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Steel Broker

Company: Freight Investor Services Ltd.
Location: Stamford
Posted on: November 17, 2023

Job Description:

Stamford, United States - Posted on 01/03/2023 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 Commodity Broker - We have an excitingopportunity for a Commodity Broker in our Stamford office. Ideal candidates will be dynamic, entrepreneurialand have a passion for the financial markets. You will be personable, tenaciousand a natural networker, having a proactive approach to generating leads andsecuring new business.
Key responsibilities:
--- Promote FIS as a company, providing marketintelligence and analysis to clients
--- Arrange trades via voice broking on and behalfof clients for execution at relevant exchange;
--- Create liquidity and price discovery with entitiesincluding Exchanges, SI's, MTF's, clearers, prime brokers and prop traders
--- 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 update 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 internal cross-selling opportunities
--- Perform any other reasonable duties the companymay require
Risk relatedresponsibilities
--- Understand regulation within the evolvingregulatory landscape
--- Support a risk and compliance aware culture andcomply with all FIS company policies and handbooks
--- Exercise judgement and act with integrity, due care,skill and diligence and open and co-operative with the NFA, other regulatorsand exchanges
--- Ensure full awareness of and adhere to internalpolicies that relate to the role or any relevant other activities
--- Observe standards of market conduct / ethics andensure understanding and adherence to all regulatory, exchange or clearing houserequirements applicable to role
--- Build on Agriculture product knowledge forrelevant products and markets
--- Regular management feedback to ensure meet requirements
--- Complete any mandatory training required by the companyand required deadlines
--- Maintain own Continued Professional Development(CPD)
Requirements --- Possess good knowledge of Steel products and relatedmarkets - essential
--- Strong client focus; personable and engaging buildingrelationships and networks wherever possible
--- Degree in Economics, Geology or related degree- essential
--- Communicate effectively with clients and colleagues- essential
--- Tenacious and thrives in a pressurisedenvironment - essential
--- Team orientated; works well with others and diversegroups / personalities - essential
--- Excellent attention to detail; strong analyticaland numeracy skills - essential
--- Must be willing to take Series 3 NFA test orhave Series 3 NFA credentials
If you have the relevant Commodity broker career experience skill setsand would like to know more about the above opportunity, then pleaseapply now.

Keywords: Freight Investor Services Ltd., Stamford , Steel Broker, Sales , Stamford, Connecticut

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