Pricing Methodology Specialist

**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 conceptualiz e 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 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

**Responsibilities**:
Bring s tructure 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 proces