At a Glance
- Tasks: Join our team as a Junior FX Broker, managing client relationships and generating new business opportunities.
- Company: We are a leading global cross-border payments and risk management company based in Central London.
- Benefits: Enjoy a competitive salary, bonuses, health insurance, gym membership, and 28 days holiday.
- Why this job: Kickstart your career in a dynamic environment with extensive training and growth opportunities.
- Qualifications: Sales experience is a plus, but a strong work ethic and eagerness to learn are essential.
- Other info: Be part of a vibrant team and work with top industry professionals in the FX sector.
The predicted salary is between 28000 - 48000 £ per year.
Job Description
Junior FX Broker (FX Sales)Â Â Â
Salary: £24k-£35k (Dependent on sales experience) + Uncapped Commission
Location: London Bridge area
About Us:
At Currency Solutions, we are a dual-licensed, FCA-regulated foreign exchange provider. In simple terms, we help businesses make overseas payments while removing the worry of constantly changing markets. Our clients typically use our services for activities such as importing goods, paying staff abroad, or transferring foreign profits.
Our clients trust us to know what we are doing, which is why training and development sit at the heart of our business. This makes Currency Solutions an exciting place for anyone looking to start their career in sales within the financial services industry.
We understand that sales can be challenging and that foreign exchange is a complex market, which is why we have invested in a highly experienced Sales Coach to support individuals starting their career in FX Sales.
About the Role
This is a new business sales position where your key focus will be onboarding new clients. You will speak with finance departments to understand their FX exposure and associated risks. In the early stages of the role, there is a strong focus on gathering information and booking meetings.
Any meetings you book will be attended alongside a senior specialist, allowing you to learn from each interaction and be better prepared as your role progresses to the next stage of responsibility. For the first 18 months, this role has a strong emphasis on cold calling.
Key Duties
- Make outbound cold calls to businesses
- Fully immerse yourself in our training and development programme
- Learn and understand the FX markets and the factors that influence market movements
- Keep the CRM system accurate and up to date
- Use lead-sourcing software such as Lusher
- Use LinkedIn to identify and target potential clients
- Collaborate with Compliance to understand business risk appetite and improve lead sourcing effectiveness
Candidate Requirements
As outlined in the advert, we offer a broad salary range for this role. To be considered for the higher end of the salary band, we would expect some prior sales experience (industry experience is not essential). By offering the lower end of the salary band, we are also able to consider individuals with no previous sales experience, as attitude and potential are our main priorities at this stage.
When starting out, we look for candidates who are:
- Well-articulated and confident on the telephone
- Driven, with a strong work ethic
- Resilient and able to handle rejection and pressure
- Keen to learn about the FX markets and develop their sales skills
What you’ll get:
- The opportunity to work in an environment where you can truly take control of your earnings
- Dedicated one-to-one support from an experienced sales trainer to give you the strongest possible start in this competitive industry
- Private healthcare
- Company pension scheme
Please click Apply Now for this Junior FX Broker position
Junior FX Broker employer: Currency Solutions
Contact Detail:
Currency Solutions 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 and current trends. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
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.
✨Tip Number 3
Practice your sales pitch and client management skills. Role-playing scenarios with friends or mentors can help you build confidence and prepare for real-life interactions.
✨Tip Number 4
Stay updated on economic news and how it affects currency values. Being able to discuss these topics intelligently during your interview will set you apart from other candidates.
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 sales experience, even if it's minimal. Emphasise your work ethic, confidence, and ability to handle pressure, as these are key traits for a Junior FX Broker.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the foreign exchange industry and your eagerness to learn. Mention specific skills that align with the job description, such as numerical and analytical abilities.
Showcase Your Research Skills: Demonstrate your understanding of the FX market in your application. Mention any relevant research you've done about the company and its position in the industry, which shows your genuine interest.
Prepare for Potential Questions: Think about how you would respond to questions regarding your sales approach and handling high-pressure situations. Being prepared will help you convey confidence during the interview process.
How to prepare for a job interview at Currency Solutions
✨Show Your Passion for Sales
Make sure to express your enthusiasm for sales and the foreign exchange market during the interview. Share any relevant experiences or stories that highlight your interest in this field, as it will demonstrate your commitment to the role.
✨Prepare for High-Pressure Scenarios
Since the role involves handling high-pressure situations, be ready to discuss how you've managed stress in previous roles. Consider preparing examples where you successfully multitasked or made quick decisions under pressure.
✨Demonstrate Analytical Skills
As a Junior FX Broker, strong numerical and analytical skills are essential. Be prepared to discuss your experience with data analysis or any relevant coursework. You might even want to brush up on basic financial concepts to impress your interviewers.
✨Research the Company and Industry
Before the interview, take some time to research the company and the FX industry. Understanding their products, services, and market position will help you ask insightful questions and show that you're genuinely interested in joining their team.
