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Commodities Pricing & Risk Management Intern

Ingredion · Westchester, IL · $20.00–$22.00 an hour · Full time

Posted Sep 10, 2026 · We last checked this listing on Oct 6, 2026

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Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

You will help test and analyze our risk management systems. Tell me about a time you tested a tool or process and found something wrong.

What they are checking: Whether they are careful and curious enough to catch issues during a system deployment.

Tell me about the most complex dataset you have worked with. What did you learn from it?

What they are checking: Whether they can handle the volume of position and market data this team works with daily.

Tell me about a time you had to present your work to senior people.

What they are checking: Whether they can communicate findings clearly to a director and the broader purchasing staff.

What would you do

How would you approach a project to find where we are losing yield and what it costs us in corn?

What they are checking: Whether they can structure an open-ended analysis by mapping the process, gathering data and putting dollars on each loss.

Midway through, your manager shifts your project to a new priority. How do you handle that?

What they are checking: Whether they can adapt, since the posting says focus areas may change to meet the team's needs.

About the work

What do you think we mean by our corn position, and why would a company like ours need to manage it?

What they are checking: Whether they understand that corn is the main input and price swings directly change the cost of everything produced.

Can you explain how a futures contract can be used to hedge the cost of corn?

What they are checking: Whether they have the basic hedging concept needed to follow the risk metrics in GrainSmart and Triple Point.

What is basis, and why might it matter as much as the futures price to a corn buyer?

What they are checking: Whether they know local cash price differences, which matter for physical grain purchasing across supply chains.

How would you explain a change in our risk exposure to someone in purchasing who does not follow markets closely?

What they are checking: Whether they can make market analysis useful to people making buying decisions.

What sources would you watch each morning to understand where corn prices might go?

What they are checking: Whether they have genuine interest in agricultural markets, such as USDA reports, weather and futures.

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The full job description

As published by Ingredion.

About Ingredion: Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you’ve experienced our work in your favorite chocolate, your pet’s food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you’re just starting your career or bringing years of experience, there's a place for you here to make a real difference. Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create. Location: Westchester, IL Workplace type: Hybrid The Commodities Pricing & Risk Management Intern for Summer 2026 will be supporting the Director, Agribusiness and broader Commodity Purchasing & Agri-Product staff as follows. The focal areas identified below may be changed to meet the needs of the collective Teams at the time of internship. What you will do: • Support Ingredion’s deployment / testing / analysis & use of GrainSmart & Triple Point systems. The software is used for risk management analysis / metrics of Ingredion’s “Corn Position” across multiple supply chains and being of both financial and physical inputs. • Create a holistic project to determine / identify the sources of yield losses and the financial impacts on gross corn cost or reduced agri-product revenue. The project scope would include all US / Canada corn wet milling plants and include all grain types and all Agri-products. • Sales Volume Hedging: Run and maintain a daily report to capture firm sales volume. Create the allocation sheets used to purchase corn futures, for both firm and customer-directed hedges. Maintain hedge tracker spreadsheets. Reconcile contract volume changes. Communicate with the contract team as needed. • Process Improvements: Identify opportunities for improvements to the department’s manual processes and develop solutions. Learn new systems that could help improve processes. Create new processes and/or automate existing processes through both formal and informal projects as needed. Work with IT as needed, acting as liaison between the Commodities department and IT by providing business case use and justification for improvement projects. Could include BUSHEL / SELL YOUR CORN / SAP interface to Triple Point for Agri-Products. What you will bring: • Progress towards a bachelor's degree in agribusiness or related field. • Course work in statistics / database’s / software systems / finance that demonstrate analytical capabilities. • Knowledge and interest in modern day agriculture / food systems / manufacturing. • Strong communication skills • Must be able to interact with a diverse group of individuals and communicate Ingredion’s sustainability goals in a clear and concise manner. • Demonstrated high proficiency with Microsoft programs (i.e. Word, Excel, PowerPoint) and database systems. To be eligible for consideration, candidates must: • Currently possess unrestricted authorization to work in the United States. Ingredion does not intend to sponsor work visas with respect to this position or to provide this position as OPT or CPT. • Be a currently enrolled student in a Bachelor’s or Master’s degree program. If currently enrolled in an undergrad status, must have completed at least two years of coursework with status as a sophomore, junior or non-graduating senior. • If you have completed your degree, please consider other opportunities with Ingredion, posted at www.ingredion.com/careers. Why Join Ingredion? Discover why Ingredion is the ideal place to advance your career with our exception rewards and benefits package designed to help you thrive. Create the future with us and enjoy: • Total Rewards Package – competitive hourly salary based on your degree program. Housing stipends offered to students relocating 51+ miles from the Ingredion work location • Internship Program Events & Activities – programming catered toward career exploration, networking, and professional development - including the annual Capstone Summit at Ingredion HQ in Westchester, IL • Intern Mentor Program – pairing with a mentor to guide development and integration in Ingredion’s culture • Involvement in Ingredion’s Business Resource Groups – the conscience of the organization and an integral part to Ingredion’s Inclusion & Belonging strategy • Employee Recognition Program – a culture of real-time appreciation, with personalized recognition rewards globally • Employee Discount Program – provides exclusive discounts on everyday products, services, and travel Pay Range: $20-22/hour #wayup We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability—mental or physical—marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law (“protected classifications”). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect. Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs. Ingredion uses AI-enabled tools to support parts of the recruitment process, including resume screening and interview scheduling. These tools help match candidate skills to job requirements and streamline communication. All AI-assisted decisions are reviewed by our Talent Acquisition team to ensure fairness and compliance with applicable laws. By applying, you acknowledge that AI may be used to support your application journey. Relocation Available: No This pay rate is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any). Benefits: Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with a competitive company match .

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