Commodity Broker
Company: Freight Investor Services Ltd.
Location: Houston
Posted on: September 17, 2023
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Job Description:
Houston, United States - Posted on 19/10/2022 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 are expanding our OTC & Listed Derivatives team in Houston and
have an exciting opportunity for a Commodit y Broker. This is
amid-level role for a dynamic 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. -
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 ;
Proa ctively solicit feedback from industry participants via trade
calls, surveys, industry events, trade shows and conferences ;
I dentify 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
proc edures ;
Regularly a ssess 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)
Demonstrate experience in execution brokerage covering commercial
clients (financial markets or the physical markets)
Deep understanding of price risk management - essential
Series 3 license may be required (must obtain within first 6 months
of employment; company will cover cost)
Willing to travel to visit clients - essential
Robust quantitative, presentation, and decision-making capabilities
-
Entrepreneurial mindset / self-motivated
Possess knowledge of Commodity markets - essential -
Strong client focus; personable and engaging building relationships
and networks wherever possible
Degree in Agriculture , Economics, Chemical Engineering or related
degree - essential -
Communicate effectively with clients and colleagues - essential
Tenacious and thrives in a pressurised environment - essential
Team orien ta ted; works well with others and diverse groups /
personalities - essential
Excellent attention to detail; strong analytical and numeracy
skills - essential
Keywords: Freight Investor Services Ltd., Houston , Commodity Broker, Accounting, Auditing , Houston, Texas
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