Dry FFA Broker, London

Recruiter
Anonymous
Location
London
Salary
40000.00 - 80000.00 GBP Annual + GBP40000 - GBP80000/annum
Posted
21 Apr 2017
Closes
23 Apr 2017
Category
Accounting
Function
Broker
Contract Type
Permanent
Hours
Full Time
Redstone Commodity Search focus on offering 360?? search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today's volatile market.

Redstone Commodity Search are working with a shipbroking company seeking an FFA broker in their London office.

Key Responsibilities / Tasks

• Broking dry Forward Freight Agreement (FFAs) for hedge and speculative books
• Front office revenue generation through providing strategy and hedging advice to clients including shipping companies, charterers, chartering, investment houses and banks
• Provide full service risk management solutions to freight derivative clients, including broking FFA contracts to assist ship owners, speculators and charterers to hedge against volatile freight rates
• Work closely with the other desks in the business to cross and upsell clients to other services and solutions that the company offer
• Reports into the Head of Freight Derivatives

Key Qualifications / Experience

• 2 years' experience in a brokerage/shipping role
• Strong understanding of Forward Freight Agreements / FFA's and the shipping or marine markets as a whole
• Knowledge of hedging/risk strategies with experience of selling these into banks, institutional, corporate and speculative clients as well as shipping industry players including owners, charterers and operators
• Experience on dry freight / dry cargo on ship sizes including Capesize, Panamax, Handysize or Supramax
• Located in London or happy to relocate