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Business Development Representative
Fastmarkets Boston, MA
$90k-116k (estimate)
Full Time | Wholesale 4 Weeks Ago
Save

Fastmarkets is Hiring a Business Development Representative Near Boston, MA

Company Description

Fastmarkets is an independent commodity pricing and information organisation with over 600 staff. We are fuelled by values that bring us all together and are united by a collective passion to make a difference. We are supported by a working model that is based on a hybrid approach that allows each of us to balance home and office working while encouraging effective collaboration and accountability.

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, make 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 is owned by global private equity firm Astorg, a specialist investor in healthcare, software, technology, business services and technology-based industrial companies.

Job Description

As a Business Development Representative (BDR) at Fastmarkets, you will play a pivotal role in identifying, nurturing, and converting new business opportunities.

Your primary responsibilities will include generating and qualifying leads, building relationships with potential clients, and working closely with the sales and marketing teams to ensure the continued growth of our customer base. The role of Business Development Representative is a crucial role to the acceleration of the Fastmarkets growth, the right candidate will be experienced in delivering significant growth through new business opportunity generation. They will be prepared to work purely through outbound prospecting without relying on an account book to generate opportunity within their territory. Experience within the PRA or commodities markets would be welcomed. 

Principal Accountabilities

  • Conduct market research to identify potential customers and industries.
  • Generate high-quality leads through various channels, including cold calling, email campaigns, and social media.
  • Qualify leads to assess their fit with our products or services.
  • Outreach to prospects via high volume of emails, phone calls, and over social media channels such as Linkedin.
  • Engage with prospective customers to understand their needs and challenges.
  • Effectively communicate the value proposition of our products/services.
  • Work closely with the sales team to create choreographed account and territory outreach plans.
  • Schedule and coordinate meetings or product demonstrations for the sales team with potential clients.
  • Develop and improve sales skills through training and shadowing AE’s.
  • Log and record detailed notes and follow ups in our CRM (Salesforce)
  • Set and attain daily, weekly, and monthly pipeline metrics.
  • Provide regular reports on lead generation and conversion metrics.
  • Stay informed about industry trends and competitors to identify new opportunities.
  • Collaborate with the marketing team to align outreach strategies with market dynamics.

Qualifications

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.

If you are open-minded, curious, resilient, solutions-oriented and committed to promoting equality, then read on...

KNOWLEDGE, EXPERIENCE AND SKILLS

We are looking for an individual who is highly motivated, driven, and have a passion to be part of a fast-paced, successful team. Being a strong team player is also important as well as someone who is happy to work flexibly.

  • Bachelors degree or equivalent in numerate, technical or business discipline
  • Previous B2B sales experience preferred, but not required
  • Ambitious and able to hold self accountable for delivering on activity and outcome KPIs.
  • Great attitude, a love of close team collaboration, and a desire to move and grow quickly in a fast paced environment.
  • Love to prospect – you will act as the engine of our sales team by warming up leads to be shared with AEs.
  • Superb communication and interpersonal skills.
  • Experience of the commodities industry (or to very quickly learn it).
  • Goal-oriented and results-driven with the ability to create a sense of urgency.
  • Self-motivated, persistent and goal-oriented attitude and can work effectively as an individual or part of a team.
  • A proven track record using CRM (Salesforce) software and lead generation tools (ZoomInfo, Sales Navigator) is a plus.

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

Additional Information

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.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$90k-116k (estimate)

POST DATE

03/29/2024

EXPIRATION DATE

05/28/2024

WEBSITE

fastmarkets.com

HEADQUARTERS

CHICAGO, IL

SIZE

500 - 1,000

FOUNDED

1882

CEO

JAMES MANFIELD

REVENUE

<$5M

INDUSTRY

Wholesale

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About Fastmarkets

Fastmarkets has over 130 years of commodity expertise and aims to be the worlds leading and most trusted price reporting and intelligence service. Using transparent and auditable methodologies to report data and insights in a variety of industries, we provide interested parties with a clear picture on the markets and their effects on business and the supply chain. Discover the Fastmarkets masterbrand story. Learn more: http://bit.ly/fastmarkets-brand-story

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The job skills required for Business Development Representative include Business Development, Prospecting, Cold Calling, Futures, Lead Generation, Sales and Marketing, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Representative. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Representative. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Business Development Representative positions, which can be used as a reference in future career path planning. As a Business Development Representative, it can be promoted into senior positions as a Business Development Associate III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Representative. You can explore the career advancement for a Business Development Representative below and select your interested title to get hiring information.

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If you are interested in becoming a Business Development Representative, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Representative for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Business Development Representative job description and responsibilities

When a prospect first enters the sales funnel, a business development representative takes charge of taking the operation efficiently to the end goal because they are at the forefront of the sales process.

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On a daily basis, a business development representative will perform a variety of diverse tasks that will help them achieve their goals.

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Business development representatives have been able to use cold calling and prospect high-level potential customers.

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A business development representative cultivates relationships with potential business clients of an organization.

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Generated new business opportunities by sending email communications and making outbound calls to qualified prospects.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Business Development Representative jobs

Find a Balance of Personalization and Efficiency.

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Use simple and concise language.

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Earn professional certifications.

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Step 3: View the best colleges and universities for Business Development Representative.

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