At a Glance
- Tasks: Support trading activities and develop tech-driven solutions in a fast-paced environment.
- Company: Join TP ICAP, the world's leading interdealer broker with a collaborative culture.
- Benefits: Competitive salary, inclusive workplace, and opportunities for professional growth.
- Other info: Diverse team environment with a focus on inclusivity and personal development.
- Why this job: Make an impact in financial markets while working with innovative technology.
- Qualifications: Experience in financial markets, strong Excel skills, and excellent communication abilities.
The predicted salary is between 50000 - 70000 £ per year.
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. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
About ICAP RVICAP Relative Value (ICRV) is a dedicated global execution division specializing in US Treasuries (USTs), Futures, and Options markets. Operating around the clock, the unit consists of a dedicated team that executes complex, multi-leg synthetic strategies on behalf of institutional clients.
Role Overview: The Execution & Sales Broker will be a key member of the ICAP Relative Value (ICRV) Fixed Income execution team, supporting the desk’s day-to-day trading activities and technology initiatives. The role combines market analysis, client-focused trade execution, and the development and deployment of technology-driven trading solutions that enhance the desk’s offering and contribute to its long-term strategic growth. The successful candidate will have prior experience in financial markets, with a particular focus on Futures and Options, and demonstrate a strong understanding of market structure and trading dynamics. They will possess advanced Microsoft Excel skills, including the ability to build, interpret, and troubleshoot complex mathematical and analytical models. Strong communication, relationship management, and sales abilities are essential, along with the capacity to perform effectively in a fast-paced, high-pressure trading environment. This role offers an opportunity to work at the intersection of trading, analytics, and technology, helping to drive execution excellence, client engagement, and innovation across the business.
While we are primarily targeting candidates with prior Front Office experience, we are open to a range of profiles as part of our longer-term team development plans. This includes high-potential graduates with relevant internship experience, as well as individuals with several years of experience in execution, derivatives, or trading support roles.
Role Responsibilities:
- Support in building and integrating asset pricing tools and advanced software tools used by the desk
- Conduct valuation & data analysis with production of daily market analytical reports
- Ensure timely input of trades into trading systems
- Resolve any trade queries received internally or externally, and ensure any trade discrepancies are resolved in a timely manner
- Identify trade opportunities and calculate strategies
- Maintain accurate and timely trade capture and records
- Give live quotes to traders through the messaging systems
- Monitor markets and follow financial news and developments
- Liaise with clients, via telephone and face to face, to provide a reliable and efficient broking service
- Fulfil additional / ad hoc duties as required to meet the needs of the business
Experience / Competences:
Essential:- Strong understanding of global financial markets, particularly fixed income or derivatives
- Advanced Microsoft Excel skills, which might include modelling and data analysis
- Strong analytical and problem-solving capability
- Excellent communication and interpersonal skills
- Ability to operate effectively in a fast-paced, high-pressure trading environment
- Collaborative approach with the ability to build relationships across teams
- Proven experience in Front Office trade execution
- Excellent & proven knowledge of Options
- Experience in Government Bonds, and/or Equity Markets, and/or Interest Rate based products
- Solid understanding in statistics
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 organisation. Our dedicated Talent Acquisition team is here to assist you in recognising 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 a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location: UK - 135 Bishopsgate - London
Execution & Sales Broker employer: TP ICAP
At TP ICAP, we pride ourselves on being a leading employer in the financial services sector, offering a dynamic work environment that fosters innovation and collaboration. Our London office is not only at the heart of global finance but also provides employees with exceptional growth opportunities through continuous learning and development initiatives. With a strong commitment to inclusivity and a culture that values diverse perspectives, we empower our team members to thrive and contribute meaningfully to our mission of delivering superior liquidity and data solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Execution & Sales Broker
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like TP ICAP. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Execution & Sales Broker
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to TP ICAP.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on TP ICAP's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at TP ICAP
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with TP ICAP.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at TP ICAP will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former TP ICAP employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
