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For Companies At a Glance
- Tasks: Generate revenue by identifying companies with foreign exchange risk and building a client portfolio.
- Company: A rapidly growing firm providing risk management and hedging solutions in commodities and FX markets.
- Benefits: Enjoy a competitive salary, uncapped bonuses, and opportunities for international growth.
- Why this job: Join a dynamic team focused on innovation and scalability in the FX industry.
- Qualifications: No specific qualifications required; enthusiasm and a willingness to learn are key.
- Other info: Work closely with various teams, including compliance and technology, for comprehensive support.
The predicted salary is between 48000 - 80000 £ per year.
£60,000 - £100,000 Base with uncapped bonus
The Opportunity
You will be responsible for generating revenue by identifying companies with exposure to foreign exchange risk, be it from commodities business or elsewhere, and building a portfolio of businesses who hedge their FX exposure. Additionally, the salesperson has the opportunity to be exposed to commodity structured products and can generate revenue from these, usually as a result of associated FX business.
About Us
Providing over-the-counter risk management and hedging solutions to organisations with exposure to the commodities and FX markets. In addition, the group offers brokerage services for commodities and equities and structures bespoke financial instruments for their client base. This firm is a rapidly growing company, with over 50 employees across all divisions.
Background & Purpose
As a strong and growing predominately commodities business, we are looking to replicate its success in the FX industry. Increasing the sales presence in the FX space will give us the opportunity to not only advise and structure OTC hedging solutions for businesses with FX exposure resulting from commodity business, but to reach into sectors outside its traditional client base. The business is expected to grow quickly and internationally. Importance is placed on business scalability, reach and will be supported extensively from within, across teams ranging from compliance, Trading, Credit and in particular Technology.
Contact Detail:
Taylor Financial Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fx Business Development Associate
✨Tip Number 1
Network within the FX and commodities sectors. Attend industry events, webinars, and conferences to meet potential clients and learn about their needs. Building relationships can lead to valuable insights and opportunities.
✨Tip Number 2
Stay updated on market trends and developments in foreign exchange and commodities. Understanding the latest news and shifts in the market will help you identify potential clients and tailor your approach effectively.
✨Tip Number 3
Leverage social media platforms like LinkedIn to connect with professionals in the FX space. Share relevant content and engage in discussions to establish yourself as a knowledgeable resource in the industry.
✨Tip Number 4
Consider seeking mentorship from experienced professionals in FX business development. Their guidance can provide you with insider knowledge and strategies that are crucial for success in this competitive field.
We think you need these skills to ace Fx Business Development Associate
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Fx Business Development Associate. Highlight your understanding of foreign exchange risk and how it relates to commodities in your application.
Tailor Your CV: Make sure your CV reflects relevant experience in business development, sales, or finance. Emphasise any previous roles where you dealt with FX exposure or commodities, showcasing your ability to generate revenue.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your enthusiasm for the role. Mention specific examples of how you've successfully identified and built relationships with clients in the past.
Showcase Your Skills: In your application, highlight key skills such as negotiation, relationship management, and analytical thinking. These are crucial for success in a role focused on generating revenue and advising clients on hedging solutions.
How to prepare for a job interview at Taylor Financial Recruitment Ltd
✨Understand FX and Commodities
Make sure you have a solid grasp of foreign exchange markets and commodities. Familiarise yourself with how companies manage FX risk, as this will be crucial in demonstrating your knowledge during the interview.
✨Showcase Your Sales Skills
Prepare to discuss your previous sales experiences, particularly in financial services or related fields. Highlight specific examples where you've successfully identified client needs and closed deals, as this role heavily relies on generating revenue.
✨Research the Company
Dive deep into the company's background, their services, and recent developments in the FX and commodities markets. Being able to speak knowledgeably about the firm will show your genuine interest and help you stand out.
✨Prepare Questions
Have insightful questions ready for your interviewers. This could include inquiries about their growth strategy in the FX market or how they support their sales team. It shows you're engaged and thinking critically about the role.
