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- Tasks: Engage in foreign exchange sales, making calls and building client relationships.
- Company: Spectrum FX is a fast-growing FX company based in London, offering growth opportunities.
- Benefits: Enjoy uncapped bonuses, regular incentives, and comprehensive training from industry experts.
- Why this job: Join a dynamic team, develop your skills, and thrive in the exciting financial markets.
- Qualifications: No prior FX experience needed; just bring excellent communication skills and ambition.
- Other info: Expect a competitive salary with significant earning potential based on performance.
The predicted salary is between 24000 - 42000 £ per year.
This is a full-time on-site role for an Entry Level - Foreign Exchange Sales position located in London. The role involves day-to-day tasks related to foreign exchange sales, creating tailored solutions for clients' international trade needs, and providing superior pricing and service.
Spectrum FX is currently seeking highly driven individuals to join a fast-growing FX company as a Business Development Executive. FX sales background is not a necessity as you will be trained by highly experienced staff. Large growth prospects throughout the company including development to Corporate Account Executive. So if you are ambitious, highly driven and looking for a rewarding career in financial markets please do get in contact.
Based at the heart of The City of London, normal working hours are 8:30-5:00, however Business Development Executives will be expected to complete the hours necessary to achieve the expected company standards and performance.
Responsibilities:- Make effective, highly professional outbound calls to key decision makers and shareholders
- Successfully identify new opportunities within the UK & European FX markets
- Cold calling will play a major part of your career throughout this role.
- Lead sourcing; systematically develop a well-researched database of prospective clients for the business
- Liaising with the Dealing Desk and other key business areas
- Achieve set KPI's and Sales targets
- Keeping up to date with all financial markets
- Become an expert on risk management business solutions
- Build relationships with key decision makers including Financial Directors/Managing Directors across a range of different companies
- Be clinical in finding large business opportunities
- Demonstrate a keen commercial awareness for the FX markets.
- Be self-motivated to learn and develop your skills into the next role
- Identify profit angles with both new and existing clients
- Excellent Telephone Manner & Communication Skills
- Influence and Persuasion
- Self-Motivated and results/target driven
- Trained by a team of highly driven successful people
- Participate in one of the industry’s leading bonus schemes
- Regular incentives (company nights out, competitions etc)
You can expect Year 1 OTE £30,000-£40,000 based on performance with Year 2 expected to increase to £50,000-£70,000. Step by step training will be provided to help you achieve in excess of £100,000 by Year 3 based on your work ethic. Your bonus structure will be uncapped meaning your earnings are dependent on the work you put in. If you feel like you meet the above criteria, please apply now.
Seniority level: Entry level
Employment type: Full-time
Job function: Finance and Sales
Junior FX Broker employer: Spectrum
Contact Detail:
Spectrum Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Junior FX Broker
✨Tip Number 1
Familiarise yourself with the foreign exchange market. Understanding key concepts, trends, and terminologies will not only boost your confidence but also help you engage in meaningful conversations during interviews.
✨Tip Number 2
Practice your cold calling skills. Since this role involves a significant amount of outbound calls, role-playing with friends or family can help you refine your pitch and improve your telephone manner.
✨Tip Number 3
Network with professionals in the FX industry. Attend relevant events or join online forums to connect with people who can provide insights and potentially refer you to opportunities at Spectrum FX.
✨Tip Number 4
Stay updated on financial news and market developments. Being knowledgeable about current events will demonstrate your keen commercial awareness and passion for the FX markets during your interactions with potential employers.
We think you need these skills to ace Junior FX Broker
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights any relevant skills or experiences that align with the role of a Junior FX Broker. Emphasise your communication skills, self-motivation, and any experience in sales or finance, even if it's from internships or part-time jobs.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in foreign exchange sales and how your background makes you a suitable candidate. Be sure to express your ambition and willingness to learn.
Highlight Relevant Skills: In your application, focus on skills that are crucial for the role, such as excellent telephone manner, communication skills, and the ability to influence and persuade. Provide examples of how you've demonstrated these skills in past experiences.
Show Your Knowledge of the FX Market: Demonstrate your understanding of the foreign exchange market in your application. You can mention any research you've done or trends you've noticed. This shows your genuine interest in the field and your readiness to engage with the role.
How to prepare for a job interview at Spectrum
✨Master Your Communication Skills
As a Junior FX Broker, excellent telephone manner and communication skills are crucial. Practice articulating your thoughts clearly and confidently, as you'll be making outbound calls to key decision makers.
✨Research the FX Market
Demonstrating a keen commercial awareness of the FX markets will set you apart. Stay updated on current trends and news in foreign exchange to show your potential employer that you're proactive and knowledgeable.
✨Prepare for Cold Calling
Cold calling is a significant part of this role. Prepare by practising your pitch and anticipating questions or objections from potential clients. This will help you feel more confident during the interview.
✨Show Your Ambition
Spectrum FX is looking for highly driven individuals. Be ready to discuss your career aspirations and how you plan to achieve them within the company. Highlight your motivation to learn and develop your skills.
