Broker - Light-Ends Oil, Energy & Commodities

Apply locations London time type Full time posted on Posted 5 Days Ago job requisition id R3083

The TP ICAP Group is a world leading provider of market infrastructure.

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.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.

The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.

PVM Oil

PVM is the world's leading broker of oil instruments, including over-the-counter broking of Swaps, Forwards, and Physical Crude Oil and Refined Products, together with exchange broking of WTI, Brent and Gasoil Futures contracts.

Our non-oil business covers broking of Physical and Financial Coal, and EU Carbon Allowances and Offsets.

We provide broking and high quality, value-added execution services for Swaps, Forwards, Physical Oil, Refined Petroleum Products, Futures Contracts and Renewables.

Role Overview

The Light-Ends Oil business is seeking a broker to join their London desk.

In their day-to-day role, the successful applicant will be primarily responsible for broking Light Ends contracts, including Naphtha or Gasoline servicing customers in these markets to generate revenue.

The role will require the individual to develop and maintain strong client relationships, as well as identifying prospective new clients, to contribute to the ongoing success of the desk. In addition, the individual may also be required to cover other brokers as required.

Role Responsibilities:

1. Promote PVM
2. Maintain and develop existing client relationships and make contact with prospective new clients, where appropriate
3. Maintain an up-to-date knowledge of the products and markets in which you work; actively solicit feedback from industry participants through various means.
4. Understand the desk's business strategy and seek to identify new business opportunities relating to trends, future markets, products and clients
5. On-board new clients following the correct process with the Client On-Boarding team
6. Assess client needs and financial conditions to identify internal cross selling opportunities
7. Understand pertinent regulation within the evolving regulatory landscape
8. Support a risk and compliance aware culture and comply with group policies
9. Exercise independent judgement and act with integrity, care, skill and diligence to avoid conflicts of interest and escalate issues as appropriate

Experience / Competences:

Essential

1. Entrepreneurial - Be willing to be part of a team breaking new ground into established markets and gaining market share
2. Experience of Broking Commodities preferably Oil
3. Exceptional client focus / delivery skills.
4. Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations.
5. Constructively handles disagreements to reach a resolution.
6. Works ethically and shows respect for both professional and company values.
7. Understands ideas and has a viewpoint on the markets and economy.
8. Build relationships and networks with both internally and externally wherever possible.
9. Instils Trust - gaining the confidence and trust of others through honesty, integrity, and authenticity.
10. Team player - demonstrates ability to work effectively with others, communicating clearly and instilling trust with your colleagues.
11. Values Differences - recognizes the value that different perspectives and cultures bring to an organization.

Desired

1. Understanding of the asset class Oil Broking
2. Professional, Ambitious, driven, determined, high standards and willing to go above and beyond.
3. Handles situations and problems effectively using own initiative.
4. Seeks opportunities for improvements.
5. Demonstrates high levels of energy in seeking out and achieving new goals.