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- Tasks: Manage the full sales cycle for foreign exchange services and build client relationships.
- Company: Dynamic financial services firm with a focus on innovation and growth.
- Benefits: Competitive salary up to £60K, commission structure, pension, and 25 days holiday.
- Other info: Opportunities for travel and professional development in a vibrant team.
- Why this job: Join a fast-paced environment and make an impact in global finance.
- Qualifications: Experience in foreign exchange, client management, and a degree preferred.
The predicted salary is between 60000 - 60000 £ per year.
Our client is seeking several full-time experienced Foreign Exchange Dealers. This is a 360 role and the successful applicants will be in control of the full sales cycle including both the sales and dealing aspects. Responsible for selling and managing foreign exchange services to companies and sending and receiving payments each day in multiple different currencies all around the world. You should have experience in international payments, currency markets, currency derivative products.
Job Duties
- Develop strategies for building relationships with experienced mid-cap corporate clients.
- Initiate the sales process by scheduling appointments, making presentations, and understanding account requirements.
- Close sales by building rapport with potential referral sources and accounts, explaining product and service capabilities, overcoming objections, and preparing contracts.
- Manage all elements of a client portfolio.
- Contact corporate clients and set appointments with new business opportunities.
- Market and close sales opportunities for foreign exchange products and international payment services.
- Build and maintain strategic business relationships with existing and prospective clients.
- Manage the complete sales cycle process to ensure maximum productivity and completion of sales/pipeline reports and competitor information.
- Communicate customer requirements, sales, and lead information with the trading team and management.
- Adhere to the Compliance and Anti-Money Laundering procedures, as well as all company policies.
Requirements
Qualifications
- Proficiency in derivative instrument pricing and sales.
- Experience managing a portfolio of clients.
- Extensive knowledge of client exposures at a corporate level.
- Experience selling cash flow and fair value hedges to corporations.
- Willingness to travel.
- Bachelor’s degree and/or equivalent ideal.
- Proficient in Microsoft Office/Excel.
- Need to pass a financial and criminal background check.
Benefits
Package
- Competitive base – up to £60K with transparent commission structure, and residual commissions on your portfolio clients.
- Company Pension.
- Company events.
- 25 days Holiday Per Annum.
360 FX Sales & Dealing employer: Fintech-Rec Group
Contact Detail:
Fintech-Rec Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land 360 FX Sales & Dealing
✨Tip Number 1
Networking is key! Get out there and connect with people in the foreign exchange industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn.
✨Tip Number 2
Practice your pitch! You’ll need to explain your experience and how you can help clients with their currency needs. Role-play with a friend or in front of a mirror until you feel confident.
✨Tip Number 3
Follow up after meetings! A quick email thanking them for their time and reiterating your interest can keep you top of mind. It shows you’re proactive and serious about the role.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you land that FX Sales & Dealing role. Plus, it’s a great way to show you’re genuinely interested in working with us.
We think you need these skills to ace 360 FX Sales & Dealing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the 360 FX Sales & Dealing role. Highlight your experience in foreign exchange, international payments, and client management. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about foreign exchange and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Did you close a significant deal or improve client relationships? We want to hear about it!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Fintech-Rec Group
✨Know Your FX Products
Make sure you brush up on your knowledge of foreign exchange products and services. Be ready to discuss how you’ve successfully sold or managed these in the past, as well as any experience with currency derivative products. This will show that you’re not just familiar with the market but also have hands-on experience.
✨Build Rapport Quickly
Since this role involves a lot of client interaction, practice building rapport quickly. Think of examples from your past where you’ve established strong relationships with clients. During the interview, demonstrate your ability to connect with people and understand their needs.
✨Prepare for Sales Scenarios
Expect to be asked about your sales strategies and how you handle objections. Prepare specific scenarios where you successfully closed a deal or overcame a challenge. This will help you illustrate your sales process and show that you can manage the full sales cycle effectively.
✨Understand Compliance and Regulations
Familiarise yourself with compliance and anti-money laundering procedures relevant to the FX industry. Be prepared to discuss how you’ve adhered to these in previous roles. This shows that you take regulations seriously and understand their importance in maintaining client trust.