Used Cooking Oil Pricing Analyst - Remote (Contract)
Posted Sep 12, 2022 - Requisition No. 106421
Green Markets, a Bloomberg Company, offers an exciting opportunity for a Used Cooking Oil Pricing Analyst to join a growing market research team. This position is offered as remote-located, or can be located at any Bloomberg office location in the U.S.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively.
For over 40 years, Green Markets has improved the performance of companies across commodity product value chains. By creating market transparency, Green Markets enables professionals to make more informed decisions and improve company performance.
Green Markets has recently expanded its industry coverage to include used cooking oil (“UCO”). Through a new market report, the business will provide detailed insight on pricing trends and market conditions. The new product will be offered for sale to market participants including restaurants, food manufacturers, brokers, renewable diesel manufacturers and diesel end-users.
The Used Cooking Oil Pricing Analyst continually develops and manages a network of industry participants representing buyers, sellers, and market intermediaries. Following specific guidelines the analyst regularly engages with and gathers data from market participants to develop proprietary price assessments for key product and regional markets.
The successful candidate will be a highly motivated individual with the ability to develop a strong network within the UCO industry to undertake price discovery and ascertain market developments. The role requires communicating with market participants on the buy and sell side, learning/knowing/uncovering market trends and developments, and synthesizing this information to develop proprietary pricing intelligence to be used across UCO markets by a variety of constituents.
You will be responsible for sourcing market sentiment information, reacting to feedback from clients and company stakeholders, and managing ad-hoc projects that are part of the overall product strategy. Your knowledge will also play a central part in the marketing of any product launch.
We’ll trust you to:
- Develop proprietary UCO price and market sentiment source network
- Work within a pricing discovery process provided to you by Bloomberg that includes:
- Use of salesforce automation software that simplifies and organizes network development; provides activity tracking using established methods and best practices
- Use of a source and pricing data tracking tool to organize data and provide transparency of network/source feedback
- Use of Bloomberg email systems
- Operate within established ethical guidelines to be provided
- Obtain current market prices and market sentiment narrative for UCO products. Market Regions of Interest: United States: Gulf Coast, New York City, Chicago, Missouri River, California, Carolinas, Texas
You’ll need to have:
- 3+ years of professional experience in analyzing, buying or selling used cooking oil (UCO) products or services
- Credible contacts in the U.S. UCO markets and/or a strong understanding of the companies operating in this industry
- Superlative communication, interpersonal, networking and relationship development skills
- Analytical and information gathering skills combined with the ability to develop conclusions on market pricing trends
- BS degree minimum
- English fluency
- Legal authorization to work full-time in the United States and not require visa sponsorship now or in the future
We’d love to see:
- A passion for understanding the nuances of the UCO industry and markets
- Interest in continuous learning and expanding industry knowledge base
- Ability to assimilate and transform gathered market intelligence into narrative market reporting
Does this sound like you?
Apply if you think we're a good match. We'll get in touch to let you know what the next steps are.
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