FFA Broker, Singapore

  • SGD 120,000 - 150,000
  • Singapore
  • Permanent, Full time
  • Redstone Commodity Search
  • 13 Dec 17 2017-12-13

Redstone Commodity Search are working with a shipbroker seeking an FFA broker in their Singaporean office.

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 shipbroker seeking an FFA broker in their Singaporean office.

Key Responsibilities / Tasks

  • Broke FFA (Forward Freight Agreements) for hedging and speculative books for a range of corporate clients
  • Identify market risks and broker FFA risk management solutions and services from a trading standpoint to assist clients in both ongoing relationships as well as on boarding new corporates
  • Advise on speculative and hedging strategy for clients covering shipping, logistics, freight and investment houses/banks
  • Work with the wider desks covering dry/wet freight, freight derivatives and broker teams
  • Reports into the Head of Freight Derivatives

Key Qualifications / Experience

  • At least 3 years’ experience in a Futures/Forwards brokerage role (ideally dry freight products)
  • Strong understanding of the marine and shipping industries with experience across a range of ship sizes including handysize panamax and supramax
  • Fluency in Mandarin is beneficial
  • Understanding of risk management, hedging tools and freight as well as the ability to work in a front office, sales focused role
  • Located in Singapore or happy to relocate

 

The successful candidate will be due to start in spring 2018.