Desk Assistant - G10 FX Options

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 Tullett Prebon (TP):

A world-leading intermediary in the wholesale financial and energy markets, Tullett Prebon seeks to maximise value for its clients' trading activities across voice, hybrid and pure electronic channels.

We offer broking services for a wide range of asset classes, including Equities, Credit, FX, Rates and Insurance Derivatives.

Across all asset classes, Tullett Prebon offers e-solutions to give clients the choice to enter prices and execute trades electronically and directly via one of our hybrid electronic trading systems, or to engage with brokers to help identify and negotiate trades.

Role Overview:

G10 FX Options refers to foreign exchange (FX) options contracts involving the currencies of the Group of Ten (G10) countries. G10 FX options allow investors to buy or sell a specific amount of currency at a predetermined exchange rate (strike price) on or before a specified expiration date. These options provide the holder with the right, but not the obligation, to exchange one currency for another at the agreed-upon rate. G10 FX options are traded over-the-counter (OTC) and on various exchanges, providing market participants with flexibility in terms of contract size, expiration dates, and strike prices. These options are widely used by institutional investors, corporations, and financial institutions for various purposes, including hedging against currency risk, speculating on exchange rate movements, and managing exposure to foreign currencies within their portfolios.

This is an entry level role and will provide the successful application with on-the-job training and vast exposure to the fast-paced financial markets. As a Desk Assistant you will be key to providing complete support to the brokers for the smooth running of the desk. Whilst this role will initially cover desk administration duties, there is scope to progress to a Trainee Broker role, subject to passing exams, demonstrating consistent performance and building your career in the broking industry.

You do not require a degree for this opportunity but recent A-Levels or equivalent qualification(s) are preferred. Experience in finance / financial services is not necessary but would be beneficial, ideally the successful candidate will already have some work experience (we believe this may best suit somebody looking for their second career move).

Role Responsibilities:

• Promote TP ICAP group.
• Ensure timely input of trades into trading systems.
• Resolve any trade queries received internally and externally, and ensure any trade discrepancies are resolved in a timely manner.
• Identify trade opportunities and calculate strategies.
• Keep trade records up to date.
• Update real-time electronic whiteboards with market data.
• Provide input on various projects for brokers and traders.
• Provide trade details to brokers and traders on a daily basis.
• Monitor markets, keep up to date with financial news and geo-political events that impact the financial markets.

Experience / Competences:

Essential

• Ideally a candidate looking for their second move within their career.
• Recent GCSEs and / or A-Levels or equivalent qualifications required.
• Proven understanding of how a FX Option is brokered / traded.
• Demonstrated interest in the financial markets and the economy.
• High level of computer competence.
• Hard working and willingness to learn.
• Ability to work effectively in a high-pressure environment, can keep emotions under control in difficult situations.
• Works ethically and shows respect for both professional and company values.

Desired

• Handles situations and problems effectively using own initiate.
• Build relationships and networks with both internally and externally wherever possible.
• Demonstrates ability to work effectively with others.
• Seeks opportunities for improvements.
• Demonstrates high levels of energy in seeking out and achieving new goals.

#TP

Not The Perfect Fit?

Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.

Company Statement

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.

Location
UK - 135 Bishopsgate - London