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For Companies At a Glance
- Tasks: Manage the full sales cycle for foreign exchange services and client portfolios.
- Company: Join a dynamic firm specialising in international payments and currency markets.
- Benefits: Enjoy a competitive salary, transparent commission structure, and potential for remote work.
- Why this job: Be part of a fast-paced environment with opportunities to build relationships and make an impact.
- Qualifications: Experience in foreign exchange, client management, and a degree or equivalent is preferred.
- Other info: Willingness to travel and pass background checks is required.
The predicted salary is between 43200 - 72000 £ per year.
Our client is seeking several full-time experienced Foreign Exchange Dealers. This is a 360 role and the successful applicants will be in control of the full sales cycle including both the sales and dealing aspects. Responsible for selling and managing foreign exchange services to companies and sending and receiving payments each day in multiple different currencies all around the world. You should have experience in international payments, currency markets, and currency derivative products.
Job Duties
- Develop strategies for building relationships with experienced mid-cap corporate clients.
- Initiate the sales process by scheduling appointments, making presentations, and understanding account requirements.
- Close sales by building rapport with potential referral sources and accounts, explaining product and service capabilities, overcoming objections, and preparing contracts.
- Manage all elements of a client portfolio.
- Contact corporate clients and set appointments with new business opportunities.
- Market and close sales opportunities for foreign exchange products and international payment services.
- Build and maintain strategic business relationships with existing and prospective clients.
- Manage the complete sales cycle process to ensure maximum productivity and completion of sales/pipeline reports and competitor information.
- Communicate customer requirements, sales, and lead information with the trading team and management.
- Adhere to the Compliance and Anti-Money Laundering procedures, as well as all company policies.
Requirements
- Proficiency in derivative instrument pricing and sales.
- Experience managing a portfolio of clients.
- Extensive knowledge of client exposures at a corporate level.
- Experience selling cash flow and fair value hedges to corporations.
- Willingness to travel.
- Bachelor’s degree and/or equivalent ideal.
- Proficient in Microsoft Office/Excel.
- Need to pass a financial and criminal background check.
Package
Competitive base – up to £60K with a transparent commission structure, and residual commissions on your portfolio clients.
360 FX Sales & Dealing employer: TN United Kingdom
Contact Detail:
TN United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 360 FX Sales & Dealing
✨Tip Number 1
Network with professionals in the foreign exchange and finance sectors. Attend industry events, webinars, or local meetups to connect with potential colleagues and clients. Building relationships can lead to valuable referrals and insights into job opportunities.
✨Tip Number 2
Stay updated on the latest trends in currency markets and international payments. Follow relevant news sources, subscribe to financial newsletters, and engage in online forums. This knowledge will not only help you in interviews but also demonstrate your passion for the industry.
✨Tip Number 3
Prepare to discuss your experience with managing client portfolios and sales cycles in detail. Be ready to share specific examples of how you've built relationships and closed deals in the past. This will showcase your expertise and fit for the role.
✨Tip Number 4
Familiarise yourself with compliance and anti-money laundering procedures relevant to the foreign exchange industry. Understanding these regulations will not only prepare you for the role but also show your commitment to ethical practices in finance.
We think you need these skills to ace 360 FX Sales & Dealing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in foreign exchange dealing, international payments, and client portfolio management. Use specific examples to demonstrate your proficiency in derivative instrument pricing and sales.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the sales cycle in foreign exchange services. Mention your ability to build relationships with corporate clients and how you can contribute to the company's success.
Highlight Relevant Skills: In your application, emphasise skills such as communication, relationship building, and compliance knowledge. Make sure to mention your proficiency in Microsoft Office/Excel, as this is crucial for the role.
Showcase Your Achievements: Include quantifiable achievements in your application, such as successful sales figures or client retention rates. This will help demonstrate your capability to manage a client portfolio effectively.
How to prepare for a job interview at TN United Kingdom
✨Know Your FX Products
Make sure you have a solid understanding of foreign exchange products and services. Be prepared to discuss how these products can benefit corporate clients, as well as any recent trends in the currency markets.
✨Demonstrate Relationship-Building Skills
Since this role involves managing client relationships, be ready to share examples of how you've successfully built rapport with clients in the past. Highlight your strategies for maintaining long-term relationships and how you handle objections.
✨Showcase Your Sales Process Knowledge
Familiarise yourself with the complete sales cycle, from initiating contact to closing deals. Be prepared to explain your approach to scheduling appointments, making presentations, and preparing contracts.
✨Understand Compliance Requirements
Given the importance of compliance in this role, brush up on Anti-Money Laundering procedures and other relevant regulations. Be ready to discuss how you ensure adherence to these policies in your previous roles.
