Broker (Turkish/English)

Open 32d

Core Activities

  • Broking the product in accordance with established market practice and in compliance with all relevant laws and regulations.

  • Gaining a full understanding and working within internal compliance and other policies and procedures, including specific desk procedures. Maintaining this knowledge as policies and procedures evolve.

  • Complete all assigned training and policy attestations in a timely manner.

  • Calculating dealing prices in accordance with the Company’s pricing policy.

  • Recording all brokerage deals in accordance with the Company’s settlements and Operations requirements.

  • Raising the profile of the desk.

  • Maintain fitness and propriety to become and/or continue to be an approved person with the FCA’s approved persons regime, if required.

  • Attend and contribute in all team meetings as required by the desk head or other manager.

  • Be alerted to Conduct Risk issues, specifically the risk of harm to client interests, market integrity and/or competition in financial markets due to inappropriate practices or behaviours across the firm.

Key contacts/working relationships

  • Liaising with clients, traders and financial institutions in London and the rest of Europe or globally as required.

  • Securing business through and improving relationships with existing contacts.

  • Developing relationships with new clients in the financial markets, thus increasing the Company’s client base.

  • Contribute to brokerage agreement negotiations as required.

  • Entertaining and making personal contacts with existing and potential customers.

  • Key outputs and key performance indicators

  • Generate at least the minimum amount of revenue as set out in the individual employment contract.

  • Attesting to and demonstrating sound understanding of all regulatory requirements on an ongoing basis.

  • Actively contribute to the work of the desk, being a team player and ensuring the Company’s needs are at the forefront of all activities undertaken on the desk.

Technical Ability

  • A high level of product and market knowledge to provide a professional and profitable service to the Company’s clients

  • Computer literacy, with extensive knowledge of market data

  • Firm understanding of compliance regulations and FCA requirements, including specific understanding of market practice and compliance regulations in relation to product.

Experience

  • Minimum 5+ years' trading experience at a local bank

  • Experience carrying out transactions in REPO/Reverse REPO, FX Swap, FX Forward, Money Market, OIS in Turkish Lira in addition to FX Derivatives and Fixed Income Products

Client Relationships

  • Ability to identify client needs in Turkish Lira and EMFX products

  • Ability to attract, entertain and do business with new and existing clients

Problem Solving

  • Demonstrable mathematical knowledge and

  • Excellent numeracy skills

Communication Skills

  • Excellent negotiation skills, able to influence others to achieve a successful outcome

  • Clear and confident verbal and written skills