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Commercial Operations Manager (Hybrid)

Company Description

Fastmarkets is an industry-leading price-reporting agency (PRA) and information provider for global commodities, providing price data, news, analytics and events for the agriculture, forest products, metals and mining and new-generation energy markets.

Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 600 employees spread across global locations in the UK, US, China, India, Singapore, Brazil, Belgium, Finland and beyond. 

Job Description

Fastmarkets is an industry-leading price-reporting agency (PRA) and information provider for global commodities, providing price data, news, analytics and events for the agriculture, forest products, metals and mining and new-generation energy markets.

Fastmarkets' data is critical for customers seeking to understand and predict dynamic, sometimes opaque markets, enabling trading and risk management. Fastmarkets is a global business with a history dating back to 1865 and is built on trust and deep market knowledge. It has more than 600 employees spread across global locations in the UK, US, China, India, Singapore, Brazil, Belgium, Finland and beyond. 

JOB PURPOSE

Aligned with Fastmarkets' vision of being a customer-centric organization, the Commercial Operations Manager will play a pivotal role in supporting the Director of Commercial Operations  in translating Fastmarkets' strategy into actionable initiatives, supporting the broader commercial function, and driving the Fastmarkets 2030 program.

This role requires a strategic thinker with an exceptional eye for detail and a commitment to operational excellence. The ideal candidate will have a strong interest in understanding how Fastmarkets’ offerings add value to clients’ decision-making and operations, leveraging our extensive team of market analysts and price reporters.  

PRINCIPAL ACCOUNTABILITIES

The Commercial Operations Manager will partner closely with the Commercial Operations Director to deliver on three key strategic pillars, driving Fastmarkets’ growth objectives.   

  1. Commercial Reporting and Planning 
  • Support the Commercial Operations Director in reporting on strategic commercial initiatives and the transformation program for Commercial leadership and monthly Board updates.   
  • Manage the creation and ongoing development of forward-looking reporting packs, providing strategic recommendations to ensure Sales performance aligns with expectations.   
  • Proactively monitor forward-looking metrics and propose strategic activities to drive additional growth.   
  • Contribute to the development and enhancement of Fastmarkets’ Commercial KPI dashboards and reporting suite.   
  • Conduct periodic reviews of Fastmarkets' three-year plan to identify opportunities to improve Sales outcomes.   
  • Assist with quarterly and annual sales and financial planning cycles to support commercial growth strategies.   
  1. Sales Technology Stack 
  • Evaluate and recommend new Sales technologies to enhance productivity, reduce costs, and improve EBITDA margins.   
  • Gather input from Sales Directors and teams to investigate comprehensive and mutually exclusive solutions.   
  • Develop business cases for new Sales technology opportunities.  
  • Oversee pilot programs for new Sales technologies, working closely with RevOps and CRM teams to ensure effective implementation and broader rollout. 
  • Monitor and evaluate the impact of implemented Sales technologies, ensuring expected value and commercial outcomes are achieved.   
  1. Investment Tracking (Organic and M&A) 
  • Support M&A integrations and decision-making processes to ensure alignment with project timelines. 
  • Track and report on investments, ensuring they are effectively managed for success or shut down if unsuccessful. 
  • Prepare and present commercial business cases to the C-Suite and Board for additional investment opportunities.   

Qualifications

We are looking for an individual who is highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.

  • Bachelor’s degree in a related field or equivalent professional experience.
  • At least 5 years of experience in a similar role with a proven track record of success, preferably in a B2B data business or private equity portfolio company.  
  • Demonstrated ability to thrive in a fast-paced, dynamic environment.   
  • Excellent communication skills, with a history of success in both one-on-one and group presentations.   
  • Strong collaboration and influencing skills; a true team player with the ability to work effectively across departments.   
  • Exceptional organizational and time management skills, with the ability to prioritize and manage multiple projects.   

Proficiency in CRM systems (e.g., Salesforce) and familiarity with relevant sales technologies is highly desirable.

Additional Information

Our Values

Fastmarkets people come from all different walks of life. It’s 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.

You’ve read a little about us – now it’s over to you!

If you like what you’ve read so far and think you can see yourself as a Fastmarkets person, it’s time to fill in your application form. This form is an important part of the selection process: it’s used to determine whether or not you’ll be chosen to have an interview and acts as a basis for the questions we’ll ask you on the day.

It’s 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 you’re great.

Fastmarkets Glassdoor Company Review
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CEO of Fastmarkets
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Average salary estimate

$70000 / YEARLY (est.)
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What You Should Know About Commercial Operations Manager (Hybrid), Fastmarkets

Are you ready to take the next step in your career with Fastmarkets, where you can be part of a dynamic team as a Commercial Operations Manager? This hybrid role based in London offers a unique opportunity to work with a global leader in price-reporting and market data for commodities. Our mission is to empower clients with the insights they need to make informed decisions, and your role will be pivotal in supporting our Director of Commercial Operations to translate strategic initiatives into actionable plans. You'll be diving deep into commercial reporting and planning, managing forward-looking metrics, and monitoring sales performance while contributing to the development of our Commercial KPI dashboards. But it doesn’t stop there! You'll also play a significant role in evaluating new sales technologies to enhance productivity and improve margins. Your insights will guide our investment tracking processes, ensuring we're aligned in our business ventures. We're looking for someone with a Bachelor's degree and at least 5 years of experience in a similar role, possibly within a B2B data organization. If you're motivated, detail-oriented, and enjoy collaborating with diverse teams, Fastmarkets wants you on board. Join us in shaping the future of market analytics and become a key player in driving Fastmarkets’ growth objectives towards 2030.

