Energy Commodity Price Risk Manager
Function: Global Procurement
(Sub) Function: Commodity Risk Management
Location: Amsterdam
Fulltime: 40 hours per week
Closing date: 20th April 2026
We are looking for a driven and analytical Commodity Risk Manager – Energy to define and execute the strategy for managing commodity price risk across our global energy portfolio.
In this role, you will analyse financial markets to inform hedging decisions and execute physical and financial trades within policy, managing a significant global spend across gas, power, carbon and resins, with expansion into diesel and bunker fuel. You will ensure accurate position management, robust reporting and full compliance with the Commodity Price Risk Policy.
Working closely with suppliers, traders and banks, you will also lead CPRM communications and leverage market insights to continuously strengthen and evolve our risk management approach, including the use of advanced hedging instruments.
Roles & Responsibilities:
1.Responsibility (scope): Set the strategy to manage commodity price risk across all parts of the energy portfolio with the use of traded derivatives and supplier fixations. Exposures include, brewery, malt and packaging materials.
2.Responsibility (nature of work): Analyse financial markets using fundamental and technical analysis to make hedging decisions on key energy markets, staying within policy limits.
3.Responsibility (budget): Manage an annual global commodity spend of €500m across gas, power, carbon and resins. Expand risk management into diesel (€300m) as well as finding solutions to hedge bunker fuel (€150m)
4.Responsibility (Position management and influencer reporting): Execute all trades (physical and financial) with suppliers and banks. Report on YoY price moves with accuracy for key reporting periods during the year.
5.Role (reporting): Ensure adherence of all commodity positions according to Commodity Price Risk Policy.
6.Role (communication): Take ownership of all aspects of communication from the CPRM function. This includes the quarterly Podcast, weekly communications and quarterly financial markets assessment.
7.Role (relationships): Develop a strong industry network with suppliers, traders, banks, and gather intelligence from market reports.
8.Role(expansion): Searching for opportunities to expand the scope of the role as well as use of vanilla or exotic derivatives to increase effectiveness of department.
Experience & profile (What & How):
What:
- Education: : University Degree in a business, financial, commercial, economic or technical discipline
- Work experience: 7 - 10 years in commodities or treasury role involving derivatives
- Required work experience in field of expertise: Experience in commodity risk management in either and FMCG or trading environment.
- Functional skills: Experience with IT systems, Microsoft Office, knowledge of industry trends
- Languages: Fluent English required – additional European languages an advantage
How:
- Key Leadership expectations: Develop, connect, shape & deliver using the HEINEKEN behaviors.
- Communication skills: Manages relationships with senior stakeholders on a strategic business partner level.
- Other skills: Strong leadership and people management skills to ensure the best delivery of the business solutions. Ability to drive change & continuous improvement in a decentralized environment to successfully deliver strategic multi-country projects.
Ready to join our team?
Are you excited to get started as our Commodity Price Risk Manager - Energy? Then apply immediately by clicking the green application button and sending us an updated version of your resume. A cover letter is not required, but we would love to hear about your passion for our position, so a short note along with your resume would be great. We look forward to receiving your application!