Market Pricing Analyst

2 weeks ago


Chicago, Illinois, United States Fastmarkets Full time

Company Overview

Fastmarkets stands as a premier price-reporting agency (PRA) and information source for global commodities. We deliver essential price data, news, analytics, and events across various sectors including agriculture, forest products, metals, mining, and emerging energy markets.

Our data is vital for clients aiming to comprehend and forecast the complexities of dynamic markets, facilitating effective trading and risk management strategies. With a legacy dating back to 1865, Fastmarkets operates globally, employing over 600 professionals across diverse locations.


Position Overview

The selected candidate will develop expertise in the stainless-steel scrap sector, generating high-quality pricing and news consistent with the company's PRA methodology. Collaboration within both regional and global teams will be essential to enhance the establishment and acceptance of Fastmarkets' benchmark prices.


Key Responsibilities

  • Develop comprehensive knowledge of the fundamentals, supply chain, end-uses, and key players in the stainless-steel scrap markets to produce accurate prices and exceptional content.
  • Gather pricing information and establish prices adhering to the company's rigorous methodology and standards.
  • Support colleagues in their pricing areas to ensure market consistency and broaden personal knowledge.
  • Conduct peer reviews of pricing to confirm adherence to processes and appropriate editorial judgment, ensuring our prices reflect market realities.
  • Compose market analyses, timely news updates, and insightful articles with PRA perspectives to enhance readership and promote the use of Fastmarkets' prices in both physical and financial contracts.
  • Expand and manage a network of industry contacts to gather pricing data and secure exclusive news, utilizing various communication methods.
  • Address inquiries from contacts and the market regarding specific pricing sessions, seeking guidance from senior reporters when necessary to maintain transparency.
  • Assist the section editor in reviewing and managing the existing pricing pipeline while identifying new pricing opportunities.
  • Contribute to the promotion of Fastmarkets' prices and expertise through market engagement initiatives, including the creation of PRA content, white papers, and infographics, as well as participation in events and industry meetings.

Qualifications

We seek dynamic individuals with diverse backgrounds who share our commitment to delivering the world's leading price reporting and intelligence services. We are an equal opportunity employer dedicated to fostering an inclusive workplace where everyone can contribute meaningfully.

If you are open-minded, curious, resilient, and solutions-oriented, we encourage you to consider this opportunity.


Required Skills and Experience

  • Proficient in written and spoken English.
  • Interest and understanding of financial markets and commodities.
  • Strong networking and communication abilities, with a confident telephone demeanor.
  • Ability to work with discipline and initiative to uncover stories and information.
  • Team-oriented individual who promotes a positive working environment and maintains professionalism and integrity.
  • Curiosity to expand market knowledge and actively participate in projects and training.
  • Proficient in numerical analysis and spreadsheet management, capable of producing analytical editorial content.
  • Interpersonal skills to address queries regarding pricing and specific pricing sessions.

Company Values

At Fastmarkets, our team members come from various backgrounds, contributing to a warm and welcoming culture. Our values, created by our employees, reflect the traits that define us:

  • Metrics Driven: We leverage insights to enhance customer experiences and business performance.
  • Accountable: We hold ourselves accountable to our commitments and ensure tasks are completed.
  • Growth Mindset: We adapt swiftly to changing conditions and operate with urgency.
  • Inclusive: We respect and celebrate diversity, fostering a sense of belonging.
  • Customer Centric: Our focus remains on the customer in all our endeavors.
  • Collaborative: We work across teams, harnessing diverse perspectives and experiences.

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