Director of Risk Management - Indiana Packers Corporation
Delphi, IN
About the Job
Director of Risk Management
Indiana Packers Corporation (IPC) is a fully integrated retail, foodservice and private label producer of fresh and processed meats company. Since the start of operations in 1991, we have experienced rapid growth from a single pork processing company into a multi-plant diversified producer of fresh and processed meats, with locations throughout America's Heartland. We now have additional processing facilities in Frankfort, Indiana, Holland, Michigan, and Owensboro, Kentucky.
The Director of Risk Management leads the organization's market risk management program, working with senior leaders to co-create, execute, and evaluate strategies to mitigate commodity price risks related to both input and output with exchange traded derivative products, OTC's and other price mitigating mechanisms. This position will also be the organization's in-house expert on current market conditions in the hog/pork and grain markets including a deep understanding of market drivers, reports, and forecasted scenarios.
Responsibilities:
- Provide routine and as needed market information and risk program updates to upper management in both formal and informal settings.
- Develop internal risk management related policies and guidelines.
- Communicate market situations, drivers and potential future scenarios to senior management.
- Ensure compliance with internal policies and external regulations.
- Effectively balance making highly influential recommendations with the ability to absorb and commence with top-down instruction regardless of its coinciding with that recommendation.
- Provide a support role for other functions of the organization.
- Manage key external information/consultant sources as the main point of contact on behalf of the company.
- Develop and maintain complex excel models to effectively manage various risk programs.
- Perform other tasks or duties as required or needed.
Qualifications:
- Bachelor's Degree in Economics, Agricultural Economics, Finance or any related field, Master's Degree preferred.
- Must have experience using alternative hedging techniques to reduce risk for pork producers and/or pork commodity markets.
- Experience in exchange traded derivative markets.
- Experience in (or at least a demonstrable high level of understanding of) risk management practices.
- Strong communication skills, both written and oral.
- Ability to calculate, organize and execute large exchange-traded futures and options reorders with high level of detail.
- Ability to convey complex problems simply and efficiently.
- Ability to evaluate problems skeptically and with a highly analytical and unbiased approach.
- High proficiency with Microsoft Excel.
- Ability to prioritize and multi-task while being involved directly with hog procurement, grain procurement, natural gas procurement and pork sales.
- Ability to work with a high level of autonomy and independence.
- Financial Risk Manager's Certification or a willingness to pursue certification during employment.
- Experience with a food or livestock production company preferred.
- Accounting experience preferred.
- Software development skills preferred.
FLSA Status: Salaried Exempt
Culture and Environment:
Indiana Packers is part of a large multi-national organization that maintains the feel of a much smaller organization. We value our team members as they are the heart and soul of our organization and strive to maintain the safest work environments for them as well. Workplace safety is not just a term we use, it's our core philosophy and the only way we know how to operate. Quite simply, we walk the talk.
We employ a diverse, innovative and passionate group of team members in a challenging and collaborative environment. Together, this combination supplies a tremendous amount of creative energy and different viewpoints to the organization. Our group values the concept of teamwork but embrace the skills, knowledge, and experience that each individual team member possesses. We reward our team members with compensation and benefits above the competition, including a generous tuition reimbursement program (Benefits for full-time employment). It is easy to see, how high we regard our team members. Ready to be part of something great?
In addition, our work environments encourage and support a collaborative approach while promoting and recognizing individual contributions. This truly unique combination, typically not found in most large organizations, provides a catalyst for our corporation's rapid success since beginning operations in 1991.
About Us:
Indiana Packers is the industry's only high-volume, fully integrated pork supplier that operates its sourcing, production, sales and shipping all from one Midwest location, among America's prime hog livestock farms. IPC employs roughly 2,000 team members in Indiana and we still continue grow. Our company's headquarters and processing facility is located in Delphi, Indiana, a short 18 mile drive from the Lafayette/West Lafayette metro area.
Indiana Kitchen Brand Products:
Indiana Packers produces a number of pork products under the Indiana Kitchen brand name. Our pork products are locally produced and are synonymous with excellent quality and taste.
Regional Information:
Lafayette/West Lafayette, Indiana is in a prime location with easy and quick access to Chicago, Illinois (90 miles) and Indianapolis, Indiana (55 miles). The area is home to Purdue University, ranked as the fifth (5TH) best public university in the country according to the Wall Street Journal. With an abundance of strong educational systems and a less than average cost of living, there is a lot to like about the area.
The city has also been recognized by Forbes Magazine as the #2 Small City for business and careers. With a combined population of roughly 110,000, Lafayette/West Lafayette offers metropolitan amenities while maintaining its small town charm.
Delphi, Indiana, home to Indiana Packers Corporation is nestled in idyllic Carroll County where its rich history of agriculture and hog farming continues today. IPC's facility is centrally located and within a 30-minute drive to regional cities like Lafayette, Frankfort, Kokomo, and Logansport.
EOE, including Disability/Veteran
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