Base Metals Broker (LME/ Options) in London

Base Metals Broker (LME/ Options) in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Broker base metals and options, providing market intelligence and executing trades for clients.
  • Company: Join a leading global brokerage in freight and commodities with a strong innovative ethos.
  • Benefits: Competitive salary, bonuses, private healthcare, and 25 days holiday.
  • Why this job: Be part of a dynamic team in a fast-paced environment and grow your career.
  • Qualifications: Experience in options/derivatives and strong analytical skills are essential.
  • Other info: Opportunities for learning and development in a supportive culture.

The predicted salary is between 36000 - 60000 £ per year.

Freight Investor Services (FIS) is a leading global brokerage of freight and commodities. We are the world's largest broker on dry freight futures, and have a strong presence across the bulk commodities, metals, and energy markets. We were the first brokerage to trade in the cleared market on iron ore and later coking coal futures, and we also maintain a strong position in broking steel futures on all exchanges, as well as fuel oil, base metals, fertilisers, and tanker freight.

We have expanded via our network of trading associates and branch offices to offer coverage of derivative and physical shipping markets in London, New York, Houston, Dubai, Mumbai, Athens, Copenhagen, Geneva, Singapore, and Shanghai. Through our global network, FIS offers full brokerage services, trade execution, and in-depth market intelligence and data for freight and commodities, as well as providing physical ship and cargo services.

THE ROLE

We have an exciting opportunity for an experienced Base Metals Broker (LME/ Options) in our London office. This is a mid-level role for a dynamic individual who has a passion for the financial markets, ideally with experience in an LME base metals or Options market. You will be personable, tenacious, and a natural networker, having a proactive approach to generating leads and securing new business. In addition, you will be well organised, highly analytical, and thrive in a fast-moving environment with a flat management structure. You are able to work under your own initiative as well as being an excellent team player.

Key responsibilities

  • Promote FIS as a company; providing market intelligence and analysis to clients
  • Arrange trades via voice broking on behalf of clients for execution at relevant exchange
  • Ensure all trades are executed on a non-advice / execution only basis
  • Reconcile and enter trades in Trade Manager and/or relevant exchange as necessary
  • Maintain and enhance existing client relationships, making regular contact and tracking daily trading activities
  • Proactively solicit feedback from industry participants via trade calls, surveys, industry events, trade shows, and conferences
  • Produce a daily/weekly update of market prices, market direction for international desks
  • On-board new clients following correct Compliance and Operations procedures
  • Regularly assess client needs and financial conditions to identify internal cross-selling opportunities
  • Understand the desk's business strategy; identify and seize new business opportunities relating to trends, future markets, products, and clients
  • Perform any other reasonable duties the company may require

Risk related responsibilities

  • Support a risk and compliance aware culture and comply with FIS company policies
  • Exercise judgement and act within integrity, due care, skill and diligence and open and co-operative with the FCA, other regulators, and exchanges
  • Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities
  • Observe standards of market conduct and ensure understanding and adherence to all regulatory, exchange or clearing house requirements applicable to role

Training

  • Seek regular feedback from Desk Head to ensure role requirements are met
  • Complete any mandatory training required by the company and required deadlines
  • Maintain own Continued Professional Development (CPD)

Requirements

  • Possess sound knowledge of Options/Derivatives/Commodity products and markets - essential
  • Experience in Battery Metals - preferred
  • Sound knowledge of markets and technical aspects of broking – essential
  • Demonstrate experience as a broker covering commercial clients (financial or the physical markets) – essential
  • Deep understanding of price risk management - essential
  • Strong client focus; personable and engaging building relationships and networks wherever possible – essential
  • Communicate effectively with clients and colleagues - essential
  • Tenacious and thrives in a pressurised environment – essential
  • Team orientated; works well with others and diverse groups / personalities – essential
  • Excellent attention to detail; strong analytical and numeracy skills – essential
  • Strong IT Systems experience – Excel - essential

Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.

Competitive salary and discretionary bonus, Learning & Development / CPD opportunities, Employee Assistance Programme, 25 days holiday, Private healthcare and life assurance scheme, Season ticket travel loan, Cycle to work scheme, Electric vehicle / salary sacrifice scheme.

Base Metals Broker (LME/ Options) in London employer: Freight Investor Services Ltd.

Freight Investor Services (FIS) is an exceptional employer located in the heart of London, offering a vibrant work culture that fosters innovation and collaboration. With a strong commitment to employee growth, FIS provides extensive learning and development opportunities alongside competitive salaries and benefits such as private healthcare and a cycle to work scheme. Join a dynamic team where your passion for financial markets can thrive, and enjoy the unique advantage of working within a leading global brokerage that is at the forefront of the commodities sector.
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Contact Detail:

Freight Investor Services Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Base Metals Broker (LME/ Options) in London

✨Tip Number 1

Network like a pro! Attend industry events, trade shows, and conferences to meet potential clients and colleagues. The more people you know, the better your chances of landing that dream job.

✨Tip Number 2

Stay informed about market trends and developments in base metals and options. Share your insights with others; it shows you're engaged and knowledgeable, making you a more attractive candidate.

✨Tip Number 3

Don’t be shy about reaching out directly to companies you’re interested in, like us at FIS! A friendly email or call can go a long way in showing your enthusiasm and initiative.

✨Tip Number 4

Keep your skills sharp! Engage in continuous learning and development opportunities. This not only boosts your CV but also prepares you for the fast-paced environment we thrive in at FIS.

We think you need these skills to ace Base Metals Broker (LME/ Options) in London

Knowledge of Options/Derivatives/Commodity products and markets
Experience in Battery Metals
Market intelligence and analysis
Voice broking
Client relationship management
Cross-selling opportunities identification
Price risk management
Strong client focus
Effective communication skills
Ability to thrive in a pressurised environment
Teamwork and collaboration
Attention to detail
Analytical skills
Numeracy skills
Strong IT Systems experience, particularly in Excel

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Base Metals Broker role. Highlight your experience in LME and Options markets, and don’t forget to showcase your analytical skills and client relationship management.

Craft a Compelling Cover Letter: Your cover letter should reflect your passion for financial markets and your proactive approach. Use it to tell us why you’re the perfect fit for FIS and how you can contribute to our innovative ethos.

Showcase Your Networking Skills: Since being a natural networker is key for this role, mention any relevant industry events or trade shows you've attended. Let us know how you’ve built relationships and generated leads in your previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!

How to prepare for a job interview at Freight Investor Services Ltd.

✨Know Your Markets

Make sure you brush up on your knowledge of base metals, especially LME and options. Familiarise yourself with current market trends, key players, and recent news in the commodities sector. This will not only help you answer questions confidently but also show your genuine interest in the role.

✨Showcase Your Networking Skills

As a Base Metals Broker, building relationships is crucial. Prepare examples of how you've successfully networked in the past or generated leads. Be ready to discuss your approach to maintaining client relationships and how you can bring that to the table at Freight Investor Services.

✨Demonstrate Analytical Thinking

Given the analytical nature of the role, be prepared to discuss how you assess market conditions and make trading decisions. You might even want to bring along some examples of your market analysis or reports you've produced in previous roles to showcase your skills.

✨Prepare for Compliance Questions

Understanding compliance and risk management is key in this role. Brush up on relevant regulations and be ready to discuss how you've navigated compliance issues in the past. Showing that you are proactive about adhering to policies will set you apart from other candidates.

Base Metals Broker (LME/ Options) in London
Freight Investor Services Ltd.
Location: London

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