Junior FX Dealer

Company:  Fintech-Rec.co.uk
Location: London
Closing Date: 01/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Fintech-Rec recruit on behalf of some of the most recognised brands within FinTech, FX & Payments. Position: Junior Dealer Location: London Type: Full-Time Company Overview Our client is a leading currency risk management firm specialising in providing tailored solutions to help businesses effectively manage foreign exchange exposure and mitigate currency risks. They combine innovative advisory technology with in-depth market knowledge and strategy to assist clients in navigating the complex world of foreign exchange markets. Position Overview They are seeking a motivated and enthusiastic individual to join the team as a Junior Dealer. This role offers an excellent opportunity for someone with a strong interest in finance and foreign exchange (FX) to build a career in the currency risk management industry. The ideal candidate will have a background in sales, an existing understanding of FX products such as spot and forward contracts and a desire to contribute to the success of our clients and the company. Key Responsibilities: Client Relationship Management Collaborate with Senior Dealers and clients to understand their currency risk exposure and financial objectives. Provide consultative advice and recommend appropriate FX solutions, including spot and forward contracts, tailored to each client's needs. Market Analysis and Research Stay updated on global economic events, geopolitical factors, and market trends affecting currency movements. Conduct research to provide insights into market conditions and potential risks to private clients & businesses. Execution of FX Transactions Assist in the execution of FX trades, ensuring accuracy and adherence to client specifications. Monitor trade executions and post-trade activities, ensuring timely settlements. Product Knowledge Develop a comprehensive understanding of FX products, including spot contracts, forward contracts, options, and other derivatives. Educate clients on the benefits and risks associated with various FX solutions. Sales Support Support the sales team by participating in client meetings and presentations as a subject matter expert. Collaborate with the marketing team to develop informative materials and resources for clients. Risk Management Assist in assessing and managing potential risks associated with FX transactions and market volatility. Qualifications and Experience: Bachelor's degree in Finance, Economics, Business, or related field preferred Previous sales experience, ideally within a financial or related industry Strong interest in finance, currency markets and foreign exchange products Knowledge of FX products such as spot and forward contracts Excellent communication and interpersonal skills Analytical mindset with the ability to interpret market data and trends Detail-oriented with strong organisational skills Proficiency in Microsoft Office Suite Why Join: 25K-30K Base Salary plus commission Opportunity to develop a career in the dynamic field of currency risk management Collaborative and supportive work environment Exposure to diverse clients and industries Competitive compensation package with growth potential Training and professional development opportunities If you are a motivated individual with sales experience, a keen interest in finance and a deep understanding of FX products - we encourage you to apply for the Junior Dealer position.
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