Freight Investor Services
Overview
Join to apply for the
Steel & Scrap Broker
role at
Freight Investor Services . About Freight Investor Services
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 via our App, FIS Live, other data services, as well as education to help those entering new markets. Global Coverage and Services
We have expanded via our network of trading associates and branch offices to offer coverage of derivative and physical shipping markets in London, New York, Houston, Dubai, Mumbai, Athens, Copenhagen, Geneva, Singapore and Shanghai. 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 Broker to join our Houston based team working across the Steel and Scrap Market. Responsible for promoting FIS and arranging trades on behalf of clients, you will be dynamic and personable with a passion for the financial markets. You will be a natural networker, having a proactive approach to generating leads and securing new business. Ideal candidates will have experience in the commodities space. Responsibilities
Promote FIS as a company, providing market intelligence and analysis to clients Arrange 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, MTFs, 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 update 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 internal cross-selling opportunities Perform any other reasonable duties the company may require Risk and Compliance responsibilities
Understand regulation within the evolving regulatory landscape Support a risk and compliance aware culture and comply with all FIS company policies and handbooks Exercise judgement and act with integrity, due care, skill and diligence and open and cooperative with the NFA, other regulators and exchanges Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities Observe standards of market conduct / ethics and ensure understanding and adherence to all regulatory, exchange or clearing house requirements applicable to role Key Competencies / Skills
Possess sound knowledge of Steel & Scrap products and markets - preferred Strong client focus; personable and engaging building relationships and networks wherever possible - essential Degree in Economics, Geology 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 Must be willing to take Series 3 NFA test or have Series 3 NFA credentials Benefits
Competitive salary and discretionary bonus 20 days holiday Learning & Development / CPD opportunities Equal Opportunity
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. Seniority level
Associate Employment type
Full-time Job function
Finance and Sales
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Join to apply for the
Steel & Scrap Broker
role at
Freight Investor Services . About Freight Investor Services
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 via our App, FIS Live, other data services, as well as education to help those entering new markets. Global Coverage and Services
We have expanded via our network of trading associates and branch offices to offer coverage of derivative and physical shipping markets in London, New York, Houston, Dubai, Mumbai, Athens, Copenhagen, Geneva, Singapore and Shanghai. 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 Broker to join our Houston based team working across the Steel and Scrap Market. Responsible for promoting FIS and arranging trades on behalf of clients, you will be dynamic and personable with a passion for the financial markets. You will be a natural networker, having a proactive approach to generating leads and securing new business. Ideal candidates will have experience in the commodities space. Responsibilities
Promote FIS as a company, providing market intelligence and analysis to clients Arrange 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, MTFs, 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 update 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 internal cross-selling opportunities Perform any other reasonable duties the company may require Risk and Compliance responsibilities
Understand regulation within the evolving regulatory landscape Support a risk and compliance aware culture and comply with all FIS company policies and handbooks Exercise judgement and act with integrity, due care, skill and diligence and open and cooperative with the NFA, other regulators and exchanges Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities Observe standards of market conduct / ethics and ensure understanding and adherence to all regulatory, exchange or clearing house requirements applicable to role Key Competencies / Skills
Possess sound knowledge of Steel & Scrap products and markets - preferred Strong client focus; personable and engaging building relationships and networks wherever possible - essential Degree in Economics, Geology 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 Must be willing to take Series 3 NFA test or have Series 3 NFA credentials Benefits
Competitive salary and discretionary bonus 20 days holiday Learning & Development / CPD opportunities Equal Opportunity
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. Seniority level
Associate Employment type
Full-time Job function
Finance and Sales
#J-18808-Ljbffr