At a Glance
- Tasks: Manage clients and execute trades on commodity options while analysing market trends.
- Company: Join a dynamic team in the fast-paced world of commodity trading.
- Benefits: Enjoy competitive salary, private medical insurance, and an electric car scheme.
- Why this job: Be part of a supportive team and make impactful decisions in global trade.
- Qualifications: 2-5 years in commodity broking; strong analytical and communication skills required.
- Other info: Ideal for self-motivated individuals who thrive in a dynamic environment.
The predicted salary is between 43200 - 72000 £ per year.
As a Commodity options broker, you will be responsible for managing clients and executing trades on options across a range of commodities. You will work closely with a broad spectrum of financial and physical clients to assess and manage risk, execute trades, and analyse market trends. The role requires an understanding of commodity markets, option calculation and how these are used to hedge or speculate on different products.
Key Responsibilities:
- Trade Execution: Negotiate and transact options across different segments of the commodity markets, such as FFA, Iron Ore, TTF and JKM to hedge risk or capitalize on market opportunities.
- Market Analysis: Monitor global commodity markets, including volatility surface and matrix movements, geopolitical events, and economic indicators, to inform trading strategies.
- Risk Management: Utilise our access to different commodities to mitigate exposure to underlying physical positions or give correct vol exposure. Develop and implement hedging strategies for clients.
- Client Relationship Management: Build and maintain relationships with clients whilst building new relationships with prospective clients.
- Research and Reporting: Producing a daily report, using trade recommendations based on market conditions and forecasts.
- Compliance: Ensure that all trading activities adhere to regulatory guidelines and company policies.
Required Skills and Qualifications:
- Experience: 2-5 years of experience in commodity broking or equivalent markets. Previous experience in Options broking is highly desirable.
- Analytical Skills: Strong quantitative and analytical skills with the ability to interpret data and market trends.
- Market Knowledge: Understanding of how options work, how to price and understanding of different strategies.
- Communication Skills: Excellent written and verbal communication skills, with the ability to interact with clients, stakeholders, and internal teams.
- Software Proficiency: Familiarity with trading platforms, financial modelling software, and advanced Excel functions.
Desirable Attributes:
- Self-motivated and able to thrive in a fast-paced, dynamic environment.
- Strong decision-making skills under pressure.
- Ability to work both independently and as part of a collaborative team.
- Interest in global shipping and freight markets, with a focus on global trade trends.
Job benefits:
- Competitive salary and performance-based incentives
- Employer pension scheme
- Private Medical Insurance
- Electric Car Scheme
- Opportunity to be part of a friendly and supportive team
Commodity Options Broker (FFA) employer: Braemar
Contact Detail:
Braemar Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodity Options Broker (FFA)
✨Tip Number 1
Familiarise yourself with the specific commodities mentioned in the job description, such as FFA, Iron Ore, TTF, and JKM. Understanding these markets will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in commodity broking or related fields. Attend industry events or join online forums to gain insights and potentially get referrals that could boost your application.
✨Tip Number 3
Stay updated on current market trends and geopolitical events that affect commodity prices. Being able to discuss recent developments during your interview can set you apart from other candidates.
✨Tip Number 4
Practice your communication skills, especially in explaining complex trading strategies and market analyses. Clear and confident communication is key in client relationship management, which is a crucial part of this role.
We think you need these skills to ace Commodity Options Broker (FFA)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commodity broking and options trading. Emphasise your analytical skills and any specific software proficiency that aligns with the job description.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of commodity markets and your ability to manage client relationships. Use specific examples from your past experience to demonstrate your skills in risk management and market analysis.
Highlight Relevant Skills: In your application, clearly outline your quantitative and analytical skills. Mention any experience you have with trading platforms and financial modelling software, as these are crucial for the role.
Show Enthusiasm for the Industry: Express your interest in global shipping and freight markets in your application. This will show the employer that you are not only qualified but also passionate about the field.
How to prepare for a job interview at Braemar
✨Showcase Your Market Knowledge
Make sure to demonstrate your understanding of commodity markets and options during the interview. Be prepared to discuss recent market trends, geopolitical events, and how they might impact trading strategies.
✨Highlight Analytical Skills
Since strong analytical skills are crucial for this role, come ready to share examples of how you've used data to inform trading decisions or risk management strategies in your previous roles.
✨Prepare for Client Relationship Scenarios
Expect questions about client relationship management. Think of specific instances where you successfully built or maintained client relationships, and be ready to discuss your approach to managing client expectations.
✨Familiarise Yourself with Trading Platforms
As familiarity with trading platforms is essential, review the software you’ve used in the past. Be prepared to discuss how you’ve leveraged technology to enhance trading efficiency or analysis.