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Commodity Price Optomisation Manager - Global Energy & Fuels

Context/Scope

The Commodity Price Optimisation Manager is the global lead in defining all price coverage and limits strategy for delivery against risk management, price optimisation and cash optimisation targets. Leadership of defining global governance infrastructure required to support price risk management. Management of all portfolio price positions and internal stakeholders to ensure full compliance to pricing strategies and the defined governance requirements.


Purpose of Role


  • Leadership and champion for the commodity price risk management of the energy and fuels asset category. Business reference point for market knowledge and expertise, defining optimisation strategy and all key business infrastructure requirements required for excellence in price optimisation execution. Champion of ensuring belief in, understanding of and commitment to the CPRM agenda across the Diageo business community.

  • Definition and communication of price optimisation strategies for all defined markets exposures

  • Construction of required contractual and pricing mechanisms to ensure efficient optimal price execution

  • Definition and leadership of internal infrastructures to ensure effective optimisation; weekly market and price management call-overs, input into and sign-off of all key supply contracts, price modelling and market analytics

  • Definition and compliance to required business governance structures to ensure business and functional conformance

  • Weekly market and performance reporting utilising the support of the global CPRM analyst and CPRM back-office function

  • Management of all key stakeholder relationships; finance, treasury, supply centres. Partnership with category excellence teams in defining leading edge category management and maximised value delivery.




Top 3-5 accountabilities Leadership for definition and continual update of the price risk management optimisation strategy for the energy and fuels asset category.




  • Lead definition and implementation of the required business infrastructure necessary for optimal price execution

  • Lead definition of price risk management governance structures and control limits and assurance of full compliance

  • Expertise and knowledge leadership across the Diageo business community



Qualifications and experience required


  • Specific energy industry experience in the field of price risk management

  • Demonstrated, knowledge, expertise and successfull value delivery track record.

  • Analytical and though leadership for strategy construction and leadership

Commodity Price Optomisation Manager - Global Energy & Fuels