Broker - Oil Options

TP ICAP

Broker - Oil Options

Salary Not Specified

TP ICAP, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 1 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 3cd6950c9e324e6589912039f3ddf7e6

Full Job Description

The ICAP Oil business is seeking an Options broker to join their London desk.
In their day-to-day role, the successful applicant will be primarily responsible for broking oil options contracts, servicing customers in these markets to generate revenue.
The role will require the individual to develop and maintain client relationships, as well as identifying prospective new clients, to contribute to the ongoing success of the desk. In addition, the individual may also be required to cover other brokers as required. Whilst we're looking for someone to focus on oil options specifically, product coverage can extend to other oil contracts as required.
Role Responsibilities:

  • Promote TP ICAP

  • Maintain and develop existing client relationships and make contact with prospective new clients where appropriate

  • Maintain an up to date knowledge of the products and markets in which you work; actively solicit feedback from industry participants through various means, including trade calls, surveys, industry events, trade shows and conferences

  • Understand the desk's business strategy and seek to identify new business opportunities relating to trends, future markets, products and clients

  • On-board new clients following the correct process with the Client On-Boarding team

  • Assess client needs and financial conditions to identify internal cross selling opportunities

  • Understand pertinent regulation within the evolving regulatory landscape

  • Support a risk and compliance aware culture and comply with group policies

  • Exercise independent judgement and act with integrity, care, skill and diligence to avoid conflicts of interest and escalate issues as appropriate

    Experience of broking commodities or Oil Options specific experience as an analyst/trader/reporter

  • Exceptional client focus / delivery skills.

  • Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations.

  • Constructively handles disagreements to reach a resolution.

  • Works ethically and shows respect for both professional and company values.

  • Understands ideas and has a viewpoint on the markets and economy.

  • Build relationships and networks with both internally and externally wherever possible.


  • Desired
  • Hard working and willingness to learn.

  • Demonstrates ability to work effectively with others.

  • Seeks opportunities for improvements.

  • Projects personal credibility.

  • Demonstrates high levels of energy in seeking out and achieving new goals.

  • Handles situations and problems effectively using own initiate.


  • #LI-ICAP #LI-Onsite #LI-MID

    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.
    The Group operates from more than 60 offices in 27 countries. We are 5,300 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, 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, 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.