Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Generate revenue, build client relationships, and ensure compliance in a fast-paced environment.
- Company: Join a dynamic financial firm focused on innovation and client success.
- Benefits: Enjoy competitive pay, professional development opportunities, and a vibrant workplace culture.
- Why this job: Kickstart your career in finance with hands-on experience and a chance to make an impact.
- Qualifications: No prior experience needed; just bring your enthusiasm and willingness to learn!
- Other info: You'll need to pass regulatory exams to progress, ensuring you’re well-prepared for the industry.
The predicted salary is between 28800 - 43200 £ per year.
Role Overview
This role is responsible for:
- Generating commission revenue for the Company.
- Creating liquidity by obtaining dealing prices and interests from clients, for the desk.
- Creating new business as well as developing and enhancing existing client relationships.
The role holder will be required to undertake regulatory exams in order to become SMCR certified, including the CISI UK Regulations exam (including Integrity Matters Test) and either the CISI Securities or Derivatives exam. Having completed the required exams, the role holder will be certified under SMCR. However, it should be noted that the role holder will hold the job title of Junior Broker for a minimum of six months before progressing to a Broker role.
Regulatory Status
The role is Certified as defined under the Senior Manager & Certification Regime. The role holder will operate in accordance with FCA and other relevant regulatory requirements and be fully aware of and act in accordance with relevant desk procedures and compliance and other policies and procedures.
Personal Attributes
The role holder will be able to demonstrate the following:
- Personal and professional integrity and credibility.
- Confident and personable with the ability to build relationships with stakeholders and clients.
- Resilience, resolve, persistence, and competitive attitude with the ability to work in a high-pressured, intense environment.
- Self-motivated and able to demonstrate initiative.
- Excellent negotiation and communication skills with the ability to influence others to achieve a successful outcome.
- A strong team player, who works well with others and can establish positive working relationships.
- Role modelling the organisation’s Core Values, escalating potential concerns or issues regarding market or personal conduct.
- A good understanding and promoting of diversity and inclusion within your team and the organization more broadly.
Technical Skills
- Strong attention to detail.
- Strong technical and Microsoft Excel skills.
- Strong numerical skills with the ability to undertake complex analysis of data.
- Up to date relevant regulatory and product knowledge.
Control Oversight
The role is responsible for adhering to the below control framework and market changes:
- Key Daily Controls
- Pre-Trade execution checks (ensuring orders have been received over approved channels, that clients and instruments have been approved to trade, trades have been booked correctly and are within firm’s risk appetite).
- During Trade checks (ensure that amounts entered on an order are within fat finger tolerances to prevent data errors and that correct brokerage has been charged).
- Post-Trade checks (trade execution blocks are recorded accurately and reported within the required time window, trades are accurate and confirmed to clients, fees and charges are validated, trade execution legs match each other and are matched in the market).
- Adherence to all Risk limits (e.g. credit utilization) and Compliance requirements.
- Desk Assistant / Trade Input Clerk oversight (one-on-one & PMO).
- Only service onboarded (CDD) approved clients.
- Be aware of regulatory changes and developments.
- Keep up to date with product development including new strategic initiatives.
Junior Broker (Relative Values Desk) employer: BGC Group
Contact Detail:
BGC Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior Broker (Relative Values Desk)
✨Tip Number 1
Familiarise yourself with the regulatory exams required for this role, such as the CISI UK Regulations exam and the CISI Securities or Derivatives exam. Understanding the content and format of these exams will not only prepare you for certification but also demonstrate your commitment to the role during interviews.
✨Tip Number 2
Network with professionals already working in brokerage or finance roles, especially those who have experience on a Relative Values Desk. Engaging with them can provide insights into the day-to-day responsibilities and expectations, which can be invaluable during your application process.
✨Tip Number 3
Develop your negotiation and communication skills through practice and training. Consider joining workshops or online courses that focus on these areas, as they are crucial for building relationships with clients and stakeholders in a high-pressure environment.
✨Tip Number 4
Stay updated on market trends and regulatory changes relevant to the brokerage industry. This knowledge will not only help you in interviews but also show your proactive approach and genuine interest in the field, making you a more attractive candidate.
We think you need these skills to ace Junior Broker (Relative Values Desk)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Junior Broker role. Emphasise your numerical skills, attention to detail, and any previous experience in a high-pressure environment.
Craft a Compelling Cover Letter: Write a cover letter that showcases your personal attributes, such as your ability to build relationships and your resilience. Mention your motivation for applying and how you embody the organisation’s core values.
Highlight Regulatory Knowledge: Since the role requires undertaking regulatory exams, mention any relevant knowledge or experience you have regarding FCA regulations or similar compliance frameworks. This shows your preparedness for the certification process.
Showcase Technical Skills: Include specific examples of your technical skills, particularly in Microsoft Excel and data analysis. If you have experience with complex data sets or financial modelling, make sure to highlight this in your application.
How to prepare for a job interview at BGC Group
✨Understand the Role
Make sure you have a solid grasp of what a Junior Broker does, especially in relation to generating commission revenue and creating liquidity. Familiarise yourself with the regulatory exams you'll need to undertake, as this shows your commitment to the role.
✨Showcase Your Communication Skills
As a Junior Broker, you'll need excellent negotiation and communication skills. Prepare examples from your past experiences where you've successfully built relationships or influenced outcomes, as this will demonstrate your ability to connect with clients and stakeholders.
✨Demonstrate Resilience and Initiative
The role can be high-pressure, so be ready to discuss how you've handled challenging situations in the past. Highlight instances where you've shown persistence and self-motivation, as these traits are crucial for success in this environment.
✨Prepare for Technical Questions
Brush up on your technical skills, particularly in Microsoft Excel and numerical analysis. Be prepared to answer questions that test your attention to detail and your understanding of relevant regulatory knowledge, as these are key components of the role.
