We are seeking an experienced and strategic Head of Methodologies to lead the development governance and continuous improvement of our pricing methodologies. This role is critical in ensuring the continued integrity transparency and accuracy of our price assessments across various commodity markets.
The ideal candidate will have a deep understanding of price formation regulatory frameworks and best practices in price reporting. They will work closely with our editorial pricing compliance and technology teams to enhance and standardize methodologies in line with global industry standards such as the IOSCO Principles for PRAs.
Key Responsibilities
Methodology Development & Governance
- Lead the design implementation and governance of robust and transparent pricing methodologies across multiple commodity markets. Ensure they capture Fastmarkets global standards for all the markets while accounting for the specific requirements of each commodity.
- Ensure all methodologies align with industry best practices regulatory requirements (e.g. IOSCO European Benchmark Regulation and internal compliance policies. Lead annual reviews of benchmark statements as defined under the BMR.
- Work with the pricing operations and compliance teams to support improvements to the internal audit process to streamline internal workflows and increase the likelihood of success.
- Regularly review and refine existing methodologies to adapt to market changes new data sources and evolving customer needs. Capture feedback from methodology reviews to enhance methodologies in collaboration with the editorial team.
- Ensure the impact of policy changes (including tariffs and sanctions) is swiftly and deftly managed and captured in methodologies.
- In collaboration with the Compliance team develop processes for assessing and mitigating risks related to price assessments including potential market manipulation concerns.
Market Engagement & Stakeholder Management
- Engage with market participants to gather feedback and ensure methodologies reflect realworld trading practices.
- Represent the company in industry events and regulatory discussions related to price reporting methodologies.
- Work closely with compliance legal and editorial teams to ensure transparency and accountability in pricing decisions.
Data & Technology Integration
- In collaboration with the editorial operations team support the integration of data science automation and technology tools to enhance the efficiency and accuracy of pricing methodologies.
- Collaborate with IT teams to ensure robust data governance frameworks and quality control measures.
Training & Internal Best Practices
- Provide leadership and training to pricing teams on methodology principles ensuring consistency across global pricing desks and commodity markets.
- Facilitate brainstorming sessions with editorial and compliance to challenge inconsistencies in the application of methodologies and bring alignment and transparency to operational pricing practices.
- Develop documentation methodology handbooks and training programmes for internal and external stakeholders.
- Act as the key point of contact for internal methodologyrelated queries disputes and audits.
Qualifications :
We recruit talented dynamic people with diverse backgrounds and experiences all united by a belief in our mission to provide the worlds leading and most trusted price reporting events and intelligence service for the markets we serve. Were 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 openminded curious resilient solutionsoriented and committed to promoting equality then read on.
KNOWLEDGE EXPERIENCE AND SKILLS
We are looking for an individual who is highly motivated driven and have a passion to be part of a fastpaced successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.
- 7 years of experience in price reporting commodity markets financial benchmarks or related fields.
- Strong understanding of IOSCO Principles EU Benchmark Regulation (BMR) SEC compliance and global regulatory standards pertaining to commodities markets and price discovery.
- Expertise in price formation mechanisms market structure and trading dynamics across commodity sectors.
- Experience leading crossfunctional teams driving change and implementing best practices in pricing governance.
- Strong analytical skills including experience working with datadriven methodologies statistical models or technologydriven pricing solutions.
- Excellent stakeholder management and communication skills with the ability to engage with producers consumers traders analysts and regulators.
- Advanced degree in Economics Finance Data Science or related field is preferred.
If youre excited about the role but your experience skills or qualifications dont perfectly align we encourage you to apply anyway.
Additional Information :
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 theyre 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 customercentric in all that we do
- COLLABORATIVE. We are collaborative able to work across teams and capitalise on the diversity of intellect perspectives and experiences.
Youve read a little about us now its over to you!
If you like what youve read so far and think you can see yourself as a Fastmarkets person its time to fill in your application form. This form is an important part of the selection process: its used to determine whether or not youll be chosen to have an interview and acts as a basis for the questions well ask you on the day.
Its vital that you try to capture all the relevant information we have asked for on the form so we can get a good feel for who you are and why youre great.
Remote Work :
No
Employment Type :
Fulltime