FFA Broker (Wet or Dry)

FFA Broker (Wet or Dry)

London Full-Time 48000 - 84000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to provide insights on freight trends and negotiate contracts.
  • Company: Redstone Commodity Search specializes in global commodities market solutions.
  • Benefits: Work in vibrant cities like London, Dubai, or Miami with a dynamic team.
  • Why this job: Be part of a fast-paced industry and make impactful connections.
  • Qualifications: 5+ years as an FFA Broker with strong market knowledge required.
  • Other info: Role complies with Swiss law for positions based in Switzerland.

The predicted salary is between 48000 - 84000 £ per year.

Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with a well-established international shipping company that is expanding into the derivatives brokerage space looking for FFA brokers to join their team in either London, Geneva, Dubai or Singapore.

Key Responsibilities / Tasks

  • Provide clients with insights on dry/wet bulk freight trends and rates.
  • Negotiate and structure FFA contracts between buyers and sellers.
  • Advise clients on strategies to hedge against freight rate volatility.
  • Build and maintain strong networks with shipowners, charterers, and traders.
  • Ensure trades meet regulations and manage accurate contract records.
  • Role reports into Head of Freight Derivatives.

Key Qualifications / Experience

  • 5+ years of experience as an FFA/Freight Derivatives Broker.
  • Strong understanding of dry or wet freight shipping markets, freight indices, and FFA’s.
  • Proven experience in structuring and closing deals with excellent communication and persuasion skills.
  • Transferable portfolio of business is desirable.
  • Familiarity with relevant regulations, compliance standards, and trade documentation practices.
  • Role is in either London, Geneva, Dubai or Singapore

For all positions based in Switzerland, Redstone Commodity Search works with their licensed Swiss partner Accurity GmbH. All candidate applications are handled in accordance with Swiss law.

FFA Broker (Wet or Dry) employer: Redstone Search Group

At Redstone Commodity Search, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. Our team of FFA brokers enjoys competitive compensation, comprehensive benefits, and ample opportunities for professional growth in vibrant locations such as London, Geneva, and Dubai. Join us to be part of a forward-thinking company that values your expertise and supports your career development in the fast-paced commodities market.
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Contact Detail:

Redstone Search Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land FFA Broker (Wet or Dry)

✨Tip Number 1

Network with professionals in the shipping and commodities sectors. Attend industry conferences, webinars, and local meetups to connect with potential colleagues and clients. Building relationships can give you an edge when applying for the FFA Broker position.

✨Tip Number 2

Stay updated on current trends in the dry and wet freight markets. Follow relevant news sources, subscribe to industry reports, and engage in discussions on platforms like LinkedIn. Demonstrating your knowledge during interviews will show your passion and expertise.

✨Tip Number 3

Prepare to discuss your previous deal structuring experiences in detail. Be ready to share specific examples of how you've successfully negotiated contracts and managed client relationships. This will highlight your suitability for the role.

✨Tip Number 4

Familiarize yourself with the regulations and compliance standards relevant to the FFA market. Understanding these aspects will not only help you in the application process but also demonstrate your commitment to operating within legal frameworks.

We think you need these skills to ace FFA Broker (Wet or Dry)

Freight Market Analysis
Contract Negotiation
FFA Contract Structuring
Client Advisory Skills
Networking with Shipowners and Traders
Regulatory Compliance Knowledge
Trade Documentation Practices
Communication Skills
Persuasion Skills
Experience in Freight Derivatives
Understanding of Freight Indices
Deal Closing Experience
Market Trend Analysis
Risk Management Strategies

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly understand the responsibilities and qualifications required for the FFA Broker position. Tailor your application to highlight your relevant experience in dry/wet bulk freight markets and your ability to negotiate contracts.

Highlight Relevant Experience: In your CV and cover letter, emphasize your 5+ years of experience as an FFA/Freight Derivatives Broker. Provide specific examples of how you've successfully structured deals and advised clients on hedging strategies.

Showcase Your Network: Mention your existing relationships with shipowners, charterers, and traders. A strong network can be a significant advantage, so make sure to communicate this in your application.

Review Compliance Knowledge: Demonstrate your familiarity with relevant regulations and compliance standards in your application. This shows that you are not only experienced but also knowledgeable about the legal aspects of the role.

How to prepare for a job interview at Redstone Search Group

✨Show Your Market Knowledge

Make sure to demonstrate your understanding of the dry and wet freight shipping markets. Discuss recent trends, indices, and how they impact FFA contracts. This will show that you are not only experienced but also up-to-date with the current market dynamics.

✨Highlight Your Negotiation Skills

Prepare examples of past negotiations where you successfully structured and closed deals. Be ready to discuss your approach to negotiating FFA contracts and how you handle challenges during the process.

✨Network Like a Pro

Emphasize your ability to build and maintain strong relationships with shipowners, charterers, and traders. Share specific instances where your networking skills led to successful outcomes in your previous roles.

✨Understand Compliance and Regulations

Familiarize yourself with the relevant regulations and compliance standards in the freight derivatives space. Be prepared to discuss how you ensure that trades meet these regulations and how you manage contract records accurately.

FFA Broker (Wet or Dry)
Redstone Search Group
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