At a Glance
- Tasks: Join a dynamic team to develop and implement pricing methodologies for global commodities.
- Company: S&P Global is a leading provider of credit ratings, benchmarks, and analytics in the global markets.
- Benefits: Enjoy flexible downtime, health coverage, continuous learning, and family-friendly perks.
- Why this job: Make an impact on global markets while collaborating with industry leaders and driving innovation.
- Qualifications: Degree in business, finance, or economics; expertise in commodities and strong interpersonal skills required.
- Other info: Be part of an inclusive workplace that values diversity and promotes career growth.
The predicted salary is between 36000 - 60000 Β£ per year.
This job is with S&P Global, an inclusive employer and a member of myGwork β the largest global platform for the LGBTQ+ business community.
About the Role:
The Team: This is an outstanding opportunity to join the world's leading price reporting organization as it continues to develop its strong presence in the global commodity markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to commodities markets. Price Group is an integral part of the price assessment content team and collaborates across all functions within Platts globally. Focused on price assessment methodology development and deployment, the group also manages the dissemination of market reporting best practices. Many of Price Group's functions are designed to deliver on our governance model based on our Editorial Standards.
What's in it for you: Platts price assessments underpin more than 250 global commodity price benchmarks cleared by more than 1200 financial contracts - across more than six global exchanges. The Methodology Specialist has the opportunity to guide methodology development, as well as assisting price resolution and market reporting best practice, supporting our frontline reporting teams. The Methodology Specialist works with sector stakeholders to conceptualize and develop our world-class pricing methodologies, focusing on established and emerging benchmarks in the areas of metals.
The Impact: Thought leadership in market evolution, methodology change and development, maintaining the highest standards and integrity of Platts price assessments. This includes:
- All aspects of methodology development including the conceptualization of new ideas, partnering with regional managers and teams that lead day-to-day market reporting and price assessment activities (i.e. battery metals, critical minerals) resulting in the successful benchmark development.
- Alongside the Global Manager, Price Group Partners - Established Benchmarks and senior Price Group colleagues, build and implement the plan for methodology development and best practices for ferrous and non-ferrous metals.
- Extensive cross commodity external engagement supporting methodology research and development and educating the market through strategic engagement programs, with the main players and active trading community.
- Issue resolution resulting in the highest standards being maintained, building trust in the standards and processes in place.
- Collaboration with other colleagues in Market Development & Engagement, particularly the Market Integrity & Review team and the Strategic Engagement & Intelligence Group, as well as other functional groups internally, resulting in the consistent execution of Platts methodology and the maintenance of robust price assessments.
- Ensuring the methodology process is followed and reviewing and approving updates as defined in Platts editorial standards.
- Ensuring our methodology development and change is conducted in line with Platts governance model and is aligned with the IOSCO Principles for Price Reporting Agencies and the EBMR.
- Supporting the escalation and resolution of assessment complaints and in-depth price reviews, building confidence in the integrity of Platts processes and standards.
- Support the curation of best practice documentation that is referenced by price reporting teams.
- Lead annual commodity team process for updating methodology documentation.
- Responsible for driving best practices across commodity group, through training of front line, and helping instill integrity into Platts assessments.
- Mentoring front-line around external messaging, by sharing experience, helping build trust with customer.
Responsibilities:
- Bring structure to global price assessment methodology development working with the commodity leadership and managers.
- Collaborate with other methodology development specialists and Market Integrity & Review team to ensure alignment / share knowledge / ideas and resource projects efficiently.
- Advise and partner with Sector leadership on market and methodology development / new markets.
- Engage with internal and external Stakeholders of methodology change process and collaborate with other functional groups such as BCQ, Product, Product Development, and Commercial.
- Ensure editorial governance through appropriate capture of key change procedures and processes for methodology development and methodology change projects.
- Leverage presentation opportunities at industry events/conferences raising the visibility of Platts prices/benchmarks and the relevance of the methodology.
- Guide on price assessment inquiries, escalating to Sector head and Price Group colleagues as appropriate to ensure resolution.
- Jointly approving corrections as required in line with editorial standards.
- Lead sector escalation point/deal with price assessment complaints & escalate appropriately to ensure resolution.
- Liaise and support MOC Operations PG review process when required.
- Work with frontline editors to build on best practices in market reporting and implementation of methodology.
