At a Glance
- Tasks: Join our Light-Ends Oil desk to broker physical contracts like LPG, Naphtha, and Gasoline.
- Company: TP ICAP is a global leader in market infrastructure, connecting clients to financial and commodities markets.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and collaboration in a diverse team.
- Why this job: Be part of an innovative team that values integrity and client relationships while making a real impact.
- Qualifications: Experience in broking commodities, especially oil, with strong client focus and entrepreneurial spirit required.
- Other info: We encourage applicants from all backgrounds; your unique skills could be the perfect fit!
The predicted salary is between 48000 - 72000 £ per year.
Broker – Physical Naphtha
Broker – Physical Naphtha
Apply locations London time type Full time posted on Posted Today job requisition id R3141
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
PVM Oil
PVM is the world’s leading broker of oil instruments, including over-the-counter broking of Swaps, Forwards, and Physical Crude Oil and Refined Products, together with exchange broking of WTI, Brent and Gasoil Futures contracts.
Our non-oil business covers broking of Physical and Financial Coal, and EU Carbon Allowances and Offsets.
We provide broking and high quality, value-added execution services for Swaps, Forwards, Physical Oil, Refined Petroleum Products, Futures Contracts and Renewables.
Role Overview
We are seeking an experienced Physical broker to join our Light-Ends Oil desk in London. The successful candidate will be responsible for broking physical light ends contracts, including LPG, Naphtha, and Gasoline, servicing customers in these markets to generate revenue. This role requires developing and maintaining strong client relationships and identifying prospective new clients to contribute to the desk’s ongoing success. Additionally, the individual may be required to cover other brokers as needed.
Role Responsibilities:
- Promote PVM
- Maintain and develop existing client relationships and make contact with prospective new clients, where appropriate
- Maintain an up-to-date knowledge of the products and markets in which you work; actively solicit feedback from industry participants through various means.
- Understand the desk’s business strategy and seek to identify new business opportunities relating to trends, future markets, products and clients
- On-board new clients following the correct process with the Client On-Boarding team
- Assess client needs and financial conditions to identify internal cross selling opportunities
- Understand pertinent regulation within the evolving regulatory landscape
- Support a risk and compliance aware culture and comply with group policies
- Exercise independent judgement and act with integrity, care, skill and diligence to avoid conflicts of interest and escalate issues as appropriate
Experience / Competences:
Essential
- Proven track record in broking commodities, preferably in oil, with a deep understanding of the light ends market, including LPG, Naphtha, and Gasoline.
- Entrepreneurial – Be willing to be part of a team breaking new ground into established markets and gaining market share
- Exceptional client focus / delivery skills.
- Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations.
- Constructively handles disagreements to reach a resolution.
- Works ethically and shows respect for both professional and company values.
- Understands ideas and has a viewpoint on the markets and economy.
- Build relationships and networks with both internally and externally wherever possible.
- Instils Trust – gaining the confidence and trust of others through honesty, integrity, and authenticity.
- Team player – demonstrates ability to work effectively with others, communicating clearly and instilling trust with your colleagues.
- Values Differences – recognizes the value that different perspectives and cultures bring to an organization.
Desired
- Professional, Ambitious, driven, determined, high standards and willing to go above and beyond.
- Handles situations and problems effectively using own initiative.
- Seeks opportunities for improvements.
- Demonstrates high levels of energy in seeking out and achieving new goals.
Band & level: Professional, 4
#LI-Onsite #LI-M
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn’t align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organization. Our dedicated Talent Acquisition team is here to assist you in recognizing how your unique skills and abilities can be a valuable contribution. Don’t hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That’s why we’re building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord – our Employee Network – is central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practices, and holds our firm to account for driving continuous cultural improvement.
Location
UK – 3rd Floor Verde Building
#J-18808-Ljbffr
Broker - Physical Naphtha employer: TP ICAP
Contact Detail:
TP ICAP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker - Physical Naphtha
✨Tip Number 1
Make sure to stay updated on the latest trends in the light ends market, especially regarding LPG, Naphtha, and Gasoline. This knowledge will not only help you in conversations with potential clients but also demonstrate your expertise during networking opportunities.
✨Tip Number 2
Networking is key in the broking industry. Attend industry events, webinars, and conferences where you can meet professionals in the oil sector. Building relationships with others in the field can lead to valuable connections and potential job opportunities.
✨Tip Number 3
Develop a strong understanding of compliance and regulatory issues affecting the commodities market. Being knowledgeable about these topics will set you apart as a candidate who is not only focused on sales but also understands the importance of risk management.
✨Tip Number 4
Showcase your entrepreneurial spirit by thinking creatively about how to approach new clients and markets. Prepare examples of how you've successfully identified and pursued new business opportunities in the past to discuss during interviews.
We think you need these skills to ace Broker - Physical Naphtha
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Broker - Physical Naphtha position. Tailor your application to highlight relevant experience in broking commodities, particularly in oil and light ends.
Highlight Relevant Experience: In your CV and cover letter, emphasize your proven track record in broking commodities, especially your knowledge of LPG, Naphtha, and Gasoline markets. Use specific examples to demonstrate your client relationship skills and ability to generate revenue.
Showcase Your Skills: Make sure to showcase your entrepreneurial spirit and exceptional client focus. Discuss how you've successfully navigated high-pressure environments and resolved conflicts, as these are key competencies for this role.
Personalize Your Application: Address your application to the hiring team at TP ICAP and express your enthusiasm for the role. Mention why you are drawn to their mission and how you can contribute to their vision of being a trusted liquidity and data solutions specialist.
How to prepare for a job interview at TP ICAP
✨Show Your Market Knowledge
Make sure to demonstrate a deep understanding of the light ends market, including LPG, Naphtha, and Gasoline. Be prepared to discuss recent trends and how they might impact your potential clients.
✨Highlight Client Relationship Skills
Emphasize your experience in building and maintaining strong client relationships. Share specific examples of how you've successfully serviced clients and generated revenue in previous roles.
✨Demonstrate Your Entrepreneurial Spirit
Be ready to discuss how you can contribute to breaking new ground in established markets. Show your willingness to take initiative and seek out new business opportunities.
✨Prepare for High-Pressure Scenarios
Since this role involves working in a high-pressure environment, think of examples where you've effectively managed stress and resolved conflicts. Highlight your ability to keep emotions under control during challenging situations.