Naphtha Broker

Naphtha Broker

London Full-Time 68000 - 102000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Broker Naphtha contracts and build strong client relationships in the energy market.
  • Company: Join a leading global Energy & Commodities Brokerage with offices in 20+ countries.
  • Benefits: Enjoy competitive salary, commissions, and opportunities to work remotely from various global locations.
  • Why this job: Be part of a successful team with immediate market access and a chance to make an impact.
  • Qualifications: 3+ years of experience in Naphtha brokerage and excellent communication skills required.
  • Other info: Confidential application process with a focus on compliance and business development.

The predicted salary is between 68000 - 102000 Β£ per year.

Imperium Commodity Search is exclusively retained by one of the world's largest Energy & Commodities Brokerages, with offices in over 20 countries worldwide, seeking Naphtha Brokers to join their established team in their EMEA Offices, ideally London or Dubai but with opportunities to be based in the US or Singapore too. With a long history of success and a staggering volume of open lines, our client is able to offer immediate market access and longstanding clientele to incoming brokers, in addition to on-boarded/ported relationships/business.

The firm provides broking and high quality, value-added execution services for Swaps, Forwards, Options, Physical Oil, Refined Petroleum Products, Futures Contracts and Renewables.

The Role: We are looking for experienced brokers, as individuals or as a team, with a proven track record in the energy brokerage industry, to focus on brokering Naphtha contracts, servicing customers in these markets to generate additional revenue. The role will require the individual to develop and maintain strong client relationships, as well as identifying prospective new clients, predominantly focusing on the EMEA territories, to contribute to the ongoing success of the desk. In addition, the individual may also be required to cover other broker desks as required.

Responsibilities:

  • Maintain and develop existing client relationships and actively drive business development through networking and outreach to push desk revenues across Light Ends (Naphtha) business.
  • Provide timely and accurate execution services to oil majors, trading houses, funds and institutional clients across Naphtha (Light Ends).
  • Keep up-to-date knowledge of the products and markets in which you work and provide accurate market analysis, reports, pricing spreads, research and industry news across the Light Ends and wider Oil and Energy markets to the desk and counterparties.
  • Ability to cross reference analysis from research houses and platforms such as Reuters, Bloomberg etc.
  • Understand the desk’s and group business strategy and seek to identify new business opportunities relating to trends, future markets, products and clients.
  • Work with internal on-boarding/compliance teams for opening new lines, adhering to compliance requirements at all times.
  • Establish and act upon cross-sell opportunity, utilising the firm's extremely broad asset class coverage in energy and commodities/fx.

Experience:

  • 3+ years experience as a Naphtha (Light Ends) broker in an IDB/FCM execution environment.
  • Excellent knowledge of the energy markets within your niche (naphtha, light ends etc.).
  • Proven track record of managing multiple client types in trade execution within the light ends market.
  • Strong commercial focus with excellent communication skills.

To apply for this position, please use the form below or contact Zuzana Zvolenska to arrange a confidential discussion with the managing consultants – Zuzana.zvolenska@imperiumcs.com. All applications and expressions of interest in this vacancy are in the strictest of confidence. Imperium Commodity Search is an executive search firm and does not distribute any candidate data without prior consent.

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Contact Detail:

Imperium Commodity Search Recruiting Team

Zuzana.zvolenska@imperiumcs.com

StudySmarter Expert Advice 🀫

We think this is how you could land Naphtha Broker

✨Tip Number 1

Network with professionals in the energy brokerage sector. Attend industry events, webinars, and conferences to meet potential colleagues and clients. Building relationships can give you an edge when applying for the Naphtha Broker position.

✨Tip Number 2

Stay updated on market trends and news related to Naphtha and light ends. Being knowledgeable about current events and market shifts will help you demonstrate your expertise during interviews and discussions with potential employers.

✨Tip Number 3

Consider reaching out directly to current brokers or employees at Imperium Commodity Search. A friendly message expressing your interest in the role can lead to valuable insights and possibly a referral, increasing your chances of landing the job.

✨Tip Number 4

Prepare to discuss your previous successes in brokering deals. Be ready to share specific examples of how you've developed client relationships and driven revenue in your past roles, as this will be crucial in showcasing your fit for the Naphtha Broker position.

We think you need these skills to ace Naphtha Broker

Client Relationship Management
Market Analysis
Negotiation Skills
Knowledge of Energy Markets
Business Development
Trade Execution
Communication Skills
Networking Abilities
Compliance Knowledge
Analytical Skills
Cross-Selling Techniques
Understanding of Financial Instruments
Proficiency in Research Platforms (e.g., Reuters, Bloomberg)
Adaptability to Market Trends

Some tips for your application 🫑

Tailor Your CV: Make sure your CV highlights your experience as a Naphtha broker, focusing on your track record in the energy brokerage industry. Include specific achievements and metrics that demonstrate your success in managing client relationships and driving business development.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the Naphtha market and your ability to maintain and develop client relationships. Mention your familiarity with tools like Reuters and Bloomberg, and how you can leverage them for market analysis.

Highlight Relevant Experience: In your application, emphasise your 3+ years of experience in an IDB/FCM execution environment. Detail your knowledge of light ends and how you've successfully executed trades for various client types.

Showcase Communication Skills: Since excellent communication skills are crucial for this role, provide examples in your application of how you've effectively communicated with clients and colleagues. This could include successful negotiations or presentations you've delivered.

How to prepare for a job interview at Imperium Commodity Search

✨Know Your Market

Make sure you have a solid understanding of the naphtha market and its trends. Be prepared to discuss recent developments, pricing spreads, and how they might affect your clients. This shows that you're not just knowledgeable but also proactive in staying updated.

✨Demonstrate Relationship Management Skills

Since maintaining and developing client relationships is key, come prepared with examples of how you've successfully managed client accounts in the past. Highlight your communication skills and any strategies you've used to build rapport with clients.

✨Showcase Your Analytical Abilities

Be ready to discuss how you analyse market data and reports. Mention specific tools or platforms you use, like Bloomberg or Reuters, and how you leverage this information to make informed decisions for your clients.

✨Prepare for Compliance Questions

Understand the compliance requirements relevant to the role and be ready to discuss how you've adhered to these in your previous positions. This will demonstrate your professionalism and commitment to ethical practices in brokerage.

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