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Commodity Broker

Posted 17 days ago

  • Clerkenwell, Greater London
  • Any
  • External
  • Expires In 2 months
London, United Kingdom Posted on 23/04/2024 Freight InvestorServices (FIS) is a leading global brokerage of freight andcommodities. We are the world s largest broker on dry freightfutures, and have a strong presence across the bulk commodities,metals, and energy markets. We were the first brokerage to tradein the cleared market on iron ore and later coking coal futures,we also maintain a strong position in broking steel futures onall exchanges, as well as fuel oil, base metals, fertilisers,and tanker freight. We are proud of our innovative ethos, havingbeen first mover on a number of products, most recently on thecobalt and air freight futures markets. Not only do we provideexcellent brokerage services, but also data services via our FISLive App and API services, as well as education services to helpthose entering new markets. Wehave expanded via our network of trading associates and branchoffices to offer coverage of derivative and physical shippingmarkets in the UK, US, Dubai, India, Singapore, and China.Through our global network, FIS offers full brokerage services,trade execution and in-depth market intelligence and data forfreight and commodities, as well as providing physical ship andcargo services. Our expertise in managing credit andcounterparty risk provides a vital competitive advantage whileenabling clients to trade with confidence. Job Description ABOUT FIS Freight Investor Services (FIS) is a leading global brokerage of freight and commodities. We are the world s largest broker on dry freight futures, and have a strong presence across the bulk commodities, metals, and energy markets. We were the first brokerage to trade in the cleared market on iron ore and later coking coal futures, we also maintain a strong position in broking steel futures on all exchanges, as well as fuel oil, base metals, fertilisers, and tanker freight. We are proud of our innovative ethos, having been first mover on a number of products, most recently on the cobalt and air freight futures markets. Not only do we provide excellent brokerage services, but also data services, our App FIS Live, as well as education services to help those entering new markets. We have expanded via our network of trading associates and branch offices to offer coverage of derivative and physical shipping markets in the UK, US, Dubai, India, Singapore and China. Through our global network, FIS offers full brokerage services, trade execution and in-depth market intelligence and data for freight and commodities, as well as providing physical ship and cargo services. Our expertise in managing credit and counterparty risk provides a vital competitive advantage while enabling clients to trade with confidence. THE ROLE We have an exciting opportunity for anexperienced Commodity Broker in our rapidly expanding Londonoffice. This is a mid-level role for a dynamic individual who has apassion for the financial markets. Ideal candidates will personable, tenaciousand a natural networker, having a proactive approach to generating leads andsecuring new business. Requirements Key responsibilities: Promote FIS as a company, providing marketintelligence and analysis to clients Arrange physical or financial trades via voicebroking on and behalf of clients for execution at relevant exchange; Create liquidity and price discovery withentities including Exchanges, SI s, MTF s, clearers, prime brokers and proptraders; Maintain and create relationships with otherbrokers when there is no liquidity from Liquidity Providers; Maintain and enhance existing clientrelationships, making regular contact and tracking daily trading activities; Proactively solicit feedback from industryparticipants via trade calls, surveys, industry events, trade shows andconferences; Identify and seize new business opportunitiesrelating to trends, future markets, products and clients; Produce a daily/weekly report of market prices,market direction for international desks; On-board new clients following correct Complianceand Operations procedures; Regularly assess client needs and financialconditions to identify and pursue internal cross-selling opportunities; Perform any other reasonable duties the companymay require Training: Seek regular feedback from Desk Head to ensure role requirements are met Complete any mandatory training required by the company and required deadlines Maintain own Continued Professional Development (CPD) Demonstrate experience as a broker coveringcommercial clients (financial or the physical markets) Deep understanding of price risk management -essential Willing to travel to visit clients - essential Robust quantitative, presentation, anddecision-making capabilities Possess knowledge of Commodity products desirable Strong client focus; personable and engagingbuilding relationships and networks wherever possible Degree in Economics or related degree preferred Communicate effectively with clients andcolleagues - essential Tenacious and thrives in a pressurisedenvironment essential Team orientated; works well with others anddiverse groups / personalities essential Excellent attention to detail; strong analyticaland numeracy skills essential Our rapidly growing businessoffers a dynamic environment for talented, entrepreneurial professionals toachieve results and grow their careers. Competitive salary and discretionary bonus Private healthcare and life assurance scheme Season ticket travel loan Cycle to work scheme Learning & Development / CPD opportunities Freight Investor Services is an equal opportunitiesemployer and we welcome applications regardless of personal characteristicssuch as age, race, disability, gender, sexual orientation, socio-economicbackground, ethnicity, nationality and religious beliefs. We are committed to treating all of our candidatesfairly and would like you to have every opportunity to excel in our applicationand interview selection process. If you need any adjustments to be made as partof the process (such as for a neurodiverse condition, a disability, a medicalcondition or other individual need) please let us know in good time, so that wecan support you. #J-18808-Ljbffr
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