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Price Reporter (Remote) - job 1 of 2

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

The Role

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

Principal 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 company’s 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 team’s 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

Qualifications

We recruit talented, dynamic people with diverse backgrounds and experiences, all united by a belief in our mission to provide the world’s leading and most trusted price reporting, events, and intelligence service for the markets we serve. We’re 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 open-minded, curious, resilient, solutions-oriented 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 fast-paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.

  • 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.

If you're excited about the role but your experience, skills or qualifications don't perfectly align, we encourage you to apply anyway.

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.

This opportunity is available to applicants based in the following states:
•    Florida
•    Georgia
•    Illinois
•    Massachusetts*
•    North Carolina
•    New Hampshire*
•    New Jersey*
•    New York*
•    Oregon*
•    Pennsylvania
•    Tennessee*
•    Texas
•    California
•    Colorado
* Denotes states with office locations to support hybrid working

You can see that  on a map here: US Hiring States

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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Raju Daswani
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Average salary estimate

$62500 / YEARLY (est.)
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$50000K
$75000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Price Reporter (Remote), Fastmarkets

Are you passionate about financial markets and commodities? Fastmarkets is seeking a dynamic Price Reporter to join our remote team based in Texas City, TX. As a Price Reporter, you'll dive deep into the ferrous and non-ferrous scrap markets, collecting pricing data and setting prices according to our robust methodology. In this role, you'll not only generate quality price reports but also produce engaging market commentaries and insightful content that resonates with our audience. We thrive on collaboration, and you'll be part of a global team that emphasizes the sharing of knowledge and expertise. You'll engage with industry contacts, attend events, and leverage your networking skills to provide comprehensive insights into market dynamics. At Fastmarkets, we believe in a culture built on trust and inclusivity, welcoming diverse backgrounds to foster growth. If you have a strong command of English and Spanish, a curiosity for market trends, and the determination to contribute to a bold, customer-centric team, we want to hear from you. Together, we'll empower our clients with vital information they need to navigate the complexities of the commodity markets.

Frequently Asked Questions (FAQs) for Price Reporter (Remote) Role at Fastmarkets
What responsibilities does a Price Reporter at Fastmarkets hold?

As a Price Reporter at Fastmarkets, your primary responsibilities will include fostering in-depth knowledge of the scrap markets, collecting and analyzing pricing data, and producing high-quality market commentary. You'll collaborate with a global team to ensure our prices reflect true market conditions and engage with industry contacts to enhance our data collection.

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What qualifications do I need to apply for the Price Reporter position at Fastmarkets?

To be successful as a Price Reporter at Fastmarkets, you'll need a strong background in financial markets and commodities. Excellent written and spoken English and Spanish skills are essential, along with strong communication and networking abilities. A keen attention to detail and the ability to analyze data effectively are also crucial.

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What is the work culture like for a Price Reporter at Fastmarkets?

Fastmarkets fosters a friendly, inclusive, and collaborative work culture. As a Price Reporter, you'll be encouraged to bring your unique perspectives and ideas to the table, contributing to a team environment that values accountability, growth, and customer-centricity.

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How does a Price Reporter at Fastmarkets engage with the market?

Engagement is key for a Price Reporter at Fastmarkets. You'll manage industry contacts, handle inquiries about pricing sessions, and attend relevant events to enhance your market insight. Your role will involve networking and building relationships to ensure you stay informed and effective in your reporting.

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What growth opportunities does the Price Reporter position offer at Fastmarkets?

The Price Reporter position at Fastmarkets offers numerous growth opportunities. You'll have access to training courses, the chance to participate in various projects, and the ability to expand your skill set in market analysis and reporting. Your contributions can lead to increased responsibilities and career advancement within the organization.

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Common Interview Questions for Price Reporter (Remote)
How do you stay updated on market trends relevant to the Price Reporter role?

To stay updated, I regularly read financial news, subscribe to relevant industry newsletters, and participate in professional networks. Engaging with market participants and attending industry events also helps me gain insights into emerging trends.

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Can you describe a time when you had to analyze complex data to make a reporting decision?

In my previous role, I encountered a situation where market data was conflicting. I conducted thorough research, cross-referenced multiple sources, and consulted with colleagues before making a well-informed reporting decision that aligned with our standards.

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How would you approach building and maintaining industry contacts for pricing data?

I believe in establishing genuine relationships through open communication and delivering valuable insights. I would reach out to industry professionals, attend networking events, and follow up regularly to keep the dialogue going, thereby ensuring a steady flow of pricing data.

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What strategies do you use to ensure accuracy in your pricing reports?

To ensure accuracy, I adhere strictly to established methodologies and best practices. I cross-verify data with multiple sources, peer review my reports, and engage with colleagues to discuss any discrepancies before finalizing the pricing.

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How do you handle sensitive inquiries from market contacts?

When faced with sensitive inquiries, I maintain transparency and professionalism. I clarify the context of my reporting and consult senior reporters for guidance to ensure that our responses adhere to company policies and reflect our values.

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Describe how you would write a market commentary.

In writing a market commentary, I’d first gather data and insights from various sources. I'd then create a clear structure focusing on key trends and developments, ensuring that my language is engaging and informative while supporting the pricing data with relevant context.

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What role does teamwork play in the Price Reporter position?

Teamwork is vital as it promotes the sharing of information and diverse perspectives. Collaborating with fellow reporters ensures consistent pricing strategies and enhances our understanding of market dynamics, ultimately improving our reporting accuracy.

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What motivates you to work in price reporting?

I am motivated by the challenge of interpreting market data and the potential to influence decision-making for clients. The dynamic nature of the commodity markets excites me, and I enjoy the opportunity to provide clarity and insights through my reports.

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How would you manage multiple pricing responsibilities efficiently?

I would prioritize tasks based on urgency and importance, utilize project management tools to keep track of deadlines, and communicate effectively with my team to ensure coverage and support for all pricing patches without compromising quality.

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What are your thoughts on the importance of compliance with IOSCO principles in pricing?

Compliance with IOSCO principles is crucial for ensuring transparency, reliability, and integrity in pricing. It builds trust with clients and positions Fastmarkets as a respected authority in the market, enhancing our credibility and reputation.

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DATE POSTED
January 15, 2025

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