Position Summary

Stanley Black & Decker (SBD) is seeking a high-impact Program Manager to lead its Commodity Risk Management program from our India operations hub. This role sits at the intersection of financial risk, supply chain strategy, and global procurement, and is central to protecting SBD's cost structure against commodity price volatility, supply disruptions, and geopolitical uncertainty.
The Program Manager will design, execute, and continuously improve SBD's commodity hedging program while building a broader risk management framework that spans dual sourcing, supplier diversification, tariff exposure, and scenario planning. This is a high-visibility role with direct exposure to senior leadership across Procurement, Finance, and Supply Chain.

Key Responsibilities

1. Commodity Hedging & Financial Risk Management
· Own end-to-end design and execution of SBD's commodity hedging program, covering metals (steel, copper, aluminum), resins, energy, and other key inputs.
· Develop and maintain hedging strategies — including forward contracts, options, swaps,



and index-linked pricing — aligned to SBD's risk appetite and treasury policy.
· Monitor commodity markets; generate price forecasts and exposure reports for leadership review.
· Quantify open commodity exposure in dollar terms across the global bill of materials and translate into actionable hedge recommendations.
· Partner with Treasury and Finance to ensure hedge accounting treatment is correctly applied and documented under IFRS/US GAAP.
· Track hedge effectiveness, mark-to-market positions, and realized vs. unrealized gains/losses on a monthly basis.
· Build and maintain a commodity risk dashboard that provides real-time visibility into exposure, coverage ratios, and P&L; impact.
2. Dual Sourcing & Supply Resilience
· Identify single-source commodity dependencies across SBD's global supply base and develop dual- or multi-source strategies to reduce concentration risk.
· Lead qualification of alternative

📌 Program Manager (Pune)
🏢 Stanley Black & Decker
📍 Pune