Broker Trainee

863 Parameta Solutions (Singapore) Pte. Limited; New York (NY); On-site; USD 70,000 - 95,000; Full time

Job summary

TP ICAP in New York, NY seeks a Broker Trainee for our U.S. Treasuries desk, onsite to support brokers, input trades, and resolve queries. You will monitor markets, provide live quotes, and maintain accurate records while building client relationships.

The role emphasizes mathematical proficiency, interest in finance, strong work ethic, ethics, and the ability to work under pressure in a fast-paced environment. This is a full-time, onsite opportunity.

Qualifications

• Proficiency in mathematics.
• Keen interest in the financial market and economy.
• Hard working and willingness to learn.
• Build relationships both internally and externally wherever possible.
• Upholds professional ethics and company values.

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 trade queries and discrepancies promptly.
• Identify trade opportunities and calculate strategies.
• Keep trade records up to date.
• Provide live quotes to traders through messaging systems.
• Monitor markets and follow financial news and developments.
• Liaise with clients to understand business objectives and provide broking service.
• Develop new business with existing clients and onboard new clients with Client On-Boarding team.

Skills

Mathematics

Financial markets

Work ethic

Relationship building

Ethics

Job description

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure. Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions. Through our people and technology, we connect clients to superior liquidity and data solutions. The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform. Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

About ICAP

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

This fully onsite Broker Trainee role will sit on the U.S. Treasuries desk.

Role 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
• Communicates effectively and efficiently to internal and external stakeholders
• Build relationships and networks with both internally and externally wherever possible
• Demonstrates strong customer focus
• Constructively handles disagreements to reach a resolution
• Shows evidence of being comfortable working in fast paced or pressured environments
• Promotes loyalty to TP ICAP and its principles
• Works ethically and shows respect for both professional and company values
• Excellent attention to detail, highly organized with a proactive approach
• Strong analytical ability and problem solving skills

Experience/Competencies

Essential

• Proficiency in mathematics
• Keen interest in the financial market and economy
• Hard working and willingness to learn
• Build relationships both internally and externally wherever possible
• Upholds professional ethics and company values

Desired

• Handles situations and problems effectively using own initiative
• Demonstrates ability to work effectively with others
• Seeks opportunities for improvement
• Demonstrates high levels of energy in seeking out and achieving new goals
• Ability to work effectively in a high-pressure environment; able to keep emotions under control in difficult situations

Job Band & Level

Professional / 4 Salary $70,000 - $95,000 (commensurate with experience) #ICAP #LI-ENT #LI-Onsite

Location

USA - 200 Vesey Street - New York, NY

Work with us

Connecting clients, communities and colleagues for sustainable growth TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities. Work with us Joining TP ICAP puts you at the heart of markets that matter. You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.

More about us

TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group. Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow. Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth. And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future. TP ICAP. We connect.

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.