Price Group Methodology Partner, Emerging Benchmarks
Full time
at S&P Global, Inc.
in
Malaysia
Posted on March 25, 2024
Job details
About the Role:
Grade Level (for internal use): 11 The Role: Price Group Methodology Partner, Emerging Benchmarks The Team: This is an outstanding opportunity to join the world's leading price reporting organization as it continues to develop its strong presence in the global commodity markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to commodities markets. Price Group is an integral part of the price assessment content team and collaborates across all functions within Platts globally. Focused on price assessment methodology development and deployment, the group also manages the dissemination of market reporting best practices. Many of Price Group’s functions are designed to deliver on our governance model based on our Editorial Standards. The Impact : Thought leadership in market evolution, methodology change and development, maintaining the highest standards and integrity of Platts price assessments. This includes:- All aspects of methodology development including the conceptualization of new ideas, partnering with regional managers and teams that lead day-to-day market reporting and price assessment activities - (i.e., proteins, grains) resulting in the successful benchmark development
- Alongside the Global Manager, Price Group Partners – Emerging Benchmarks, and senior Price Group colleagues, build and implement the plan for methodology development and best practices for Agriculture and Food, taking cues from Sector leadership.
- Extensive cross commodity external engagement supporting methodology research and development and educating the market through strategic engagement programs, with the main players and active trading community
- Issue resolution resulting in the highest standards being maintained, building trust in the standards and processes in place
- Collaboration with other colleagues in Market Development & Engagement, particularly the Market Integrity & Review team and the Strategic Engagement & Intelligence Group, as well as other functional groups internally, resulting in the consistent execution of Platts methodology and the maintenance of robust price assessments
- Ensuring the methodology process is followed and reviewing and approving updates as defined in Platts editorial standards
- Ensuring our methodology development and change is conducted in line with Platts governance model and is aligned with the IOSCO Principles for Price Reporting Agencies and the EBMR
- Supporting the escalation and resolution of assessment complaints and in-depth price reviews, building confidence in the integrity of Platts processes and standards
- Support the curation of best practice documentation that is referenced by price reporting teams
- Lead annual commodity team process for updating methodology documentation
- Responsible for driving best practices across commodity group, through training of front line, and helping instill integrity into Platts assessments
- Mentoring front-line around external messaging, by sharing experience, helping build trust with customer
- Bring structure to global price assessment methodology development working with the commodity leadership and managers
- Collaborate with other methodology development specialists and Market Integrity & Review team to ensure alignment / share knowledge / ideas and resource projects efficiently
- Advise and partner with Sector leadership on market and methodology development / new markets
- Engage with internal and external Stakeholders of methodology change process and collaborate with other functional groups such as BCQ, Product, Product Development, and Commercial
- Ensure editorial governance through appropriate capture of key change procedures and processes for methodology development and methodology change projects
- Leverage presentation opportunities at industry events/conferences raising the visibility of Platts prices/benchmarks and the relevance of the methodology
- Guide on price assessment inquiries, escalating to Sector head and Price Group colleagues as appropriate to ensure resolution
- Jointly approving corrections as required in line with editorial standards
- Lead sector escalation point/deal with price assessment complaints & escalate appropriately to ensure resolution. Liaise and support MOC Operations PG review process when required
- Work with frontline editors to build on best practices in market reporting and implementation of methodology
- Knowledge of assessment methods and processes with a view to executing changes to pricing methodology and the introduction of new pricing assessments
- Subject matter expert in commodities/trading/markets and the competitive landscape and specialized knowledge of at least one commodity sector
- Proven strong interpersonal and relationship building skills and ability to influence across the organization.
- Proven strong interpersonal and relationship building skills and demonstrable ability to collaborate with internal stakeholders
- Strong presentation skills to present at industry events, professional associations and conferences
- Tenacity and the ability to gain buy-in to decisions and drive issues to completion
- Strong leadership ability which utilizes influence and promotes team collaboration and development as well as personal accountability
- A critical thinker, assertive with independent mind who operates with facts and pushes back with respect
- Degree educated (business, finance, economics, etc)
- Health & Wellness: Health care coverage designed for the mind and body.
- Flexible Downtime: Generous time off helps keep you energized for your time on.
- Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
- Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
- Family Friendly Perks: It’s not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
- Beyond the Basics: From retail discounts to referral incentive awards—small perks can make a big difference.
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