Frequently Asked Questions (FAQs) for Commercial Operations Manager (Hybrid) Role at Fastmarkets
What are the responsibilities of a Commercial Operations Manager at Fastmarkets?

The Commercial Operations Manager at Fastmarkets is responsible for supporting the Director of Commercial Operations by translating strategic initiatives into actionable plans. This includes managing reporting on commercial initiatives, developing forward-looking reporting packs, and monitoring sales performance. Additionally, they evaluate new sales technologies, oversee pilot programs, and ensure effective implementation. Investment tracking and supporting M&A integrations are also crucial aspects of the role.

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What qualifications are needed to become a Commercial Operations Manager at Fastmarkets?

To become a Commercial Operations Manager at Fastmarkets, candidates should hold a Bachelor’s degree in a related field or possess equivalent professional experience. A minimum of 5 years in a similar role with a proven track record, particularly in a B2B data business or private equity environment, is essential. Strong communication, collaboration, organizational, and sales technology skills are highly desirable.

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What is the work environment like for a Commercial Operations Manager at Fastmarkets?

The work environment for a Commercial Operations Manager at Fastmarkets is fast-paced and dynamic. The role is hybrid, allowing for flexibility between remote and in-office work in London. Collaboration with diverse teams is encouraged, alongside a strong commitment to operational excellence and customer-centricity that defines Fastmarkets’ culture.

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How does the Commercial Operations Manager contribute to Fastmarkets' growth strategy?

The Commercial Operations Manager contributes to Fastmarkets' growth strategy by supporting the delivery of strategic initiatives across three key pillars: commercial reporting and planning, sales technology enhancement, and investment tracking. By monitoring sales performance and recommending actions, evaluating new technologies, and presenting investment cases, they play a key role in driving forward the Fastmarkets 2030 program and ensuring alignment with broader commercial goals.

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What skills are important for success as a Commercial Operations Manager at Fastmarkets?

Success as a Commercial Operations Manager at Fastmarkets requires a blend of analytical and interpersonal skills. Strong organizational and time management abilities are crucial to prioritize multiple projects, while excellent communication and collaboration skills enable effective teamwork across departments. Additionally, a strong familiarity with CRM systems like Salesforce and other relevant sales technologies is important to drive productivity and achieve commercial outcomes.

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Common Interview Questions for Commercial Operations Manager (Hybrid)
Can you describe your experience with commercial reporting and how it applies to the role of Commercial Operations Manager at Fastmarkets?

In your response, highlight specific instances where you managed commercial reports, detailing your role in interpreting analytics to influence decision-making. Discuss how your previous experiences would directly apply to supporting Fastmarkets' commercial initiatives, ensuring their alignment with strategic objectives.

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What strategies do you use to monitor and improve sales performance metrics?

When answering this question, explain the metrics you've used in past roles and how you've reacted to trends in sales performance. Provide examples of specific strategies you've implemented to drive improvement, focusing on data analysis and collaboration with sales teams.

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How do you approach evaluating and recommending new sales technologies?

Discuss your methodical approach to technology evaluation. Highlight your experience in gathering stakeholder input, assessing business requirements, and how you build compelling business cases based on data-driven insights. Relate how these processes would fit within the Fastmarkets framework.

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What are some challenges you foresee in managing investment tracking and M&A integrations at Fastmarkets?

Recognize potential challenges such as aligning diverse stakeholder interests and timelines. Discuss your approach to overcoming these hurdles through clear communication, structured project management practices, and an emphasis on accountability within your team.

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How do you prioritize tasks in a fast-paced and dynamic environment?

When discussing your approach, emphasize your organizational skills and time management strategies. Provide an example of a time when you had to manage multiple projects simultaneously, explaining how you prioritized tasks based on urgency, impact, and alignment with strategic goals.

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Can you give an example of how you’ve influenced a team to adopt new practices or technologies?

Share a story that illustrates your ability to communicate effectively and rally teams around new initiatives. Highlight your role in facilitating training, addressing concerns, and ensuring that the transition resulted in improved efficiency or outcomes.

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How would you create a culture of accountability within your team?

Discuss specific practices you would implement to foster accountability, such as regular check-ins, transparent goal-setting, and clear performance metrics. Elaborate on your belief in celebrating achievements and providing constructive feedback as part of this culture.

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What measures would you take to ensure fast markets stay customer-centric?

Your response should encompass strategies like regular customer feedback sessions, involving customers in product development, and the continuous improvement loop based on client insights. Highlight your own experiences in putting customers at the heart of business decisions.

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In your opinion, what makes a successful Commercial Operations Manager?

Share your insights on the blend of skills and attributes necessary for success in this role, such as analytical abilities, strategic thinking, relationship-building, and a deep understanding of market dynamics, particularly in the context of Fastmarkets’ offerings.

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How do you handle conflicts that arise within a commercial operations team?

Give examples of how you have successfully navigated team conflicts in the past. Emphasize your conflict resolution skills, such as mediation, fostering open communication, and ensuring all voices are heard to reach a collaborative solution.

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Full-time, hybrid
DATE POSTED
January 8, 2025

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