Cross Commodity Options Broker
: Job Details :

Stamford, United States | Posted on 05/04/2024

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, fertilizers, 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 via our FIS Live App and API services, 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.

Job Description

THE ROLE

We are expanding the business and have an exciting opportunity for a Cross Commodity Options Broker to join our team in our Stamford office. This is a mid-level role for a dynamic and motivated individual who has a passion for the financial markets. You will be personable, tenacious, and a natural networker, having a proactive approach to generating leads and securing new business. In addition, you will be highly motivated, analytical and thrive in a fast-moving environment. Ideal candidates will demonstrate a proven track record as a broker in the Commodity markets.

Requirements

Key responsibilities:

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

Arrange physical or financial trades via voice broking on behalf of clients.

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 Management to ensure role requirements are met.

Complete any mandatory training required by the company and required deadlines.

Maintain own Continued Professional Development (CPD).

Possess sound knowledge of Freight and Cross Commodity markets, as well as wider markets and current affairs; sound knowledge of derivatives/Options as well as underlying markets and technical aspects of broking – essential.

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

Deep understanding of price risk management - essential.

Willing to travel to visit clients – essential.

Robust analytical, sales and decision-making capabilities.

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

Communicate effectively with clients and colleagues - essential.

Tenacious and thrives in a pressurized environment – essential.

Team oriented; works well with others and diverse groups/personalities – essential.

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

Must be willing to take or have Series 3 NFA credentials.

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.

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