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- Tasks: Join us as a Junior FX Broker, making outbound calls and identifying new opportunities in FX sales.
- Company: Spectrum FX is a fast-growing FX company based in the heart of London.
- Benefits: Enjoy uncapped bonuses, regular incentives, and training from industry experts.
- Why this job: This role offers growth potential, a dynamic culture, and the chance to excel in financial markets.
- Qualifications: No prior FX experience needed; just bring your excellent communication skills and motivation.
- Other info: Expect a competitive salary with significant earning potential based on performance.
The predicted salary is between 21600 - 33600 £ per year.
This is a full-time on-site role for an Entry Level - Foreign Exchange Sales position located in London. The role involves day-to-day tasks related to foreign exchange sales, creating tailored solutions for clients' international trade needs, and providing superior pricing and service.
Company Description
Spectrum FX is currently seeking highly driven individuals to join a fast-growing FX company as a Business Development Executive. FX sales background is not a necessity as you will be trained by highly experienced staff. Large growth prospects throughout the company including development to Corporate Account Executive. So if you are ambitious, highly driven and looking for a rewarding career in financial markets please do get in contact. Based at the heart of The City of London, normal working hours are 8:30-5:00, however Business Development Executives will be expected to complete the hours necessary to achieve the expected company standards and performance.
Responsibilities
- Make effective, highly professional outbound calls to key decision makers and shareholders
- Successfully identify new opportunities within the UK & European FX markets
- Cold calling will play a major part of your career throughout this role.
- Lead sourcing; systematically develop a well-researched database of prospective clients for the business
- Liaising with the Dealing Desk and other key business areas
- Achieve set KPI's and Sales targets
- Keeping up to date with all financial markets
- Become an expert on risk management business solutions
- Build relationships with key decision makers including Financial Directors/Managing Directors across a range of different companies
- Be clinical in finding large business opportunities
- Demonstrate a keen commercial awareness for the FX markets.
- Be self-motivated to learn and develop your skills into the next role
- Identify profit angles with both new and existing clients
Requirements of the Business Development Executives:
- Excellent Telephone Manner & Communication Skills
- Influence and Persuasion
- Self-Motivated and results/target driven
Company Benefits
- Trained by a team of highly driven successful people
- Participate in one of the industry’s leading bonus schemes
- Regular incentives (company nights out, competitions etc)
You can expect Year 1 OTE £30,000-£40,000 based on performance with Year 2 expected to increase to £50,000-£70,000. Step by step training will be provided to help you achieve in excess of £100,000 by Year 3 based on your work ethic. Your bonus structure will be uncapped meaning your earnings are dependent on the work you put in. If you feel like you meet the above criteria, please apply now.
Junior FX Broker employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior FX Broker
✨Tip Number 1
Familiarise yourself with the foreign exchange market. Understanding key concepts, trends, and terminologies will not only boost your confidence but also help you engage in meaningful conversations during interviews.
✨Tip Number 2
Practice your cold calling skills. Since this role involves a significant amount of outbound calls, role-playing with friends or family can help you refine your pitch and improve your telephone manner.
✨Tip Number 3
Network with professionals in the FX industry. Attend relevant events or join online forums to connect with people who can provide insights and potentially refer you to opportunities at Spectrum FX.
✨Tip Number 4
Stay updated on current financial news and market trends. Being knowledgeable about recent developments will demonstrate your commercial awareness and enthusiasm for the role during interviews.
We think you need these skills to ace Junior FX Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights any relevant skills or experiences that align with the responsibilities of a Junior FX Broker. Emphasise your communication skills, self-motivation, and any experience in sales or customer service.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the FX industry. Mention why you are interested in working at Spectrum FX and how your ambitions align with their growth prospects.
Highlight Relevant Skills: In your application, focus on skills such as influence and persuasion, excellent telephone manner, and commercial awareness. Provide examples of how you've demonstrated these skills in past experiences.
Show Willingness to Learn: Express your eagerness to learn and develop within the role. Mention your readiness to undergo training and how you plan to leverage this opportunity to grow into a Corporate Account Executive.
How to prepare for a job interview at JR United Kingdom
✨Research the FX Market
Before your interview, take some time to understand the basics of the foreign exchange market. Familiarise yourself with current trends, key players, and recent news. This will not only show your interest in the role but also demonstrate your commercial awareness.
✨Practice Your Communication Skills
Since excellent telephone manner and communication skills are crucial for this position, practice articulating your thoughts clearly. Consider doing mock interviews or role-playing cold calls with a friend to build your confidence.
✨Prepare for Cold Calling Scenarios
Expect to discuss your approach to cold calling during the interview. Prepare examples of how you would handle objections or engage potential clients. This will showcase your persuasive abilities and readiness for the role.
✨Show Your Ambition
Spectrum FX is looking for highly driven individuals. Be prepared to discuss your career goals and how you plan to achieve them within the company. Highlight your motivation to learn and develop your skills, as this aligns with their training ethos.
