Logo of Huzzle

Junior Broker - Agricultural & Soft Commodities (Madrid)

image

TP ICAP

Yesterday

  • Job
    Full-time
    Entry, Junior & Mid Level
  • Sales & Business Development
    Banking & Finance
  • Madrid
  • Quick Apply

AI generated summary

  • You should understand agricultural commodities trading, possess strong English skills, have revenue generation experience, be detail-oriented, and handle pressure well; additional languages are a plus.
  • You will support brokers, input trades, resolve queries, identify opportunities, maintain records, update market data, provide trade details, and monitor financial news and products.

Requirements

  • Understand the agricultural and soft commodities world and how it is traded (e.g. physical and derivative products tied to key agricultural and tropical commodities).
  • English language skills, both written and verbal.
  • Understands ideas and has a viewpoint on the financial markets and global economy.
  • Excellent attention to detail, highly organised with a proactive approach.
  • Experience in generating revenue, building and maintaining client relationships, and achieving or exceeding sales targets within a competitive environment.
  • Demonstrated ability to proactively identify and pursue new business opportunities, with a strong sense of ownership and a results-driven approach.
  • Additional languages that would help: Spanish, French and Portuguese.
  • Able to work under pressure in a dynamic environment, Excellent attention to detail, highly organised with a proactive approach.
  • Basic knowledge of futures and options financial products.
  • Build relationships and networks with both internally and externally wherever possible.
  • Handles criticism constructively.

Responsibilities

  • Promote TP ICAP Group.
  • Provide complete support to the brokers for the smooth running of the desk.
  • Ensure timely input of trades into trading systems.
  • Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner.
  • Identify trade opportunities and calculate strategies.
  • Keep trade records up to date.
  • Update real-time manual / electronic whiteboards with market data.
  • Provide input on various projects for brokers and traders.
  • Provide trade details to brokers and traders on a daily basis.
  • Give live quotes to traders through the messaging systems.
  • Monitor markets and follow financial news and developments.
  • Understand the underlying products being traded and keep up to date with knowledge of new products/procedures.

FAQs

What is the role of a Junior Broker in Agricultural & Soft Commodities?

The Junior Broker facilitates trades for physical and derivative products tied to key agricultural and soft commodities, supports brokers, resolves trade queries, identifies trade opportunities, and monitors markets.

Is there an emphasis on any specific languages for this role?

Yes, proficiency in English is essential, and Spanish language skills are also required for client interactions and working with local markets.

What kind of experience is essential for this position?

Essential experience includes understanding the agricultural and soft commodities market, generating revenue, building and maintaining client relationships, and achieving sales targets.

Are there any desired skills or attributes for applicants?

Desired skills include additional language proficiency (Spanish, French, or Portuguese), the ability to work under pressure, a basic knowledge of futures and options financial products, and strong organizational skills.

What is the work environment like for this role?

The role is set in a fast-paced trading environment, requiring effective communication and analytical skills to relay market information clearly.

What opportunities for growth does this position offer?

A career in Ags & Softs broking offers exposure to global markets and the chance to develop expertise in essential commodities, providing a pathway for career advancement.

What qualifications are necessary to apply for this role?

While specific qualifications are not explicitly stated, a background in finance or a relevant degree may be beneficial, along with strong analytical and communication skills.

Is prior experience in trading or broking required for this role?

While prior experience is advantageous, the role is aimed at junior candidates, which suggests that a strong willingness to learn and adapt is equally valued.

What support will the Junior Broker receive in their role?

The Junior Broker will provide complete support to the brokers for smooth desk operations, receive mentoring, and have opportunities to contribute to various projects for brokers and traders.

What kind of company culture does TP ICAP promote?

TP ICAP promotes an inclusive culture that values diverse perspectives and skills, focused on continuous improvement and collaboration through initiatives like TP ICAP Accord.

Finance
Industry
5001-10,000
Employees
2016
Founded Year

Mission & Purpose

We are the world’s largest inter-dealer broker, the world’s largest energy & commodities broker, and the world’s leading provider of over-the-counter (OTC) pricing data. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity and distribution of data, through responsible and innovative solutions. We operate in 28 countries and employ 5,200 people, including 2,600 brokers. Our clients include top tier investment banks and financial institutions. Through our people and technology, we connect clients to superior liquidity and data solutions across every major asset class, including Rates, FX, Credit Equities, Energy, Renewables and Digital Assets. We are home to a line up of premium brands. Each has a distinct, client-focused offering, underpinned by the financial security, operational strength and robust governance of the TP ICAP Group. Our brands include: •Tullett Prebon •ICAP •Liquidnet •Parameta Solutions •PVM.