At a Glance
- Tasks: Drive market growth by building relationships and promoting commodity benchmarks.
- Company: Join Fastmarkets, a trusted leader in global commodity price reporting.
- Benefits: Inclusive workplace, diverse team, and opportunities for professional growth.
- Other info: Flexible work environment with a focus on collaboration and innovation.
- Why this job: Be part of a dynamic team shaping the future of commodity markets.
- Qualifications: Experience in market development and a passion for commodities required.
The predicted salary is between 60000 - 80000 £ per year.
Fastmarkets is an industry-leading price-reporting agency (PRA) and information provider for global commodities, providing price data, news, analytics and events for the agriculture, forest products, metals and mining and new-generation energy markets. Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 700 employees spread across global locations in the UK, US, China, India, Singapore, Brazil, Belgium, Finland and beyond.
Role Purpose
We are seeking a commercial, customer‑focused Market Development Manager to grow adoption and usage of our commodity benchmarks across the markets we serve. The role is centred on developing markets through customer relationships and partnerships, with a strong emphasis on derivatives and risk‑management use cases as a key driver of benchmark relevance, liquidity, and long‑term market adoption.
Key Responsibilities
- Build and manage senior customer relationships across producers, consumers, traders, financial institutions, exchanges, and brokers.
- Drive benchmark adoption by embedding prices into customer workflows, including physical contracts, pricing mechanisms, and derivatives and hedging activity.
- Develop and manage strategic partnerships (e.g. exchanges, trading venues, brokers, platforms) that support market growth and participation.
- Support initiatives that improve market usage, engagement, and liquidity, particularly where financial instruments play a role.
- Identify new commercial and market development opportunities informed by customer needs and market structure.
- Act as a bridge between the market and internal teams (editorial, product, commercial), ensuring customer and market insight is reflected internally.
- Represent the business in customer meetings, industry forums, and working groups.
Qualifications
We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world’s leading and most trusted price reporting, events, and intelligence service for the markets we serve. We’re proud to be an equal opportunities employer and are committed to creating a fully inclusive workplace, where everyone feels able to participate and contribute meaningfully. If you are open‑minded, curious, resilient, solutions‑oriented and committed to promoting equality, then read on...
Knowledge, Experience and Skills
We are looking for an individual who is highly motivated, driven, and has a passion to be part of a fast‑paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.
- Proven experience in market development, business development, or customer‑facing roles within commodity markets.
- Essential: Hands‑on experience working with commodity derivatives (e.g. futures, options, swaps, OTC products), either:
- At an exchange or trading venue.
- Within a bank, broker, or clearing member.
- At a trading house, producer, or consumer using derivatives for risk management.
- Strong understanding of how derivatives support price adoption, liquidity, and benchmark relevance.
- Demonstrated ability to develop markets through adoption, education, and partnerships, particularly in evolving or less mature markets.
Commercial & Relationship Skills
- Highly customer‑centric, with credibility engaging trading desks, risk managers, commercial leads, and pricing decision‑makers.
- Commercially astute, able to identify new use cases and growth opportunities for benchmarks.
- Clear, confident communicator able to explain market and derivatives concepts pragmatically.
- Effective at influencing without authority and working cross‑functionally with editorial, product, sales, and marketing teams.
Ideal Background
- Commodity trading houses, producers, or large consumers with active derivatives usage.
- Exchanges, clearing houses, or trading venues.
- Banks, brokers, or advisory firms focused on commodity markets.
- Price reporting agencies or market data providers with strong financial market exposure.
If you're excited about the role but your experience, skills or qualifications don't perfectly align, we encourage you to apply anyway. We are committed to ensuring all candidates feel welcomed and supported. Should your application advance and you require accommodations for the interview process, please inform us so we can make the necessary arrangements.
Commodity Markets Growth Lead employer: FastMarkets Ltd
Fastmarkets is an exceptional employer, offering a dynamic and inclusive work environment where employees are encouraged to grow and thrive. With a strong focus on employee development and a commitment to equality, Fastmarkets provides unique opportunities for career advancement in the fast-paced commodity markets sector. Located globally, including key hubs in the UK and beyond, the company fosters a collaborative culture that values diverse perspectives and innovative thinking, making it an ideal place for those passionate about market development and customer engagement.
StudySmarter Expert Advice🤫
We think this is how you could land Commodity Markets Growth Lead
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Show your passion! When you get the chance to chat with potential employers, let your enthusiasm for commodity markets shine through. It’s all about making a memorable impression.
✨Tip Number 3
Do your homework! Research the company and its benchmarks before interviews. Knowing their products inside out will help you stand out as a candidate who truly cares.
✨Tip Number 4
Apply through our website! We love seeing applications directly from candidates who are keen on joining us. It shows initiative and makes it easier for us to spot your talent.
We think you need these skills to ace Commodity Markets Growth Lead
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Commodity Markets Growth Lead. Highlight your experience in market development and customer-facing roles, especially within commodity markets. We want to see how your background aligns with our mission!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about commodity markets and how you can drive benchmark adoption. Be sure to mention any relevant partnerships or customer relationships you've built in the past.
Showcase Your Skills:We’re looking for someone who’s commercially astute and customer-centric. Make sure to highlight your ability to identify growth opportunities and your experience with derivatives. Use specific examples to demonstrate your skills!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensure it gets the attention it deserves. Plus, we love seeing candidates who follow our process!
How to prepare for a job interview at FastMarkets Ltd
✨Know Your Commodities
Make sure you brush up on your knowledge of commodity markets, especially derivatives like futures and options. Understanding how these instruments work will help you discuss their relevance to price adoption and liquidity during the interview.
✨Build Your Customer-Centric Mindset
Since the role is heavily focused on customer relationships, think about how you can demonstrate your customer-centric approach. Prepare examples of how you've successfully engaged with clients or developed partnerships in previous roles.
✨Showcase Your Market Development Experience
Be ready to talk about your hands-on experience in market development. Highlight specific instances where you've driven benchmark adoption or identified new commercial opportunities, particularly in evolving markets.
✨Communicate Clearly and Confidently
Practice explaining complex market concepts in a straightforward manner. The ability to communicate effectively with trading desks and risk managers is crucial, so ensure you can convey your ideas clearly and confidently.