At a Glance
- Tasks: Promote FIS, arrange trades, and maintain client relationships in a fast-paced environment.
- Company: Join Freight Investor Services, a leading global brokerage in freight and commodities.
- Benefits: Enjoy competitive salary, private healthcare, gym membership, and 25 days holiday.
- Why this job: Be part of an innovative team making waves in the financial markets.
- Qualifications: Experience in commodity markets and strong analytical skills are essential.
- Other info: Dynamic work culture with excellent career growth opportunities.
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, 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.
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 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:
- 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
Commodity Broker in London employer: Freight Investor Services
Contact Detail:
Freight Investor Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Commodity Broker in London
✨Tip Number 1
Network like a pro! Get out there and connect with industry folks at events, trade shows, or even online. The more people you know, the better your chances of landing that Commodity Broker role.
✨Tip Number 2
Show off your market knowledge! When chatting with potential employers or clients, share insights about current trends and market movements. This will demonstrate your expertise and passion for the commodities sector.
✨Tip Number 3
Be proactive in following up! After meeting someone or having an interview, drop them a quick message to thank them and express your interest. It keeps you on their radar and shows you're genuinely keen on the role.
✨Tip Number 4
Apply through our website! We make it easy for you to showcase your skills and experience directly to us. Plus, it gives you a chance to stand out from the crowd and show your enthusiasm for joining FIS.
We think you need these skills to ace Commodity Broker in London
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for the financial markets shine through. We want to see that you’re not just looking for a job, but that you genuinely care about commodities and trading.
Tailor Your CV: Make sure your CV is tailored to the Commodity Broker role. Highlight relevant experience in commodity markets and any technical skills that align with what we’re looking for. We love seeing how your background fits with our needs!
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language and avoid jargon unless it’s relevant. We appreciate a well-structured application that makes it easy for us to see your qualifications.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Freight Investor Services.
How to prepare for a job interview at Freight Investor Services
✨Know Your Commodities
Before the interview, brush up on your knowledge of the specific commodities that Freight Investor Services deals with. Understand the market trends, recent news, and how these factors influence pricing. This will show your passion for the financial markets and your commitment to the role.
✨Showcase Your Networking Skills
As a Commodity Broker, building relationships is key. Prepare examples of how you've successfully networked in the past, whether through industry events or client interactions. Highlight your ability to engage with diverse personalities and how you can leverage these skills to generate leads for FIS.
✨Demonstrate Analytical Thinking
Be ready to discuss your analytical skills and how they apply to price risk management. Prepare to explain how you've used data to make informed decisions in previous roles. This will help illustrate your strong attention to detail and your ability to thrive in a fast-paced environment.
✨Understand Compliance and Risk Management
Familiarise yourself with the regulatory landscape relevant to the role. Be prepared to discuss how you would support a risk-aware culture at FIS and ensure compliance with internal policies. This shows that you take integrity and diligence seriously, which is crucial for a broker.