Oil Broker

Freight Investor Services; Singapore; On-site; SGD 52,000 - 78,000; Full time

Benefits offered by this job

Competitive salary

Discretionary bonus

CPD opportunities

Private healthcare

25 days holiday

Job summary

Freight Investor Services in Singapore is seeking a junior Oil Broker with proven experience in a broking environment for an entry-level role. You will be personable, proactive, and capable of generating leads while working within a fast-paced, collaborative desk.

The role emphasizes strong market analysis, regulatory awareness, and ongoing development. Ideal candidates have a degree in economics or related field, are proficient in Excel, and enjoy building client networks.

Qualifications

• Experience in execution brokerage in financial markets or physical markets.
• Strong analytical and numeracy skills.
• Excellent communication with clients and colleagues.
• Entrepreneurial mindset with self-motivation.
• Team oriented and able to work with diverse groups.
• Attention to detail and robust quantitative abilities.

Responsibilities

• Promote FIS and provide market intelligence and analysis to clients.
• Arrange trades via voice broking for execution on behalf of clients.
• Ensure trades are executed on an execution-only basis and entered into Trade Manager.
• Maintain and enhance client relationships with regular contact and activity tracking.
• On-board new clients following Compliance and Operations procedures.

Education

Degree in Economics or related degree

Tools

Excel

Job description

About the role
We have an exciting opportunity for a junior Oil Broker with proven and demonstrable experience in a broking environment. This is a entry-level experience role for a dynamic individual who has a passion for the financial markets. You will be personable, tenacious and a natural networker, having a proactive approach to generating leads and securing new business.
In addition, you will be well-organised, highly analytical and thrive in a fast-moving environment with a flat management structure. You are able to work under your own initiative and be an excellent team player, able to adapt and fit in with close-knit desk teams.
Key responsibilities:

• Promote FIS as a company; providing market intelligence and analysis to clients
• Arrange trades via voice broking on and behalf of clients for execution at relevant exchange
• 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 co‑operate with the 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

• Seek regular feedback from Desk Head to ensure role requirements are met
• Complete any mandatory training required by the company and required deadlines
• Maintain own Continued Professional Development (CPD)

Requirements

Key competencies / skills

• Demonstrate experience in execution brokerage in related products covering commercial clients (financial markets or the physical markets) - essential
• Deep understanding of price risk management - essential
• Robust quantitative, presentation, and decision-making capabilities
• Entrepreneurial mindset / self‑motivated
• Strong client focus; personable and engaging building relationships and networks wherever possible
• Degree in Economics or related degree – preferred
• Communicate effectively with clients and colleagues - essential
• Tenacious and thrives in a pressurised environment – essential
• Team orientated; works well with others and diverse groups / personalities – essential
• Excellent attention to detail; strong analytical and numeracy skills – essential
• Good IT Systems experience – Excel - essential

Benefits

Competitive salary and discretionary bonus

Learning & Development / CPD opportunities

Private healthcare

25 days holiday

FIS is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, sex, national origin, disability, protected veteran status, sexual orientation or any other characteristic protected by law.

We are committed to treating all of our candidates fairly and would like you to have every opportunity to excel in our application and interview selection process. If you need any adjustments to be made as part of the process (such as for a neurodiverse condition, a disability, a medical condition or other individual need) please let us know in good time, so that we can support you.

Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.