Job Information
S&P Global Pricing Methodology Specialist in Penang-Jalan, Malaysia
About the Role:
Grade Level (for internal use):
10
The Role: Pricing Methodology Specialist
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.
What's in it for you : Platts price assessments underpin more than 250 global commodity price benchmarks cleared by more than 1200 financial contracts - across more than six global exchanges. The Methodology Specialist has the opportunity to guide methodology development, as well as assisting price resolution and market reporting best practice, supporting our frontline reporting teams. The Methodology Specialist works with sector stakeholders to conceptualize and develop our world-class pricing methodologies, focusing on emerging benchmarks in the areas of Biofuels and their feedstocks.
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.Sustainable Aviation Fuel, Ethanol) 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 Biofuels and feedstocks, 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 methodologydocumentation
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
Responsibilities:
Bring structureglobal 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
What We're Looking For:
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)
What’s In It For You?
Our Purpose:
Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology–the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People:
We're more than 35,000 strong worldwide—so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We’re committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We’re constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits:
We take care of you, so you can take care of business. We care about our people. That’s why we provide everything you—and your career—need to thrive at S&P Global.
Our benefits include:
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.
For more information on benefits by country visit: https://www.spglobal.com/en/careers/our-culture/
Diversity, Equity, and Inclusion at S&P Global:
At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation – Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn’t stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
20 - Professional (EEO-2 Job Categories-United States of America), EDTGRP202.1 - Middle Professional Tier I (EEO Job Group)
Job ID: 299166
Posted On: 2024-03-15
Location: Penang-Jalan, Pulau Pinang (Penang), Malaysia