At a Glance
- Tasks: Join our team to provide insights on freight trends and negotiate contracts.
- Company: Redstone Commodity Search connects you to the global commodities market with top-tier clients.
- Benefits: Work in vibrant cities like London, Geneva, Dubai, or Singapore with competitive compensation.
- Why this job: Be part of a dynamic team shaping the future of freight derivatives in a fast-paced environment.
- Qualifications: 5+ years as an FFA Broker with strong communication and negotiation skills required.
- Other info: Applications handled under Swiss law for positions based in Switzerland.
The predicted salary is between 36000 - 60000 £ per year.
Redstone Commodity Search focuses 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 is 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.
- ~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.
Utilities Broker employer: Redstone Search Group
Contact Detail:
Redstone Search Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Utilities Broker
✨Tip Number 1
Network actively within the commodities and shipping sectors. Attend industry events, webinars, and conferences to meet potential employers and colleagues. Building relationships with professionals in the field can give you insights into job openings and company cultures.
✨Tip Number 2
Stay updated on market trends and news related to dry/wet bulk freight. Subscribe to relevant publications and follow key influencers on social media. This knowledge will not only help you in interviews but also demonstrate your passion for the industry.
✨Tip Number 3
Consider reaching out directly to companies you're interested in, even if they don't have open positions listed. A well-crafted message expressing your interest and highlighting your experience can sometimes lead to unadvertised opportunities.
✨Tip Number 4
Prepare for interviews by practising common questions specific to FFA brokerage roles. Focus on your negotiation skills and past experiences in structuring deals. Being able to articulate your successes and strategies will set you apart from other candidates.
We think you need these skills to ace Utilities Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Utilities Broker position. Familiarise yourself with the specifics of FFA contracts and the freight shipping markets.
Tailor Your CV: Highlight your relevant experience as an FFA/Freight Derivatives Broker in your CV. Emphasise your understanding of dry/wet bulk freight trends, negotiation skills, and any transferable portfolio of business you may have.
Craft a Compelling Cover Letter: Write a cover letter that showcases your expertise in structuring and closing deals. Mention your strong communication skills and how you can provide valuable insights to clients regarding freight rate volatility.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial in the brokerage field.
How to prepare for a job interview at Redstone Search Group
✨Know Your Market
Make sure you have a solid understanding of the dry and wet freight shipping markets. Brush up on current trends, rates, and indices, as this knowledge will be crucial in demonstrating your expertise during the interview.
✨Showcase Your Negotiation Skills
Prepare to discuss specific examples of how you've successfully negotiated and structured FFA contracts in the past. Highlight your communication and persuasion skills, as these are key attributes for the role.
✨Network Like a Pro
Emphasise your ability to build and maintain strong relationships with shipowners, charterers, and traders. Be ready to share how you've leveraged your network to benefit your clients and close deals.
✨Understand Compliance and Regulations
Familiarise yourself with the relevant regulations and compliance standards in the freight derivatives space. Being able to discuss how you ensure trades meet these requirements will show your attention to detail and professionalism.