What We're Looking For:
- Knowledge of assessment methods and processes with a view to executing changes to pricing methodology and the introduction of new pricing assessments.
- Subject matter expert in commodities/trading/markets and the competitive landscape and specialized knowledge of at least one commodity sector.
- Proven strong interpersonal and relationship building skills and ability to influence across the organization.
- Strong presentation skills to present at industry events, professional associations and conferences.
- Tenacity and the ability to gain buy-in to decisions and drive issues to completion.
- Strong leadership ability which utilizes influence and promotes team collaboration and development as well as personal accountability.
- A critical thinker, assertive with independent mind who operates with facts and pushes back with respect.
- Degree educated (business, finance, economics, etc).
About S&P Global Commodity Insights: At S&P Global Commodity Insights, our complete view of global energy and commodities markets enables our customers to make decisions with conviction and create long-term, sustainable value. We're a trusted connector that brings together thought leaders, market participants, governments, and regulators to co-create solutions that lead to progress. Vital to navigating Energy Transition, S&P Global Commodity Insights' coverage includes oil and gas, power, chemicals, metals, agriculture and shipping.
Benefits: We take care of you, so you can take care of business. We care about our people. That's why we provide everything you-and your career-need to thrive at S&P Global. Our benefits include:
- Health & Wellness: Health care coverage designed for the mind and body.
- Flexible Downtime: Generous time off helps keep you energized for your time on.
- Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
- Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
- Family Friendly Perks: Itβs not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
- Beyond the Basics: From retail discounts to referral incentive awards-small perks can make a big difference.
Global Hiring and Opportunity at S&P Global: At S&P Global, we are committed to fostering a connected and engaged workplace where all individuals have access to opportunities based on their skills, experience, and contributions. Our hiring practices emphasize fairness, transparency, and merit, ensuring that we attract and retain top talent.
Equal Opportunity Employer: S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.
Price Group Methodology Specialist - Established Benchmarks employer: S&P Global
Contact Detail:
S&P Global Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Price Group Methodology Specialist - Established Benchmarks
β¨Tip Number 1
Familiarise yourself with the latest trends in commodity pricing and market assessment methodologies. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
β¨Tip Number 2
Network with professionals in the commodities sector, especially those involved in price reporting and methodology development. Engaging with industry experts can provide valuable insights and potentially lead to referrals.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully collaborated with cross-functional teams in previous roles. Highlighting your interpersonal skills and ability to influence others will be crucial for this position.
β¨Tip Number 4
Stay updated on regulatory changes affecting price reporting agencies and commodity markets. Being knowledgeable about compliance and governance models will set you apart as a candidate who understands the industry's complexities.
We think you need these skills to ace Price Group Methodology Specialist - Established Benchmarks
Some tips for your application π«‘
Understand the Role: Read the job description thoroughly to grasp the responsibilities and requirements of the Price Group Methodology Specialist position. Tailor your application to highlight relevant experiences and skills that align with the role.
Highlight Relevant Experience: In your CV and cover letter, emphasise your knowledge of assessment methods and processes, as well as any experience in commodities or trading. Use specific examples to demonstrate your expertise and how it relates to the job.
Showcase Your Skills: Make sure to showcase your strong interpersonal and relationship-building skills. Provide examples of how you've successfully collaborated with stakeholders or led projects in the past, as these are crucial for this role.
Craft a Compelling Cover Letter: Write a tailored cover letter that not only expresses your interest in the position but also outlines how your background and skills make you a perfect fit. Be sure to mention your understanding of Platts' governance model and your commitment to maintaining high standards.
How to prepare for a job interview at S&P Global
β¨Understand the Methodology
Make sure you have a solid grasp of price assessment methodologies, especially in commodities. Be prepared to discuss how these methodologies can evolve and improve, as this role heavily focuses on methodology development.
β¨Showcase Your Interpersonal Skills
This position requires strong relationship-building abilities. Prepare examples of how you've successfully collaborated with various stakeholders in the past, as well as how youβve influenced decisions within a team.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your critical thinking and problem-solving skills. Think of scenarios where you had to resolve issues related to pricing assessments or methodology changes, and be ready to explain your thought process.
β¨Demonstrate Your Presentation Skills
Since the role involves presenting at industry events, practice articulating your ideas clearly and confidently. You might be asked to present a topic during the interview, so prepare a short presentation on a relevant subject.