At a Glance
- Tasks: Lead global price assessment methodology development and collaborate with teams for market reporting.
- Company: Join S&P Global, a leader in price reporting and analytics for global commodity markets.
- Benefits: Enjoy flexible work options, competitive pay, health coverage, and continuous learning opportunities.
- Why this job: Make an impact in energy transition and sustainability while working with industry experts.
- Qualifications: 4+ years in pricing, degree in business or finance, strong interpersonal skills required.
- Other info: Work in Houston or London, with a focus on collaboration and innovation.
The predicted salary is between 72000 - 108000 £ per year.
About the Role:
The Location: Houston, TX (This candidate will come into the office 2x/week) Alternative Location: London
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 PG Partner has the opportunity to lead methodology development, as well as price resolution and market reporting best practice, supporting our frontline reporting teams. The PG Partner will lead the conceptualization and development of our world-class pricing methodologies, supporting the Emerging Benchmarks group, which spans Energy Transition, Biofuels, Grains, Fertilizer, Chemicals and Shipping.
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 senior management and regional teams that lead day-to-day market reporting and price assessment activities (i.e. Carbon, Sustainable Aviation Fuel, Hydrogen) resulting in the successful benchmark development.
- 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:
- Lead global price assessment methodology development working with the commodity leadership and managers.
- Collaborate with other methodology development specialists and price group operations to ensure alignment / share knowledge / ideas and resource projects efficiently.
- Advise and partner with the Sector heads and Senior management 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.
- Lead 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.
- Manage price assessment complaints, escalating to Sector head and Price Group colleagues as appropriate to ensure resolution.
- Jointly approving corrections as required in line with editorial standards.
- Liaise and support MOC Operations PG review process when required.
- Mentor frontline editors and demonstrate best practice in market reporting and implementation of methodology.
What We're Looking For:
- 4+ years in pricing with a detailed knowledge of assessment methods and processes for executing changes to pricing methodology and the introduction of new pricing assessments.
- Degree educated (business, finance, economics, etc).
- Proven strong interpersonal and relationship building skills and ability to influence across the organization.
- Subject matter expert in commodities/trading/markets and the competitive landscape and specialized knowledge of at least one commodity sector.
- 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.
- Previous management experience and strong leadership ability which utilizes influence and promotes team collaboration and development as well as personal accountability.
- Assertive with independent mind who operates with facts and pushes back with respect.
Compensation/Benefits Information (US Applicants Only): S&P Global states that the anticipated base salary range for this position is $100,000 to $150,000. Base salary ranges may vary by geographic location. In addition to base compensation, this role is eligible for an annual incentive plan. This role is eligible to receive additional S&P Global benefits.
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.
Our Purpose: Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology-the right combination can unlock possibility and change the world. Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow.
Our People: We're more than 35,000 strong worldwide-so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
Our Values: Integrity, Discovery, Partnership. At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead.
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.
Diversity, Equity, and Inclusion at S&P Global: At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation - Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work.
Price Group Partner - Emerging Benchmarks employer: S&P Global
Contact Detail:
S&P Global Recruiting Team
EEO.Compliance@spglobal.com
StudySmarter Expert Advice 🤫
We think this is how you could land Price Group Partner - Emerging Benchmarks
✨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 and the industry.
✨Tip Number 2
Network with professionals in the commodities sector, especially those involved in pricing and methodology development. Attend industry events or webinars to connect with potential colleagues and gain insights into the company culture at S&P Global.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully led methodology changes or resolved pricing issues in your previous roles. Highlighting your experience in these areas will showcase your suitability for the Price Group Partner position.
✨Tip Number 4
Demonstrate your leadership skills by sharing instances where you've mentored others or driven team collaboration. This is crucial for the role, as it involves working closely with various teams and influencing decision-making processes.
We think you need these skills to ace Price Group Partner - Emerging Benchmarks
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in pricing and methodology development. Use specific examples that demonstrate your knowledge of commodities and your ability to influence across an organisation.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Discuss how your background aligns with the responsibilities of the Price Group Partner position, particularly in leading methodology development and engaging with stakeholders.
Showcase Your Presentation Skills: Since strong presentation skills are essential for this role, consider including a brief section in your application that outlines your experience presenting at industry events or conferences. Highlight any successful engagements that raised visibility for previous employers.
Highlight Leadership Experience: Emphasise any previous management roles or leadership experiences you have had. Discuss how you have mentored others or driven team collaboration, as these qualities are crucial for the Price Group Partner position.
How to prepare for a job interview at S&P Global
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Price Group Partner role and its responsibilities. Familiarise yourself with the key aspects of methodology development, market reporting best practices, and how they relate to the commodities sector.
✨Showcase Your Expertise
Be prepared to discuss your knowledge of pricing methodologies and your experience in the commodities market. Highlight specific examples where you've successfully influenced methodology changes or resolved pricing issues.
✨Demonstrate Strong Interpersonal Skills
Since this role requires collaboration across various teams, be ready to showcase your interpersonal skills. Share experiences where you've built relationships or influenced stakeholders effectively.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making process. Think about past challenges you've faced in pricing or methodology development and how you overcame them.