Trainee Broker, NDF

Liquidnet; Singapore; On-site; SGD 30,000 - 50,000; Full time

Job summary

A global financial services firm in Singapore is seeking a Trainee Broker to join their team. This entry-level role offers on-the-job training and exposure to financial markets and requires a degree or diploma. The ideal candidate should be outgoing, possess strong communication skills, and have a fundamental knowledge of Financial Services. Responsibilities include supporting brokers, managing trades, and liaising with clients.

Qualifications

• Degree / Diploma holder in any discipline.
• Outgoing and good communication skills.
• 1-2 years of working experience preferred but fresh graduates are welcome.

Responsibilities

• Promote ICAP as a company.
• Provide complete support to the brokers.
• Ensure timely input of trades into trading systems.
• Resolve trade queries and discrepancies.
• Identify trade opportunities and calculate strategies.
• Keep trade records up to date.
• Update market data on electronic whiteboards.
• Provide input on various projects.
• Provide daily trade details to brokers.
• Give live quotes to traders.
• Monitor markets and follow financial news.
• Understand the underlying products being traded.
• Liaise with clients to provide reliable broking service.
• Develop new business and onboard new clients.

Skills

Outgoing & good communication skills

Fundamental knowledge in Financial Services

Education

Degree / Diploma holder in any discipline

Job description

About ICAP :

ICAP, part of TP ICAP group, provides a wide variety of execution and information services to wholesale market participants.

We offer broking services covering a wide range of asset classes, including Commodities, Credit, Equities, FX, Money Market Funds and Rates.

For each asset class, ICAP offers e-trading capability, giving clients the option to enter prices and execute trades directly via one of our hybrid electronic trading systems, or to engage with brokers who can identify and negotiate trades.

Role Overview :

The NDF desk is seeking a Trainee Broker to join their Singapore team. This is an entry level role into the world of Broking and this opportunity can provide the successful applicant with on-the-job training and exposure to the financial markets we operate within. We are ideally looking for a bright and enthusiastic individual that can work autonomously and collaboratively in a small team and can think on their feet. This is an exciting opportunity to be part of a highly experienced team and would be perfect for somebody looking to start their career in Financial Services.

Responsibilities :

• Promote ICAP as a company
• Provide complete support to the brokers for the smooth running of the desk
• Ensure timely input of trades into trading systems
• Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner
• Identify trade opportunities and calculate strategies
• Keep trade records up to date.
• Update real-time manual / electronic whiteboards with market data
• Provide input on various projects for brokers and traders
• Provide trade details to brokers and traders on a daily basis
• Give live quotes to traders through the messaging systems
• Monitor markets and follow financial news and developments
• Understand the underlying products being traded and keep up to date with knowledge of new products / procedures
• Liaise with clients, (via telephone and face to face) to understand the business objectives of your clients as to provide a reliable and efficient broking service
• Develop new business with existing clients and on-board new clients following the correct process with the Client On-Boarding team

Role Responsibilities :

• Promote TP ICAP as a company
• Provide complete support to the brokers for the smooth running of the desk
• Ensure timely input of trades into trading systems
• Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner
• Identify trade opportunities and calculate strategies
• Keep trade records up to date.
• Update real-time manual / electronic whiteboards with market data
• Provide input on various projects for brokers and traders
• Provide trade details to brokers and traders on a daily basis
• Give live quotes to traders through the messaging systems
• Monitor markets and follow financial news and developments
• Understand the underlying products being traded and keep up to date with knowledge of new products / procedures
• Liaise with clients, (via telephone and face to face) to understand the business objectives of your clients as to provide a reliable and efficient broking service
• Develop new business with existing clients and on-board new clients following the correct process with the Client On-Boarding team

Experience / Competences

Essential

• Degree / Diploma holder in any discipline
• Outgoing & good communication skills

Desired

• Has a fundamental knowledge in Financial Services
• 1- or 2 years' working experience preferred but fresh graduates are welcome to apply

Job Band and Level :

Professional, 4

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.

Location

Singapore - 50 Raffles Place - Singapore