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For Companies At a Glance
- Tasks: Generate revenue by identifying companies with foreign exchange risk and building a client portfolio.
- Company: A rapidly growing firm providing risk management and hedging solutions in commodities and FX markets.
- Benefits: Enjoy a competitive salary, uncapped bonuses, and opportunities for international growth.
- Why this job: Join a dynamic team focused on innovation and scalability in the FX industry.
- Qualifications: No specific qualifications required; enthusiasm and a willingness to learn are key.
- Other info: Work closely with various teams, including compliance and technology, for comprehensive support.
The predicted salary is between 48000 - 80000 £ per year.
£60,000 - £100,000 Base with uncapped bonus
The Opportunity
You will be responsible for generating revenue by identifying companies with exposure to foreign exchange risk, be it from commodities business or elsewhere, and building a portfolio of businesses who hedge their FX exposure. Additionally, the salesperson has the opportunity to be exposed to commodity structured products and can generate revenue from these, usually as a result of associated FX business.
About Us
Providing over-the-counter risk management and hedging solutions to organisations with exposure to the commodities and FX markets. In addition, the group offers brokerage services for commodities and equities and structures bespoke financial instruments for their client base. This firm is a rapidly growing company, with over 50 employees across all divisions.
Background & Purpose
As a strong and growing predominately commodities business, we are looking to replicate its success in the FX industry. Increasing the sales presence in the FX space will give us the opportunity to not only advise and structure OTC hedging solutions for businesses with FX exposure resulting from commodity business, but to reach into sectors outside its traditional client base. The business is expected to grow quickly and internationally. Importance is placed on business scalability, reach and will be supported extensively from within, across teams ranging from compliance, Trading, Credit and in particular Technology.
Fx Business Development Associate employer: Taylor Financial Recruitment Ltd
Contact Detail:
Taylor Financial Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fx Business Development Associate
✨Tip Number 1
Network within the FX and commodities sectors. Attend industry events, webinars, and conferences to meet potential clients and learn about their needs. Building relationships can lead to valuable insights and opportunities.
✨Tip Number 2
Stay updated on market trends and developments in foreign exchange and commodities. Understanding the latest news and shifts in the market will help you identify potential clients and tailor your approach effectively.
✨Tip Number 3
Leverage social media platforms like LinkedIn to connect with professionals in the FX and commodities industries. Share relevant content and engage in discussions to establish yourself as a knowledgeable resource in the field.
✨Tip Number 4
Consider seeking mentorship from experienced professionals in FX business development. Their insights and guidance can provide you with practical strategies and tips that are specific to succeeding in this role.
We think you need these skills to ace Fx Business Development Associate
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Fx Business Development Associate. Highlight your understanding of foreign exchange risk and how it relates to commodities in your application.
Tailor Your CV: Make sure your CV reflects relevant experience in sales, particularly in financial services or commodities. Emphasise any previous roles where you successfully generated revenue or managed client relationships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills align with their goals of expanding in the FX market and mention any specific achievements that demonstrate your capability.
Showcase Relevant Skills: Highlight skills that are crucial for this position, such as analytical thinking, communication, and negotiation skills. Provide examples of how you've used these skills in past roles to achieve results.
How to prepare for a job interview at Taylor Financial Recruitment Ltd
✨Understand FX and Commodities
Make sure you have a solid grasp of foreign exchange markets and commodities. Brush up on current trends, key players, and how these markets interact. This knowledge will help you demonstrate your expertise and show that you're genuinely interested in the role.
✨Showcase Your Sales Skills
Prepare to discuss your previous sales experiences, particularly in financial services or related fields. Highlight specific examples where you've successfully identified client needs and closed deals, especially those involving risk management or hedging solutions.
✨Research the Company
Familiarise yourself with the company's offerings, values, and recent developments. Understanding their approach to FX and commodities will allow you to tailor your responses and ask insightful questions during the interview.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving abilities and sales strategies. Think about how you would approach potential clients with FX exposure and what solutions you would propose to meet their needs.
