance a strategic commodity sourcing and risk management program within a corporate environment.

Responsibilities

  • Understand, implement and adjust as needed the Commodity Risk Management (CRM) Strategy to manage the exposures arising from $3B USD annual spend on commodity raw and packaging materials.
  • Build consensus and alignment with key partners in treasury, finance, procurement, tax and legal to grow risk management program..
  • Develop standard methodologies for the execution of Over the Counter (OTC) and exchange traded derivatives.
  • Develop best practices to report, capture and mitigate price risk both financially and within physical contracts where financial instruments don’t exist.
  • Provide leadership on direct and indirect materials pricing and contracts.
  • Build relationships with key suppliers and financial counterparties for the execution of strategy.
  • Develop and share your specialist knowledge and assist in the professional development of the team in this area.
  • Analyze and develop deep understanding of the supply markets, including external economic factors which influence those markets.
  • Provide weekly risk strategy updates and market view to the Commodities Risk Committee.
  • Provide regular updates to key senior leadership team members upon request.
  • Represent Colgate at relevant industry meetings and events.

Required Qualifications

  • Bachelor's degree in Economics, Finance, Accounting or related field.
  • At least 8 years of experience in commodity trading, analytics, sourcing roles.
  • Fluency in creating insightful, risk-topic relevant reports and action items that have been grounded in significant amounts of data from internal and external sources
  • Experience in designing and implementing digital procurement and commodity management transformations.

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. 

For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit http://www.hillspet.com. To learn more about Tom’s of Maine  please visit  http://www.tomsofmaine.com.

Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.


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