Container Derivatives Broker

Join to apply for the Container Derivatives Broker role at Freight Investor Services

Freight 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 App, FIS Live, other data services, as well as education 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 London, New York, Houston, Dubai, Mumbai, Athens, Copenhagen, Geneva, Singapore and Shanghai. 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 counter party risk provides a vital competitive advantage while enabling clients to trade with confidence.

This is an exciting opportunity for a dynamic, motivated individual to support the growth of a new product line in the rapidly evolving and highly volatile container market where price movements have significant impact on shipowners, liners, and charterers. The successful candidate will gain direct exposure to the physical container market while helping FIS expand its presence in the container derivatives space.

This role offers both the challenge and the reward of working at the forefront of a developing market segment.

• Promote FIS as a company; providing market intelligence and analysis to clients
• Arrange trades via voice broking on and behalf of clients
• Ensure all trades are executed on a non‑advice / execution only basis
• Reconcile and enter trades in Trade Manager and/or relevant exchange as necessary
• 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
• Produce a daily/weekly update of market prices, 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
• Understand the desk’s business strategy; identify and seize new business opportunities relating to trends, future markets, products and clients
• Perform any other reasonable duties the company may require

• 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 cooperative 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

• Regular management feedback to ensure role requirements are met
• Complete any mandatory training required by the company and required deadlines
• Maintain own Continued Professional Development (CPD)

Key Competencies / Skills

• Experience in any of the commodity markets in which we operate – preferred
• Sound knowledge of underlying markets and technical aspects of broking – essential
• Demonstrate experience as a broker covering commercial clients (financial markets) – essential
• Deep understanding of price risk management - essential
• CISI…