FFA Broker (Wet or Dry)

Redstone Search Group; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking experienced FFA brokers to join their expanding derivatives brokerage team. This exciting role involves providing clients with insights on freight trends, negotiating contracts, and advising on strategies to mitigate risks associated with freight rate volatility. You will have the opportunity to build strong networks within the shipping industry while ensuring compliance with regulations. If you are a skilled broker with a proven track record and a transferable portfolio, this position offers a dynamic environment to leverage your expertise and make a significant impact in the commodities market.

Qualifications

• 5+ years of experience as an FFA/Freight Derivatives Broker.
• Strong understanding of shipping markets and freight indices.

Responsibilities

• Provide insights on freight trends and negotiate FFA contracts.
• Advise clients on hedging strategies against rate volatility.

Skills

FFA/Freight Derivatives Brokerage

Negotiation Skills

Communication Skills

Market Analysis

Regulatory Compliance

Job description

Job Description

Redstone Commodity Search focuses on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks, and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search is working with a well-established international shipping company that is expanding into the derivatives brokerage space looking for FFA brokers to join their team in either London, Geneva, Dubai, or Singapore.

Key Responsibilities / Tasks

1. Provide clients with insights on dry/wet bulk freight trends and rates.
2. Negotiate and structure FFA contracts between buyers and sellers.
3. Advise clients on strategies to hedge against freight rate volatility.
4. Build and maintain strong networks with shipowners, charterers, and traders.
5. Ensure trades meet regulations and manage accurate contract records.
6. Role reports into Head of Freight Derivatives.

Key Qualifications / Experience

1. 5+ years of experience as an FFA/Freight Derivatives Broker.
2. Strong understanding of dry or wet freight shipping markets, freight indices, and FFAs.
3. Proven experience in structuring and closing deals with excellent communication and persuasion skills.
4. Transferable portfolio of business is desirable.
5. Familiarity with relevant regulations, compliance standards, and trade documentation practices.
6. Role is in either London, Geneva, Dubai, or Singapore.

For all positions based in Switzerland, Redstone Commodity Search works with their licensed Swiss partner Accurity GmbH. All candidate applications are handled in accordance with Swiss law.