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Freight Investor Services Ltd.

Steel & Scrap Broker

Freight Investor Services Ltd., Houston, Texas, United States, 77246


Houston, United States

| Posted on 11/10/2023Freight 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, and 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 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 ROLEWe 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.Requirements

Key Responsibilities:Promote FIS as a company, providing market intelligence and analysis to clients.Arrange trades via voice broking on behalf of clients for execution at relevant exchanges.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 update of market prices and 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 Related 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 be open and co-operative 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 the role.Qualifications: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 pressured 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 Series 3 NFA test or have Series 3 NFA credentials.Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.• Competitive salary and discretionary bonus• Learning & Development / CPD opportunitiesFIS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, colour, sex, national origin, disability, protected veteran status, sexual orientation, or any other characteristic protected by law.

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