Job Board

Companies

Freight Investor Services

Commodity Broker

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible

Apply now

At a Glance

Tasks: As a Commodity Broker, you'll promote FIS, arrange trades, and maintain client relationships.
Company: Freight Investor Services is a leading global brokerage in freight and commodities with an innovative ethos.
Benefits: Enjoy competitive salary, private healthcare, gym membership, and 25 days holiday.
Why this job: Join a dynamic team, thrive in a fast-paced environment, and make impactful connections.
Qualifications: Experience in commodity markets, strong analytical skills, and excellent communication are essential.
Other info: This is a mid-level role ideal for tenacious individuals passionate about financial markets.

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

Join to apply for the Commodity Broker role at Freight Investor Services

About Us
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
FIS has an exciting opportunity for a Commodity Broker in our London office. This is a mid-level role for a dynamic individual who has a passion for the financial markets. 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 and behalf of clients
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

Requirements

Experience in any of the commodity markets in which we operate – preferred
Sound knowledge of underlying markets and technical aspects of broking – essential
Demonstrate experience as a broker covering commercial clients (financial markets) – essential
Deep understanding of price risk management – essential
CISI Regs & Derivatives exams – preferred
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
Exhibit professional and ethical conduct at all times, establishing and developing all business relationships (internal and external stakeholders) based on respect, integrity & dignity
Strong IT Systems experience – Excel – essential

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

Competitive salary and discretionary bonus
Pension scheme
Private healthcare and life assurance scheme
Employee Assistance Programme
25 days holiday
Gym membership
Season ticket travel loan
Cycle to work scheme
Learning & Development / CPD opportunities

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Finance and Sales

Referrals increase your chances of interviewing at Freight Investor Services by 2x

Get notified about new Commodity Broker jobs in City Of London, England, United Kingdom .