Price reporter

Job Advert

About Fastmarkets

Fastmarkets is an independent commodity pricing and information organisation with over 500 staff. We are fuelled by values that brings us all together and are united by a collective passion to make a difference. We are supported by a working model that we call “Working 3.0” that is based on flexibility and trust, which allows us to bring our best selves to work every day.

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, making 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 was founded in 1913 (as Metal Bulletin) and is a privately held UK-registered company. It is owned by global private equity firm Astorg, a specialist investor in healthcare, software, technology, business services and technology-based industrial companies.

About the role

 The price reporter role fosters expertise in one or several metal markets and produce quality prices and news in line with the company’s PRA approach as well as working within a regional and global team to support the development and adoption of Fastmarkets' benchmark prices.

This role focuses on pricing specific markets either produced or consumed in Latin America, as well as publishing market reports, breaking news, interviews and in-depth features. The role also includes nurturing a strong network in Latin America and supporting occasional events. The price reporter will report to the Non-Ferrous editor based in the US, and work closely with colleagues in Europe.

Fastmarkets, a world-leader in global metals markets, is a fast-growing company with progressive policies such as flexible working and a 4.5 day working week. The price reporter exemplifies the heart of Fastmarkets’ strategy as an industry-leading price provider and operates within a global network of skilled reporters and dedicated resources that offer training, ensure data integrity and enforce strict pricing procedures in line with industry compliance principles. There is scope to review, launch and promote prices and advise senior editorial members of market opportunities. Travel and engaging directly with market participants is also part of the role. 

Principal accountabilities· Foster in-depth knowledge of the fundamentals, supply chain, end-uses and key participants for specific 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

Key interfaces· Work with a team of regional price reporters to communicate, define and execute the daily agenda of content and prices in coordination with the global team.

• Report to section editor and follow guidance from senior reporters within the team. Attend training courses.
• When necessary liaise with other divisions of Fastmarkets (price development team, marketing and events) to help implement the company’s PRA strategy.
• Engage with major industry participants (traders, producers, consumers and brokers) about the markets you cover, in line with the team’s market engagement plan.

Skills and knowledge· A high level of written and spoken English. Knowledge of another language is helpful but not required.

• 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

About you

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. You must be open-minded, curious, resilient, and solutions-oriented, and committed to promoting equality.

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

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.

Closing date for applications: 30th November 2023

Location: Brazil