Trainee Broker

Job Description

Trainee Broker - Energy and Commodities

The Company

At ICAP, our vision is to be the most trusted and respected data and market execution providers in the financial, energy and commodity products in which we transact.

Our global Energy & Commodities division operates in all major commodities markets including oil, gas, power, renewables, carbon, ferrous metals, base metals, precious metals, soft commodities and coal.

Our Energy and Commodity brokers assist across the value chain, from canvassing the market for expressions of interest, to intelligence gathering, negotiations and post-transaction processing. They also provide insights on the impact of unpredictable factors such as weather conditions and geopolitics.

At ICAP, our people are at the heart of everything we do. We aim to attract, develop and retain best-in-class talent to strengthen our professional and client-first culture and we are currently recruiting a Trainee Broker to join our high performing team.

The Opportunity

Located in Melbourne, this is a fantastic opportunity to learn broking from the ground up, to develop a long term and rewarding career in an exciting and changing sector. The role will focus on Electricity as part of a small cohesive team, which forms part of a larger and very successful energy team.

If you have some knowledge or are curious about the Australian wholesale electricity market and how the landscape is changing, this provides an opportunity for a career that will allow you to explore fully. You’re promised exposure to the changing energy markets and the opportunity to carve out a career in a constantly evolving industry.

You’ll be working with a team that values individual contribution, diversity and an eagerness to learn. If you consider yourself responsible, dedicated and are sociable this role offers the opportunity to build an incredibly rewarding career.

What to expect

In the first three months, you’ll develop an understanding of the requirements of the role and begin to support our senior brokers. You’ll be creating reports, using our company systems and providing updates from those systems to the senior brokers. You’ll be booking trades and sending confirmations.

Within six months, you’ll be assisting with inbound queries from existing clients, the onboarding of new clients along with attending client visits. You will learn how to work prices in different contracts, the market lingo and ability to close deals between buyers and sellers. You’ll be researching prospective customers, understanding clients’ portfolios and their hedging needs, plus making daily calls to customers, analysing data and supporting the desk..

Beyond six month, who knows, with attention and enthusiasm, the sky is the limit.

So who are we looking for?

You’ll have excellent communication skills, and proven ability to build rapport and develop relationships. You’ll have superb attention to detail and be able to manage multiple tasks within strict timeframes. You’ll be adept at working with and contributing to a team and a have a willingness to learn.

You will have a strong motivation to achieve, and take pride in achieving goals and desire success but not at the expense of your team’s success and you’ll always act with integrity and ethics.

A degree, or working towards a degree in economics, finance or an environmental field is welcome but not essential.

Why ICAP

As part of TP ICAP Group, ICAP has offices in 26 countries, named 2020 Interdealer Broker of the Year, if you choose to join ICAP you'll be in the company of dynamic and ambitious professionals, working together in an energised environment that nurtures your talents and ideas.

Location

Australia - 525 Collins Street - Melbourne