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Price Reporter

4 months ago

Houston, United States Fastmarkets Full time

Fastmarkets is an independent commodity pricing and information organisation with over 600 staff. We are fuelled by values that bring us all together and are united by a collective passion to make a difference. We are supported by a working model that is based on a hybrid approach that allows each of us to balance home and office working while encouraging effective collaboration and accountability.

Fastmarkets is the most trusted Price Reporting Agency (PRA) in the metals, mining, agriculture, forest products, and energy transition markets. Our price data, forecasts, and market analyses give our customers strategic advantage in complex, volatile, often opaque markets. Our events provide forums for market participants to come together, trade, and talk through the critical issues of our times.

We are making a difference. Fastmarkets works to create transparent commodity markets through our reliable and trusted price data and market intelligence. The markets we serve are central to how economies work and are essential for our lives. By doing this, Fastmarkets helps our customers build a more sustainable world. We are built on a 130-year foundation while bringing a digital platform to market, combining the currency of trust with the power of digital.

Most importantly, we are fuelled by our teams that, across the globe, make the amazing possible. With a deep sense of purpose and belonging, we are building an extraordinary future together. If you would like to help build the future, we hope you will join us on our journey.

Fastmarkets is owned by global private equity firm Astorg, a specialist investor in healthcare, software, technology, business services and technology-based industrial companies.

The holder will foster expertise in the ferrous and non-ferrous scrap markets and produce quality prices and news in line with the companys PRA approach. They will work within a regional and global team to support the development and adoption of Fastmarkets' benchmark prices.

Principle accountabilities

  • Foster in-depth knowledge of the fundamentals, supply chain, end-uses and key participants for the non-ferrous, ferrous and battery scrap markets to generate representative prices and world-class content
  • Collect pricing data and set prices in line with the companys robust methodology, price specifications and IOSCO principles
  • Back colleagues up on their pricing patches to provide cover and consistency for the market and build up a wider knowledge base
  • Peer review prices to verify that processes have been followed and editorial judgement applied correctly to ensure our prices are representative
  • Write market commentaries, breaking news and insightful copy with PRA angles, to support the growth in readership and the use of Fastmarkets prices in physical and financial contracts.
  • Manage and expand the number of industry contacts that submit pricing data and give news exclusives, using all means of communication including face-to-face meetings and networking
  • Handle questions from contacts and the market about the dynamics of particular pricing sessions, seeking guidance from senior reporters or section editor when inquiries are sensitive, to make our processes and judgement transparent to the market
  • Assist the section editor to review and manage the existing pipeline of prices and identify new price launch opportunities
  • Help foster Fastmarkets prices and expertise through the teams market engagement plan, which includes producing PRA content, white papers and infographics, participating to internal and external events, promoting the company on social media, and attending industry meetings

Skills, knowledge and experience

  • A high level of written and spoken English and Spanish
  • An interest in and understanding of financial markets and commodities.
  • Strong networking and communication skills, and good confident telephone manner.
  • Ability to work with discipline and dynamism, and take initiatives to cover stories and find information out.
  • Team player who fosters excellent working culture and acts - both internally and externally - in a courteous and professional manner with impeccable integrity.
  • General curiosity in expanding market knowledge and commitment to join in projects and take part in training courses.
  • Ability to work with numbers and spreadsheets and produce analytical editorial copy.
  • People skills to answer queries about prices and particular pricing sessions.

Our Values

Fastmarkets people come from all different walks of life. Its this mix of brilliant personalities, experiences and insights that gives us that warm, open, and friendly culture you can feel as soon as you meet us. But however wonderfully different we all are, there are six things we all have in common and they form our Fastmarkets values.

Created by our own employees to reflect some of the personal traits that Fastmarkets people have, our values are key to what makes our culture unique. They reflect who each of us are and they're embedded in everything we do. Our values are:

  • METRICS DRIVEN. We use insights to improve our customers experience and our business performance
  • ACCOUNTABLE. We are accountable to ourselves and those we work with: we keep our promises and get things done
  • GROWTH MINDSET. This value enables us to be nimble to the changing realities and operate with a sense of urgency
  • INCLUSIVE. We are inclusive and respectful, celebrating each of us and giving everyone a deep sense of belonging with the desire to bring their best self to work every day.
  • CUSTOMER CENTRIC. We are customer-centric in all that we do
  • COLLABORATIVE. We are collaborative, able to work across teams and capitalise on the diversity of intellect, perspectives, and experiences.

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