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Trainee FX Broker - FCA Regulated Firm - London - City

Banking and insurance
London, Greater London
Select Capital Markets | Career Search


Trainee FX Broker | London | City | Basic salary plus commission payout (uncapped) and bonuses.

We are looking for a trainee fx broker for a major FCA regulated foreign exchange company based in the City of London.

The role will require you to identify and source new potential corporate clients, open dialogue with key decision makers e.g:

Managing Directors/Financial Directors, build rapport and understand their FX requirements, and demonstrate how you can meet their needs. Understand which product mix from spot, forwards, options or payment solutions would best suit their needs.

Essential Qualities and Requirements for Trainee FX Broker:

• Sourcing quality new leads
• Sourcing corporate organisations that deal in FX and international payments
• Identify key FX decision makers within the organisation
• Generating new opportunities effectively via various channels e.g. CRM database, websites and directories
• Preparing and structuring calls to obtain a full understanding of a potential client’s FX requirement
• Achieve monthly activity and revenue targets
• Obtaining accurate and concise information from key decision makers
• Identifying customer needs and motivations by using fact finding techniques
• Stimulating interest in what the company services
• Build a portfolio of clients with a senior member of the team
• Organising a second conversation or face to face meeting
• Pre-empting client and overcoming client objections by effectively communicating relevant solutions
• Maintaining records of all client contact to a high standard
• Logging all prospect contact in CRM in line with Company policy
• Marking clear activities for your senior team member to follow up the leads
• Representing the Company using professional manner in a multichannel environment e.g. face to face, phone, email
• Represent the Company externally e.g. trade fairs, exhibitions, client events
• Demonstrable experience of working towards targets
• Relationship building with people at varying levels of seniority
• Previous sales experience (cold calling) - desirable
• Working within a multichannel environment e.g. telephone, email, face to face)

Working H:ours and Remuneration for Trainee Stockbroker:

• Hours 8:30am-5:30pm
• Holiday 20 days per annum (excluding bank holidays)
• Salary basic + commission