Desk Assistant, Ffa
1 day ago
**THE COMPANY**
Freight Investor Services is the global leader in dry bulk derivatives. With a pedigree that goes back to the formation of the dry bulk FFA market, FIS has enjoyed sustained growth in each year of operation. We have the proven ability to recognise, develop and exploit nascent derivative markets and consistently deliver the most accurate data, insight and expertise to support them. Our experts have the background and experience to understand not only the forces that drive markets, but also how to create products that can be used to manage trading opportunities that arise from those movements.
We have leveraged our experience in FFAs to develop risk management tools for related commodities including Iron Ore, Steel and Scrap, Fuel Oil, Fertilizers, Tankers and Air Freight. 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 for dry bulk freight and commodity swaps, 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**
**Responsibilities & Competencies**
Key responsibilities:
- Provide support to brokers on the desk to enable smooth day to day running of the desk
- Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner
- On-board new clients following appropriate Compliance and Operations procedures
- With support from Head Broker, regularly assess client needs and financial conditions to identify internal cross-selling opportunities, calculating strategies
Risk related responsibilities:
- Understand regulation within the evolving regulatory landscape
- Support a risk and compliance aware culture and comply with FIS company policies
- Exercise judgement and act with integrity, due care, skill and diligence and open and co-operative with the FCA, 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 and ensure understanding and adherence to all regulatory, exchange or clearing house requirements applicable to role
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)
**Requirements**:
**Key competencies / skills**
- Demonstrate some knowledge of products and markets; possess knowledge of derivatives as well as underlying markets and technical aspects of broking - Essential
- Strong academic background (ideally Finance, Economics or similar); degree educated - Essential
- Monitor markets and follow financial news and developments - Essential
- Personable and engaging with desire to build relationships and networks wherever possible - Essential
- Resilient and communicates effectively with clients and colleagues - Essential
- Tenacious and thrives in a pressurised environment - Essential
- Team oriented; works well with others and diverse groups / personalities
- Essential
- Excellent attention to detail; strong analytical and numeracy skills - Essential
- Competent in Excel, MS Word - Essential
FIS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, national origin, disability, protected veteran status, sexual orientation or any other characteristic protected by law.
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