Commodity Broker

3 weeks ago

London, United Kingdom FREIGHT INVESTOR SERVICES Full time

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 an experienced Commodity Broker in our rapidly expanding London office.  This is a mid-level role for a dynamic individual who has a passion for the financial markets. Ideal candidates will personable, tenacious and a natural networker, having a proactive approach to generating leads and securing new business.




Requirements

Key responsibilities: 

 


•     Promote FIS as a company, providing market intelligence and analysis to clients

•     Arrange physical or financial trades via voice broking on and behalf of clients for execution at relevant exchange;

•     Create liquidity and price discovery with entities including Exchanges, SI’s, MTF’s, clearers, prime brokers and prop traders;

•     Maintain and create relationships with other brokers when there is no liquidity from Liquidity Providers;

•     Maintain and enhance existing client relationships, making regular contact and tracking daily trading activities;

•     Proactively solicit feedback from industry participants via trade calls, surveys, industry events, trade shows and conferences;

•     Identify and seize new business opportunities relating 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 Compliance and Operations procedures;

•     Regularly assess client needs and financial conditions to identify and pursue internal cross-selling opportunities;

•     Perform any other reasonable duties the company may 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) 

 

Key competencies / skills  

 


•     Demonstrate experience as a broker covering commercial clients (financial or the physical markets)

•     Deep understanding of price risk management - essential

•     CISI Regs & Derivatives – essential

•     Willing to travel to visit clients - essential

•     Robust quantitative, presentation, and decision-making capabilities

•     Entrepreneurial mindset / self-motivated

•     Possess knowledge of Commodity products – desirable

•     Strong client focus; personable and engaging building relationships and networks wherever possible

•     Degree in Economics or related degree – preferred

•     Communicate effectively with clients and colleagues - essential

•     Tenacious and thrives in a pressurised environment – essential

•     Team orientated; works well with others and diverse groups / personalities – essential

•     Excellent attention to detail; strong analytical and numeracy skills – essential

•     Strong IT Systems experience – Excel - essential



Benefits

Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.

•        Competitive salary and discretionary bonus

•        Pension scheme

•        Private healthcare and life assurance scheme

•        25 days holiday

•        Gym membership

•        Season ticket travel loan

•        Cycle to work scheme

•        Learning & Development / CPD opportunities


Freight Investor Services is an equal opportunities employer and we welcome applications regardless of personal characteristics such as age, race, disability, gender, sexual orientation, socio-economic background, ethnicity, nationality and religious beliefs.

 

We are committed to treating all of our candidates fairly and would like you to have every opportunity to excel in our application and interview selection process. If you need any adjustments to be made as part of the process (such as for a neurodiverse condition, a disability, a medical condition or other individual need) please let us know in good time, so that we can support you.




  • Commodities Broker

    6 days ago

    London, United Kingdom Oakmont Solutions Ltd Full time

    Our clients are known as one of the top 3 Inter Dealer Brokers in the UK who have an exciting position on the Cross Commodity desk for a Senior Broker. A market leader in their field, they work with a number of first tier Financial Institutions with offices internationally.

  • Commodity Broker

    1 week ago

    London, United Kingdom Freight Investor Services Ltd. Full time

    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...

  • Senior Commodity Broker

    6 days ago

    London, United Kingdom Oakmont Solutions Ltd Full time

    Inter Dealer Broker Cross Commodity Broker Our clients are known as one of the top 3 Inter Dealer Brokers in the UK who have an exciting position on the Cross Commodity desk for a Senior Broker. A strong client base is compulsory. A market leader in their field, they work with a number of first tier Financial Institutions with offices...

  • Commodities Broker

    1 week ago

    London, United Kingdom Freight Investor Services Ltd. Full time

    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...

  • Commodities Nq

    4 weeks ago

    London, United Kingdom gmk Full time

    **Commodities NQ** Our client is a major international law firm and market leader in Commodities law. It acts across the broad spectrum of international sale of goods, and financing large scale transactions. Clients include trading houses, banks, brokers, insurers and trade associations. It seeks an NQ to join the team; ideally with some related experience...

  • Junior Broker

    4 weeks ago

    London, United Kingdom Tradition Full time

    Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Tradition’s goal is to provide superior client services. Tradition is currently seeking to appoint a Junior Broker on our Power desk to be based within our office in the...

  • Junior Broker

    8 hours ago

    London, United Kingdom Tradition Full time

    Job Description Tradition is the interdealer broking arm of Compagnie Financière Tradition and one of the world's largest interdealer brokers in over-the-counter financial and commodity related products. Tradition’s goal is to provide superior client services. Tradition is currently seeking to appoint a Junior Broker on our Power desk to be based within...

  • Trade Assistant

    2 weeks ago

    London, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offer Main purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from...

  • Trade Assistant

    2 weeks ago

    London, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offer Main purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from...

  • Energy Broker

    3 weeks ago

    London, United Kingdom Xpansiv CBL Holding Group Full time

    Xpansiv provides the market infrastructure to rapidly scale the world’s energy transition. The company’s main business units include CBL , the largest spot exchange for environmental commodities, including carbon credits and renewable energy certificates; SRECTrade , one of the largest transaction and management firms in the solar renewable energy...

  • Trade Assistant

    2 weeks ago

    London, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offerMain purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from brokers...

  • Trade Assistant

    1 week ago

    London, United Kingdom IPOE Consulting Full time

    Job DescriptionTrade Assistant – Commodity Trading Permanent position with hybrid working on offerMain purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking...

  • Financial Trade Operations Specialist

    4 weeks ago

    London, United Kingdom Anglo American Full time

    Company Description The Risk and Compliance function within the Marketing Finance team provide senior management, the Front Office teams and the Head of Risk & Compliance, with transparency into the financial exposure, the profit/loss results and risks being run in the different commodity trading and marketing portfolios The Financial Trade Operations...

  • Trade Assistant

    2 weeks ago

    London Area, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offerMain purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from brokers...

  • Trade Assistant

    2 weeks ago

    London Area, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offerMain purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from brokers...

  • Trade Assistant

    2 weeks ago

    London Area, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offerMain purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from brokers...

  • Trade Assistant

    2 weeks ago

    London Area, United Kingdom IPOE Consulting Full time

    Trade Assistant – Commodity Trading Permanent position with hybrid working on offer Main purpose of the position Providing support to the Precious Metals, Energy and Base Metals trading desks in their trading activities with position keeping, trade input into the in house system, liaising with back and middle office functions, checking reports from...

  • Gas & Power Commodities Operations Analyst

    2 weeks ago

    London, United Kingdom Hays Full time

    Our client stands out as a fast-growing boutique systematic hedge fund, pioneering macroeconomic strategies with unmatched performance and leading the industry against their peers. This presents a fantastic opportunity for an experienced Gas & Power Commodities Operations Analyst to join as an additional member of the Commodities team. As an Operations...

  • Gas & Power Commodities Operations Analyst

    2 weeks ago

    London, United Kingdom Hays Full time

    Our client stands out as a fast-growing boutique systematic hedge fund, pioneering macroeconomic strategies with unmatched performance and leading the industry against their peers. This presents a fantastic opportunity for an experienced Gas & Power Commodities Operations Analyst to join as an additional member of the Commodities team. As an Operations...

  • Gas & Power Commodities Operations Analyst

    2 weeks ago

    London, United Kingdom Hays Full time

    Our client stands out as a fast-growing boutique systematic hedge fund, pioneering macroeconomic strategies with unmatched performance and leading the industry against their peers. This presents a fantastic opportunity for an experienced Gas & Power Commodities Operations Analyst to join as an additional member of the Commodities team. As an Operations...