At a Glance
- Tasks: Promote FIS and arrange trades in the Wet FFA Market for clients.
- Company: Join a leading global brokerage in freight and commodities with a strong innovative ethos.
- Benefits: Competitive salary, bonuses, private healthcare, and professional development opportunities.
- Other info: Fast-paced environment with great career growth potential.
- Why this job: Be part of a dynamic team and make an impact in the financial markets.
- Qualifications: Experience in commodities, strong client focus, and excellent negotiation skills.
The predicted salary is between 60000 - 80000 £ 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, 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 are proud of our innovative ethos, having been first mover on a number of products, most recently on the cobalt and air freight futures markets. Not only do we provide excellent brokerage services, but also data services via our App, FIS Live, other data services, as well as education to help those entering new markets.
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. Our expertise in managing credit and counterparty risk provides a vital competitive advantage while enabling clients to trade with confidence.
THE ROLE
We have an exciting opportunity for an experienced Broker to join our team working across the Wet FFA Market. Responsible for promoting FIS and arranging trades on behalf of clients, you will be dynamic and personable with a passion for the financial markets. You will be a natural networker, having a proactive approach to generating leads and securing new business. Ideal candidates will have experience in the commodities space.
Key Responsibilities
- Promote FIS as a company; providing market intelligence and analytics 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
- Understand regulation within the evolving regulatory landscape
- Support a risk and compliance aware culture and comply with FIS company policies
- Exercise judgement and act with 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 technical aspects of broking – essential
- Good knowledge of Fuel Oil products and markets; as well as underlying markets – preferred
- Strong client focus; personable and engaging building relationships and networks wherever possible – essential
- Communicating effectively with clients and colleagues – essential
- Tenacious and thrives in a pressurised environment – essential
- Excellent negotiation skills – essential
- Team oriented; works well with others and diverse groups/personalities – essential
- Excellent attention to detail; strong analytical and numeracy skills – essential
Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.
Benefits
- Competitive salary and discretionary bonus
- Learning & Development / CPD opportunities
- Private healthcare and life assurance scheme
- Season ticket travel loan
- Cycle to work scheme
FIS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, sex, national origin, disability, protected veteran status, sexual orientation or any other characteristic protected by law.
Wet FFA Broker in London employer: Freight Investor Services Ltd.
Freight Investor Services (FIS) is an exceptional employer located in the vibrant city of London, offering a dynamic and innovative work environment for professionals in the commodities brokerage sector. With a strong emphasis on employee growth through continuous learning and development opportunities, FIS fosters a collaborative culture where team-oriented individuals can thrive. The competitive salary, discretionary bonuses, and comprehensive benefits package, including private healthcare and a cycle to work scheme, make FIS an attractive choice for those seeking meaningful and rewarding careers in the financial markets.
Contact Details:
Freight Investor Services Ltd. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Wet FFA Broker in London
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We think you need these skills to ace Wet FFA Broker in London
Some tips for your application 🫡
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How to prepare for a job interview at Freight Investor Services Ltd.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Freight Investor Services Ltd..
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✨Network with Industry Professionals
Before your interview, reach out to current or former Freight Investor Services Ltd. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.