As Commodity Risk & Trading Manager, you play a pivotal role in managing commodity price risk across global dairy markets. You combine financial trading expertise, advanced risk analytics and commercial structuring to protect value, enable growth and strengthen our position as a trusted risk management partner for customers.
This role offers strong exposure to international commodity markets and a clear development path towards broader ownership in commodity risk management, trading and commercial solutions.

What We Ask

You bring:

• A solid understanding of commodity markets and derivatives (futures, forwards, options)
• Experience with financial markets, trading and pricing of options or structured products
• Knowledge of risk management frameworks (VaR, MTM, sensitivities, stress testing)
• Understanding of physical versus financial commodity exposure
• Strong analytical skills and attention to detail
• Advanced skills in Excel and Power BI
• The ability to translate financial concepts into practical, commercial solutions
• Strong communication and stakeholder management skills

You are:

• Proactive, hands‑on and accountable
• Commercially minded and solution‑oriented
• Structured and detail‑oriented
• Comfortable working in a fast‑paced, volatile market environment
• Passionate about markets, trading and risk management

What We Offer

At FrieslandCampina you work on strong, globally loved brands enjoyed by millions every day, like Friso, Campina, Chocomel and Frisian Flag. As a farmer-owned cooperative, we combine an international environment with a clear social and sustainable purpose. We support your growth through training, coaching and internal career opportunities. With trust and autonomy, you can make real impact.

Employment benefits:

• Salary between €5,250 and €7,500 gross per month (full-time), depending on experience and fit for the role.
• A work week of 38 hours, a 5% year-end allowance, 12,5% bonus, 8% holiday allowance and a pension scheme.
• Hybrid working with flexible working hours, a train card and/or €0,23 per km (max. 30 km one way).
• 200 hours of annual leave, with the option to buy or sell up to 40 hours.
• A laptop, phone and home office equipment to support flexible working.
• Wellbeing and inclusion initiatives, such as health support, employee assistance programs and diversity initiatives.
• Extras at the head office, such as milk and cheese during lunch, fresh fruit and barista coffee.

Vacancy Description

As Commodity Risk & Trading Manager, you support and gradually take ownership of commodity price risk management activities across FrieslandCampina’s global dairy portfolio. The role combines trading execution, risk analytics, systems development and commercial solution design.

Financial Trading Support & Market Monitoring

• Support the execution of financial hedges (futures, options, forwards) in line with CPRM strategy
• Monitor global dairy commodity markets across CME, EEX, SGX and Euronext
• Manage positions, margins and contract lifecycles
• Ensure accurate trade capture, reconciliation and reporting
• Gradually increase responsibility in trade preparation and execution

Commercial Risk Solutions & Business Support

• Partner with Sales to develop customer‑oriented price risk management solutions
• Structure contracts with embedded hedging and optionality
• Translate financial instruments into commercially viable pricing mechanisms
• Participate in customer meetings and support commercial negotiations
• Train and support Sales teams on risk management concepts
• Contribute to positioning FrieslandCampina as an industry‑leading risk management partner

Risk Analytics, Reporting & Systems Development

• Own and enhance exposure, MTM, VaR and sensitivity calculations
• Ensure alignment between physical and financial positions
• Prepare and maintain CPRM dashboards and risk reporting
• Develop scenario analysis and forward‑looking risk insights
• Drive improvements in CTRM systems, analytics, automation and data quality
• Actively challenge existing processes, methodologies and controls

You will join the Commodity Price Risk Management (CPRM) team and report to the Director Commodity Risk Management. The team works closely with Commercial teams, Finance, Treasury and senior Management, and interacts externally with customers, brokers, financial institutions, exchanges and system providers.
The environment is dynamic and evolving, with increasing complexity driven by global market volatility, customer demand for tailored risk solutions and the integration of Milcobel. Collaboration, ownership and continuous improvement are key to success.